As the Khmer New Year holiday approaches this weekend, officials and key insiders have placed high hopes that people travelling during the holiday will contribute to developing the tourism sector in the top destinations nationwide. Main tourism destinations from the cultural landscape in Siem Reap province to coastal provinces sit in the country’s southwestern part, […]

Cambodia’s economy is forecast to grow at 5.8 percent in 2024 and 6.0 percent in 2025, fueled by a further rebound in tourism and strong manufacturing prospects, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report released on April 11. “Despite global economic challenges, Cambodia’s economy performed well in 2023,” […]

Drawing parallels to Singapore’s iconic Merlion, the half-man half-lion sculpture that has become synonymous with the city-state, the newly unveiled statue of a seahorse has shot to national prominence. The hitherto unheralded small town of Kampot now boasts of a tourist attraction as emblematic as the Merlion. The statue standing at a height of 8 […]

Manhattan Special Economic Zone, the largest Chinese economic site in Cambodia and Surbana Jurong Group (SJ Group), a Singaporean SEZ development institution have jointly unveiled a master plan to expand business operations in priority sectors like agriculture, green energy, transportation and logistics. Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council of the […]

Showing signs of a clear recovery, Cambodia’s exports reached $6.26 billion in the first quarter (Q1) of the year, a surge of 18 percent compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. Cambodia’s imports too went up, reaching $6.23 billion […]

Phnom Penh, April 10, 2024: The coastal province of Kampot has unveiled a new attraction that is captivating tourists: a giant seahorse statue situated along its popular riverbank. This remarkable statue, which gracefully spouts water from its mouth into the scenic Kampong Bay stream, was introduced just in time for the New Year festivities. During […]

Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both the consumers and the environment. Presiding over the ‘RMA Cambodia […]

Kampot province is even more attractive to tourists after the statue of the “sea horse” spraying water in the garden in front of the old provincial hall was completed. This 8-metre-tall sea horse statue has water spraying from its mouth and is decorated with coloured lights. Many national and international tourists visit and take souvenir […]

Cambodia’s economic growth is forecast to strengthen in 2024 with continued moderating inflation, said an ASEAN+3 Macroeconomic Research Office (AMRO)’s regional economic outlook released on Monday. The report said Cambodia’s economy is expected to grow at 6.2 percent this year, up from 5.3 percent last year. It added that inflation is projected to accelerate to […]

CHN Energy Investment Group Co. LTD, a state-owned mining and energy company in China, has proposed energy investment focusing on renewable power sources – solar PV and hydropower dams. In a meeting held on Monday between representatives of CHN Energy and Suon Sophal, Deputy Secretary General of Cambodian Investment Board at the Council for the […]

The Kingdom of Cambodia ranked first in ASEAN and third among the 20 fastest growing economies in Asia with a growth rate of 6.1% in 2024. According to Pen Bona, spokesperson of the Royal Government of Cambodia, the ranking of economic growth published by the Indonesian statistics firm SeasiaStats is based on the forecasts of […]

Many resorts in Kampong Cham province are ready to welcome national and international tourists on the occasion of Khmer New Year with colourful decorations, strengthen security, and order to provide safety to create fun and attract more tourists to visit than in previous years. Sean Sokun, Director of Kampong Cham Provincial Department of Tourism, said […]

The construction sector achieved remarkable growth last year with constructed area and investment showing a positive growth. The Ministry of Land Management, Urban Planning and Construction issued construction permits to 3,207 projects in 2023, a year-on-year decrease of 25 percent or 1,068 projects down from 4,275 projects approved in 2022, according to a Socio-Development Trend […]

Hong Kong-based Sunwah Group, along with a group of leading investors, have evinced interest to invest in a range of areas including financial technology to smart city development and property and energy to tourism in Cambodia. Sunwah Group Chairman Jonathan K.S. Choi made these remarks during a meeting with Prime Minister Hun Manet on Monday […]

Yianna Christou explains how beverage companies are embracing ESG. This shift in consumer priorities means that brands actively engaging in ESG initiatives can build, trust, credibility and emotional connection strengthening their consumer base. Integrating Environmental, Social, and Governance (ESG) principles into marketing strategies is crucial for the beverage industry’s future,” says Yianna Christou, a marketing […]

Cambodia leads the growth projection in Southeast Asia in 2024, according to Seasia Stats based on Southeast Asia’s 2024 GDP growth projection from the IMF’s October 2023 Outlook and January 2024 update. “Cambodia tops the list with 6.1 percent, while the Philippines ranks second with 5.9 percent and Vietnam third with 5.8 percent.” For Asia, […]