Koh Kong’s First Coal-fired Plant Up In The Air: Ministry
The investors of a project to build the first coal-fired power plant in Koh Kong province are still looking for buyers, according to the...
UAE-Cambodia Comprehensive Economic Partnership Agreement Comes Into Effect
Cambodia and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement (CEPA) trade partnership agreement in June 2023 but this has now...
National Assembly Approves Draft Oil Management Law
The National Assembly yesterday approved the latest draft of the Law on Oil and Oil Production Management, a piece of legislation that has been...
Promoting The Investment Potential Of Cambodia’s Northwestern Provinces
The German Agency for International Cooperation (GIZ) and the Council for the Development of Cambodia (CDC) held the ‘Investment Promotion Conference 2023’ on October...
Cambodia Post temporarily ceases international delivery services
Cambodia Post has been forced to temporarily cease its international delivery service, citing logistics issues caused by the ongoing COVID-19 pandemic.
Cambodia Post
The Cambodia Post...
Pepper Association Reports Lower Yields, Sales
The Kampot Pepper Promotion Association has sold just 50 tonnes of the coveted commodity, an 80 percent drop compared to last year.
The dip in...
Cambodian Business Registrations Dropped in 2020
The Cambodian Ministry of Commerce has reported that the number of businesses registered in the Kingdom dropped by nearly 41 per cent in 2020.
In...
Hoteliers, Restauranters, Housekeepers, And Baristas Alike To Be Spotlighted At THAIFEX...
Action-packed events, including the THAIFEX - HOREC Academy, the Thailand Ultimate Housekeeping Challenge, and the ASEAN Barista Team Championship will be held at THAIFEX...
World Bank Revises Growth Forecast
In its latest report, the World Bank has revised its forecast of the Kingdom’s real economic growth for 2017, lowering it by 0.1 percentage...
EuroCham: Confidence In Cambodia Dips Pre-Election
The perception of Cambodia’s competitiveness on a regional scale has not markedly changed, as the country remains attractive mainly due to its low cost...
With Support From Japan, Mass Transit System On Track
The government yesterday reassured the public that the automated gateway transit (AGT) system, an electric-powered mass transit system that will link Phnom Penh’s city...
Power Access Spreads But Reliability Problem Persists
Access to grid electricity has expanded to 71.5 percent of households but the reliability of power supplies can be improved, the World Bank says...
Tax Incentives To Encourage Listings In Bourse
Companies listed in the local bourse are entitled to a 50 percent deduction in income tax, according to a sub-decree issued earlier this month.
Sub-decree...
NBC Key Takeaways – Financial Stability Report 2021
The recently released Financial Stability Report 2021, from the National Bank of Cambodia (NBC), shows that Foreign Direct Investment (FDI) into Cambodia in 2021...
PTT Oil & Retail Plans $100M Oil Depot Investment In Cambodia
PTT Oil & Retail is planning to invest USD $100 million in the development of an oil depot in Cambodia.
According to a report in...
ThaiBev To Build New Beverage Factory In Cambodia
Thailand-based media reported that ThaiBev, the Singapore-listed food and beverage company, will expand its operations internationally and spend 4 billion baht (USD $105 million)...
Aid Agencies Agree To Help Grow Cambodia’s Agriculture Sector
The United States Agency for International Development (USAID) and the International Fund for Agricultural Development (IFAD) jointly agreed yesterday in an agreement to earmark...
Plans To Export Longan To Thailand Well Under Way
Cambodia hopes to start exporting longan to Thailand in the near future, with the two countries planning to sign an agreement on phytosanitary requirements.
Longan...
PM Hun Manet Malaysia 2024 Visit – Economic And Security Agreements
Cambodian Prime Minister, Hun Manet, paid an official visit to Malaysia on February 27, 2024. He engaged in several bilateral meetings on his one-day...
Common Market Opens In Kampot City
Tourists and locals visiting Kampot can now find organic vegetables, fruit, seafood and a range of other local products after a new market opened...
Cambodia Wants Bulk Agro Negotiation With China
Cambodia urged China to consider a package deal in negotiations on sensitive sanitary and phytosanitary issues regarding exports of agricultural products to Beijing, said...
Acleda Aims For Full Digitalisation Of Branch Offices
Acleda Bank, one of the biggest commercial banks in Cambodia, aims to have all its branch offices in Cambodia fully digitalised in the near...
Thai Firms Look To Plug Into Demand For Appliances In Cambodia
Thailand expects exports of electrical and electronic components and devices to Cambodia to grow to about $50 million this year due to high demand.
Cambodia...
Makro To Build Commercial Centre In Siem Reap
International cash and carry brand Makro will build a commercial centre in Siem Reap, following the approval of the investment by the Council for...
Garment Sector Improvements Recommended
The Asean Macroeconomic Research Office has released a report advising the government and main garment association on how to improve the economic outlook of...
