Cambodia’s economy grew 5.6 per cent in 2023, projected to rise to 5.8 per cent in 2024, driven by garment, footwear, and tourism exports.
Exports reached $8.76 billion Jan-Sept, up 24.5 per cent YoY, fuelled by political stability, investment laws, and skilled labour.
A $208 minimum wage takes effect in 2025.
Efforts focus on green garment initiatives and circular economy practices.