In a move underlining the government’s commitment to reviving the tourism sector, Prime Minister Hun Manet chaired a high-level meeting yesterday to assess the progress of the newly formed Cambodia Tourism Marketing and Promotion Board (CTB). Established on July 1, 2024, the CTB is tasked with spearheading international marketing efforts to attract tourists to the […]
A delegation of investors and businessmen from Australia and New Zealand recently visited Cambodia to explore potential investment opportunities. The group, led by Cheunboran Chanborey, Ambassador of Cambodia to Australia and New Zealand met with officials of the Council for the Development of Cambodia (CDC) on Monday to gain a deeper understanding of the government’s […]
Cambodia attracted fixed-asset investment of US$3.2 billion in the January-June period of this year, up 194 percent from US$1.1 billion recorded in the same period last year, the Council for the Development of Cambodia (CDC) said in a news release on Friday. A total of 190 investment projects have been approved during the above-mentioned period, […]
Cambodia has registered 1,614 electric vehicles (EVs) as of June 2024, said a news release from the Ministry of Public Works and Transport on Tuesday. The news release said the three most popular EV brands in the Southeast Asian country are China’s BYD, Japan’s Toyota, and Tesla. It added that the kingdom had recorded 658 […]
Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. The milled rice exports earned the Kingdom a total revenue of $247 million, up 7.8 percent from the same period last year, the report said. The Kingdom […]
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. As per figures in 2024, January to May saw Cambodia take the number one position as Vietnam’s biggest […]
Cambodian Prime Minister Hun Manet stated that France remains one of Cambodia’s largest trade and investment partners among European countries. In the first five months of 2024, Cambodia-France trade volume reached $206.41 million. The premier spoke on Monday during the 2nd Cambodia-France Business Forum opening at Sofitel Phnom Penh Phokeethra. “France remains a key partner […]
Regional Free Trade Agreements such as ASEAN and RCEP, bilateral agreements with China and Korea and bilateral agreements with China and Korea have created massive markets for Cambodia for new investments, said Kith Meng, President of the Cambodia Chamber of Commerce. The Kingdom has been one of the fastest growing economies in the region and […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Sunday told the local working groups of Phnom Penh capital to examine the possibility of developing a smart city application (mobile app) aimed at managing the provision of public service, providing information and getting feedback from the […]
PHNOM PENH: The Cambodian Chamber of Commerce, in collaboration with the Kampong Thom-Preah Vihear Chamber of Commerce, recently held a business growth sharing program on July 2nd, 2024, at the Kampong Thom Royal Hotel. The event, titled “Investment opportunities in Kampong Thom,” aimed to connect business owners and provide valuable insights for growth. Over 70 […]
PHNOM PENH – Travelers can expect a truly exceptional duty-free experience at the upcoming Techo International Airport (TIA) thanks to a confirmed partnership between Cambodia Airport Investment Co., Ltd (CAIC), Lagardere Travel Retail, and HSC Group. This collaboration, announced by OCIC, brings together local expertise with global retail standards. Dr. Lim Lina, Oknha Sok Hong (CAIC), […]
CEO of Ask Wire Pavlos Loizou, has hands-on experience in setting up large scale real estate platforms and in repositioning real estate assets, having established and being the head of the real estate platform of Gordian Holdings, having established and being the head of asset management of the real estate management unit (REMU) of Bank […]
The relationship between Cambodia and Japan exemplifies a genuine heart-to-heart connection, defined by mutual respect, trust, and a shared vision and interests. Marking the 70th anniversary of their formal diplomatic ties last year, both countries elevated their relationship to a ‘comprehensive strategic partnership’. This underscores the deep trust and comprehensive cooperation between the two nations. […]
Cambodia and Japan Saturday in principle agreed to strengthen and expand cooperation on infrastructure and connect maritime space through participation in the design and development of Sihanoukville Autonomous Port. The two countries also agreed to expand cooperation in the economic field and attract Japanese investment. Key issues pertaining to economic development cropped up during the […]
The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. CDC said that it had approved 190 investment projects, a 68 percent increase […]
It may not feel quite like it, but Britain is well and truly in its summer months. But once we enter autumn and then winter, the mercury will unsurprisingly tumble and the days shorten. So, if you’re looking to escape the winter blues this year and catch some sun, why not look east and head […]