26 March 2024, Phnom Penh – Singapore’s The Ascott Limited (Ascott), the wholly-owned lodging business unit of CapitaLand Investment, has entered into a management agreement with Overseas Cambodian Investment Corporation (OCIC), for the management of Somerset Diamond Bay Garden Phnom Penh in Koh Pich. The agreement was signed by Ms. Serena Lim, Chief Growth Officer […]

Phnom Penh, March 27, 2024 – A delegation of 13 leading Korean companies, spearheaded by Hacheong Yun, Director General of the Korea Trade-Investment Promotion Agency in Cambodia (KOTRA Phnom Penh), is exploring new trade and investment avenues in Cambodia’s burgeoning sectors. This search for opportunities was discussed during a strategic meeting with Sun Chanthol, Deputy […]

April is a beautiful month known for its pleasant weather. The month is all about the beauty of nature at its best. Cambodia is beautiful during this month and makes it perfect for exploration. If you’re planning to visit Cambodia in April, you’re in for a treat! April is a great time to explore Cambodia, […]

Cambodia and Indonesia have committed to enhancing their commerce and investment collaboration, with trade between the two nations reaching over $190 million in the first two months of 2024, showing a modest increase compared to the same period in 2023. This pledge was made during a March 26 meeting between Sun Chanthol, first vice-president of […]

Laos-China Railway Co., Ltd. (LCRC), a joint venture based in Lao capital Vientiane, has reportedly received a green light from the Cambodian Government for possible cooperation in developing the railway network in Cambodia and high-speed railway link between Cambodia and Laos PDR. Representatives from the Laos-China Railway proposed the project in a meeting with Prime […]

AG Agribusiness Asia (Cambodia) Co., Ltd. and ING Holdings Co., Ltd. have collaborated to launch a state-of-the-art corn farm in Siem Reap province, integrating Australian and other international standard agricultural technology and techniques to drastically improve corn yields in the province compared to traditional farming methods. Situated in Chea Sman village, Meanchey commune, Prasat Bakong […]

Cambodian exports to Japan constituted over two-thirds of total bilateral trade between the two nations in the first two months of 2024, as per the General Department of Customs and Excise (GDCE). Between January and February, their bilateral trade was valued at $325.65 million, a 9.3% rise from $298.06 million during the same period of […]

Cambodia has become a key exporter in the global food security landscape, exporting upwards of 650,000 tonnes of milled rice over 2.7 million tonnes of unmilled rice to more than 50 destinations in 2023.  As a key food producer, the Kingdom has established a long-term vision to enhance its contribution to global food security.  This […]

Phnom Penh, March 26, 2024: Hun Sen, Chairman of the Supreme Council of the King and President of the Cambodian People’s Party, held a meeting with Dr. Chang Dae-whan, President of the Maekjung Group, at the 7 Makara Palace in Phnom Penh. During the meeting, Hun Sen extended a warm welcome to the Maekjung Group’s […]

The UN’s preliminary evaluation for the 2024 triennial review has given Cambodia a positive tick for its 2027 graduation from the status of Least Developed Country (LDC) with a Gross National Income (GNI) per capita score of $1,546 which is above the threshold of $1,306 or above. Cambodia also achieved a good score of 77.7 […]

On March 25, 2024, Sok Soken, Minister of Tourism, received a delegation from the Future Light Organization, led by YIT Virasy, Executive Director of the Future Light Organization, to discuss the possibility of cooperation and partnership in promoting Cambodian tourism in the Japanese market. The Ministry of Tourism and the Future Light Organization expressed their […]

Cambodia will strive to strengthen and expand tourism promotion to China, India, and Australia and promote the implementation of the Memorandum of Understanding between Cambodia and the Maldives to attract more tourists to Cambodia. This was presented at the first meeting of the National Committee for Tourism Development for the Royal Government of the 7th […]

A senior official from the Hong Kong Trade Development Council (HKTDC) has committed to encouraging investors and businesspeople to consider investing in Cambodia’s technology and food-processing industries. The pledge was made during a meeting between Ministry of Commerce secretary of state Sok Sopheak and Patrick Lau, deputy executive director of the HKTDC, in Hong Kong […]

Kep provincial governor Som Piseth has announced that the construction of the Koh Tonsay Tourism Port is about 90 per cent complete, a project he said would transform the province’s islands into modern and desirable tourist destinations. While inspecting the progress of the port on March 19, he described it as an “historic accomplishment” for […]

The Council for the Development of Cambodia (CDC) said a meeting was held on Tuesday to promote green investment. In view of rapid climate change and interest in the investor community towards greener investments, Sun Chanthol, Deputy Prime Minister and Vice President of Cambodia Development Council held a meeting with companies. Some of these companies […]

The Ministry of Environment (MoE) in collaboration with Leader Energy Holding Berhad known as ‘Leader Energy’ and River Ocean Cleanup (ROC) on Wednesday officially kicked off a five-year transformative project aimed at river cleanup operations along the Mekong, Tonlé Sap and Bassac rivers to produce renewable energy. The ‘Five-Year Cambodia Rivers Cleanup Mission’ was presided […]