Cambodia attracts $443 million in new FDI

Cambodia attracts $443 million in new FDI

Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. While giving a lecture for the benefit of Deputy Governors from various provinces and capital, Sar Senera, Deputy Secretary General of the Cambodia Investment Board of the Council […]

Read More
Shanghai firm evinces interest in Kingdom’s infrastructure development

Shanghai firm evinces interest in Kingdom’s infrastructure development

Shanghai Geoharbour Group, a Chinese company specialising in geotechnical engineering solutions, is keen on investing in potential sectors including the special economic zones (SEZs) and infrastructure development across the Kingdom. The details were shared during the meeting between Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia […]

Read More
Peace and resilient economic growth, a prerequisite for Huawei’s decision to invest in Cambodia

Peace and resilient economic growth, a prerequisite for Huawei’s decision to invest in Cambodia

Cambodia’s full peace, macroeconomic stability and fast and resilient economic growth are key prerequisite for Huawei’s decision to invest in the Kingdom in the past 25 years. The remarks were made by visiting Lin Baifeng, President of Huawei Asia Pacific, while paying a courtesy visit to Cambodian Prime Minister Hun Manet at the Peace Palace […]

Read More
New car market shifts to top gear in Cambodia

New car market shifts to top gear in Cambodia

The automotive market in the Kingdom is experiencing a period of significant growth presenting a promising opportunity for manufacturers and distributors of new cars, particularly those offering affordable models. As the country’s economy continues to expand and the middle class grows, there is a growing demand for personal transportation. Ngorn Saing, CEO of RMA Cambodia, […]

Read More
Hun Sen optimistic about stronger ties under Vietnam’s new President

Hun Sen optimistic about stronger ties under Vietnam’s new President

Hun Sen, President of the Senate and leader of the Cambodian People’s Party, expressed his confidence that Vietnam’s newly elected President, Luong Cuong, will further deepen the strong ties between the two nations as “good brothers, good neighbours, and good bilateral partners.” In his congratulatory message, he extended heartfelt congratulations to Cuong on behalf of […]

Read More
DPM Samal outlines key tasks to boost Kep tourism

DPM Samal outlines key tasks to boost Kep tourism

Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction (MLMUPC), Monday called on the Kep Provincial Administration (KPA) to focus on achieving the objectives of Pentagonal Strategy – Phase One’s vision aimed at expanding accessibility to clean water, electricity and tourism infrastructure. Addressing a meeting to summarise the achievements of […]

Read More
Cambodia signs MoUs to boost direct flights from Middle East and Europe

Cambodia signs MoUs to boost direct flights from Middle East and Europe

Cambodia and Middle East countries including Qatar and the United Arab Emirates, as well as Europe, including Turkey have signed memoranda of understanding (MoUs) aimed at promoting direct flights, international passenger and freight traffic. The MoUs were signed separately by Mao Havannall, Minister in Charge of the State Secretariat of Civil Aviation (SSCA) and representative […]

Read More
Thailand, Cambodia discuss measures to promote tourism cooperation

Thailand, Cambodia discuss measures to promote tourism cooperation

Advisers of Thailand’s Ministry of Foreign Affairs Dusit Menapunt and Chayika Wongnapajan on October 21 met with Cambodian Minister of Tourism Huot Hak to discuss measures to facilitate tourism, including border crossing and seamless travel. Bangkok (VNA) – Advisers of Thailand’s Ministry of Foreign Affairs Dusit Menapunt and Chayika Wongnapajan on October 21 met with Cambodian […]

Read More
Cambodian students committed to advancing robotics technology after winning 2nd place at FIRST Global Challenge

Cambodian students committed to advancing robotics technology after winning 2nd place at FIRST Global Challenge

A team of nine Cambodian high school students secured 2nd place at the 2024 FIRST Global Challenge, held in Athens, Greece, from Sept. 26-29, 2024. Competing against teams from over 190 countries, the Cambodian students showcased exceptional robotics skills. At a reception on Oct. 21, 2024, at the Ministry of Industry, Science, Technology & Innovation […]

Read More
Prince Bank named ‘Best Bank for SMEs in Cambodia 2024’ by Euromoney, a recognition of Prince Bank’s commitment to supporting Small and Medium-sized businesses

Prince Bank named ‘Best Bank for SMEs in Cambodia 2024’ by Euromoney, a recognition of Prince Bank’s commitment to supporting Small and Medium-sized businesses

Prince Bank is proud to announce its latest accolade of being named the ‘Best Bank for SMEs in Cambodia 2024’ by Euromoney. This recognition reflects Prince Bank’s dedication to offering innovative financial solutions tailored to the needs of small and medium-sized enterprises (SMEs) in Cambodia, further cementing the bank’s role in supporting local businesses and […]

Read More