PHNOM PENH: The Investment Promotion Working Group has approved special incentives for another 30 investment and business projects in Sihanoukville, totaling worth $590 million. The approved projects span a variety of industries, including metallurgy, processing, packaging, leather, retail, hospitality, and more. Since the launch of the “Special Program to Promote Investment in Sihanoukville 2024,” the […]
Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, yesterday had a meeting with Michael Goltzman, Senior Vice President, Global Policy and Sustainability of the Coca-Cola Company, at the Permanent Mission of Cambodia in New York. The Deputy Prime Minister thanked Coca Cola for trusting the nation for helping realise […]
Cambodia welcomed 4.29 million international visitors in the first eight months of 2024, marking a 22.5 % increase from 3.5 million recorded during the same period last year, according to a report by the Ministry of Tourism’s report released on Friday. Thailand led the list of top tourist arrivals, with 13.4 million Thais travelling to […]
To help the Royal Government of Cambodia (RGC) keep up with the development of the global context, Karen Bass, Mayor of Los Angeles (LA) is keen on visiting the Kingdom to examine the social realities and economic environment which contribute to strengthening ties between Cambodia and the United States. The mayor’s keenness to visit the […]
To take the Angkor experience to a next level, the Apsara National Authority (ANA) signed a pact with Immersive Angkor in Siem Reap on Thursday that will bring the history of Angkor to life. The Memorandum of Understanding (MoU) for cultural heritage immersive experience will bring the latest in technology for creating a unique cultural […]
Cambodia exported a staggering $527 million worth of car tyres, up 173 percent compared to the $193 million recorded during the same period last year, the General Department of Customs and Excise report showed. The growth is attributed to the increasing presence of car tyre factories in Cambodia and reflects the diversification of exports to […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. According to the Asian Development Outlook (ADO) September 2024, ADB revised the […]
Honda Motor Co. Ltd., the Japanese automobile giant, has recently confirmed the company’s intentions to expand manufacturing investments in the Kingdom in upcoming periods, following 25 years of successful operations in the country thus far via its local subsidiary N.C.X. Co., Ltd. The decision was conveyed during a meeting between the company’s high-level representatives led […]
‘The EU is committed to its partnership with Cambodia to promote the green and digital transitions and to accompany the Kingdom in its upcoming graduation from Least Developed Country status’ Cambodia’s export to the European Union (EU) continues to surge with export value to the bloc recording $2.9 billion in the first eight months of […]
Deputy Prime Minister Sun Chanthol, who is currently visiting the US heading a Cambodian delegation comprising officials and members of the private sector, has urged leading cloth-makers Levi Strauss & Co to explore the possibility of investment to expand its production scope in Cambodia. Levi Strauss & Co, well-known for their Levi’s jeans and jackets […]
The State Secretariat of Civil Aviation (SSCA) Tuesday said that five or six new airlines will establish direct connections to Cambodia’s international airports, citing the country’s growing popularity as a tourist destination and a business hub. SSCA’s Secretary of State and Spokesman Sinn Chanserey Vutha said that the SSCA has noted a steady increase in […]
The great thing about golf (at least when you are playing well) is that it leaves you craving more. Visitors tackling either of the Brian Curley-designed tests — Lake and Palm — at Chhun On Golf Resort just outside Phnom Penh, Cambodia’s capital, can take advantage of a spectacular extra helping in the shape of the […]
The Royal Government of Cambodia (RGC) and the Kyrgyz Republic Monday signed a memorandum of understanding (MoU) to establish bilateral consultations while discussing the possibility of enhancing trade and investment between the two countries. The agreement was signed by Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC) and […]
Cambodia has successfully exported cashew nuts for the first time to Henan Province, China, after two fruitful meetings in July and August between Cambodian government officials, air freight companies and buyers. The Ministry of Agriculture, Forestry and Fisheries (MAFF) announced the exports on Sunday. According to an official release, the exports were finalized after a […]