Cambodia welcome 2.11 million foreign tourists in the first four months of this year, up 23 percent compared to the same period in 2023, according to a Ministry of Tourism’s report. Thailand topped the list of foreign arrivals to Cambodia during the said period with 588,312 visitors, though the figure represents a year-on-year decrease of […]
Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. The NBC said, the main source of FDI inflows was China; which accounted for 45.6 percent of total FDI inflows to the region. The NBC said the sources for this data were […]
The Finance Ministry is contemplating a return to financial markets in the near future, aiming to capitalise on the Cypriot economy’s positive momentum, which has been further reinforced by successive credit rating upgrades, according to reports. According to sources cited by the Cyprus News Agency (CNA), there are indications that the ministry’s goal is to […]
Cambodia received 2.11 million foreign tourists in the first four months this year, up 23 percent compared to the same period last year, a Ministry of Tourism report showed on Monday. Thailand was the biggest tourism market for the Kingdom during the period with 588,312 visits from the neighbouring country, though it constituted a year-on-year […]
Prime Minister Hun Manet yesterday called for acceleration of modernisation of Phnom Penh city with the latest technologies, modern and smart devices including security cameras, solar panels and automatic irrigation systems in public parks. He told the Phnom Penh Municipal Administration (PPMA) that the capital city must enhance the city’s beauty and attractiveness and aspire […]
Prime Minister Hun Manet said yesterday that the Cambodian economy will grow in 2024 and achieve even higher growth in 2025, with all sectors showing fast recovery. Mr Hun Manet was speaking during the groundbreaking ceremony for the construction of the twin flyovers at Samdech Techo Hun Sen Blvd, on the border between Phnom Penh […]
Cambodia reported more than 2.5 million air travelers during the first five months of 2024, a year-on-year increase of 22 percent, Mao Havannall, minister in charge of the State Secretariat of Civil Aviation, said on Sunday. He said thirty-one international and domestic airlines have operated flights to the kingdom’s three international airports. Havannall added that […]
Senate President Hun Sen recently called for steps to further strengthen economic ties between Cambodia and Malaysia even as he expressed satisfaction with the growth of investment from Malaysia and the bilateral trade volume, especially Malaysia’s purchase of rice from Cambodia. Mr Hun Sen said this when he received a courtesy visit from Shaharuddin Onn, […]
Germany has opened an Honorary Consulate in Siem Reap province to promote cooperation with Cambodia. Ambassador of Germany to Cambodia Stefan Messerer, and Deputy Governor of Siem Reap province Yun Linne, co-presided over the inauguration ceremony of the Honorary German Consulate in Siem Reap City on Monday. Linne said that Siem Reap authorities pledged at […]
In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. Cambodia’s April revenue of 2,090 billion riels ($508 million) came 88 percent from tax, 0.8 percent from […]
Robert Bosch GmbH, a parent company of Bosch Cambodia Co Ltd and a world-leading engineering and technology firm headquartered in Germany, agreed to send a regional envoy to examine the possibilities of opening its factory in the Kingdom. The commitment was made on Thursday during the meeting between Sun Chanthol, Deputy Prime Minister and First […]
Cambodia Angkor Air, the national flag carrier, launched its first direct flight between Phnom Penh and New Delhi yesterday, enhancing connectivity and air transport between the two nations. An event was held on June 16 at the VIP Terminal of Phnom Penh International Airport, under the presidency of Neth Savoeun, Deputy Prime Minister and Chairman […]
To provide a solar irrigation system for the Kingdom’s first regional nursery in Tboung Khmum province, the Ministry of Environment has signed a Memorandum of Understanding (MoU) with Coca-Cola Cambodia that will provide a system that can irrigate over a million seedlings annually, aiming to meet public demand for trees and promote green spaces. Located […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that the strengthening of diplomatic relations between Cyprus and Jordan is helping to significantly lift the island’s tourism sector. In an announcement by the ministry, Koumis emphasised the considerable potential for enhanced collaboration between the two countries’ tourism partners. In the coming days, he explained, a […]
German’ysuvex Academy, which provides qualified education and training on topics related to personal protective equipment and occupational safety, will consider choosing Cambodia as a destination for its investment expansion, said its Director Dr. Claus-JurgenLurz. Dr. Claus-JurgenLurz made the remarks after giving a presentation to a Cambodian delegation composed of representatives of the Council for the […]
Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), has encouraged Bayernhafen Nurnberg of Germany to invest in Cambodia in the transport and logistics sectors. The encouragement was made when Sun Chanthol led a delegation consisting of concerned ministries/institutions, the Cambodian Oknha Association, and Cambodia Chamber […]