DPM Sun Chanthol: US’s 19% tariff rate allows Cambodia to compete with neighboring and regional countries, maintain factories, and attract additional investment

DPM Sun Chanthol: US’s 19% tariff rate allows Cambodia to compete with neighboring and regional countries, maintain factories, and attract additional investment

Deputy Prime Minister Sun Chanthol, First Vice Chairman of the Council for the Development of Cambodia and head of the working group for tariff negotiations with the United States, stated that setting the tariff rate on Cambodian goods exported to the United States to 19 percent will enable Cambodia to compete with neighboring countries and […]

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Singaporean firms eye investment in Cambodia’s innovation and industrial sectors

Singaporean firms eye investment in Cambodia’s innovation and industrial sectors

A business delegation comprising 16 Singaporean companies has expressed strong interest in expanding investment in Cambodia, with a focus on the Kingdom’s growing industrial, technological, and innovation sectors. The delegation met with Hem Vanndy, Minister of Industry, Science, Technology and Innovation (MISTI), to explore new investment opportunities across a range of sectors, including life sciences, […]

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CASF and CGCC ink MoU to strengthen capital market

CASF and CGCC ink MoU to strengthen capital market

Synopsis: The partnership will help mobilise capital and promote financial instruments that support long-term economic growth. The Cambodia Association of Securities Firms (CASF) and the Credit Guarantee Corporation of Cambodia (CGCC) signed a memorandum of understanding (MoU) to deepen cooperation in the securities market, boost investor confidence and expand access to sustainable financing to support […]

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Cyprus unlocks €100 million from EIB to fund road and transport projects

Cyprus unlocks €100 million from EIB to fund road and transport projects

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across the island.  The agreement was signed on Thursday at the Finance Ministry by Finance Minister Makis Keravnos and EIB vice president Kyriakos Kakouris. It […]

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Prince Bank Expresses Full Support for National Bank of Cambodia’s Relief Measures for Soldiers and Conflict-Affected Civilians

Prince Bank Expresses Full Support for National Bank of Cambodia’s Relief Measures for Soldiers and Conflict-Affected Civilians

Prince Bank Plc. stands in full support of the recent measures announced by the National Bank of Cambodia (NBC), following the call by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, to assist those affected by the ongoing Cambodia-Thailand border conflict. In alignment with the spirit of national solidarity and […]

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Cambodia’s Banking Sector Remains a Key Economic Driver as MB Bank (Cambodia) Plc. Launches Promotion: Free Money Transfers to Vietnam 

Cambodia’s Banking Sector Remains a Key Economic Driver as MB Bank (Cambodia) Plc. Launches Promotion: Free Money Transfers to Vietnam 

MB Bank (Cambodia) Plc. (“MB Cambodia”) is pleased to bring greater benefits to its customers through a special promotion offering free overseas remittances to Vietnam, available from today until 31 December, 2025. This initiative reflects MB Cambodia’s commitment to providing secure, convenient and affordable financial services for customers, while also contributing to economic growth and […]

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Cambodia and Thailand agree to immediate ceasefire following special meeting in Malaysia

Cambodia and Thailand agree to immediate ceasefire following special meeting in Malaysia

Cambodia and Thailand have agreed to an immediate and unconditional ceasefire following a high-level special meeting hosted and chaired by Malaysian Prime Minister Dato’ Seri Anwar Ibrahim in Putrajaya, with the support and participation of key international stakeholders, including the United States and China. In a joint press release issued this evening, the governments of […]

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CDC engages AL Mansour Asia on Cambodia’s investment landscape

CDC engages AL Mansour Asia on Cambodia’s investment landscape

The Council for the Development of Cambodia (CDC) yesterday hosted a delegation from AL Mansour Asia for a comprehensive discussion on the Kingdom’s current investment climate, with a specific focus on identifying prospective opportunities across key sectors, including agriculture, industry, infrastructure, and logistics. The meeting at the CDC headquarters saw Sun Chanthol, Deputy Prime Minister […]

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Germany sees modest business growth in July

Germany sees modest business growth in July

German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity stabilised, a survey showed this week. The HCOB German flash composite Purchasing Managers’ Index, compiled by S&P Global, fell to 50.3 points in July, down […]

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Kingdom, Laos to enhance cross-border tourism

Kingdom, Laos to enhance cross-border tourism

Synopsis: Both sides discuss ways to strengthen and expand cooperation under the 2022 Memorandum of Understanding on Tourism Cooperation. Cambodia and Laos are committed to boosting national and international tourism to drive economic growth, improve livelihoods, and strengthen the traditional bonds of solidarity and friendship between their peoples. During a meeting between Tourism Minister Huot […]

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