The project to electrify Cambodia’s river systems, which is expected to cost a total of $600 million over five years, received its first tranche of $120 million in funding. The funding came in from the commercial arm of a major multilateral bank. Currently, this project is being pitched to investors, focused on renewable energy projects, […]

The uniqueness of the Tonle Sap River with its charming floating villages lies in its annual flow reversal, flowing one way for half the year and in the reverse direction for the other half. Travel operators see tremendous potential in promoting the river as a tourist attraction in Cambodia. Tourists often like to see different […]

Paper Tree (Cambodia) Co., Ltd., a plantation and wood chipping company with various pre-existing horticulture operations across Cambodian provinces, has unveiled plans to register its projects with the Council for the Development of Cambodia (CDC) to gain qualified investor status. The move looks to expand the Thailand-headquartered company’s cooperation on forestry investments with local investors […]

Neighbouring Cambodia and Thailand have vowed to boost their economic growth through infrastructure, trade, investment and tourism connectivity. The commitment was made by President of the Cambodian People’s Party (CPP), Hun Sen, and visiting Ms Paetongtarn Shinawatra, President of the Pheu Thai Party, during their bilateral talks at the 7th January Palace in Phnom Penh […]

Cambodia’s future lies in startups was the broad message at the Startup Ecosystem Forum: Connect 2024 at Raintree Cambodia held in Phnom Penh on Friday. The event was organised with an objective of providing opportunities for reflection, open dialogue, knowledge sharing and collaboration for the year ahead. Among the presentations made by various investors, startups […]

The Ministry of Commerce (MoC) in collaboration with the European Union (EU) and the German Federal Government (GIZ) has contributed significantly towards progressive trade development, allowing the Kingdom’s economy to integrate into the region and the world. Cham Nimul, Minister of Commerce, on Friday presided over the closing ceremony of the ‘ARISE Plus Cambodia’ and […]

During the first six months after the 7th-mandate Royal Government took office, Cambodia attracted in total more than US$ 4.1 billion foreign investments, said Prime Minister Samdech Moha Borvor Thipadei Hun Manet at the 6th Cabinet Plenary Session, held at the Peace Palace here this morning. Samdech Thipadei Prime Minister said from September 2023 to […]

Prime Minister Hun Manet shared nine recommendations to enhance tourism sector. He made this recommendation on Saturday at the opening ceremony of the 8th River Festival in Siem Reap Province. The nine recommendations are as follows: 1.Through maintaining peace, which is an indispensable factor for development, the premier called on all citizens to join the […]

Delegates from the Cambodia Young Entrepreneurs Association for Development (CYEAD) on Friday meet with senior officials of the Council for the Development of Cambodia (CDC) in Phnom Penh to explore investment opportunities. Chea Vuthy, Secretary General, Cambodia Investment Committee of CDC met with Hong Cheng Chun, President of the Cambodia Young Entrepreneurs Association for Development […]

Women entrepreneurs in technology and investment were the focus at the launch event of Cambodia Tech Catalyst supported by Google in Phnom Penh recently. Under the theme of ‘Kingdom of Possibilities’ the event featured local start-ups, incubators, venture capital firms, founders and investors in panel discussions that delved into the challenges facing start-up businesses in […]

The Prime Minister of Cambodia, Dr. Hun Manet, stated that in the past six months of the new Royal Government, 173 investment projects have been registered with the Council for the Development of Cambodia (CDC) with a total investment of $4.150 billion, creating more than 170,000 jobs. He made this statement on the occasion of […]

The Prime Minister of Cambodia, Dr. Hun Manet, stated that in the past six months, Cambodia exported $11.8 billion, an increase of more than $1.6 billion, equivalent to 16.57 percent, indicating that the Cambodian economy is growing. This statement was made on the occasion that the premier presided over a plenary meeting of the Council […]

The European Union (EU) has reiterated its commitment to support Cambodia’s graduation from the least developed country (LDC) status, saying that it is ready to talk with the Cambodian side on the new trade scheme, Generalised Scheme of Preferences Plus (GSP+). The commitment was made by Jutta Urpilainen, European Commissioner for International Partnerships, at a […]

Come Thursday, the world famous Angkor Wat will delight visitors again with its equinox sunrise. During the equinox, the sun aligns with the highest point of the Angkor Wat, a unique scene that can be watched from the central gate (the main western gate). Many tourists visit Angkor Wat during equinox to watch the sunrise […]

An Indian delegation comprising over 20 companies engaged in the manufacturing and trading of dyes, dye intermediates, and organic & inorganic chemicals including agrochemicals, specialty chemicals and cosmetics on Wednesday held a business meeting with their Cambodian counterparts in Phnom Penh. Basic Chemicals, Cosmetics & Dyes Export Promotion Council- Chemixcil, as an endeavour to enhance […]