The Council for the Development of Cambodia (CDC) approved 10 special economic zone (SEZs) investment projects worth $850 million in 2024, creating approximately 4,000 jobs, said a CDC report on Friday. Chea Vuthy, Secretary General of the Cambodian Investment Board of the CDC, presented the report in the the capital during the launch of the […]
A report released by the Cambodia Securities Exchange (CSX) yesterday has detailed major securities market developments throughout 2024, as well as laying down the exchange’s goals for 2025, which include targets such as significantly increasing daily trading values, expanding new trading accounts and introduction of at least six new listings. CSX’s report, ‘Market Situation in […]
Prince Bank and Forte Insurance officially launched a bancassurance partnership on January 11, 2025, to improve financial accessibility and security for Cambodian consumers. The event, hosted at the Prince Holding Group headquarters, signifies the start of a collaboration dedicated to delivering a wide array of financial services that cater to the dynamic needs of the […]
Cambodia’s international trade significantly increased in 2024, growing by 16 percent to $54.74 billion from $46.82 billion in 2023, a report from the General Department of Customs and Excise of Cambodia showed on Jan. 10. The report said the Kingdom exported $26.19 billion worth of goods to foreign markets, a 15.7 percent increase from the […]
Cambodia attracted 6.7 million foreign visitors in 2024, up 22.9 percent from the previous year, according to a spokesperson for the Ministry of Tourism on Thursday. Hun Dany, who is also the ministry’s secretary of state, said Cambodia’s top five tourism markets last year were Thailand, Vietnam, China, Laos, and the United States. She attributed […]
Cambodia attracted 6.7 million foreign visitors in 2024, up 22.9 percent from the previous year, according to a spokesperson for the Ministry of Tourism on Thursday. Hun Dany, who is also the ministry’s secretary of state, said Cambodia’s top five tourism markets last year were Thailand, Vietnam, China, Laos, and the United States. She attributed […]
Evercore’s Asia business has expressed its interest to boost cooperation with Cambodia in the areas of renewable energy, healthcare and tourism sectors. The interest was revealed by visiting Keith Magnus, Chairman of Evercore’s Asia business while paying a courtesy call to Cambodian Prime Minister Hun Manet at the Peace Palace here yesterday. Evercore’s Asia business […]
The Cambodia Association of Travel Agents (CATA) and two environment-focussed non-governmental organizations (NGOs) – Ocean Recovery Alliance Ltd. (ORA) and NGO2 Bamboo Shoot Foundation – have signed a memorandum of understanding (MoU) to support sustainable ecotourism development in the Kingdom, with a special focus on the Tonle Sap, Cambodia’s largest inland lake. The scope of […]
The high-speed ferries capable of carrying 300 passengers will make the 40-minute voyage twice a day The newly opened Kampot International Tourism Port (KITP) expects to attract half a million Cambodian and international tourists this year, doubling to 1 million next year. The KITP authority, a subsidiary of the AZ Group, on Monday signed a […]
Hun Sen, President of the Senate and the Cambodian People’s Party, commended the leadership of the seventh-mandate Royal Government, led by Cambodian Prime Minister Hun Manet, for their performance over the past 16 months, speaking on Tuesday (Jan. 7) at the 46th Anniversary of January 7 Victory Day. He stated that the leadership has achieved […]
The Ministry of Industry, Science, Technology, and Innovation has launched seven additional digital public services to enhance the convenience, efficiency, and transparency of public service delivery. This move is part of the ministry’s ongoing efforts to modernise its operations and streamline services for citizens and businesses. The newly introduced digital services include four related to […]
The Ministry of Water Resources and Meteorology has issued a notification on weather conditions in Cambodia from 6th of January to 8th of January. High pressure has a strong impact on the northeast monsoon regime covering the South China Sea, Mekong Basin and the Kingdom of Cambodia. Such a situation will cause: From 6 to […]
Phnom Penh, Cambodia, January 6, 2025 — Prince Foundation welcomed 10 Nanyang Technological University (NTU) students from Singapore for a three-week program focused on expanding education access and entrepreneurship mentoring in Cambodia. The students, participating in the NTU PEAK ASEAN Program, conducted field research and developed solutions for two main challenges: improving education access in […]
Cambodia’s tourism push has received another shot in the arm with a leading online travel platform Agoda declaring Phnom Penh the most affordable destination in Asia for New Year celebrations. This comes soon after prestigious travel guide Fodor’s named the Kingdom’s Koh Ker Temple complex in its ‘Twenty-five places to go in 2025’ – the […]
Cambodia reported a 48 percent increase in the number of Chinese tourists to the UNESCO-listed Angkor Archaeological Park in 2024; an official report showed on Saturday. Located in northwest Siem Reap province, the ancient site welcomed 82,675 Chinese visitors last year, up 48 percent from 55,689 the year before, according to the state-owned Angkor Enterprise’s […]
The bilateral trade volume between Cambodia and South Korea reached $762 million by the end of last year, reflecting an 11.49% increase compared to the previous year. Cambodian exports accounted for $288 million of this total, rising by 13.77%, according to the Ministry of Commerce. This growth highlights the strengthening trade ties between the two […]