Synopsis: The new 19 percent import duty allows Cambodian products to compete fairly with regional countries, and attract more foreign direct investment, helping the Kingdom advance its economic growth ambitions, says Sun Chanthol, Deputy Prime Minister. With the new 19 percent import duty on Cambodian products entering the US market, the Royal Government expects to […]
Synopsis: The new routes will forge new economic bonds among Cambodia, China, and Japan, greatly facilitating travel for Cambodian and Japanese tourists. Air Cambodia (K6), the national flag carrier, will launch new routes between Cambodia and Japan starting from October this year, facilitating travel for Cambodian and Japanese tourists. The new route between Phnom Penh […]
Mr. Sin Chansereyvutha, Secretary of State and Spokesperson for Civil Aviation, announced details of the B737-8 MAX (Boeing 737-800 MAX) aircraft that Cambodia plans to purchase from the United States in 10 units, each of which costs between 90-120 million US dollars, depending on the type and options of each aircraft. Mr. Sin stated that […]
Synopsis: The safety and well-being of all tourists is, and will always be, the nation’s highest priority, says Ministry of Tourism. The Ministry of Tourism Friday has issued an announcement, reassuring the public and international community that the country remains a “safe and friendly welcoming destination” for tourists. The announcement comes in the wake of […]
Deputy Prime Minister Sun Chanthol, First Vice Chairman of the Council for the Development of Cambodia and head of the working group for tariff negotiations with the United States, stated that setting the tariff rate on Cambodian goods exported to the United States to 19 percent will enable Cambodia to compete with neighboring countries and […]
A business delegation comprising 16 Singaporean companies has expressed strong interest in expanding investment in Cambodia, with a focus on the Kingdom’s growing industrial, technological, and innovation sectors. The delegation met with Hem Vanndy, Minister of Industry, Science, Technology and Innovation (MISTI), to explore new investment opportunities across a range of sectors, including life sciences, […]
Synopsis: The partnership will help mobilise capital and promote financial instruments that support long-term economic growth. The Cambodia Association of Securities Firms (CASF) and the Credit Guarantee Corporation of Cambodia (CGCC) signed a memorandum of understanding (MoU) to deepen cooperation in the securities market, boost investor confidence and expand access to sustainable financing to support […]
Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across the island. The agreement was signed on Thursday at the Finance Ministry by Finance Minister Makis Keravnos and EIB vice president Kyriakos Kakouris. It […]
Prince Bank Plc. stands in full support of the recent measures announced by the National Bank of Cambodia (NBC), following the call by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, to assist those affected by the ongoing Cambodia-Thailand border conflict. In alignment with the spirit of national solidarity and […]
MB Bank (Cambodia) Plc. (“MB Cambodia”) is pleased to bring greater benefits to its customers through a special promotion offering free overseas remittances to Vietnam, available from today until 31 December, 2025. This initiative reflects MB Cambodia’s commitment to providing secure, convenient and affordable financial services for customers, while also contributing to economic growth and […]
Cambodia and Thailand have agreed to an immediate and unconditional ceasefire following a high-level special meeting hosted and chaired by Malaysian Prime Minister Dato’ Seri Anwar Ibrahim in Putrajaya, with the support and participation of key international stakeholders, including the United States and China. In a joint press release issued this evening, the governments of […]
The Council for the Development of Cambodia (CDC) yesterday hosted a delegation from AL Mansour Asia for a comprehensive discussion on the Kingdom’s current investment climate, with a specific focus on identifying prospective opportunities across key sectors, including agriculture, industry, infrastructure, and logistics. The meeting at the CDC headquarters saw Sun Chanthol, Deputy Prime Minister […]
1/6 Cambodia’s Angkor Wat, a UNESCO Heritage Site, described in 5 mesmering pictures Angkor Wat is one of the most stunning ancient temples in the world. The place, steeped in history, is a symbol of Cambodia and more than just a historic site. It is a journey through centuries of spirituality, belief, faith, and also […]
German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity stabilised, a survey showed this week. The HCOB German flash composite Purchasing Managers’ Index, compiled by S&P Global, fell to 50.3 points in July, down […]
Synopsis: CIMB’s digital push is part of a broader strategy to serve its customers more efficiently, reduce barriers to access, and strengthen its long-term position in the Cambodian market. CIMB Bank PLC (Cambodia) is accelerating its digital investment strategy to support the growth of small and medium-sized enterprises (SMEs), leveraging its regional network and technological […]
Synopsis: Both sides discuss ways to strengthen and expand cooperation under the 2022 Memorandum of Understanding on Tourism Cooperation. Cambodia and Laos are committed to boosting national and international tourism to drive economic growth, improve livelihoods, and strengthen the traditional bonds of solidarity and friendship between their peoples. During a meeting between Tourism Minister Huot […]