PM nods 26 Japanese firms to explore investment prospects

PM nods 26 Japanese firms to explore investment prospects

Prime Minister Hun Manet on Tuesday approved 26 Japanese companies to explore investment opportunities in the Kingdom’s potential sectors, including agriculture, food processing and aquaculture. The approval was granted to Takahashi Fumiaki, President of Japan-Cambodia Association (JCA) during a meeting at the Peace Palace on November 19. The JCA President apprised the Premier on the […]

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Major UAE firm expresses interest in investing in Cambodia’s transportation and logistics sector

Major UAE firm expresses interest in investing in Cambodia’s transportation and logistics sector

Sultan Ahmed Bin Sulayem, Chief Executive Officer (CEO) of DP World, expressed his interest in exploring investment opportunities in Cambodia, particularly in key sectors including transportation, logistics and industrial park development. Sultan Ahmed Bin Sulayem paid a courtesy call to Cambodian Prime Minister Hun Manet on Wednesday at the National Assembly. The CEO also informed […]

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PwC Cyprus joins consortium for European offshore energy project

PwC Cyprus joins consortium for European offshore energy project

PwC Cyprus, in collaboration with Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded Project Symbiosis by the European Defence Agency (EDA). Announced this week, the initiative will explore how offshore renewable energy can coexist with defence operations across Europe’s maritime zones, addressing challenges and opportunities in sustainable energy integration. Project Symbiosis, […]

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AmCham survey details optimistic outlook for doing business in Cambodia

AmCham survey details optimistic outlook for doing business in Cambodia

The American Chamber of Commerce in Cambodia (AmCham Cambodia) on Monday released its annual ‘Business Climate Survey 2024’ report, compiling insights shared by over 500 registered Cambodian-based companies. The AmCham survey results suggest generally optimistic growth prospects among responding businesses, including increased profitability and planned investment expansions in 2024, as well as increasingly strategic investment […]

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Cambodia’s Agricultural Sector Attracts Major Japanese Investment

Cambodia’s Agricultural Sector Attracts Major Japanese Investment

A delegation of 26 Japanese investors, led by H.E. TAKAHASHI Fumiaki, former Japanese Ambassador to Cambodia and current President of the Japan-Cambodia Association (JCA), was received by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, at the Peace Palace on November 19, 2024. The delegation expressed keen interest in exploring investment opportunities […]

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Cambodia exports textiles, garments, footwear, travel goods worth $11.4 bln in first 10 months

Cambodia exports textiles, garments, footwear, travel goods worth $11.4 bln in first 10 months

 year, a year-on-year increase of 14.5 percent, the report said, adding that garments worth 8 billion dollars were shipped to international markets, up 23.6 percent. The report added that $1.33 billion worth of footwear was exported, up 22 percent, while travel goods equivalent to $1.69 billion were sold to the international market, up 20.6 percent. […]

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Cambodia, Malaysia trade rises 35%

Cambodia, Malaysia trade rises 35%

Trade between Cambodia and Malaysia reached $715 million in the January to October period this year, a jump of 35.3 percent compared to the same period last year, according to the data of the General Department of Customs and Excise (GDCE) released recently. While Cambodia’s exports to Malaysia reached $110 million in the period, rising […]

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Cyprus sees consumption boom amid rising inequality

Cyprus sees consumption boom amid rising inequality

Despite recent inflation-driven cost of living concerns, Cyprus’s middle class appears to be thriving based on consumption patterns, even as social inequalities widen, new data suggests. Key economic indicators show growth across multiple sectors, with increases in retail turnover, property sales, foreign travel, vehicle purchases, and particularly strong growth in food service and delivery sectors. However, […]

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