Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, the Cambodian Chamber of Commerce, Alibaba, and many national and […]
Cambodia has asked Vietnam to increase their bilateral trade volume to $20 billion shortly. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), made the request while he was accompanied by Tuy Ry, Ambassador of Cambodia to Japan, during a bilateral meeting on May 23 with […]
Cambodia has requested Japanese support for the upgrade of the Sihanoukville Autonomous Port (PAS), as well as a study into the development of a master plan which will guide the port’s development into a regional port and logistics centre by 2050. The request was via Sun Chanthol, first vice-president of the Council for the Development […]
If backpacking across Southeast Asia is there on your ‘Travel Bucket list, then there’s no way you can miss exploring Cambodia! The rustic old world charm amalgamated with the beauty of modernity makes Cambodia one of the top destinations to explore in this new year. No matter whether you are a gap year student looking […]
PHNOM PENH, May 23, 2024 — The National Bank of Cambodia (NBC) has forecasted a healthier economic growth rate and a decline in inflation for Cambodia in 2024, despite global economic challenges stemming from geopolitical tensions and rising interest rates. In its latest report issued on Monday, the central bank projected that Cambodia’s Gross Domestic […]
According to a press release from the ASEAN+3 Macroeconomic Research Office (AMRO) on Thursday, Cambodia’s economy is predicted to grow robustly in 2024, driven by a rise in exports and a continued tourism recovery. “The Cambodian economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025, up from 5 percent […]
Local rice producer Amru Rice (Cambodia) is ramping up exports of its premium and organic rice varieties to the European market, capitalizing on a growing demand for high-quality Cambodian rice. The company, known for its focus on organic and sustainably produced rice, is targetting European consumers with its fragrant premium rice as Cambodia’s rice exports […]
Our intrepid readers have traveled all over the world this last year, sharing their adventures and travel tips as they road trip in Tuscany, hike across Alaskan glaciers or sail away to Pitcairn Island. Now a Sunnyvale couple is reporting back from Cambodia, where they explored one of the most famous landmarks on earth. Read on for details, then find […]
Archaeologists from Cambodia’s national heritage authority (APSARA) have discovered the long-lost missing head of a Deva statue from the Victory Gate of Angkor Thom. The Victory Gate is one of five gates to the city of Angkor Thom, the last capital of the Khmer Empire. Angkor Thom was founded in present-day Cambodia during the late […]
Deputy Minister of Shipping Marina Hadjimanolis this week met with Greece’s Minister of Shipping and Island Policy Christos Stylianides, with the discussion focusing on the competitiveness of European shipping, the shortage of seafarers, the digitalisation of services, and the maritime passenger connection between Cyprus and Greece. Moreover, the two sides agreed on practical cooperation to […]
May 17, 2024, Phnom Penh,— Even with the high level of uncertainty surrounding the global economy, Cambodia’s GDP is expected to expand at a 6.0% annual pace in 2024. As local economic activity continues to stabilize, this development is ascribed to the global economy’s recovery, notably among Cambodia’s trade partners. With a 5% growth rate […]
The Kingdom’s tourism industry got a shot in the arm with the visit of the top official of the China Metro Group who made a courtesy call on Minister of Tourism in Phnom Penh on Tuesday. The main thrust of the meeting was on cooperation in the tourism industry. Sok Soken, Minister of Tourism played […]
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. The nation ranked as the best emerging market worldwide for foreign investment in 2024. Cambodia has taken the number one place in the 2024 index on account of its strong and consistent gross domestic product (GDP) growth, low inflation rate, […]
PHNOM PENH, May 23, 2024 — The National Bank of Cambodia (NBC) has forecasted a healthier economic growth rate and a decline in inflation for Cambodia in 2024, despite global economic challenges stemming from geopolitical tensions and rising interest rates. In its latest report issued on Monday, the central bank projected that Cambodia’s Gross Domestic […]
The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey said here on Monday. Cambodia is a member of the RCEP agreement that engaged with 15 Asia-Pacific countries, and the […]
Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. This was decided during the high-level talks between Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea, recently during the visit of the Cambodian leader to Seoul. Mr Hun Manet […]