Opportunities And Barriers In Cambodia’s Solar Market

by Adolfo Perez-Gascon “If countries here adopt clean energy, and they do it the right way, there’s hope for the world,” says Ken Bradley, a...

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...

Taxes Target Used Car Imports

The government is considering increasing taxes on used car imports, and encouraging auto companies to set up assembly plants in Cambodia. Kun Nhem, director-general of...

Cambodian Airports Up Passenger Volume By 25%

Cambodia Airports has hit another milestone this year as eight million passengers have accessed the Kingdom’s three international airports. “Today, we have hit the...

Countdown To New Expressway

The new road connecting the capital with Preah Sihanouk province on the coast is one step closer to becoming a reality, with the Minister...

ADB-backed Solar Park To Be Ready In November

The results of a feasibility study on a 100-megawatt solar park conducted by the Asian Development Bank (ADB) will be available in November, just...

Mercedes-Benz In Cambodia: Q&A With James Zemke

Star Auto (Cambodia) is the authorised general distributor of Daimler AG for Mercedes-Benz passenger cars and commercial vehicles in the Kingdom. The company’s general director...

Admission to Cambodian Bar Association

On 19 March 2018 the Bar Association of Cambodia approved Sciaroni & Associates' senior partner’s application to be admitted as an attorney to practice...

Cambodia Smiles For Foreigners

Cambodia ranks 4th in the top ten most welcoming countries for foreign residents, the latest survey from Expat Insider shows. The survey rated Cambodia’s friendly...

First They Killed My Father Netflix Film Premieres In Siem Reap

The Cambodian premiere of First They Killed My Father took place at the Terrace of the Elephants at the Angkor Wat temple complex in...

Chip Mong’s Latest Retail Project Breaks Ground

Construction work for a massive, $200-million shopping centre built by Chip Mong Retail, a subsidiary of local conglomerate Chip Mong, began yesterday. Chip Mong 271...

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...

Gold Tower 42 to finish by 2019

Construction of controversial building Gold Tower 42, originally costing $420 million on the intersection of Monivong and Sihanouk boulevards, will resume shortly, with the...

Coca-Cola Open New $100 Million Production Plant In PPSEZ

American beverage giants Coca-Cola officially opened their new $100 million production plant on Monday with a ceremony presided over by Prime Minister Hun Sen, who revealed...

Inside Construction: A Master Plan For Phnom Penh

We publish an opinion piece from Pawel Siudecki, director of The Room Design Studio, regarding the necessity of an official Master Plan in aiding...

Raffles Hotels Bought By Hospitality Platform

Lodgis Hospitality Holding Pte Ltd has successfully completed the acquisition of two historic landmark hotels in Cambodia, the Raffles Hotel Le Royal Phnom Penh...

Cambodia Among Fastest Growing Economies In Region: McKinsey

Cambodia has emerged as one of the four recent economic outperformers in the Southeast Asian region, according to analyst firm McKinsey & Company in...

New Industrial Park Beckons Japanese Investment

Toyota Tsusho, the distribution arm of Japanese carmaker Toyota, officially launched on Friday its much-awaited Techno Park in Poipet’s Sanco Special Economic Zone, according...

Tiger Beer And WWF Celebrate The Global Tiger Day And...

Leveraging the universal language of fashion, Tiger Beer and WWF collaborate with fashion powerhouse KENZO and four emerging artists to create an exclusive collection...

More Than 300 French Firms Eye Cambodia

Hundreds of French companies could be making their way to Cambodia seeking investments in the garment, textile, tourism and agriculture sectors, according to French...

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...

Sihanoukville To Welcome New Marriott Hotel

Local real-estate firm Grand Lion Group reached a deal with US-based Marriott group to manage and operate a new five-star hotel in the coastal...

Chinese Group To Invest $1.5 Billion In Phnom Penh Satellite City

A $1.5-billion deal is being prepared for signature between Cambodian conglomerate LYP Group and China Minsheng Investment Group (CMIG), which will see the development...

New Electricity Bill Cuts Planned To Start In April

Starting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in...

Cambodia, Thailand Single Visa

Cambodia and Thailand have agreed to promote the use of single visa for foreign tourists, particularly among those traveling within the Ayeyawady-Chao Phraya-Mekong Economic...

Digital Signatures In The Making

A month after the release of sub-decree 246, the first directive in the kingdom to address digital signatures, the Ministry of Posts and Telecommunications...

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...

Construction Work To Renovate National Highway 5 Begins

The renovation of National Road 5 continues, with construction work on the section that runs from Prek Kdam area in Kandal to Thlea Ma’Am...

