Yura Harness, the South Korean car electronics assembly plant operating in the Kampong Speu province of Cambodia, is looking into expanding its operations in the country, in a move that can create more jobs for local people. Representatives of Yura Harness (Cambodia) discussed the expansion plans during a courtesy call on Cheam Chansophoan, Governor of […]
Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet extended welcome to and encouraged more American investors to do business in the Kingdom. The encouragement was emphasised here this morning when Samdech Thipadei Hun Manet received an American business delegation led by Mr. Patrick Murphy, Executive Vice President of Otis McAllister Co. During the meeting, […]
Cambodia’s international trade volume reached $36.48 billion in the first eight months of this year, up 16.5% from $31.32 billion over the same period last year, said an official report released on Tuesday. The Kingdom’s total exports amounted to $17.58 billion during the January to August period, a year-on-year increase of 16.7%, and total imports […]
Cambodia’s exports reached $17.58 billion in the first eight months of this year, a surge of 16.7 percent compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. Cambodia’s imports too went up reaching $18.9 billion during the January to August period […]
Prime Minister Hun Manet Tuesday welcomed the US companies seeking investment opportunities and interested in exporting Cambodian agricultural products to the US market, as well as promoting cooperation in the field of education in the Kingdom. During a discussion with the US business delegation led by Patrick Murphy, Executive Vice President of Rice and Grain […]
Investissement Québec International (IQI) a Canadian government organisation in charge of foreign direct investment and commercial promotion of goods & services from Quebec manufacturers, is planning to visit Cambodia shortly to explore investment opportunities. The information was shared by the IQI’s representative during a meeting with Rath Saravuth, Secretary of State at the Ministry of […]
The Cambodia Chamber of Commerce (CCC) and the Korea Chamber of Commerce and Industry (KCCI) are set to meet this week in Seoul to review the progress made on their bilateral cooperation agreement. The meeting will take place just months after the two chambers signed a Memorandum of Understanding (MoU) aimed at enhancing trade and […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Saturday led a delegation to explore the Free Trade Zone (FTZ) in Xiamen, a port city located in the southeastern Fujian province, China, aimed at attracting private investments to boost socio-economic diversification in the Kingdom. The Deputy […]
The Techo International Airport (TIA), which recently posted construction progress of over 80 percent, yesterday launched engineering flight inspections. The inspections are conducted from September 8 to 12, Sin Chansereyvutha, Under-Secretary of State and Spokesman at the State Secretariat of Civil Aviation, said. The engineering flight inspections involve a team of aviation experts assessing the […]
The Cambodia Securities Exchange (CSX) reached a total market capitalisation of $2.73 billion by the close of the second quarter in 2024, according to a report released by the Securities and Exchange Regulator of Cambodia (SERC) on Friday. The report highlighted the two types of securities currently traded on the CSX—stocks and bonds. On the […]
The Siem Reap provincial authority, in collaboration with the private sector, plans to make this month attractive for national and international visitors by hosting special events. The plan was revealed by Ngov Sengkak, Deputy Governor of Siem Reap province, following a preparatory meeting for World Tourism Day with the private sector in Siem Reap City […]
Cambodia launched a $27 million project on Thursday to enhance the sustainability, export, competitiveness, and inclusiveness of the Kingdom’s cashew nut and pepper industries, according to a joint press release. Jointly funded by the European Union (EU) and Germany’s Ministry for Economic Cooperation and Development, the five-year project will be implemented by the German Agency […]
Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. “A rebound in the garment sector due to stronger demand in major markets and a […]
The Bay of Lights, a transformative USD 16 billion coastal township development project, took center stage at the inaugural Singapore Business Expo 2024, coinciding with Singapore’s 59th Independence Day celebrations. Showcased as the groundbreaking project, the Bay of Lights is poised to transform Cambodia’s coastal economy and create ripple effects across the Southeast Asia region. Transforming […]
The Council for Development of Cambodia (CDC) is gearing up for an official trip to the United States to highlight the favourable investment climate that exists in Cambodia and attract potential investors from American companies to Cambodia. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, will […]
The benefits of investing in ASEAN and Cambodia are clear and compelling, Australian businesses were told recently by Sok Siphana, Senior Minister in charge of Special Missions, Chairman of the Trade Policy Advisory Board (TPAB) and Chairman of the Committee on the Promotion of Resolutions of Private Sector Issues. In his closing keynote address at […]