Phnom Penh, December 19, 2024 – Prince Bank, a leading financial institution in Cambodia, is pleased to announce the appointment of Mr. Honn Sorachna as its new Chairman of the Board and Mr. Looi Kok Soon as Chief Executive Officer, effective Dec 17, 2024. Mr. Honn Sorachna, the new chairman of Prince Bank Plc Mr. […]

Cambodia’s Gross Domestic Product (GDP) growth is projected to marginally improve, reaching 5.5 percent in 2025 and 2026, according to the World Bank’s ‘Cambodia Economic Update: From Recovery to Resilience – Harnessing Tourism and Trade as Drivers of Growth,’ released recently. Even though domestic demand is expected to further improve in the next two years, […]

As Cambodia-South Korea trade grows, Cambodia Angkor Air is launching direct flights to the southwestern Korean county of Muan. The first flights from Phnom Penh will commence on December 29 and from Siem Reap on January 2. “The new connection opens up even more opportunities for travellers and makes it easier than ever before to […]

Phnom Penh, December 13, 2024 — Cambodian Prime Minister Hun Manet expressed pride in the nation’s export achievements as he opened the Cambodian Trade Expo at the PH Green Hall Center in Phnom Penh. Speaking at the ceremony, the Prime Minister celebrated the impressive growth of Cambodian exports, which have been steadily increasing each year. […]

Trade between Cambodia and Vietnam reached $7.08 billion in the January to November period of the year, a rise of 20.6 percent, even as the neighbouring country consolidated its position as the second-biggest export market of the Kingdom, next only to the United States. According to the trade data, released by the General Department of […]

The Ministry of Commerce (MoC) and the Ministry of Trade, Industry and Energy of the Republic of Korea (MOTIE) Saturday jointly organised a business event to strengthen bilateral relations by fostering strategic trade partnerships and enhancing the Kingdom’s investment potential. The ‘Cambodia-Korea Trade and Investment Forum’ was presided over by Cham Nimul, Minister of Commerce, […]

The annual “Angkor Thanksgiving” event demonstrates the national pride, civilisation, culture, and history and contributes to promoting Cambodia’s cultural and tourism potential, through which the tourists can continue to see the testimony of the great achievements of the highly talented Khmer ancestors. First Lady Pich Chanmony Hun Manet made the remarks when she and Men […]

Going by the current trend, Cambodia is poised to receive 6.7 million foreign tourists by the end of this year, surpassing the pre-Covid-19 milestone of 6.6 million. This was disclosed by Tourism Minister Huot Hak at the 11th Sea Festival in Kampot recently. “By the end of 2024, Cambodia expects to receive approximately 6.7 million […]

In the first 11 months of 2024, Cambodia received approximately 6 million international tourists, an increase of 22 percent compared to the same period in 2023. This is according to a report by the Ministry of Tourism. Mr. Huot Hak, Minister of Tourism, said at the 11th Sea Festival in Kampot province on December 13, […]

United States Ranked: The World’s 20 Largest Economies, by GDP (PPP) Published 4 days ago  on December 10, 2024 By Pallavi Rao Graphics/Design:  See this visualization first on the Voronoi app. Use This Visualization Ranked: The World’s 20 Largest Economies, by GDP (PPP) This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts […]

His Excellency Dr.(Kette Sedtha Bandet) Cheam Yeap, First Vice President of the National Assembly, said that the establishment of the Cyprus Honorary Consulate in Phnom Penh will help strengthen friendship and bilateral cooperation. His Excellency Dr.(Kette Sedtha Bandet) Cheam Yeap, First Vice President of the National Assembly, considered the establishment of the Honorary Consulate of the […]

Hem Vanndy, Minister of Industry, Science, Technology & Innovation, met here on Dec. 11 with a delegation from the Chinese Investment in Cambodia Association and 86Links Co., Ltd. The Ministry of Industry, Science, Technology & Innovation (MISTI) pointed out that the meeting focused on enhancing Cambodia’s industrial and technological development through innovative platforms and fostering […]

Cambodia’s economic growth is projected to reach 5.3 percent in 2024, up from five percent in 2023, according to the World Bank’s ‘Cambodia Economic Update: From Recovery to Resilience – Harnessing Tourism and Trade as Drivers of Growth,’ released yesterday. During a discussion on the latest update, Tania Meyer, Country Manager of the World Bank […]

An official report on Thursday said Cambodia made $568 million in revenue from exports of natural rubber latex in the first 11 months of 2024, up 26.7 percent over the same period last year. The kingdom exported 342,010 tonnes of the commodity during the January-November period this year, up 2.34 percent from 334,177 tonnes over […]

Cambodia exported goods worth approximately $23.93 billion during the first eleven months of 2024, up 16.8 percent from $20.49 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Tuesday. From January to November, the Kingdom imported $25.94 billion worth of goods to […]

Trade volume between Cambodia and China soared to nearly $14 billion in the first eleven months of 2024, an increase of 24 percent compared to the same period last year, according to a report from the General Department of Customs and Excise of Cambodia (GDCE) released on Tuesday. GDCE’s trade data showed that bilateral trade […]