Revenue from Cambodia-based furniture production and trade has the potential to increase tenfold by 2033, expected to reach a total market value of $1.484 billion, according to a new ‘Research and Markets’ report published on Yahoo Finance this month. The report, entitled the ‘Cambodia Furniture Industry Research Report, 2013-2022 & 2023-2033’, surveys past and present […]
The Council for the Development of Cambodia (CDC) in collaboration with the National Development and Reform Commission of China (NDRC) discussed ways to establish the Industrial and Technological Corridor (ITC) to ensure a positive impact on the Kingdom’s socio-economic development. Suon Sophal, Deputy Secretary General of the Cambodian Investment Board of CDC on Wednesday organised […]
Cambodia exported 69,322 tons of dry rubber in the first quarter of 2024, an increase of 5.1 percent from 65,921 tons in the same period 2023, said a General Directorate of Rubber report on Thursday. The country made $100.5 million in revenue from exports of the commodity during the January-March period this year, up 8 […]
Cambodia exported $543 million worth of raw cashew nuts in the first quarter of this year, a year-on-year increase of 13 percent, according to a report from the Cashew Nut Association of Cambodia. The source said the Kingdom exported 424,000 tonnes of its total production of 474,000 tonnes to Vietnam. The association’s president, Uon Silot, […]
Vietnamese conglomerate, the Truong Hai Group Corporation, better known as the THACO group of companies, has unveiled plans to expand its agricultural business within Cambodia before the end of this year. According to a press release from the firm circulated in Vietnamese media, the Cambodian expansion will include two fruit and livestock production farms and […]
On the heels of its managing director being invited by the United Nations in New York, a Siem Reap hotel has notched another high-flying accolade. TripAdvisor, the go-to name for online travel has ranked Jaya House River Park at No 18 in its list of the world’s leading hotels. TripAdvisor describes Jaya House River Park […]
Cambodia attracted 1.58 million international tourists in the first quarter (Q1) of 2024, up 22.5 percent from 1.29 million during the same period in 2023, said a Ministry of Tourism report released yesterday. Thailand was the biggest tourism market for the Kingdom during the period with 449,781 visits from the neighbouring country, though it constituted […]
The number of Chinese tourists to Cambodia rose 43 percent year-on-year in the first quarter (Q1) of 2024, said the Cambodian Ministry of Tourism’s report released on Wednesday. Almost 190,000 Chinese holidaymakers traveled to the Southeast Asian country during the January-March period this year, up 43 percent from 132,665 over the same period last year, […]
Recognising the vital role of official development assistance (ODA), the Council for the Development of Cambodia (CDC) organised a consultative discussion to finalise the draft guideline for partnership mechanisms and tools to strengthen relationships with development actors that will contribute significantly to socio-economic development. Rith Vuthy, Secretary-General of the Cambodian Development and Cooperation Board (CDCB) […]
PHNOM PENH, April 24, 2024 — Nestled on the banks near Siem Reap and Battambang’s Ek Phnom district, Prek Toal village within the Tonle Sap Lake area continues to attract both domestic and international tourists, eager to experience its unique ecotourism offerings. Despite geographical challenges, the destination remains a vibrant hub for those interested in […]
Indonesia is keen on expanding trade cooperation with Cambodia to agricultural products other than rice. Rice has already helped Indonesia to become the number six trading partner for Cambodia. Digital and green energy are the two new areas in which Indonesia is keen to cooperate with Cambodia, said Indonesian Ambassador to Cambodia Santo Darmosumarto at […]
In an effort to build a Cambodia-China Community (CCC) – enriched by the diamond hexagon cooperation – the two countries agreed to expedite the formulation of a master plan for the ‘Industrial and Technological Corridor’ (ITC) and ‘Fish and Rice Corridor’ (FRC) to promote imports of the Kingdom agriculture products to the People’s Republic of […]
A privately-owned cardboard manufacturing facility has been given the green light for its upcoming investment plans by the Preah Sihanouk Provincial Sub-Committee on Investment, said Kouch Chamroeun, Governor of Sihanoukville Province recently. The company, Cooper Packing (Cambodia) Co., Ltd., intends to construct the factory in O’Chamnar Village, O’Oknha Heng commune, in Sihanoukville province’s Prey Nob […]
The Ministry of Tourism (MoT) and Henan Provincial Administration signed an agreement on Monday to strengthen people-to-people connectivity between the two nations to boost tourist flow with Henan province, which is home to many heritage sites including the ruins of Shang dynasty city and the Shaolin Temple. Sok Soken, Minister of Tourism, held a meeting […]
AirAsia Cambodia’s inaugural flight graced the skies of Phnom Penh International Airport on April 20, bringing with it the promise of enhanced connectivity and a tourism boost for Cambodia. As noted by Prime Minister Hun Manet in a recent social media post, the aircraft, adorned with the iconic image of Angkor Wat and traditional Cambodian […]
PHNOM PENH, April 22, 2024 — In a boost to the healthcare sector, the Cambodian government has pledged to invest more than $170 million in strengthening the capacity of health centers throughout the nation. Prime Minister Hun Manet announced the substantial financial commitment during the inauguration of the new Japan-funded Centre of Surgical Service at […]