The Ministry of Commerce plans to launch its public telephone system, designated with the number “1266,” on Monday, March 11, 2024, in order to improve accessibility and transparency. This initiative aims to cater to the needs of the business community and the general public, offering assistance on a myriad of matters including general information, business […]
Cambodia attracted investment of $1.3 billion in the first two-month period of this year, according to the Council for the Development of Cambodia (CDC). China was the leader in foreign direct investment (FDI) to the Kingdom, accounting for about 39 percent of total investment capital, said Chea Vuhty, Secretary-General of CDC’s Cambodia Investment Board (CIB). […]
Really Cool Airlines of Thailand and AirAsia Cambodia are to add to Southeast Asia routes operating from the Macau International Airport. In a recent statement, the company responsible for operating MIA indicated that Really Cool Airlines of Thailand will start operating routes between Thailand and Macau, while AirAsia Cambodia has confirmed operating a Phnom Penh-Macau […]
In the first two months of 2024, Cambodia exported 90,153 tonnes of milled rice through 40 rice exporters to 50 destinations. This is according to the press release of the Cambodian Rice Federation, which was received by local news on March 9. The 50 destinations include 22 EU countries, 51,333 metric tonnes of milled rice […]
Following a bilateral meeting between Indonesian President Joko Widodo and Cambodian Prime Minister Hun Manet on the side-lines of the ASEAN-Australia Special Summit two days ago, the Indonesian Ambassador to the Kingdom of Cambodia, Santo Darmosumarto, paid a working visit to Prey Veng Province. As previously reported in various news outlet, President Jokowi and Prime […]
Focus Consortium in collaboration with the State Secretariat for Civil Aviation (SSCA) has launched a feasibility study on the proposed Mondulkiri airport and the development of satellite cities in the province. The firm was authorized to conduct the projects in January. SSCA has been cooperating with the Focus Consortium to develop the projects in accordance […]
Cambodia has recorded a significant rise in the number of Chinese tourists to its famed Angkor Archaeological Park in the first two months of 2024, according to the state-owned Angkor Enterprise’s report on Thursday. The report said 16,074 Chinese holidaymakers visited the Angkor during the first two months this year, up 140 percent from 6,690 […]
Cambodia provides tremendous investment opportunities, especially in key sectors such as infrastructure and energy and its open Investment Law is an added attraction, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), to a delegation of the Vietnam Cambodia Business Association (VCBA), recently. The Deputy […]
Cyprus will participate in the €19-billion project of electricity interconnection linking Cyprus, Greece and Israel, called “Great Sea Interconnector,” provided the conditions set out by the Cabinet are met, Finance Minister Makis Keravnos has said. Keravnos’ comments on 7 March came following the call by the Greek Independent Power Transmission Operator (IPTO) for Cyprus to […]
Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, the bank’s results showed enhanced capital adequacy, as well as notable improvements in operational costs. The positive outcomes affirm the bank’s resilient trajectory, effective management of […]
The Cyprus Registry marked its 60th anniversary of participation in global shipping activities earlier this week, highlighting its journey towards becoming a key player through a strategy focused on responsible and sustainable growth. Celebrated at the Great Britain Hotel in Athens, Greece, the event underscored the strong connection between Greek and Cypriot maritime sectors. The gathering was attended […]
This feel-good dinner makes the most of your time. Because you’re busy. You don’t have all day. I hear you. That’s where multitasking comes in: While hunks of Halloumi cheese and pita shards toast in the oven, you’ll slice up juicy citrus (snag blood oranges if you can for their vibrant hue), kicky shallot, kickier […]
US Department of State assistant secretary for East Asian and Pacific Affairs Daniel Kritenbrink said he had a range of “productive conversations” with Prime Minister Hun Manet on how the US and Cambodia can deepen their relationship and address contentious issues. During his February visit to Phnom Penh, Kritenbrink met with Manet and Minister of […]
Cham Nimul, Minister of Commerce, met with Senator Hon Tim Ayres, Assistant Minister for Trade and Assistant Minister for Manufacturing of Australia, to discuss and strengthen friendship and bilateral economic and trade relations between Cambodia and Australia on March 5, 2024. The meeting was held on the occasion of accompanying Prime Minister Hun Manet to […]
Neak Oknha Kith Meng, President of Cambodia Chamber of Commerce (CCC) and Chair of ASEAN Business Advisory Council Cambodia, encouraged and invited Australian companies to explore the diverse opportunities that Cambodian market presents and asked Australia to contribute their expertise to shared success as Cambodia offers as a gateway for Australian businesses seeking to diversify […]
Cambodia has experienced a stable growth of exports to foreign markets despite a slowdown in global demand and a war crisis, a senior official of the Ministry of Commerce said. Cambodia’s exports were worth $1,967 million in January of 2024, a 27 percent increase compared to the same period in 2023, a General Department of […]