Cambodia’s long-term growth realistic, achievable, says MEF
Cambodia’s public finance system is progressing in the right direction, said Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance (MEF), terming it as realistic, achievable, and aligned with international standards to ensure efficiency, effectiveness, transparency, and accountability in the Cambodian context. Speaking at the opening session of the ‘2024 Annual Review of the […]
Digital Economy Forum underscores Kingdom’s rapid digitalization
The Digital Economy Forum 2025 focussed on Cambodia’s advancing digital landscape by fostering digital literacy and promoting the importance of digitalization. The forum was organized recently at Oakwood Premier Hotel in the capital by the Digital Economy and Business Committee with the support of the Capacity Building Research and Development Fund of the Ministry of […]
Malaysia-Cambodia trade partnership touched new heights in 2024
Malaysia’s trade performance in 2024 continued to deliver outstanding performance, recording another milestone with trade reaching new heights. Trade, exports and imports rebounded in 2024 with trade amounting to RM2.879 trillion, an increase of 9.2 percent year-on-year, surpassing the RM2 trillion mark for four consecutive years. Similarly, exports exceeded RM1 trillion for four consecutive years, […]
EU grants €15 million to modernize Cambodia’s agriculture, boost exports
The European Union (EU) Friday granted €15 million, approximately $16.38 million, to modernize Cambodia’s agricultural sector and improve farmers’ access to both domestic and global markets. An agreement to the effect was signed between the European Investment Bank’s (EIB) global division and Cambodia’s Ministry of Economy and Finance (MEF) to support the Agriculture Services Programme […]
MoC urges businesses to promote women’s empowerment
A senior Ministry of Commerce official yesterday urged businesses in the Kingdom to promote women’s empowerment. Secretary of State Serei Borapich made the statement while speaking at an event held to mark International Women’s Day. The event titled ‘Gender Equality Means Business’ was organised by UN Women along with the European Chamber of Commerce in […]
Chinese firm to buy 200,000 tonnes of cassava
COFCO Bio-Energy Co Ltd, a major Chinese state-owned food processing and trading conglomerate, Friday signed a memorandum of understanding (MoU) with Hang Harvest Agriculture Co Ltd, a local company based in Oddar Meanchey province, to purchase 200,000 tonnes of dried cassava. Lim Lork Piseth, Secretary of State of the Ministry of Commerce (MoC), presided over […]
Minister of Commerce promotes investment in the electric vehicle market
Cham Nimal, Minister of Commerce, has encouraged investment in the electric vehicle (EV) market, highlighting the potential to reduce costs, enhance energy efficiency, and lower emissions, benefiting both consumers and the environment. The Minister made these remarks while presiding over the official launch of the Peugeot 408 2025 Series, which took place at the Premie […]
Cyprus about to join US Visa Waiver
Cypriot citizens are one step closer to the dream of hassle-free travel to the United States, as final approvals near for Cyprus’ inclusion into the US Visa Waiver Program (VWP). The Cypriot authorities have already done all the necessary groundwork to secure the final green light from the US. A team of experts from the […]
Financial literacy is a major priority, President says
Despite the economic progress in Cyprus, financial literacy levels remain below the EU average, President of the Republic Nikos Christodoulides has said, noting that the government has set the issue of financial education as a major priority. Speaking at the 1st International Conference of the Cyprus Financial Literacy and Education Committee (CyFLEC) entitled “Financial Literacy […]
Cyprus Business Now: tourism minister, BoC shares, Oev leadership, hydrogen
Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. All recent revisions indicate a more optimistic outlook compared to previous estimates. A key factor driving these upward adjustments is the bank’s updated profit distribution policy. In its preliminary results announcement, the […]
