A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently. The Investment Law of the Kingdom guarantees incentives to all investors who spend for the training of their employees, Sar Senera, Deputy Secretary General of the Cambodian […]
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 […]
Limassol celebrated the island’s biggest party of the year on Sunday with the culmination of ten days celebrating carnival. The large final parade set off down central streets at 1pm, lasting for five hours to finish at 6pm. In that time 120 floats passed in front of visitors, with the total number of people taking part […]
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 […]
Cypriot Deputy Minister of Shipping Marina Hadjimanolis played a prominent role in the European Cruise Summit, organised by the Cruise Lines International Association (CLIA), during the association’s annual Cruise Week, held in Genoa, Italy, from March 12 to March 14, 2024. According to a press release issued by the ministry, Hadjimanolis participated in a panel discussion focusing on […]
The Cyprus Securities and Exchange Commission (CySEC) on Friday announced its active participation in the annual Global Money Week (GMW2024), a pivotal global campaign dedicated to promoting financial literacy, with a special focus on the younger population. Organised by the Organisation for Economic Co-operation and Development (OECD), the 12th edition of GMW2024 is scheduled to take place […]
The Central Bank of Cyprus (CBC) on Friday announced its coordination of the annual global awareness campaign, Global Money Week, scheduled to take place from March 18 to 24, 2024. This initiative, organised every March by the Organisation for Economic Co-operation and Development (OECD), aims to empower youth with essential financial knowledge, skills, and behaviours, enabling them to […]
Equinox, a natural phenomenon when the sun rises over the central tower of the Angkor Wat Temple in Siem Reap province, will happen on Mar. 21. The information was shared by the APSARA National Authority in a news release on Mar. 14, adding that this event is linked with the architecture of the great Angkor […]