Cambodia’s famed Angkor Archaeological Park made $30.33 million from ticket sales in the first eight months of 2024, up 31.3% from $23.09 million over the same period last year, said an official report on Sunday. The Angkor attracted 651,857 international tourists during the January-August period this year, up 30.7% from 498,513 over the same period […]
PHNOM PENH: Cambodia’s famed Angkor Archaeological Park made US$30.33 million from ticket sales in the first eight months of 2024, up 31.3 per cent from US$23.09 million over the same period last year, said an official report on Sunday, according to Xinhua.The Angkor attracted 651,857 international tourists during the January-August period this year, up 30.7 […]
The Council for the Development of Cambodia (CDC) and the Indo-Pacific Agriculture and Agri-Food Office (IPAAO) have met to discuss Cambodia’s agri-food trends and the potential for bilateral cooperation. The discussions were held at the CDC headquarters in Phnom Penh on Wednesday this week between Suon Sophal, Deputy Secretary General of the Cambodian Investment Board […]
From September 2023 to August 2024 – the first year under the seventh-mandate government of Prime Minister Hun Manet – the Council for the Development of Cambodia (CDC) approved 391 new and expanded projects, amounting to over $7.5 billion in investment, which created approximately 340,000 jobs. The figures, which represent an increase of 168 projects […]
Phnom Penh, August 28, 2024 — Cambodia and Canada have discussed ways to promote bilateral trade in agriculture and agri-food filed of both countries to the next level. The discussion was held here on Aug. 27 between H.E. RATH Saravuth, Secretary of State at the Ministry of Commerce, and visiting Ms. Diedrah Kelly, Executive Director […]
Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. The projects increased by 168 and the capital invested by 161 percent compared to a […]
The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC). The positive outlook for 2024 and beyond follows a significant slowdown which dampened overall economic growth […]
Cambodia and Canada have discussed ways to promote bilateral trade in their agriculture and agri-food sectors, elevating it to the next level. Rath Saravuth, the Ministry of Commerce secretary of state, and Diedrah Kelly, the Executive Director of the Canadian Indo-Pacific Agriculture and Agri-Food Office (IPAAO), who is based in Manila, the Philippines, discussed the […]
From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. The figures show an increase of 168 projects and about $4.67 […]
The Council for the Development of Cambodia (CDC) strengthened ties with the Korea International Cooperation Agency (KOICA), one of the international development partners of the country, and recently discussed with it the development cooperation for 2025 and 2026. The discussions over lunch on Tuesday were led by Chhieng Yanara, Senior Minister in Charge of Special […]
A delegation of Canada-ASEAN Business Council, led by its President Wayne C Farmer, are visiting Cambodia to learn about the investment potential and opportunities in the area of agro and food industries and related supply chain. The delegation was received by Sun Chanthol, the First Vice President of the Council for the Development of Cambodia […]
PHNOM PENH, August 27, 2024 — In a move to promote Cambodian cashew products within the aviation sector, To Pila, Secretary of State at the Ministry of Commerce, and Van Chanty, Director General of Air Transport Policy at the Secretariat of State for Civil Aviation, recently convened to discuss the introduction of processed cashews for […]
Local business conglomerate, the Royal Group of Companies launched the Kingdom’s first private charter jet service during an official ceremony last week, including a maiden jet flight departing from the Phnom Penh International Airport hosting various dignitaries, stakeholders and guests. The private charter jet service will operate under the group’s subsidiary, CamJets Royal Group. During […]
Minister of Mines and Energy Keo Rottanak has unveiled potential industrial development in Pursat province, now dubbed the country’s “battery”, which once known as a remote Khmer Rouge stronghold. Significant foreign investments are now pouring into the area, contributing to economic growth and improving the livelihoods of local residents. Pursat, Cambodia’s fourth-largest province by area, […]
PHNOM PENH, August 27, 2024 — The establishment of the Honorary Consulate of the Republic of Cyprus in Phnom Penh marks a significant step in strengthening diplomatic, cultural, and economic relations between Cyprus and Cambodia. This new consulate is poised to become a hub for bilateral exchanges, offering a gateway to enhanced cooperation and understanding […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) said that the CDC plans to launch an online investment application form to make it easier for investors to apply online. CDC will present this project to Prime Minister Hun Manet as well as the Council of Ministers […]