Cambodia’s aviation industry continues its strong rebound, with 2 million passengers passing through its international airports this year’s first five months. This figure marks a significant increase of 25 percent compared to the same period in 2023. “The figures are a testament to the recovery of Cambodia’s aviation industry from the Covid-19 pandemic and proudly […]

AK Cambodia’s Minister of Commerce, Cham Nimul, promoted potential investment opportunities in Cambodia at the 2024 JCI ASPAC (Junior Chamber International Asia and Pacific) Business Dialogue and Matching event held in Siem Reap provincial city on June 8. The event was held under the topic “Business Opportunities in Cambodia,” with the co-chair of Sok Soken, […]

In the first five months of this year, Cambodia exported more than US$10 billion of major goods, up by 10.88%, while imports amounted to more than US$11 billion, up by 13.6% compared to the same period last year, this is according to the report of the Ministry of Commerce. Cambodia is the largest exporter to […]

PHNOM PENH, June 7, 2024 – According to the latest report from the Cambodia Rice Federation (CRF), the country’s rice exports saw a significant increase in the first five months of the year, totaling 302,592 tonnes, an 8.7 percent rise from 278,184 tonnes during the same period in the previous year. The revenue from milled […]

Kampot, June 6, 2024 – Prime Minister Hun Manet has instructed the Minister of Public Works to prioritize strengthening the railway safety system before proceeding with plans to develop a high-speed railway. Speaking at the inauguration ceremony of the multi-purpose port in Bokor city, Kampot province, the Prime Minister emphasized the government’s commitment to improving […]

A Ministry of Commerce report released on Wednesday said Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose to $14.17 billion in the first five months of 2024, up 14.2 percent from $12.4 billion over the same period last year. The report said the country’s trade with fellow RCEP members accounted for 65.6 […]

The first phase of the Kampot Multipurpose Port was officially inaugurated on Thursday signalling a new chapter in the nation’s logistics and maritime transportation sector and opening a new gateway for Cambodia to global trade. Addressing the inauguration ceremony, Prime Minister Hun Manet emphasized the port’s role as a new international gateway for Cambodia. He […]

Despite subdued domestic demand, the Kingdom’s economy will grow at 5.8 percent this year, 6.1 percent in 2025 and 6.4 percent in 2026, a rise of three percent annually for the next two years, driven by a revival of services and goods exports, the World Bank said in a report. World Bank launched the first […]

The Sokimex Group states that it has so far invested about 800 million US dollars to develop Bokor Mountain in Kampot province. Mr Sok Kong, who owns the Sokimex Group, say that the $ 800 million spent has not yet been recouped, but it is hoped that the investment projects that the company is developing […]

PHNOM PENH, June 5, 2024 – Under the leadership of the Cambodian People’s Party, spearheaded first by former Prime Minister Hun Sen and now by Prime Minister Hun Manet, Cambodia has implemented highly favorable tax policies. These policies are particularly aimed at supporting low-income and impoverished individuals by minimizing their tax burdens. The government has […]

Another cruiser “The World” with the flag of the Bahamas docked at the Sihanoukville Autonomous Port, Preah Sihanouk province, on Jun. 4 for a four-day visit to Cambodia. The cruiser brings along 190 tourists (80 female) of 28 different nationalities and 289 crew members (47 female) of 35 different nationalities. It had departed from Thailand […]

The Angkor Enterprise has announced that in the first five months of 2024, the total revenue from ticket sales at Angkor was more than 22 million US dollars, an increase of nearly 40 percent compared to last year. According to a press release from the Angkor Enterprise, in the first five months of 2024, the […]

Sun Chanthol, Deputy Prime Minister and First Vice President of Council for the Department of Cambodia (CDC), received a courtesy call on June 4 from Patrick Murphy, Executive Vice President of Rice and Grains/Global Sourcing at Otis McAllister, Inc., and a delegation from the Rice Federation of Cambodia. During the courtesy call on the occasion, […]

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign investors to explore investment opportunities in processing Khmer agricultural products. […]

Heng Sour, Minister of Labour and Vocational Training, met with Casey Barnett, President of the American Chamber of Commerce in Cambodia (AmCham), at the Ministry on June 3, 2024. During the meeting, the Minister and Barnett discussed the challenges of increasing labour productivity in the production chain to make the Cambodian workforce more productive and […]

PHNOM PENH, June 4, 2024 – The Sihanoukville Autonomous Port (PAS), the largest seaport in Cambodia, has reported a substantial revenue increase in the initial four months of the year. According to a report released by PAS on Monday, the port saw revenues of $35.2 million from January through April, representing a 24.4 percent rise […]