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...

Aviation Sector Sees More Than $3 Billion Investment In Last 20...

In the last 22 years, more than $3 billion has been invested in local air transport infrastructure, according to the latest report from the...

Date Palm Industry Set To Take Root In Cambodia

Date palm cultivation will be introduced to Cambodia following the signing of a memorandum of understanding yesterday between local firm Kheng Lay Co Ltd...

Protecting Intellectual Property Key To Innovation: Minister

Following an application from a local company to patent the process of turning banana trees into fabric, the Ministry of Industry and Handicraft reminded...

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...

IMF Forecasts Continued Economic Growth In Mid-term

The International Monetary Fund (IMF) yesterday said Cambodia’s gross domestic product (GDP) will hover around 7.25 percent in the near term due to strong...

A Question Of Ethics In the Cambodian IT Industry

The pervasiveness of software piracy in Cambodia and the lack of ethical behaviour in the industry is a theme raised repeatedly by our contributors...

Car Sales Revving Up In The Kingdom

The sales of cars in Cambodia – both old and new – experienced a remarkable increase last year, with no signs of taking the...

Tourism Sector Worth $3.6 Billion In 2017

Cambodia’s tourism sector earned $3.63 billion in revenue last year, an increase of 13.3 percent, according to the latest figures from the Ministry of...

Foreign Property Ownership in Cambodia – which is best for you?

For a relatively small city, Phnom Penh offers a broad selection of real estate options for foreigners looking to get into the market. From...

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...

IFC To Step-up Sustainable Agriculture In Cambodia

A new partnership between the International Financial Corporation, London-based Mars Food and local company Battambang Rice Investment Co., Ltd, seeks to boost sustainable farming...

NBC Recruits Banks For QR Code System

A new QR code-based payment system, which is being developed in cooperation with Thailand, will launch next year, representatives of the central bank announced...

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...

Cambodia’s First Customs Bonded Warehouse Zone

Key government officials and business leaders celebrated this week the opening of the first Customs Bonded Warehouse Zone in Cambodia.   The Kerry Worldbridge Special Economic Zone...

Angkor Revenue Up, Tourists Amount Down

According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million...

Digging Into The Health Food Market

Phnom Penh has seen a recent rise in healthy eating cafes and organic cooperatives; it seems as though the health consciousness that has swept...

Government To Incentivise Low-cost Housing Projects

As part of their new affordable housing policy, the government is calling on developers to submit proposals for low-cost housing projects under the promise...

New Terminal Launched In Sihanoukville Port

After more than three years of construction work to increase its cargo handling capacity, the conclusion of the expansion of Sihanoukville Autonomous Port was...

Cambodia To Reduce Foreign Debt

The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and...

Q&A: Anselm Chu, Managing Director & School Director, Singapore (Cambodia) International...

Singapore (Cambodia) International Academy (SCIA) is the first international school that offers a blend of authentic Singapore and Cambridge curriculum in Cambodia. SCIA is...

Cambodia’s First SEZ With Customs Bonded Area

Charles Esterhoy is the Chief Operations Officer at Kerry Worldbridge Special Economic Zone, Cambodia’s first customs bonded warehouse zone, whose groundbreaking ceremony took place...

Cambodians Take To The Skies, New Asia Routes Opening Soon

Chinese passenger arrivals via the three international airports are the main trend providing steady growth, a senior officer at Cambodia Airports says, but Cambodians...

Technology Leaders Gear Up For Industry 4.0

More than 200 entrepreneurs and investors in the country’s fledging technology sector gathered yesterday at the Tech Startup and SMEs Forum in Phnom Penh...

Nissan Motors Will Look At Electric Vehicles, Says Official

Cambodia could emerge as a key market for electric vehicles, given the high costs of fuel as well as the need for an environmental...

Management Skills Demand On The Rise

Phnom Penh employers are demanding increasingly qualified candidates to fill management posts, according to data relating to the last two years. A report on the...

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,...

Cellcard Awarded Cambodia’s Fastest Mobile Network At Mobile World Congress 2018

Cellcard has gained global recognition at Mobile World Congress 2018 in Barcelona, Spain, forbeing Cambodia’s leading mobile operator for 3G, 4G and overall download...

New Airport To Break Ground After Election

Construction of a new international airport in Siem Reap will start after the national election at the end of this month, according to a...

New Generation Of Cambodian Shoppers Looking Past Brands

Cambodian millennials are not particularly loyal to brands, and actively seek out new shops and products that off a personalised experience, a study conducted...

