A Thai delegation composed of representatives of the Board of Investment of Thailand, the Thai Business Council, and investors from 20 companies is visiting Cambodia to learn more about the Kingdom’s investment environment and explore opportunities for further business cooperation between the two countries. Kem Sithan, Acting Minister of Commerce, received the Thai delegation at […]

Cambodia is experiencing a significant surge in the adoption of electric vehicles (EVs) with a total of 3,676 units of electric cars, electric scooters and electric three-wheelers registered as of August 2024, said Peng Ponea, Minister of Public Works and Transport. The minister made this announcement during a dissemination workshop on National Policy on EV […]

Cambodia is experiencing a ‘flurry of overseas investment interest’ in 2024 signifying a positive outlook for the economy in coming periods, says a business development firm, Aquarii BD Cambodia’s latest investor’s prospectus report. According to Michael Tan, founder and CEO of Aquarii BD Cambodia, “We are witnessing a clear upward trajectory in Cambodia’s investment climate.” […]

Fresh off the welcome upsurge in tourist arrivals, authorities in Kampot revealed ambitious new infrastructure projects to woo more tourists. On Tuesday, Kampot Provincial Governor Mao Thunin announced plans for the largest ship with a restaurant on top as well as a beach in front of the international tourist port, among other mega projects. The […]

Siem Reap, Cambodia — The centuries-old temples of Cambodia’s famed Angkor Wat played host to a parade of Rolls-Royces, Ferraris and Lamborghinis Tuesday, although drivers were banned from revving their supercharged engines. The event was intended to promote the environmentally sensitive Unesco-listed World Heritage site, where the ruins of the Khmer empire’s greatest monuments are […]

The First Vice President of the Council for the Development of Cambodia (CDC) Sun Chanthol, and Igor Driesmans, the Ambassador of the European Union (EU) to Cambodia, on Tuesday, chaired the first public-private dialogue between Cambodia and the EU to hear the concerns of European investors in Cambodia. The first Cambodia-EU public-private dialogue is part […]

Prime Minister Hun Manet received Tony Blair, the former British Prime Minister and Executive Chairman of the Tony Blair Institute for Global Change (TBI), at the Peace Palace on Tuesday. In the meeting, Blair praised Cambodia’s remarkable progress and highly evaluated Pentagonal Strategy Phase 1. He also expressed his intention to cooperate with the government […]

In a significant step towards enhancing economic ties and cross-border business opportunities, Hattha Bank, MUFG Bank, Cambodia-Japan Cooperation Center (CJCC), and Cambodia-Japan Association for Business & Investment (CJBI) have signed a Memorandum of Understanding (MoU). This landmark agreement aims to promote business collaborations and economic cooperation between Cambodia, Japan, Thailand, and other countries where the […]

TOKYO/SINGAPORE/BANGKOK/KUALA LUMPUR — Making payments through scanning QR codes with smartphones is expanding rapidly in Southeast Asia, with countries like Malaysia and Cambodia leading the growth in transactions. QR payments started to spread in the emerging region several years ago due to low bank account ownership levels, scarce ATM networks in rural areas and the […]

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10 most photogenic UNESCO World Heritage sites in Asia What inspired you to travel every corner of Asia? Is it the food, culture, people, or a little bit of everything? For us, it’s always the latter. The continent is home to numerous UNESCO World Heritage Sites, each a perfect blend of history, culture, and stunning […]

The Minister of Agriculture, Forestry and Fisheries, Dith Tina, encouraged Sela Pepper Co Ltd to develop itself and continuously improve quality to help farmers process and export. The Minister made his remark this morningwhen he received a courtesy call from the delegation of Sela Pepper Company at the Ministry. The Minister introduced the government’s priority […]

Tourist arrivals set a new all-time record in August, reaching 554,923, exceeding the corresponding arrivals of August 2019, the record year for Cypriot tourism, by 0.20%. According to Cystat, for the period of January – August 2024, tourist arrivals totaled 2,758,627 compared to 2,648,795 in the corresponding period of 2023, recording an increase of 4.1%. […]

Cambodia exported 209,733 tonnes of rubber and earned over $328.3 million in revenue during the January-August period this year, an increase of 15.5 percent from $284.1 million during the same period last year, according to a report by the General Directorate of Rubber released yesterday. Khun Kakada, Acting-Director General of the General Directorate of Rubber […]

Day three of the celebrity-infested Gumball 3000 Rally saw the parade of 102 luxury cars accelerating star-studded glamour in Siem Reap yesterday at the historic Angkor Wat, which is set to create a new Guinness World Record for the maximum number of supercars to assemble in front of a world heritage monument. Expressing gratitude to […]

Canopy Sands Development unveiled its USD 16 billion Bay of Lights township project at two distinguished industry events—the Australia-ASEAN Business Forum and the Hotel Investment Conference Asia Pacific Australia New Zealand (HICAP ANZ 2024), highlighting its pivotal role in fostering regional collaboration and elevating Cambodia’s profile as the next financial and tourism destination on the […]