Investissement Québec International (IQI) a Canadian government organisation in charge of foreign direct investment and commercial promotion of goods & services from Quebec manufacturers, is planning to visit Cambodia shortly to explore investment opportunities. The information was shared by the IQI’s representative during a meeting with Rath Saravuth, Secretary of State at the Ministry of […]
The Cambodia Chamber of Commerce (CCC) and the Korea Chamber of Commerce and Industry (KCCI) are set to meet this week in Seoul to review the progress made on their bilateral cooperation agreement. The meeting will take place just months after the two chambers signed a Memorandum of Understanding (MoU) aimed at enhancing trade and […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Saturday led a delegation to explore the Free Trade Zone (FTZ) in Xiamen, a port city located in the southeastern Fujian province, China, aimed at attracting private investments to boost socio-economic diversification in the Kingdom. The Deputy […]
The Techo International Airport (TIA), which recently posted construction progress of over 80 percent, yesterday launched engineering flight inspections. The inspections are conducted from September 8 to 12, Sin Chansereyvutha, Under-Secretary of State and Spokesman at the State Secretariat of Civil Aviation, said. The engineering flight inspections involve a team of aviation experts assessing the […]
The Cambodia Securities Exchange (CSX) reached a total market capitalisation of $2.73 billion by the close of the second quarter in 2024, according to a report released by the Securities and Exchange Regulator of Cambodia (SERC) on Friday. The report highlighted the two types of securities currently traded on the CSX—stocks and bonds. On the […]
The Siem Reap provincial authority, in collaboration with the private sector, plans to make this month attractive for national and international visitors by hosting special events. The plan was revealed by Ngov Sengkak, Deputy Governor of Siem Reap province, following a preparatory meeting for World Tourism Day with the private sector in Siem Reap City […]
Cambodia launched a $27 million project on Thursday to enhance the sustainability, export, competitiveness, and inclusiveness of the Kingdom’s cashew nut and pepper industries, according to a joint press release. Jointly funded by the European Union (EU) and Germany’s Ministry for Economic Cooperation and Development, the five-year project will be implemented by the German Agency […]
Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. “A rebound in the garment sector due to stronger demand in major markets and a […]
The Bay of Lights, a transformative USD 16 billion coastal township development project, took center stage at the inaugural Singapore Business Expo 2024, coinciding with Singapore’s 59th Independence Day celebrations. Showcased as the groundbreaking project, the Bay of Lights is poised to transform Cambodia’s coastal economy and create ripple effects across the Southeast Asia region. Transforming […]
The Council for Development of Cambodia (CDC) is gearing up for an official trip to the United States to highlight the favourable investment climate that exists in Cambodia and attract potential investors from American companies to Cambodia. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, will […]
The benefits of investing in ASEAN and Cambodia are clear and compelling, Australian businesses were told recently by Sok Siphana, Senior Minister in charge of Special Missions, Chairman of the Trade Policy Advisory Board (TPAB) and Chairman of the Committee on the Promotion of Resolutions of Private Sector Issues. In his closing keynote address at […]
The Director General of the Council for the Promotion of International Trade Shanghai (CPIT Shanghai) Zhou Minhao, confirmed to Sun Chanthol, the First Vice President of the Council for the Development of Cambodia (CDC), aiming to explore the possibility of participating in the promotion of tourism, as well as trade and private investment between Shanghai […]
Cambodia recorded 3.53 million air travellers during the first seven months of this year, up 20%, if compared to the same period last year, said a State Secretariat of Civil Aviation’s report on Wednesday. The report said international and domestic airlines had operated 33,439 flights to the Kingdom’s three international airports during the January-July period […]
Deputy Prime Minister Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), has expressed a desire to see more US and EU investment in Cambodia as the CDC prepares to launch a mission in the US to attract companies there later this month. He made the remarks during a meeting with […]
The Royal Government of Cambodia (RGC) signed two memoranda of understanding (MoUs) with Canadia Bank Plc and ACLEDA Bank Plc, allowing international passengers to fill out documents, apply for visas and make payments in advance.The agreement was signed yesterday by Charles Van, Executive Vice President of Canadia Bank and Seng Youan, Director General of the […]
Acting Head of State Hun Sen Tuesday expressed satisfaction with the growing trade volume between Cambodia and Thailand. Mr Hun Sen made the remarks during a meeting with Cherdkiat Atthakor, Ambassador of Thailand to Cambodia, who paid a farewell visit to the Senate. He expressed his pleasure meeting with Ambassador Atthakor who is leaving Cambodia […]