Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $22.92 billion in the first eight months of 2024, up 17.2% from $19.55 billion over the same period last year, said the latest report from the General Department of Customs and Excise on Saturday. The country’s trade volume with fellow RCEP members accounted for 62% of its $36.94-billion total […]

Thousands of tourists are flocking to Cambodia’s icon, Angkor Wat, to witness the famed Autumn Equinox.The event runs from September 21-23. All images: AKP

A high-ranking Cambodian official is highly optimistic that more Japanese investment companies will target Cambodia as their investment hub. Sun Chanthol, Deputy Prime Minister and First Vice President of Council for the Development of Cambodia (CDC), made the remarks in Pursat province this morning while he was presiding over the groundbreaking ceremony for the construction […]

Cambodia exported over $9.2 billion worth of garments, footwear and travel goods in the first eight months of 2024, up 22.8% from $7.5 billion over the same period last year, said a General Department of Customs and Excise’s report yesterday. Garments and textiles accounted for more than $6.8 billion during the January-August period this year, […]

Prior to the 1970s, most Asian populations were very young. However, this demographic profile has shifted significantly, with several Asian countries now poised to become “super-aged.” Cambodia is well-positioned to capitalize on this demographic change. The country’s population is entering a period of rapid economic growth, fueled by a growing cohort of working-age individuals (30-49). […]

Under the Airport Carbon Accreditation (ACA), introduced in 2009 on the initiative of the Airports Council International Europe (ACI EU), Sihanouk International Airport has been upgraded to Level 3 certification of a program aimed at reducing greenhouse gas emissions while engaging stakeholders to curb their own emissions. Earlier this year, Phnom Penh International Airport, also […]

Japan External Trade Organization (JETRO) will strengthen cooperation with Cambodia’s Ministry of Commerce to help the Kingdom fully tap its export potential. The assurance was given to Samheng Bora, Secretary of State of the Ministry of Commerce, when a Cambodian delegation headed by him met with Sho Hideki, Director General of JETRO in Osaka, Japan, […]

Cambodia-China Tourism Forum 2024 officially kickstarted yesterday in Siem Reap province under the theme ‘Revitalization of the Chinese Tourism Market to Cambodia: Challenges, Perspectives and Recommendations’. This forum aimed at promoting tourism and cultural exchange, especially to enhance cooperation between the two countries, promote tourist flow and attract more Chinese investors to Cambodia’s tourism sector […]

While clearing rubble from a collapsed gate at the  Banteay Prei Temple within  Cambodia’s Angkor Wat Archaeological Park, workers stumbled upon a sandstone door guardian statue dating back 700 years. Archaeologists believe the statue may have been buried when the upper structure of the temple collapsed. Despite some notable damage, the statue, known as a dvarapala, was still in […]

PHNOM PENH: The Sihanoukville Autonomous Port (PAS), Cambodia’s primary deep-sea port covering approximately 125 hectares, has significantly expanded its container handling capacity with the official inauguration of a new 253-meter-long terminal. The ceremony was presided over by  Hun Manet, Prime Minister of Cambodia, and H.E. Ueno Atsushi, Ambassador of Japan to Cambodia. H.E. Peng Ponea, […]

PHNOM PENH: Cambodian Prime Minister Hun Manet has announced that U.S. companies are poised to significantly increase their purchases of Cambodian rice for the American market. This revelation came during the closing ceremony of the 7th Cambodian Rice Forum in Phnom Penh. During a recent meeting, U.S. businesses expressed their keen interest in expanding their imports of Cambodian rice. Prime Minister […]

PHNOM EPHH: Cambodia has officially welcomed its tallest skyscraper, J-Tower 3. A joint venture between WH, led by Cambodian Duke Association member, Neak Oknha Ang Daneth, and Japan’s Tanichu Group, the 320-meter condominium tower is set to redefine the Phnom Penh skyline. Towering over 100 meters above its nearest competitor, J-Tower 3 is the result of […]

PHNOM PENH: Cambodia has taken the top spot on fDi Intelligence’s list of the most attractive emerging markets for investment in 2024, according to a December 2023 report. Meanwhile, the southeast Asian nation is expected to see the strongest growth in foreign direct investment (FDI) this year, driven by a projected GDP growth of 6.1%, up from 5.6% in […]

PHNOM PENH: Cambodia’s economy has consistently demonstrated remarkable growth, averaging 7% annually in the decade preceding the COVID-19 pandemic. Despite global challenges, the country’s economy is projected to expand by 5.2% in 2023, solidifying its position as a dynamic investment destination (General Department of Public-Private Partnerships, GDPPP) . The Cambodian government has created a business-friendly […]

PHNOM PENH: Pursat has become an unexpected investment hotspot. Pursat province, once considered an unlikely candidate for large-scale investment, is rapidly transforming into a key economic hub for Cambodia. The province has recently attracted significant attention from both domestic and international investors. On July 8th, 2024, a high-level government delegation inspected a proposed 140-hectare special economic zone in Krakor […]