Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development of Cambodia (CDC). He emphasized Cambodia’s favourable investment climate during […]
The Kingdom exported 248,535 tonnes of rubber products earning more than $397 million in the first three quarters of 2024, according to a report released by the General Directorate of Rubber on Friday. According to the report, Cambodia exported 248,535 tonnes of rubber latex in the first nine months of 2024, an increase of 5,881 […]
There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – a nodal body for approving foreign investments – the country […]
Prime Minister Hun Manet attended the Red Cross scarf ceremony at Koh Pich this morning. At the Koh Pich Convention and Exhibition Centre, 4,742 candidates from Phnom Penh’s higher education institutes were presented with scarves. The PM’s spouse and Bun Rany Hun Sen, President of the Cambodian Red Cross (CRC), were also present. In his […]
Australia has pledged to strengthen further and expand its cooperation with Cambodia and support the Kingdom’s graduation from the Least Developed Country (LDC) status in 2029. Derek Yip, the Australian ambassador to Cambodia, made the commitment when he paid a courtesy call on Cambodian Prime Minister Hun Manet at the Peace Palace on Friday afternoon. […]
Official data showed on Friday that Cambodia earned $394 million in revenue from exports of natural rubber latex in the first nine months of 2024, up 18 percent from $332.6 million in the same period last year. According to a report by the General Directorate of Rubber, the kingdom exported 248,535 tonnes of the commodity […]
Australia is committed to increasing cooperation with Cambodia in the areas of trade and investment and contributing to an improved investment environment. The commitment was expressed by Derek YIP, Ambassador of Australia to Cambodia, during a courtesy call on Sun Chanthol, Deputy Prime Minister and First Vice President of Council for the Development of Cambodia […]
Kampong Cham has been officially declared a smoke-free tourist city. The declaration was made by Minister of Tourism Huot Hak during a ceremony on October 16, 2024, at Kampong Cham Provincial Hall. The event was presided over by Un Chanda, Governor of Kampong Cham, and Ms. Marianna Trias, WHO Representative to Cambodia. Governor Chanda highlighted […]
Prime Minister Hun Manet announced yesterday that he will travel to Jakarta to celebrate the swearing-in of Prabowo Subianto as the new President of Indonesia on October 20. Mr Hun Manet and First Lady, Pich Chanmony, hosted a gathering yesterday with grandparents and students from the Cambodian Children’s Fund (CCF) and the Organisation for the […]
Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). The report showed that from January to September, Cambodia exported $2.72 billion worth of products to Vietnam, a year-on-year increase of 33.8 […]
Kampong Thom province plans to establish a dedicated cashew nuts hub to supply specially to countries like Turkey, the Middle East and the European Union market, said Suy Kokthean, Vice President of the Cashew Nut Association of Cambodia (CAC). Speaking to Khmer Times yesterday, Kokthean said that he had discussed with businessmen from Turkey and […]
Prime Minister Hun Manet Wednesday greenlighted the Gulfstream Aerospace Corporation’s proposal to invest in Cambodia’s aviation industry. Gulfstream Aerospace Corporation is a leading aircraft manufacturer based in the United States that specialises in developing luxury private jets. The decision was taken during a meeting between Mr Hun Manet and a delegation led by Julien Nargeot, […]
Gulfstream Aerospace Corporation, an American aircraft company, praised Cambodia’s rapid development in all sectors and expressed interest in the country’s aviation industry. The interest was revealed by visiting Julien Nargeot, Regional Vice President of Sales for Southeast Asia, Pacific, Australia and New Zealand at Gulfstream Aerospace Corporation. At the same time, he was received by […]
Several provinces are hosting or planning boat races to attract domestic and international tourists to enjoy the festivities. Povinces of Kampong Cham, Battambang, Banteay Meanchey, Kandal, Prey Veng, and Kampong Thom have confirmed that they have either held or will hold the festival. Top Sopheak, Spokesman for the Ministry of Tourism, said yesterday that the […]
Siem Reap is set to host its vibrant Water Festival celebration on Nov. 14-15, featuring a variety of activities. In addition to the traditional boat racing, full moon salutations, pounded rice eating, and lantern floating, the city will also hold food and local product exhibitions, concerts, traditional performances, and other entertainment along the Siem Reap […]
Hidden Gems: Siem Reap – With its ancient temples, floating villages, and bustling markets, Siem Reap is a welcome addition to our Hidden Gems destination list. All at once sleepy and vibrant, Siem Reap is a Cambodian provincial capital that boasts a huge array of sightseeing opportunities from colonial and ancient ruins to traditional markets, bustling bars, and lush rice […]