PHNOM PENH – The Asian Development Bank (ADB) has partnered with three Cambodian banks to launch the country’s first Climate Bank Accelerator (CBA) program, a major step toward building a greener financial sector and supporting Cambodia’s transition to a low-carbon economy. On August 18, ADB announced that AMK Microfinance Institution, the Foreign Trade Bank of […]
Wing Bank (Cambodia) Plc is celebrating 17 years of transforming Cambodia’s financial landscape, evolving from the nation’s first mobile money service into a 100 per cent Cambodian-owned commercial bank that now moves tens of billions of dollars annually and serves millions across the country. Launched with the simple promise of making it easy, safe, and […]
Cambodia recorded 53,291 Chinese tourists to its famous Angkor Archaeological Park in the first seven months of 2025, up 21 percent over the same period last year, an official report said on Friday. During the January-July period, China was the fourth most significant source of international tourist arrivals to the UNESCO-listed Angkor after the United […]
The Kingdom and the United Arab Emirates (UAE) have reported a substantial rise in bilateral trade, reaching approximately $47 million in the first half of 2025. This was revealed during the opening ceremony of the second promotional workshop on the benefits of the Cambodia-UAE Comprehensive Economic Partnership Agreement (CEPA) last week. Tekret Kamrong, Secretary of […]
Wing Bank (Cambodia) Plc., a 100% Cambodian-owned digital bank, has partnered with Singapore Airlines to launch Cambodia’s loyalty points-to-miles exchange program—marking a major milestone in customer rewards innovation. The partnership launch event was honored by the presence of H.E. HUOT Hak, Cambodia’s Minister of Tourism, H.E. Dr. Mey Vann, Secretary of State of the Ministry […]
The General Department of Taxation (GDT) Tuesday announced an enhancement to its double taxation agreement (DTA) implementation management system, enabling taxpayers to apply fully online for tax benefits aimed at boosting efficiency, reducing administrative burdens and increasing transparency. The improvement of the ‘DTA Implementation Management System’ was directed by the Ministry of Economy and Finance […]
Cyprus sees 11.5 per cent rise in tourist arrivals during this time Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important economic developments for the Cyprus economy for the latest months up to June 2025, along with comparative data […]
Despite a moderation in economic momentum, Cambodia’s growth prospects for 2025 and 2026 remain steady, supported by resilient performance across key sectors, according to the Ministry of Economy and Finance’s latest outlook. The Macroeconomic Situation and Outlook for 2025 and 2026 report, prepared by the Ministry’s General Department of Policy and released on Wednesday, projects […]
An American company is preparing a $297.6 million investment to develop a special economic zone (SEZ) along the Mekong River, aiming to attract European and US manufacturers while leveraging future transport links to strengthen Cambodia’s role in regional and global trade. Heng Sokkung, Secretary of State of the Ministry of Industry, Science, Technology & Innovation […]
Ministry of Tourism (MoT) and the European Union (EU) Embassy to Cambodia Monday discussed strengthening cooperation on key areas, including eco-tourism to support local communities and promote Cambodia to European travellers. The discussion took place at the Ministry of Tourism, where Minister of Tourism Huot Hak welcomed Igor Driesmans, Ambassador of the European Union to […]
