The environment department has given the green light to a €22 million high-rise building set to be constructed along the Limassol coastline. The proposed building, to be developed by by P.G. Economides Properties Ltd, will stand at a height of 87 metres and will comprise a mixed-use office and commercial space. According to the architectural plans, the development will feature a […]
Prime Minister Hun Manet has encouraged AirAsia to collaborate with the government in promoting the development of Cambodia’s tourism industry. While visiting Tony Fernandes, CEO of Capital A Group (AirAsia) at the Peace Palace in Phnom Penh yesterday, Hun Manet congratulated AirAsia on its growth and success in Cambodia and spoke highly of the airline’s […]
Two Chinese companies, one an industrial park management firm and another electric storage battery manufacturer, Wednesday evinced interest in exploring investment opportunities in Cambodia. The companies expressed their keenness to invest during a meeting with Hean Sahib, Advisor to the Prime Minister and Chairman of the Investment Promotion Working Group for Preah Sihanouk at the […]
The Council for the Development of Cambodia (CDC) and two leading firms, RMA (Cambodia) and Minebea (Cambodia), have discussed preparations for a productive 3rd meeting of the Automotive and Electronic Sector Development Council in April. The discussion on Mar. 10 was chaired by H.E. Nut Unvoanra, Deputy Secretary General of the CDC’s Cambodian Investment Board […]
Signalling the high growth momentum, Sok Dara, Director General of the Trust Regulator, yesterday said that the funds invested in trust sector have reached nearly $1.8 billion. Speaking at a seminar on ‘Money Market Trust’ at the Business Development Centre, Dara talked about the concept of ‘Money Market Trust’ saying, “It is a type of […]
Indonesian tourists to Cambodia increased by eleven-fold during the past five years, according to the latest data released by the Indonesian Embassy in Phnom Penh. The number of Indonesian tourists coming to Cambodia has increased drastically in the last five years, the diplomatic mission said on Friday. “In 2024, 166,795 arrivals were recorded, an 11-fold […]
Cambodia is targeting one million tourists from China’s Henan province by 2025 while simultaneously fostering investment opportunities, said the Council for the Development of Cambodia (CDC) news release on Monday. Leading a high-level delegation to Henan, Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), urged […]
Cambodia encourages closer cooperation in trade, tourism investment, and human capital development with Cyprus and other countries. Cambodia’s Acting Head of State, Hun Sen, who also serves as Senate President, underscored the importance of cooperation while receiving the Honorary Consul of Cyprus to Cambodia, Salah Essa, on March 18 in Phnom Penh. During the meeting, […]
The Royal Government of Cambodia (RGC) yesterday organised a meeting to gather input for the draft of the National Strategic Development Plan (NSDP), a five-year roadmap aimed at promoting socio-economic development, sustainable growth, public welfare and resilience against emerging challenges. Presiding over the meeting, Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance […]
The listed-Phnom Penh Autonomous Port (PPAP) reported an increase in its business operations in January this year, reflecting the improving economic conditions of the Cambodian economy. An unaudited revenue report for two months of 2025 filed to the Cambodia Securities Exchange on March 14 showed the port’s revenue increased by more than 28 percent to […]
Sun Chanthol, the Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), encouraged the Chinese side to examine the possibility of expanding the flight destinations of Air Cambodia to promote People to People (P2P) connectivity, especially Business to Business (B2B) connectivity, to attract one million tourists from Henan […]
Keo Rattanak, the Minister of Mines and Energy, received a courtesy call from the Australian Ambassador to Cambodia Derek Yip today. Over the past 70 years, Cambodia and Australia have developed a partnership that has evolved from maintaining peace to promoting economic growth. This partnership has continued to provide even greater opportunities in the future. […]
PHNOM PENH, Cambodia — A genetic study of Asian elephants in northern Cambodia published Thursday reveals a larger and more robust population than previously thought, raising hopes the endangered species could slowly recover. Researchers from the Fauna & Flora conservation group collected samples from elephant dung in Cambodia’s northern plains and extracted DNA. From the […]
Cambodia’s public finance system is progressing in the right direction, said Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance (MEF), terming it as realistic, achievable, and aligned with international standards to ensure efficiency, effectiveness, transparency, and accountability in the Cambodian context. Speaking at the opening session of the ‘2024 Annual Review of the […]
The Digital Economy Forum 2025 focussed on Cambodia’s advancing digital landscape by fostering digital literacy and promoting the importance of digitalization. The forum was organized recently at Oakwood Premier Hotel in the capital by the Digital Economy and Business Committee with the support of the Capacity Building Research and Development Fund of the Ministry of […]
The European Union (EU) Friday granted €15 million, approximately $16.38 million, to modernize Cambodia’s agricultural sector and improve farmers’ access to both domestic and global markets. An agreement to the effect was signed between the European Investment Bank’s (EIB) global division and Cambodia’s Ministry of Economy and Finance (MEF) to support the Agriculture Services Programme […]