Vegetable Production Programme Bears Fruit
A government initiative to reduce vegetable imports is bearing fruit, with Siem Reap province producing 1,432 tonnes of veggies last year, according to a...
Cambodian General Department of Digital Economy Established
The Cambodian General Department of Digital Economy will set out to work on developing the digital economy in Cambodia and operate under the Ministry...
Private Sector Gathers To Discuss Upcoming Minimum Wage Law
The upcoming Minimum Wage Law is likely to be adopted in a sector-by-sector basis, with construction and hospitality being the first industries affected by...
Where is Cambodia spending its money online?
Cambodia’s market value of e-commerce increased to $970 million in 2021 which was an increase of 19 per cent from $813 million dollars in...
Phnom Penh Set For Return Of Water Festival 2023
The 2023 Water Festival will return to the Tonle Sap River in front of the Royal Palace in Phnom Penh, following a three-year hiatus...
BRCM’s Latest Investment To Bolster Local Gaming Industry
Cambodia-based private equity firm Belt Road Capital Management (BRCM) announced the acquisition of a 40 percent stake in locally-owned Sabay Digital Corporation (Sabay).
The investment...
ASEAN-Cambodia Business Summit: Promoting Integration and Connectivity In The Mekong Region
EuroCham Cambodia, in partnership with ARISE+ Cambodia, other regional European chambers of commerce, and the EU-ASEAN Business Council, successfully organised the ASEAN-Cambodia Business Summit...
THAIFEX – HOREC ASIA Announces HORECA Innovation Award Winners
The inaugural THAIFEX – HOREC Innovation Awards deliver insights into the latest game-changing sustainable products and solutions that are elevating standards in the HORECA...
Cambodia Mid-Year Financial Report Card 2022
The mid-year financial results have started to be released by the various government ministries which provide an indicator of the economic recovery and business...
Crop Insurance In The Spotlight
To spread awareness of the importance of insuring crops and build trust for the product among Cambodian farmers, the German national development agency, known...
Local Fish Yields On The Rise
Freshwater and marine fish yields increased slightly during the first half of the year, with illegal fishing activity waning as a result of official...
Income Level Target Too Ambitious: WB
The World Bank yesterday advised Cambodian policymakers to allow more time for the country to become an upper-middle income economy, asking the government to...
Mesco Gold Awarded First Mining Licence
The government has just issued the first commercial mining licence, marking a milestone for Cambodia’s nascent mining industry.
Mesco Gold, the recipient of the licence,...
Cambodia To Host 2018 China-ASEAN Expo
Cambodia will host the 15th China-ASEAN Expo next year to showcase business opportunities in the regional grouping and also to attract more investment and...
Amru To Improve Rice Supply Chain
Local rice miller and exporter Amru Rice has confirmed a three-year deal for a sustainable rice platform (SRP) with the International Financial Corporation (IFC),...
RCEP To Help Open Up Markets For Cambodia
The Regional Comprehensive Economic Partnership (RCEP) has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute...
Contract Farming A Potential Saviour For Rice Farmers
The current struggles of Cambodia’s rice industry could be alleviated by a contract farming model, according to agricultural experts from Hong Kong-based independent think...
Hospitality And F&B Exhibition Kicks Off
The sixth edition of the Camfood and Camhotel expos began yesterday in Phnom Penh with the aim of promoting the local cuisine and hospitality...
Tax Collection Up 17.5 Percent
The General Department of Taxation collected $1.69 billion in tax revenue during the first nine months of the year, an increase of more than...
Business Unfazed By Current Political Strife
The Cambodia Chamber of Commerce yesterday moved to allay fears that ongoing political turmoil could affect the business community, saying no local firms have...
Cambodia Looks To Broaden Trading Partnerships – Establishes First UAE Commercial...
Cambodia has opened its first private commercial centre in Abu Dhabi, the capital of the United Arab Emirates, and participated in the 2024 Cambodia-UAE...
Regional Eco-friendly Agriculture Policy Plan
Agriculture leaders from the Great Mekong Subregion are working to boost countries’ focus on safe and environmentally friendly agriculture value chains with an aim...
Moody’s Investors Service upholds Cambodia’s B2 rating
According to Moody’s Investors Service 2021 Inside ASEAN report, Cambodia has been graded with a B2 rating.
The report, released on March 29, 2021, said:...
AmCham Cambodia “Mid-Year Review: Real Estate and Construction Law Update” 2023
On June 23, 2023, AmCham Cambodia hosted its “Mid-Year Review: Real Estate and Construction Law Update” with 70 attendees finding out more about the...
The Spice Is Right For Vast Mondulkiri Pepper Plantation
A 1,000-hectare estate in Mondulkiri province is being developed by Welt Bio Co Ltd, a wholly-owned local subsidiary of South Korean confectionary giant Sam...
