Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. Cambodia exported to Thailand totalled $391 million, down 18.43 percent, while Cambodia imported […]
Three private-sector bond issuers have been selected to receive comprehensive support for their green, social and sustainability bond issuances in 2024 under the inaugural Cambodia Sustainable Bond Accelerator (CSBA) Program. A recent press release from the Securities and Exchange Regulator of Cambodia (SERC) has confirmed the three companies selected for 2024 issuances under the CSBA […]
Cambodia made a strong pitch at the ‘2024 China (Chongqing)-ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation’ held in Fuling District, Chongqing on June 18 by inviting investors from various countries to seize the opportunity to do business and invest in the Kingdom and work together to build and achieve better regional […]
Cambodia and Vietnam are on track to exceed $10 billion in trade by the end of 2024, said Vietnam’s Ambassador to Cambodia Nguyen Huy Tang. During the COVID-19 pandemic, two-way trade between the two countries was at $5.32 billion in 2020. But the figure went up to $9.53 billion and $10.57 billion in 2021 and […]
The construction of the $1.5 billion first phase of the Techo International Airport (TIA) has entered the final stage and is 78 percent complete as of June 16. The airport will be ready for commencing operations by February end of next year. The work progress of the TIA was shared yesterday by Pung Kheav Se, […]
Daily trading volumes on the Cambodia Securities Exchange (CSX) has gone up after months of decline in 2023. The first four months of 2024 saw daily trading volume has been below $200,000. But, trading has now picked up with daily trading volume at $300,000, said Hong Sok Hour, CEO, CSX. “The significant increase in daily […]
The Ministry of Tourism’s new strategy of ‘Uniting for a Collective Vision’ to reposition Cambodia as a leading global destination has started yielding positive results. Going by the latest Tourism Statistics Report of the Ministry, international tourists who arrived in Cambodia touched 2.11 million mark in the first four months this year, reaching 38 percent […]
On the day of the Local Producers and Buyers Marching Forum and Local Products Exhibition in Siem Reap province, senior officials of the One Village, One Product (OVOP) committee urged business owners and the general public to use and buy local products. Siem Reap provincial authority along with Macro Market in Siem Reap, organized a […]
In the bustling markets and vibrant streets of Cambodia, a powerful transformation is unfolding, driven by the country’s female entrepreneurs. From street vendors managing their stalls to innovative businesswomen steering burgeoning enterprises, these resilient women are challenging gender roles and becoming pillars of their communities, transforming challenges into opportunities and leading innovative ventures. According to […]
FDI in Cambodia reached 197.8 trillion riels ($48.4 billion) between 2018 and 2023, the National Bank of Cambodia said. The primary source of FDI was China (including Taiwan, Hong Kong and Macao), accounting for 45.6 per cent of total inflows to the country during the period. Manufacturing and the financial sector attracted the highest FDI […]
The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre London, took part in the London Tech Week exhibition by hosting an informative booth. Held June 10 to 12, 2024 at the Olympia Exhibition Centre in London, the event is widely regarded as the UK’s premier annual technology and innovation exhibition. […]
AirAsia will fly directly from Kuala Lumpur, Malaysia to Sihanoukville International Airport in July to seize the flow of tourists to Cambodia’s coastal province. According to a statement issued by AirAsia Cambodia on Thursday, the flights will be operated directly from Kuala Lumpur to Sihanoukville from July 3, with three flights per week: Wednesday, Friday […]
Minebea Cambodia, a subsidiary of MinebeaMitsumi, a Japanese precision components manufacturer, will expand its production chain in Cambodia by building its second factory in Pursat province, some 180 km north of Phnom Penh. “Minebea Cambodia will start constructing its second factory in Pursat in September this year,” said Keo Rattanak, the Minister of Mines and […]
President of Cambodia Chamber of Commerce, Kith Meng, called on Singaporean investors to invest in some other untapped potential areas to further build a strong economic tie between the two ASEAN nations. Addressing the Cambodia-Singapore Business Forum in Singapore on Wednesday, Meng, who is also the Chair of ASEAN-BAC Cambodia, said the forum serves to […]
In the near future, the Japanese giant company Minebea Mitsumi will open the construction site of its second factory in Pursat province’s Krakor district, which will create many new jobs for young people in Cambodia. This second factory invests in the power sector. On the official telegram of the Ministry of Mines and Energy on […]
The proposed maritime route linking the Cambodian islands off Sihanoukville with the nearby islands of Thailand and Vietnam may get ready for tests by November and can increase trade, tourism and investment opportunities in the destinations. The proposal has been lined up under the Cambodia, Vietnam, Thailand Economic Corridor (CVTEC) initiative, said Long Dimanche, the […]