Prime Minister Hun Manet yesterday encouraged all ministries and institutions to strive to establish a digital ecosystem – a group of interconnected information technology sources – for business and trade operations aimed at creating a foundation for a better business environment while luring more foreign investment into the Kingdom. Presiding over the official launch of […]
Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. The figures were emphasised by Hun Manet, Prime Minister of the Kingdom of Cambodia while presiding over the launching ceremony of the National Single Window at Sokha […]
The Council for the Development of Cambodia (CDC) on May 7, 2024 issued a press release stating that in April 2024, the CDC approved 22 new projects and production expansion projects with a total investment of over $309 million. According to a press release, in April 2024, the CDC approved 21 new projects and one […]
Phnom Penh, 06 May, 2024: Anticipation grows as the completion of the Kampot International Tourism Port (KITP) draws near, promising to become a pivotal hub for both national and international tourists and a catalyst for economic growth. Located in Teuk Chhou district of Kampot province and spanning an impressive 4.5 hectares, the KITP is slated […]
The Kampot International Tourism Port, built using a loan from the Asian Development Bank (ADB), will commence operations in the third quarter of 2024, serving as a gateway for cruise ships connecting Thailand and Vietnam with Cambodia. The construction of the port was financed by an ADB loan of more than $10 million, given as […]
Lim Lork Piseth, Secretary of State at the Ministry of Commerce, accompanied by Tuy Ry, Ambassador of Cambodia to Japan, recently met with Mr TAKAHASHI Shinichi, Vice Mayor of Sendai City, at Sendai City Hall, Sendai City, Miyagi Prefecture, Japan, to discuss bilateral cooperation between Cambodia and Sendai in the fields of the economy, trade, […]
Trading accounts with the Cambodia Securities Exchange (CSX) have gone up to 51,044 by the end of the first quarter (Q1) this year, an increase of 31.67 percent year-on-year. According to data provided by Hong Sok Hour, CEO of CSX, yesterday, total trading volume during the January to March period, however, declined nearly 37.92 percent […]
A total of 20 entries have been finalised for the first 2024 Cashew Nutrition Competition in the Kingdom. Organised by the Department of Agriculture and Industry of the Ministry of Agriculture, Forestry and Fisheries, the event will be held in two rounds the first on May 9 and 10 in Siem Reap and the second […]
While many travelers may be familiar with Cambodia’s rich cultural history and places to visit, like the temples of Angkor Wat, the country has hundreds of miles of beautiful beaches along the Gulf of Thailand. Aside from almost 300 miles of coastline, this Southeast Asian country also has 60 offshore islands, many of which are holiday […]
After several large companies expanded their business operation including the Toyota Tsusho Manufacturing Corporation (Cambodia) Co Ltd, the Ministry of Commerce (MoC) urged Japanese investors to explore more investment opportunities in the Kingdom. Lork Piseth, Secretary of State of MoC led the delegation to attend the opening ceremony of the ‘8th Cambodia Festival 2024’ from […]
B2B Cambodia’s editorial team has combed through on-site comments to compile a list of the most recommended businesses according to you. To be listed in our Top Businesses in Cambodia series, each business needs to have consistently received positive feedback and maintain a minimum average of 4/5 stars on both Google and Facebook reviews. Cambodia’s growing economy […]
The soon-to-be-built Funan Techo Canal (FTC), a public-private partnership project, will push shipment activities of the state-owned Sihanoukville Autonomous Port (PAS) up to 90 percent, a report by the Council for Development of Cambodia (CDC) showed. Currently, 67 percent of the country’s exported goods go via PAS and 33 percent via the Phnom Penh Autonomous […]
The Council for the Development of Cambodia (CDC) is committed to becoming a high-level consultant institution to all investors by providing them with key information about Cambodia so that they have sufficient and clear basis before deciding to invest in the Kingdom. The commitment was made by Sun Chanthol, Deputy Prime Minister and First Vice […]
Prime Minister Hun Manet has announced two significant developments in the Kingdom’s tyre manufacturing sector. He shared the exciting news as he addressed an April 28 celebration, held to observe the 138th anniversary of International Labour Day, due to be marked on May 1. According to Manet, two new companies are set to join the […]
As Cambodia’s tourism sector is recovering with a significant surge in foreign tourist arrivals, several airlines have expanded their networks and enhanced connectivity to the Kingdom. On May 1, Emirates Airlines will start flying between Dubai and Phnom Penh. The airline said the new route will create more opportunities for travellers to explore diverse and […]
Prime Minister Hun Manet has announced a further strengthening of Cambodia-Japan relations, focusing on modernizing Cambodia’s industrial sector. This declaration was made during the inauguration ceremony of the new $36.8 million Toyota assembly plant in the Royal Group Phnom Penh Special Economic Zone on Thursday morning, May 2. Prime Minister Manet emphasised the ongoing efforts […]