AmCham Delegation Explores Investment Opportunities In Sihanoukville
The American Chamber of Commerce in Cambodia (AmCham) organised a delegation visit to Sihanoukville on November 17, 2023, focused on evaluating the coastal province’s...
SEARA Sports Offers Stand Up Health Solution For Office Workers
Sitting for the majority of the workday is what most office jobs afford – an accepted standard amongst professionals. But a wealth of reports...
Indonesia Urges Enhanced Collaboration Among ASEAN Nations
The close relationship between all ASEAN member nations needs to strengthen people-to-people contact in the economic field, such as cooperation between communities considering that...
Exports Up In First Quarter
Exports are up 12% in the first quarter of 2017 compared with the same period last year, thanks to the improved economic performance in countries...
Korean Bank Acquires Local Microfinance Firm
NH Nonghyup, a South Korean bank, was granted permission from the Cambodian central bank and the Department of Commerce to take over SAMIC, a...
World Bank Commits $540m To Cambodia
The World Bank will disburse some $540m from 2018 to 2021 to finance economic development in Cambodia to support the implementation of the government’s Industrial...
Foreign Investment In Cambodia Up 800% In 10 Years
Foreign investment in Cambodia has risen by 800% over the past decade, according to new data. Multinationals like Starbucks, Samsung Electronics, Toyota Motors, and Nike already have...
Cambodia Shielded By EBA As US-China Trade War Escalates, Moody’s Says
Moody’s Investors Service Inc said Cambodia is among East Asian countries that could benefit from the relocation and investment by firms looking to reduce...
Siem Reap Hotel Beats The World’s Best
Cambodia’s Viroth’s Hotel, based in the province of Siem Reap, has come out top of the 2018 Best Hotels in the world for travellers,...
Cambodia Wants US To Review Trade Deal
Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF), granted to the Kingdom as a...
ADB Backs Strong Cambodian Economic Growth
The Asian Development Bank (ADP) expects Cambodia’s economy to grow by 5.3 per cent in 2022 and 6.5 per cent in 2023, it announced...
E-Mart & Royal Group To Set Up Shop
South Korea’s largest retailer, E-Mart, will set up its first flagship store in the kingdom by the first quarter of 2019 after the department...
ADB Mantains Strong GDP Forecast for Cambodia in 2022
The Asian Development Bank (ADB) has reiterated its forecast for the Kingdom's economic growth at 5.3 per cent in 2022, however, it slightly dropped...
Retroactive Fees Dropped During April For Work Permit Applications
Foreigners employed in Cambodia who missed the March 31 deadline to register for a work permit have been given a remarkable reprieve by the Ministry of...
PTT To Help Cambodia In Oil And Gas Sector
The Cambodian Ministry of Mines and Energy and Thailand’s giant conglomerate PTT have signed a cooperation agreement to strengthen Cambodia’s technical knowledge in the...
New updates for Business Travellers to Cambodia
The Cambodian Government today, August 4th 2020, seems to have approved with immediate effect the new guidelines for business travellers wanting to come to...
Tariff Relief To Draw In 100 New Shoe Factories
The president of the Garment Manufacturers Association of Cambodia (GMAC) expects that the country can attract about 100 new footwear factories if it gets tariff relief...
Digitalisation Must Be A Priority For Businesses: Ministry
The Ministry of Posts and Telecomm-unications yesterday urged government bodies and companies operating in Cambodia to redouble efforts to digitalise processes and embrace the...
Ministry Lauds Businesses For Cutting Down Plastic Bag Usage
The Ministry of Environment yesterday praised local supermarkets and shopping centres for reducing plastic bag usage following legislation passed last year that requires them...
Cambodian Beer Brands Brewing Up Stronger Advertising Budgets
Television and print advertising by beer companies in Cambodia rose by 19 percent last year to hit $3.3 million, according to estimates by regional...
Thailand Warns Of Possible Ban On Cambodian Cassava
Thailand said it is considering imposing a ban on imports of Cambodian cassava following reports that the cassava mosaic virus has been found in...
Cambodian Aqua Culturist Association (CAA) forms
This week, the Cambodian Aqua Culturist Association (CAA) was launched in Phnom Penh to promote the aquaculture sector in the Kingdom. Veng Sakhon, Minister...
What do foreigners need to enter Cambodia during COVID-19?
The Royal Cambodian Government has lifted the ban on visitors from Iran, Italy, Germany, Spain, France and the US which were implemented since March...
World Bank: Cambodia Growing Fast
The World Bank says Cambodia, along with Laos and Myanmar are the fastest growing economies in East Asia.
Ellen Goldstein, the newly appointed World Bank...
Central Bank Urges Businesses And NGOs To Participate In Data Collection
The government on Friday highlighted the need for greater access to data to further the country’s development, urging the private sector to participate in...
