The Council for the Development of Cambodia (CDC) and the International Monetary Fund (IMF) have discussed and exchanged views about improving mechanisms for collecting and compiling data on foreign direct investment flow to Cambodia. Suon Sophal, Deputy Secretary General of the CDC’s Cambodian Investment Board, and Renato Perez Davalos, Senior Economist at IMF, discussed the […]

A minister said here on Sunday evening that Cambodia reported more than 4.5 million air travelers during the January-September period of 2024, up about 22 percent from 3.7 million over the same period in 2023. Mao Havannall, minister in charge of Cambodia’s State Secretariat of Civil Aviation, said 31 international and domestic airlines had operated […]

Vietnam Airlines officially launched non-stop flights between Phnom Penh and Hanoi on Sunday, shifting from its earlier route connecting Phnom Penh to Hanoi by having a stop in Vientiane, Lao PDR. Under the new route plan, Vietnam Airlines will operate this service between Phnom Penh and Hanoi four times a week on Mondays, Wednesdays, Fridays […]

The Securities and Exchange Regulator of Cambodia (SERC) said the 23 companies listed on the Cambodia Securities Exchange (CSX) have raised $389 million fund for their business activities. Out of these 23 companies, 11 companies have issued securities and 12 companies issued bonds, including green bonds and sustainable bonds, SERC’s Director-General Sou Socheat said at […]

Vietnam Airlines has launched a direct route between Hanoi, Vietnam and Phnom Penh, with a schedule of four flights per week on Mondays, Wednesdays, Fridays, and Sundays. The route will offer a new option for passengers in addition to the current four between Vietnam and Cambodia, including Ho Chi Minh City – Phnom Penh; Hanoi, […]

Cambodia with an estimated 580,117 hectares of cashew cultivation ranks third in the world for the cultivated area of the crop, a senior official of the Ministry of Agriculture, Forestry and Fisheries (MAFF) said recently. Ngin Chhay, Director General of the General Department of Agriculture, said this during the official launch of the document ‘Cashew […]

Phnom Penh, October 25, 2024 — The first-ever Cambodia-Korea Public-Private Sector Dialogue was held to strengthen and promote bilateral cooperation in economy, trade, and investment of both countries to a new height. Held at the headquarters of the Council for the Development of Cambodia (CDC) in Phnom Penh on Oct. 24, the Dialogue was co-chaired […]

Despite the rapidly evolving digital landscapes, business leaders and technology experts Thursday congregated at an event titled, ‘Navigating the Digital Future’, organized by the Indian Business Chamber in Cambodia (IBCC) to explore potential collaboration in business, trade and cultural relations between India and the Kingdom. The ‘Navigating the Digital Future’ event was presided over by […]

Cambodian Prime Minister Hun Manet affirmed that education systems around the world are continually updated and modified to keep pace with society’s ongoing development on Saturday morning (Oct 26) in Kang Meas District, Kampong Cham Province. He underlined that Cambodia and even superpowers need to reform their education systems. The Royal Government of Cambodia and […]

A group of foreign tourists from Russia and Kazakhstan arrived in Preah Sihanouk province on Friday, via charter airline, Sunday Airlines. The arrival of the first chart flight was greeted by senior officials of the province. Passengers on board were welcomed with flowers and Khmer scarfs as gifts and Chhay Yam traditional dance. The arrival […]

Cyprus investment promotion agency, commonly referred to as Invest Cyprus, on Thursday announced the signing of a memorandum of understanding (MoU) with Invest Paraná, the investment promotion agency of the Paraná state in Brazil. The agreement was signed at the Commodity Supply Chain Conference 2024, which took place from October 22-24 at the Grand Resort […]

Cambodia’s export to the European Union (EU) surged to $3.29 billion in the first three quarters of 2024, up nearly 20 percent from $2.79 billion compared to the same period last year. According to a report from the General Department of Customs and Excise of Cambodia, from January to September, the Kingdom’s imports from the […]

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 […]

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 […]

Cambodia’s fresh cassava market appears robust, which has seen significant growth in exports – up over 160 percent in the first three quarters of 2024. According to a report from the General Department of Agriculture of the Ministry of Agriculture, Forestry and Fisheries (MAFF) released by ARDB on Wednesday, Cambodia exported over 2 million tonnes […]

Cambodia attracted 4.8 million foreign visitors in the first nine months of 2024, up by 22 % from 3.92 million over the same period last year, said a Ministry of Tourism’s report released on Wednesday. “The number has reached 99.7% of that in the first nine months of 2019, the pre-COVID-19 pandemic era,” the report […]