Monthly Archives: November 2024

We’re delighted to share the weekly news highlights below. US remains Cambodia’s number one export market in 10 months In the first ten months of 2024, the United States remained Cambodia’s top export market, with exports reaching $8.23 billion, a 9.8% increase. Vietnam followed as Cambodia’s second-largest market, with exports to Vietnam rising by 31.2% […]

We’re delighted to share the weekly news highlights below. Cambodia Makes over $376M from Rice export in 10 Months Cambodia has earned over $376 million from rice exports in the first ten months of 2024. The country exported more than 500,000 tons of rice to international markets, with China being the largest importer, followed by […]

Kratie Celebrates the Official Opening of its First USD 140 Million Tyre Factory The Newbustar (Cambodia) Tire Co., Ltd. has officially opened Cambodia’s first-ever tyre factory in the UBE Snuol Special Economic Zone (SEZ) in Kratie province. This $140 million investment, which began operations in May 2023, spans a 40-hectare site with an annual production […]

Govt cuts 2025 budget expenditure to $9.3 billion The Cambodian government has approved a draft budget of approximately $9.32 billion for 2025, down from $9.54 billion in 2024. This budget, representing 18.14% of GDP, was approved during a cabinet meeting chaired by Prime Minister Hun Manet on October 25. The budget aims to support ongoing […]