As many as 62 percent of companies in a survey conducted in Cambodia planned to recruit more staff in 2024, with leadership, quality control and project management topping the list of most needed skills, according to the latest Skills Gap Assessment Report of the European Chamber of Commerce (EuroCham). The report, based on a survey […]

Japan has reaffirmed its support for the capacity development efforts of ports in Cambodia. The focus areas of port development were discussed at the third meeting of the Coordinating Committee for the Port Administration Capacity Building Project, chaired jointly by Ieng Veng Sun, Secretary of State of the Ministry of Public Works and Transport and […]

Prime Minister Hun Manet Tuesday called on the owners of Micro, Small and Medium-sized Enterprises (MSMEs) and all stakeholders to work unitedly to be a pillar of the socio-economic development of the country. In a message on the first National Day of Small and Medium Enterprises to be celebrated on June 27, Mr Hun Manet […]

The Cambodian government spent about $660 million for the three phases of the Bakheng water treatment plant which aimed to meet the growing demand for clean water in Phnom Penh and nearby Takhmao City of Kandal province. The construction of the Bakheng water treatment plant was divided into three stages and two of them have […]

Of $380 billion in international development financing committed to South-East Asia, only 7 percent or $27.1 billion, has been earmarked for Cambodia, as per the Lowy Institute Southeast Asia Aid Map. There is also a gap between what international partners promise and deliver. With international partners committing as much as $27.1 billion for 14,986 projects […]

Ministry of Commerce (MoC) Tuesday urged businessmen entrepreneurs, investors and traders to take part in foreign exhibitions to promote Khmer products, tourism, trade and investment which will be held in July and August in four countries. According to the different announcements released on June 24, the Ministry of Commerce asked traders, investors and the public […]

Cambodia and the U.S. will continue to promote their bilateral economic and investment cooperation by working together to improve investment environment to attract more American investors. The commitment was made during the meeting here this morning between Deputy Prime Minister H.E. Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), […]

The Ministry of Post and Telecommunications (MPTC) and the Ministry of Labour and Vocational Training (MLVT) signed a Memorandum of Understanding (MoU) recently to promote cooperation in the digital sector. Prior to the signing on Monday, Chea Vandeth, Minister of Post and Telecommunications, held bilateral discussions with Heng Sour, Minister of Labour and Vocational Training, […]

Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. Cambodia exported to Thailand totalled $391 million, down 18.43 percent, while Cambodia imported […]

Three private-sector bond issuers have been selected to receive comprehensive support for their green, social and sustainability bond issuances in 2024 under the inaugural Cambodia Sustainable Bond Accelerator (CSBA) Program. A recent press release from the Securities and Exchange Regulator of Cambodia (SERC) has confirmed the three companies selected for 2024 issuances under the CSBA […]

Cambodia made a strong pitch at the ‘2024 China (Chongqing)-ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation’ held in Fuling District, Chongqing on June 18 by inviting investors from various countries to seize the opportunity to do business and invest in the Kingdom and work together to build and achieve better regional […]

Cambodia and Vietnam are on track to exceed $10 billion in trade by the end of 2024, said Vietnam’s Ambassador to Cambodia Nguyen Huy Tang. During the COVID-19 pandemic, two-way trade between the two countries was at $5.32 billion in 2020. But the figure went up to $9.53 billion and $10.57 billion in 2021 and […]

The construction of the $1.5 billion first phase of the Techo International Airport (TIA) has entered the final stage and is 78 percent complete as of June 16. The airport will be ready for commencing operations by February end of next year. The work progress of the TIA was shared yesterday by Pung Kheav Se, […]

Daily trading volumes on the Cambodia Securities Exchange (CSX) has gone up after months of decline in 2023. The first four months of 2024 saw daily trading volume has been below $200,000. But, trading has now picked up with daily trading volume at $300,000, said Hong Sok Hour, CEO, CSX. “The significant increase in daily […]

The Ministry of Tourism’s new strategy of ‘Uniting for a Collective Vision’ to reposition Cambodia as a leading global destination has started yielding positive results. Going by the latest Tourism Statistics Report of the Ministry, international tourists who arrived in Cambodia touched 2.11 million mark in the first four months this year, reaching 38 percent […]

On the day of the Local Producers and Buyers Marching Forum and Local Products Exhibition in Siem Reap province, senior officials of the One Village, One Product (OVOP) committee urged business owners and the general public to use and buy local products. Siem Reap provincial authority along with Macro Market in Siem Reap, organized a […]