PM nods 26 Japanese firms to explore investment prospects
Prime Minister Hun Manet on Tuesday approved 26 Japanese companies to explore investment opportunities in the Kingdom’s potential sectors, including agriculture, food processing and aquaculture. The approval was granted to Takahashi Fumiaki, President of Japan-Cambodia Association (JCA) during a meeting at the Peace Palace on November 19. The JCA President apprised the Premier on the […]
Major UAE firm expresses interest in investing in Cambodia’s transportation and logistics sector
Sultan Ahmed Bin Sulayem, Chief Executive Officer (CEO) of DP World, expressed his interest in exploring investment opportunities in Cambodia, particularly in key sectors including transportation, logistics and industrial park development. Sultan Ahmed Bin Sulayem paid a courtesy call to Cambodian Prime Minister Hun Manet on Wednesday at the National Assembly. The CEO also informed […]
Cambodia earns $472 mln from rubber latex exports in 10 months
An official report showed on Wednesday that Cambodia earned $472 million in revenue from exports of natural rubber latex in the first 10 months of 2024, up 22.5 percent over the same period last year. The kingdom exported 291,269 tons of the commodity during the January-October period this year, up 2.6 percent over the same […]
PwC Cyprus joins consortium for European offshore energy project
PwC Cyprus, in collaboration with Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded Project Symbiosis by the European Defence Agency (EDA). Announced this week, the initiative will explore how offshore renewable energy can coexist with defence operations across Europe’s maritime zones, addressing challenges and opportunities in sustainable energy integration. Project Symbiosis, […]
AmCham survey details optimistic outlook for doing business in Cambodia
The American Chamber of Commerce in Cambodia (AmCham Cambodia) on Monday released its annual ‘Business Climate Survey 2024’ report, compiling insights shared by over 500 registered Cambodian-based companies. The AmCham survey results suggest generally optimistic growth prospects among responding businesses, including increased profitability and planned investment expansions in 2024, as well as increasingly strategic investment […]
First mobile desalination units expected next October
The first mobile desalination units will be ready in October 2025, the water development department said on Tuesday. The department added that Cyprus was top of Europe regarding per capita storage of rainwater and the use of non-conventional resources, with 110 dams – of which 57 are large – five desalination plants covering over 70 […]
Large cruise ship carrying over 2,600 Multinational Tourists docks in Sihanoukville
A large cruise ship, carrying 2,641 multinational tourists and crews, docked at Sihanoukville Autonomous Port on 19 November 2024. The ship is carrying 776 crews from 35 nationalities, 136 females, and 1,865 tourists from 43 nationalities. The ship departed from Viet Nam and is scheduled to continue its journey to Thailand after leaving Sihanoukville.
‘How a trip to Cambodia completely changed how I holiday’
- By Amanda Champion I’ve always been interested in exploring Asia however a combination of timing, work and family commitments and the dreaded pandemic prevented the opportunity from coming to fruition. That is until my husband and I signed up for a charity bike ride in Cambodia in January 2022 with REACH Siem Reap, which provides holistic support to Cambodian […]
Cambodia’s Agricultural Sector Attracts Major Japanese Investment
A delegation of 26 Japanese investors, led by H.E. TAKAHASHI Fumiaki, former Japanese Ambassador to Cambodia and current President of the Japan-Cambodia Association (JCA), was received by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, at the Peace Palace on November 19, 2024. The delegation expressed keen interest in exploring investment opportunities […]
Water Festival 2024 worth around 600 to 700 million dollars to Cambodian economy, say experts
Dr. Hong Vannak, an economist at the Royal Academy of Cambodia, has stated that tourists visiting the Water Festival last week made significant contributions to economic activity He added that this spending is not only for the three days of the Water Festival, but people, especially people from the provinces, have been staying in Phnom […]
Cambodia exports textiles, garments, footwear, travel goods worth $11.4 bln in first 10 months
year, a year-on-year increase of 14.5 percent, the report said, adding that garments worth 8 billion dollars were shipped to international markets, up 23.6 percent. The report added that $1.33 billion worth of footwear was exported, up 22 percent, while travel goods equivalent to $1.69 billion were sold to the international market, up 20.6 percent. […]
Cambodia, Malaysia trade rises 35%
Trade between Cambodia and Malaysia reached $715 million in the January to October period this year, a jump of 35.3 percent compared to the same period last year, according to the data of the General Department of Customs and Excise (GDCE) released recently. While Cambodia’s exports to Malaysia reached $110 million in the period, rising […]