US GDP Surges To Robust 4.9% Growth Pace In Third Quarter
The US economy grew by 4.9 per cent in the third quarter (Q3) of 2023, marking the country’s fastest economic growth pace in nearly...
Tax Cuts Promised For SMEs That Register With GDT
In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including...
Thailand, Cambodia Pledge To Strengthen Tourism Ties
With relations between the two countries at a high point, Cambodia and Thailand have agreed to boost cooperation in tourism to bring more tourists...
World Bank Bullish On Cambodian Economy
The World Bank increased its financial outlook for the Kingdom of Cambodia in May 2023 under its Cambodia Economic Update and raised its growth...
Cambodia Credit Bureau reports a surge in Q3 2020
The Cambodian property sector is starting to see signs of recovery due to the local demand reports Realestate.com.kh, while the Cambodian Credit Bureau (CBC)...
Agricultural Exports Grew By 11 Percent Last Year
During the last five years, agricultural exports have grown on average 7 percent per year, according to the latest report from the Ministry of...
Unesco-recognition For Cambodian Cities Still Faraway
There has been little progress so far in Cambodia’s bid to get three of its most scenic cities recognised by Unesco as world heritage...
Garments And Construction Engines Of Cambodia’s Robust Growth: WB
Despite a number of challenges—such as the uncertainty of upcoming elections, the envisioned E.U.-Vietnam free-trade deal and a rising US dollar—the outlook for Cambodia’s...
German Firm Signs Industry Pact With Kerry Worldbridge Logistics
Cambodia-based Kerry Worldbridge Logistics and InSITE Bavaria yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study to develop the first German-Cambodian industry...
Cambodian Bicycle Exports Remain Strong in 2021
The Kingdom of Cambodia has yielded great figures for the export of bicycles in 2021, generating $400 million from January-August confirmed by the Commerce...
Cambodia Digital Awards 2022
The largest National Technology, Communication and Information Awards in the Kingdom - the Cambodia Digital Awards (CDA) 2022 -is due to take place later...
Swedish Trade Deal Pursued By Cambodia
Cambodia is pushing Sweden to increase imports of its milled rice, with Prime Minister Hun Sen asking his Swedish counterpart Stefan Lofven at the...
Cambodian Business Outlook Remains Positive Through Elections
Experts have predicted that Cambodia’s economy will continue to benefit from political stability, following unofficial preliminary results of yesterday’s commune election showing that the...
Banjaran Asset Management Launches Cambodia’s First Collective Investment Scheme Fund
Banjaran Asset Management (Cambodia) PLC (BAMC) has successfully obtained approval from the Securities and Exchange Regulator of Cambodia (SERC) to launch the BAMC Asia...
Cambodia’s Manufacturing Sector: Opportunities And Challenges In 2024
A new publication from EuroCham produced as part of a grant provided by the Business Scouts for Development Programme of Deutsche Gesellschaft für Internationale...
Cambodian Economic Growth Nudges Ahead Of Predictions
Cambodia’s gross domestic product is expected to increase by 7.1 percent in 2017 and 2018, slightly higher than the estimate of 7.0 percent last...
Palm Sugar Association Requests EU Assistance
The Kampong Speu Palm Sugar Promotion Association has asked the European Union to help spread the word about Cambodian palm sugar in Europe, according...
Cellcard Won Fastest Download Experience in Cambodia A Second Time
Cellcard, the telecommunications company under the Royal Group, has once again been recognised as the provider of the fastest "Download Speed Experience" in Cambodia...
Transport & Logistics Forum 2023 – Key Lessons For Cambodia’s Development...
Eurocham organised the Transport & Logistics Forum 2023 in April 2023 which featured Cambodian Minister of Public Works & Transport, H.E. Sun Chanthol, presenting...
Draft Law To Help Protect Cambodian SMEs, Regulate Trade Flows
The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in...
Agricultural Sector Welcomes New $15m Fund
A new partnership between the US Agency for International Development Credit Authority (DCA) and three local microfinance institutions (MFIs) will see the creation of a...
Cambodia Underinvesting In Agriculture Research, ADB says
The Asian Development Bank (ADB) said that Cambodia is underinvesting in agricultural research which may impede the development of the sector.
In a report published...
New Transport Links eady for KNY
The Transportation Ministry is launching two transportation services this week in order to accommodate those traveling ahead of Khmer New Year.
The western railway service...
Operating Costs in Cambodia Are The Lowest In Asia
A report by Asia-Pacific business transformation consultancy TMX suggests Cambodia has the lowest operating costs in Asia, however, it did not rank as well...
Cambodia Urged To Focus On Good Corporate Governance
With the country’s economy expanding at break-neck velocity, the time has come for Cambodia’s private sectors and regulators to get serious about corporate governance...