A Japanese company has decided to invest more than $1 million in the construction of an additional cashew processing plant in Kampong Thom province to increase exports to foreign markets. Touch BunHour, Secretary of State of the Ministry of Agriculture, Forestry and Fisheries, spoke of the Japanese investment at a ceremony on Wednesday February 28 […]
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries hit $2.74 billion in January, an increase of 21.2 percent year on year, said a Ministry of Commerce report on Thursday. The report said Cambodia’s total trade volume with other RCEP members accounted for 67.6 percent of the Southeast Asian country’s total trade of […]
The state-owned Sihanoukville Autonomous Port (PAS), Cambodia’s largest shipping facility, saw a 6.35 percent rise in container volume in 2023, said its report released on Friday. The seaport handled 797,778 20-foot-equivalent units, or TEUs (standard-sized containers), last year, up 6.35 percent from 750,148 TEUs a year earlier, the report said. It added that containerized cargo […]
The Cambodia-Laos-Vietnam (CLV) Trade, Investment and Tourism Fair, taking place in Laos’ southern Attapeu province from Monday to Friday, got off to a fun start with a colourful concert that portrayed the artistic talents of the three countries. The fair aims to bolster cooperation in trade, investment and tourism in the Development Triangle Area, broaden […]
Wing Bank, WingCommerce, Amru Rice (Cambodia) Co., Ltd, and Cambodia Agricultural Cooperative have formed a strategic collaboration to enhance rice production and promote sustainable agriculture in Cambodia. A Memorandum of Understanding (MoU) on the collaboration was inked during the 4th Sustainable Agriculture Summit in Phnom Penh on Feb. 28. Under the MoU, agricultural cooperative members […]
Emirates airline will restart its daily service to Phnom Penh starting from May 1 via Singapore, boosting the airline’s Southeast Asian connectivity to and from Dubai, and linking two trade and leisure centres in the region. “The resumption of our Phnom Penh services demonstrates our commitment to strengthening our Southeast Asian network, as we continue […]
In-depth Discussion on the Cambodia Malaysia Business Forum 2024 with Malaysian Business Chamber in Cambodia President Oknha Tan Khee Meng Khmer Times: Welcome, Oknha Tan Khee Meng. The recent Cambodia Malaysia Business Forum 2024, held on February 27th in Kuala Lumpur, has garnered significant attention. Having the Cambodian Prime Minister, Samdech Thipadei Hun Manet, preside […]
The Royal Government of Cambodia (RGC) assured the American companies keen on investing in the Kingdom to work closely with the Council for the Development of Cambodia (CDC) through the Qualified Investment Project Registration (QIP Online), an online platform created to enable investors to submit investment proposals. The assurance was given by Sun Chanthol, Deputy […]
During the recent 12th Annual General Assembly of the Cambodian Water Supply Association (CWA), Cambodia’s clean water sector insiders convened in Phnom Penh to celebrate ongoing achievements in Cambodia’s clean water supply sector, along with future prospects for the industry. Presided over by Minister of Industry, Science, Technology & Innovation (MISTI), Hem Vanndy, and Australian […]
Dr Chea Serey, Governor of the National Bank of Cambodia (NBC) met with the US-ASEAN Business Council (US-ABC) on Thursday and exchanged views on the business ventures and investment potential of large US companies. The executives who attended the meeting included representatives from VISA, Mastercard, Ford and many other US companies. The meeting discussed business […]
Cambodian Prime Minister Hun Manet received here at the Peace Palace on February 28, 2024 visiting CEO of Jones Group International (JGI) Jim Jones. In the meeting, Jim Jones told Prime Minister of his visit, the purpose of which is to meet with partners and stakeholders to build better connection between the private sector of […]
Representatives from 17 mega firms from the United States have evinced interest in exploring investment opportunities in the Kingdom. A delegation, led by Brian David McFeeters, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council along with US Ambassador to Cambodia W. Patrick Murphy met Prime Minister Hun Manet at the Peace […]
Prime Minister Hun Manet urged Maybank, Malaysia’s most valuable bank brand, to enhance collaboration with the National Bank of Cambodia (NBC) to establish joint cross-bank payments for the promotion of the Kingdom’s financial sector. The Premier also encouraged the bank to consider the establishment of the halal food industry as well as support the export […]
The Royal Railway of Cambodia (RRC) has unveiled its plan for additional investment to improve the northern railroad line, currently out of service. The company’s representative led by its CEO John Guir presented the business plan in a meeting held on Tuesday with officials of the Ministry of Public Works and Transport. The Royal Railway […]
Siem Reap province will host the Eighth River Festival and the Visit Siem Reap 2024 campaign next weekend, said Sok Soken, Minister of Tourism on Wednesday. The campaign is expected to be presided over by Prime Minister Hun Manet on March 16, the minister added. The announcement was made yesterday by Soken during a meeting […]
The National Bank of Cambodia (NBC) and Bank Negara Malaysia (BNM) – the Malaysian central bank – signed a memorandum of understanding (MoU) to strengthen digital innovation and payment systems. The deal is projected to reach over five million merchants from both countries as they accept QR payments. The exchange of an MoU on Tuesday […]