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Cambodia exported $527.886 million worth of merchandise to Thailand in the first half (H1) of 2023, up 6.48 per cent from $495.778 million in 2022H1 and up 57.11 per cent from $335.99 million in 2022H2, according to Customs (GDCE).
Cambodian goods are becoming more prevalent in Thailand, signalling an uptick in demand as the two ASEAN kingdoms work toward boosting annual bilateral trade to more than $15 million in the coming years, by leveraging preferential intraregional trading arrangements, according to Thai commerce officials.
The Bangkok-based Cambodia Business Council (CBC) and local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as to improve Cambodian exports regionally and globally.
Members of the local business community are showing confidence in local magnate Kith Meng’s ability to lead the country’s and capital’s apex trade associations in his new three-year term as president of both bodies, as well as to improve access to overseas markets for domestic firms, boost exports, and bringing in more foreign investment.
ANN/PHNOM PENH POST – With COVID-related documents no longer needed to be presented for entry into Cambodia, tourism industry insiders are gearing up for an uptick in international and domestic tourism. In an October 3 announcement issued by the Ministry of Health, minister Mam Bun Heng affirmed, “We have removed the requirement for all inbound […]