From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. The figures show an increase of 168 projects and about $4.67 […]
The Council for the Development of Cambodia (CDC) strengthened ties with the Korea International Cooperation Agency (KOICA), one of the international development partners of the country, and recently discussed with it the development cooperation for 2025 and 2026. The discussions over lunch on Tuesday were led by Chhieng Yanara, Senior Minister in Charge of Special […]
A delegation of Canada-ASEAN Business Council, led by its President Wayne C Farmer, are visiting Cambodia to learn about the investment potential and opportunities in the area of agro and food industries and related supply chain. The delegation was received by Sun Chanthol, the First Vice President of the Council for the Development of Cambodia […]
PHNOM PENH, August 27, 2024 — In a move to promote Cambodian cashew products within the aviation sector, To Pila, Secretary of State at the Ministry of Commerce, and Van Chanty, Director General of Air Transport Policy at the Secretariat of State for Civil Aviation, recently convened to discuss the introduction of processed cashews for […]
Local business conglomerate, the Royal Group of Companies launched the Kingdom’s first private charter jet service during an official ceremony last week, including a maiden jet flight departing from the Phnom Penh International Airport hosting various dignitaries, stakeholders and guests. The private charter jet service will operate under the group’s subsidiary, CamJets Royal Group. During […]
Minister of Mines and Energy Keo Rottanak has unveiled potential industrial development in Pursat province, now dubbed the country’s “battery”, which once known as a remote Khmer Rouge stronghold. Significant foreign investments are now pouring into the area, contributing to economic growth and improving the livelihoods of local residents. Pursat, Cambodia’s fourth-largest province by area, […]
PHNOM PENH, August 27, 2024 — The establishment of the Honorary Consulate of the Republic of Cyprus in Phnom Penh marks a significant step in strengthening diplomatic, cultural, and economic relations between Cyprus and Cambodia. This new consulate is poised to become a hub for bilateral exchanges, offering a gateway to enhanced cooperation and understanding […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) said that the CDC plans to launch an online investment application form to make it easier for investors to apply online. CDC will present this project to Prime Minister Hun Manet as well as the Council of Ministers […]
Minister of Industry, Science, Technology, and Innovation Hem Vanndy presided over the official launch on Friday of RMA Cambodia’s latest electric vehicle (EV) models, the Chang An Deepal LO7 and SO7, a step forward in Cambodia’s EV journey and technological innovation. According to the Ministry of Industry, Science, Technology and Innovation (MISTI), in his opening […]
A Tokyo-based startup has opened in Cambodia a Japanese-style kindergarten amid a shortage of teachers in the country. Wonderfy Inc, known for its cognitive development apps for young children with over three million users in more than 150 countries, launched the school in Phnom Penh and plans to later expand operations nationwide. In a ceremony […]
A total of 391 investment projects with a combined capital of about $7.6 billion were endorsed by the Council for the Development of Cambodia (CDC) between September 2023 and July 2024. The figures were shared by Prime Minister Hun Manet in his special statement on the “One-Year Achievements of the Royal Government of the 7th […]
The Kingdom’s rice export target of 1 million tonne by 2025 appears viable. While the achievement will bolster the confidence of current production systems down the line, it will also become a potent factor in Cambodia attaining a high-middle-income country status by 2030 and a high-income one by 2050. The growing clout of Cambodian rice […]
Cambodia’s prime minister has led a celebration of the return of dozens of precious centuries-old artifacts from museums and private collectors abroad Cambodia’s prime minister on Thursday led a celebration of the return of dozens of precious artifacts from museums and private collectors abroad, and said his government will continue working to bring more home. […]
More than 3.74 million international visitors were registered in Cambodia in the first seven months of this year, up 23.2 percent compared to the same period of 2023, a Ministry of Tourism’s report showed on Thursday. Thailand topped the list of foreign arrivals to Cambodia during the said period with 1,147,534 visitors, the source added, […]
Cambodia and Thailand are working to push the bilateral trade to reach the target set by 2025, said a senior official of Thailand’s Ministry of Commerce. Under the Joint Commission for Bilateral Cooperation between Cambodia and Thailand, both countries agreed to further promote trade and investment and to review the implemention of remaining tasks mandated […]
The Governor of Kampot province Mao Thonin, presided over the installation ceremony on Thursday for a Khmer-style 35-metre-tall clock with a 9.7-metre-diameter face to attract more national and international tourists to visit Kampot. The ceremony was held at Ta Ang village, Troeuy Koh commune, Kampot city, Kampot province. Under the leadership of Thonin, the provincial […]