Cambodia’s exports under various trade preference schemes reached an impressive $13.27 billion in the first half of this year, accounting for 88 percent of the country’s total exports of $14.92 billion, a report from the Ministry of Commerce (MoC) showed on Monday. The report highlighted the critical role that trade preferences such as the Generalised […]
The Embassy of the Republic of Singapore in Phnom Penh commemorated Singapore’s 60th National Day on August 9, while underscoring the enduring partnership between its country and Cambodia. The event featured remarks by Singaporean Ambassador Teo Lay Cheng and Foreign Affairs and International Cooperation Minister Prak Sokhonn. In her speech, Ambassador Teo highlighted the deep-rooted […]
Cambodia’s tourism is rebounding post-pandemic, and an increase in direct flights and new international airports is making the Kingdom more accessible. This is opening new doors for new visitors and potentially retirees who enjoy the relatively peaceful and safe environment, the affordable cost of living and the ease of obtaining visas to stay long-term. https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-7981514788931893&output=html&h=280&adk=1539450890&adf=2460720106&w=750&abgtt=6&fwrn=4&fwrnh=100&lmt=1755151273&rafmt=1&format=750×280&url=https%3A%2F%2Fwww.khmertimeskh.com%2F501737470%2Fguide-to-retiring-in-cambodia-in-2025%2F&fwr=0&rpe=1&resp_fmts=3&wgl=1&uach=WyJXaW5kb3dzIiwiMTkuMC4wIiwieDg2IiwiIiwiMTM5LjAuMzQwNS44NiIsbnVsbCwwLG51bGwsIjY0IixbWyJOb3Q7QT1CcmFuZCIsIjk5LjAuMC4wIl0sWyJNaWNyb3NvZnQgRWRnZSIsIjEzOS4wLjM0MDUuODYiXSxbIkNocm9taXVtIiwiMTM5LjAuNzI1OC42NyJdXSwwXQ..&dt=1755152347804&bpp=1&bdt=485&idt=52&shv=r20250813&mjsv=m202508070101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D67e34bb3c3602a99%3AT%3D1748239820%3ART%3D1755151849%3AS%3DALNI_MZ9WnYJRvq0wQnr0ABvgb3yZ2dV8A&gpic=UID%3D000010e82a43ea78%3AT%3D1748239820%3ART%3D1755151849%3AS%3DALNI_Mb_jT4JgIj9bmfHlQDXDXo08Q6xUw&eo_id_str=ID%3D8acbd9ed3bbf4ae5%3AT%3D1748239820%3ART%3D1755151849%3AS%3DAA-AfjajqdsfBH648tM7O872ou0M&prev_fmts=0x0&nras=1&correlator=3184490474736&frm=20&pv=1&u_tz=420&u_his=1&u_h=960&u_w=1536&u_ah=912&u_aw=1536&u_cd=24&u_sd=1.25&dmc=8&adx=186&ady=1180&biw=1513&bih=834&scr_x=0&scr_y=0&eid=95360549%2C31093926%2C31093928%2C31093933%2C31093939%2C31093974%2C31093983%2C95362656%2C95367635%2C95369083%2C95368522%2C95359266&oid=2&pvsid=3950200896820525&tmod=381716445&uas=0&nvt=1&ref=https%3A%2F%2Fwww.linkedin.com%2F&fc=1920&brdim=0%2C0%2C0%2C0%2C1536%2C0%2C1536%2C912%2C1528%2C834&vis=1&rsz=%7C%7CeEbr%7C&abl=CS&pfx=0&fu=128&bc=31&bz=1.01&td=1&tdf=2&psd=W251bGwsbnVsbCxudWxsLDNd&nt=1&pgls=CAEQARoFNC44LjU.~CAEaBTYuOC4y~CAA.&ifi=2&uci=a!2&btvi=1&fsb=1&dtd=58 […]
Two leading South Korean companies, N.H.O and Atomy Global Group, have officially begun construction on DreamVille Siem Reap, the city’s first integrated lifestyle township. The groundbreaking and symbolic tree-planting ceremony marked the start of a project designed to create “a place where families can grow, belong and thrive together”. Spanning 35.4 hectares, DreamVille will feature […]
Synopsis: Senior Minister Ly Thuch tells investors to consider expanding their ventures in Cambodia, supporting China’s ‘Belt and Road Initiative’ as well as the ‘Cambodia-China Diamond Cooperation’. Ly Thuch, Senior Minister and Chairman of the Economic and Social Commission for Asia and Pacific (ESCAP), urged Chinese investors to explore investment opportunities in Cambodia. Speaking at […]
Synopsis: With its favourable climate, expanding cultivation areas, and growing interest from international buyers, Cambodia is positioning itself as a principal player in the global supply chain of cashew nuts. The Kingdom is a rising star in the global cashew nut industry, with demand for Cambodian cashews increasing from across the world, Foodbodia, an online […]