SCB EIC pegs 6 percent FDI growth for Cambodia

SCB EIC pegs 6 percent FDI growth for Cambodia

The latest SCB EIC report expects ASEAN CLMV nations, including Cambodia, to witness accelerated economic growth in 2024 due to increasing foreign direct investment compared to prior years. The SCB EIC is the Economic Intelligence Center (EIC) unit of the Siam Commercial Bank Public Company Limited (SCB), headquartered in Bangkok, Thailand. The EIC produces regular […]

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Japan-Cambodia Association to help attract investors, Sour says

Japan-Cambodia Association to help attract investors, Sour says

The Japan-Cambodia Association office, officially inaugurated on Monday in Phnom Penh, will play an important role in attracting more Japanese businessmen and investors to Cambodia, said Heng Sour, Minister of Labor, Vocational Training (MLVT). Presiding over the official inauguration ceremony of the Japan-Cambodia Association Office, Sour said the establishment of the Japan-Cambodia Association Office in […]

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Ministry of Tourism to strengthen the quality of tourism business to celebrate Khmer New Year

Ministry of Tourism to strengthen the quality of tourism business to celebrate Khmer New Year

In order to contribute to the promotion of Cambodia’s prestige and resilience by turning Cambodia into a leading global tourism destination with diversity, full of opportunities, and warmth, and to celebrate the traditional Khmer New Year from April 13–16, 2024, the Ministry of Tourism instructed the Capital and Provincial Departments of Tourism to continue to […]

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Investors urged to support Kingdom’s energy goals

Investors urged to support Kingdom’s energy goals

Cambodia yesterday welcomed strategic partnerships and investments from across the region to achieve its targets of 70 percent installed renewable energy capacity and a 19 percent decrease in Total Final Energy Consumption (TFEC). While encouraging regional investors at the Cambodia-ASEAN Business Summit 2024 to join the clean energy initiatives of the Kingdom, Keo Rottanak, Cambodia’s […]

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World Bank Highlights Cambodia and Philippines as ASEAN’s Top Economic Performers in 2024

World Bank Highlights Cambodia and Philippines as ASEAN’s Top Economic Performers in 2024

Phnom Penh, April 1, 2024 – In a remarkable display of recovery and growth, Cambodia’s iconic Angkor Archaeological Park has recorded a substantial increase in foreign tourist arrivals in the first quarter of this year. According to the latest report by Angkor Enterprise, the park saw 385,769 international visitors, marking a year-on-year increase of 47 […]

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