Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant ministries to examine the possibility of optimising the Investment Project Application (IPA) by reconciling data with the CDC’s new system to improve convenience in attracting investors. Addressing an inter-ministerial meeting to design a new […]

The Ambassador of the Republic of Korea to Cambodia Tuesday commended the Cambodian government for its proactive measures to enhance the investment climate in the country, stressing that more Korean investors are keen to explore opportunities in the Kingdom. Park Jung-Wook made the remarks during a meeting with Prime Minister Hun Manet at the Peace […]

I’m sipping a negroni at a rooftop bar, watching distant neon illuminations come to life as the sun dips over the horizon. Thirty-seven storeys below, honking traffic jams herald another chaotic Friday night as revellers head out on the town, searching for the next good meal or watering hole to wash away the stresses of […]

Cambodia’s exports of garments, footwear and travel goods (GFT) jumped by 17.95 percent in the first seven months of this year, compared to the same period last year, earning the country $7.5 billion, according to the latest trade data of the General Department of Customs and Excise (GDCE). The GFT exports, the biggest export earner […]

Cambodia exported 379,546 tonnes of milled rice in the first seven months of this year, up 4.6 percent from 362,708 tonnes in the same period last year, a report from the Cambodian Rice Federation showed yesterday. The exports earned the country $280 million, up from $253 million recorded in the same period last year, the […]

Cambodia exported a total of 379,546 tonnes of milled rice in the first seven months of 2024, earning a revenue of $280 million, the Cambodia Rice Federation said in a news release on Monday. Some 53 companies shipped milled rice to 64 countries and regions during the January-July period, the news release said, adding that […]

PHNOM PENH: Cambodia will launch in September an e-Arrival card scheme for air passengers arriving in the Southeast Asian country, Prime Minister Hun Manet said on Monday, reported Xinhua. The e-Arrival digital card will replace paper forms for immigration, health and customs declarations. It will be available either at www.arrival.gov.kh or via the Cambodia e-Arrival […]

Cambodia’s economy is enriched by the United States market, the largest export partner representing nearly 40 percent of all exports in 2023, generating over a million jobs in the Kingdom. Disclosing this at Cambodia’s first US trade show themed, ‘US Food & Beverage Showcase’ held in Rosewood Phnom Penh on Thursday, Aleksandra Zittle, Acting Deputy […]

Credit cards in Cambodia have grown 20 percent in 2023, showing that customers have become more savvy in using new financial instruments. The number of credit cards has risen 20 percent to 223,749 in 2023 from 185,360 in 2022. But as a percentage of total credit in the system, credit cards still form a small […]

Continuing with its robust growth, Cambodia’s exported goods worth $14.76 billion to foreign markets in the first seven months of 2024. The figure represented a 14 percent increase compared to the same period last year when exports totalled $12.9 billion, a report from the General Department of Customs and Excise showed on Sunday. The US […]

Cambodia’s aviation sector is experiencing a significant uptick in the first half of 2024 with the country’s three international airports handling a combined 3.03 million air passengers from January to June, up 22 percent from 2.48 million recorded in the same period last year. Figures from the State Secretariat of Civil Aviation (SSCA) showed that […]

Cambodia exported 173,915 tonnes of natural rubber latex in the first seven months of 2024, slightly up by 1.72% from 170,968 tonnes over the same period last year, according to a General Directorate of Rubber’s report on Sunday. The country earned $269 million in revenue from exports of the commodity during the January-July period this […]

PHNOM PENH: A new world survey says that Angkor Wat, the heart of Cambodia, ranks seventh as the place with the most tag posts on TikTok and Instagram. The report, from Titan Travel, states that Cambodia’s icon is the most tagged place in South-East Asia, with only Singapore’s Bay Garden appearing in the top 10. New York’s […]

A workshop on rubber technology was hosted by the government in Kampong Cham Province on Wednesday to impart latex harvesting skills to provincial officials. Titled ‘Transfer of Rubber Technology to Local Officers’, the workshop was held at the Department of Agriculture, Forestry and Fisheries. Organised with support from the World Wildlife Fund (WWF)-Cambodia, the workshop […]

Discussions between the Cambodia Rice Federation (CRF) and NTUC FairPrice Group, one of Singapore’s largest retailers, are underway to establish a long-term rice supply agreement, aiming to significantly increase Cambodia’s rice exports to Singapore. Chan Sokheang, President of the Cambodia Rice Federation, met with Ho Wah Lee, Independent Director of NTUC Fairprice Group of Singapore, […]

The European Chamber of Commerce in Cambodia (EuroCham) recently renewed its commitment to support the efforts of the Royal Government of Cambodia to promote investments from abroad. The message was conveyed when a delegation from EuroCham called on Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia […]