Cambodia’s efforts to get back the Generalized System of Preferences (GSP) concessional trade status, given by the US to select countries, are yet to succeed but W. Patrick Murphy, the US Ambassador to the Kingdom, recently indicated that he supported the initiative. During a meeting with Bin Trachhey, Minister of Planning, on Tuesday, Murphy reportedly […]
The Green Climate Fund (GCF) has approved the Cambodian Climate Financing Facility (CCFF) during its 38th board meeting in Rwanda. This initiative, with concessional funding of $100 million, aims to support Cambodia’s transition towards a green economy. The CCFF is a $100 million loan facility strategically designed to provide long-term concessional financing to sustainable private […]
Training and financial literacy will be keystones to improving insurance penetration in Cambodia in the next five years, said the Insurance Regulator of Cambodia (IRC). Towards this end, the IRC is planning to set up the National School of Insurance in the Kingdom, officials from IRC said at an event on Tuesday. Insurance penetration in […]
Cyprus’ Industrial Business Cycle Index for the month of December 2023 reached 180.1 units, with 2015 being the base year, marking a 0.3 per cent increase compared to December 2022. According to a report released this week by the Cyprus Statistical Service (Cystat), covering the period from January to December 2023, the index exhibited a notable […]
The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through the construction of various infrastructures, industrial parks and economic centres. […]
Melbourne, Australia: Australian Prime Minister Anthony Albanese commended Cambodia for its resilience and continued progress, acknowledging the country’s triumph over the tribulations of its past. This praise came during a bilateral meeting with Cambodian Prime Minister Hun Manet on March 5, 2024, amid the ASEAN-Australia Special Summit held in Melbourne, Australia. Albanese reminisced about the […]
Melbourne, Australia: The Cambodia Chamber of Commerce (CCC) and the Victorian Chamber of Commerce and Industry (VCCI) inked a Memorandum of Understanding (MoU) on business collaboration today. This agreement aims to strengthen trade, investment, and economic cooperation between Cambodia and Victoria, Australia. The signing was witnessed by Cambodian Prime Minister Hun Manet during the Australia-Cambodia […]
MELBOURNE, Australia: Cambodia and Australia have pledged to expand their bilateral relations as the Prime Ministers of both countries met in Melbourne where they emphasised the importance of enhancing cooperation in trade, economy, education, employment and defence. The commitment was made during a bilateral meeting between Prime Minister Hun Manet and his Australian counterpart, Anthony Albanese, […]
The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through the construction of various infrastructures, industrial parks and economic centres. […]
Cambodia Chamber of Commerce (CCC) and Victorian Chamber of Commerce and Industry (VCCI) have reached a Memorandum of Understanding (MoU) on Business Collaboration to promote trade, investment and economic cooperation between the two countries. The MoU was signed in Melbourne, Australia yesterday under the witness of Cambodian Prime Minister Hun Manet, following the Australia-Cambodia Business […]
The Minister of Commerce has encouraged Australian businesses to invest more in Cambodia and expand market ties with the country in a bid to bolster Cambodian-Australia business relations. Cham Nimul, Minister of Commerce, made the remarks during a meeting with Senator Tim Ayres, Australia’s Assistant Minister for Trade and Manufacturing at the sidelines of the […]
Agriculture in Cambodia can be impacted by droughts and floods, so the government is keen on making the sector climate and disaster-resilient. Officials from the Ministry of Water Resources and Meteorology met with the Asian Development Bank (ADB) to hold discussions on joint irrigation projects. In the meeting on Tuesday, Chan Sinath, Secretary, Ministry of […]
Cambodia has encouraged Australian business and investor community to further increase business and investment activities in high-value-added sectors such as agriculture and agro-processing, logistics, e-commerce, and digital technology, considered as priority sectors for economic development of the Royal Government of Cambodia. The inspiration was made by Ms. Cham Nimul, Cambodian Minister of Commerce, during a […]
Prime Minister Hun Manet on Tuesday called on Australian businesses to explore the opportunities for investing in Cambodia by taking advantage of the country’s vibrant trade and investment policies. While presiding over the opening session of the Cambodia-Australia Business Forum, organized by the Cambodia Chamber of Commerce and the Victorian Chamber of Commerce and Industry […]
The Prime Minister of the Kingdom of Cambodia, Dr. Hun Manet, on the morning of March 5, received a courtesy call from Neil Brimacombe, CEO of SPC Group, on the occasion of attending the ASEAN-Australia Special Summit in Melbourne, Australia. During the meeting, the CEO of the company thanked the premier for taking the time […]
Pen Bona, chief of the Government Spokesperson Unit (RGSU) said that the number of Cambodian supporters of the Royal Government in Australia on March 3, 2024 was overwhelming compared to the number of dissidents. He added that they expressed their dignified views without saying anything offensive to the opposition, that is, they only expressed their […]