AGP Executive Report
Last update: 5 hours agoInvestment Push & Jobs: PM Hun Manet says Cambodia’s northeastern provinces have received 72 investment proposals worth about $2.7B, expected to create nearly 83,000 jobs, and urged further streamlining of investment procedures to attract more investors. Tourism Infrastructure: He also called on provinces to improve public spaces and local attractions to draw both international and domestic tourists, stressing peace and order as key to growth. Banking & Microfinance Reporting: The Association of Banks in Cambodia and the Cambodia Microfinance Association asked media to report banking and microfinance cases with full context, warning partial coverage could hurt confidence in the sector. Cashew Exports to the UK: HCST shipped processed cashew nuts directly to UK buyer Whitworths for the first time, supported by UK, EU and German programs aimed at raising quality and food-safety standards. Security & “Black Economy” Crackdown: Hun Manet warned Stung Treng to stop black-economy activities, citing risks like drug and human trafficking tied to cross-border crime. Trade Numbers: Cambodia’s merchandise trade hit $44.07B in seven months (+21.3% YoY), with exports up to $20.81B and a $2.44B deficit. Digital Payments Rule: The National Bank of Cambodia ordered businesses to report single-purpose e-money issued via e-wallets and membership cards within 90 days, warning of legal action and urging caution on unauthorized products.
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