Cambodia, Thailand plan QR code-based payment system

Cambodia and Thailand are working on a new electronic payment system based in QR codes that will allow citizens of one country to shop...

Loans and deposits see ‘solid’ growth: Central bank

In the first half 2018, the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks...

GE Looks To Power Up Cambodian Electricity Supply

Cambodia’s goal of total nationwide electrification and carbon emission reduction of three million tonnes annually by 2035 will be kept firmly on track by...

E-commerce Site For Local Goods In The Making

The Royal Academy of Cambodia (RAC) is partnering up with e-commerce experts from Yunnan, in Southern China, to enhance online sales of Cambodian agricultural...

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...

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...

Cellcard Maintains Its Leadership In Network Speed

Cellcard has done it again, maintaining its leadership in network speeds across Cambodia as awarded by OpenSignal at the recent Mobile World Congress held...

New Partnership To Advance Local Social Security System

The National Social Security Fund (NSSF) yesterday teamed up with a Philippine insurance provider to boost the quality of the local social security system. Under...

Angkor Wat Ticket Revenue Up 18 pct

Cambodia earned $61.4 million in revenue from the sale of tickets at Angkor Wat during the first half of 2018, a hike of nearly...

Hospitality Establishments Continue To Increase

With international tourist arrivals and investment in the sector ostensibly on the rise, the kingdom saw a “tremendous” growth in the number of hotels...

Less Risk Equals More FDI, Says PPSEZ COO

Charles Esterhoy, Chief Operating Officer of Phnom Penh Special Economic Zone, says PPSEZ can relate to the Cambodian government’s current growing pains as it...

Government Issues Final Deadline To Register SIM Card Users

The government has set a new deadline for mobile network operators to have all their SIM cards properly registered. July 1 will be the last...

Adapting To Industry 4.0 A Top priority: Ministry

Cambodia is prioritising the adoption of new technologies in manufacturing and encouraging investment in sectors that are undergoing rapid technological innovation, according to a...

Direct Air Link With Beijing Announced

The capital cities of Cambodia and China will be connected by a direct flight for the first time starting November, a representative of China’s...

Trade With Japan Expands

Trade with Japan increased significantly during the first half of the year, with exports soaring 19 percent and imports growing by 9.5 percent, according...

Inflation In 2017 Low And ‘Manageable’

Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods,...

World Economic Forum On ASEAN Comes Into Focus

Sim Sokheng, the director-general for International Trade at the Ministry of Commerce, revealed last, Tuesday that discussions on trade and industrial development will be...

Fisheries Conservation Project Headed To Europe For Approval

The feasibility study on a promising fisheries-conservation project that will be financed by the European Union has been finished, and will now be presented...

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...

ADB Gets Behind Solar Project In Svay Rieng Province

The Asian Development Bank (ADB) has financially backed a project from Singapore's Sunseap Group to build Cambodia’s first large-scale solar power project under a...

The Benefits Of A SEZ With Bonded Warehouse

In July of this year, Kerry Worldbridge Logistics held the groundbreaking ceremony for the Kerry Wordbridge Special Economic Zone (KWB SEZ), an economic zone...

NBC Warns Against Online Borrowing

The National Bank of Cambodia (NBC) yesterday called for citizens to exercise caution when dealing with online and mobile lending companies, as many of...

Economy To Grow At 6.9 Percent In 2018, NBC

The economy will grow by 6.9 percent this year, according to projections from the National Bank of Cambodia (NBC), spurred by the robust performance...

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...

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...

Private equity could help struggling SMEs grow: CSX

Small and medium enterprises struggling to raise capital should consider private equity, said a senior official at the Cambodia Securities Exchange (CSX). Hong Sok Hour,...

Industrial Diversification Key For Growth, Experts Say

To maintain its current level of economic growth, Cambodia must climb up the regional value chain, expanding beyond garments and into more advanced, technology...

Cambodia Thanks Australia For Agriculture Support

Cambodia reiterated the important role Australia plays in the development of its agriculture sector and urged leaders of the Commonwealth nation to support the...

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...

Smart Cities To Be At The Forefront Of Upcoming Forum

With the next edition of the Cambodia Architect and Décor International Exhibition just around the corner, both government and private sector agree the future...

Agreement Protects Patents

Cambodia has received the details of the first 20 patents from companies as an agreement recognising Chinese intellectual property rights came into force officially. The...

Next Asean Meeting On Tourism Qualifications To Be Held In Cambodia

The second edition of a conference on the mutual recognition of professionals in the tourism industry across Asean member states will take place in...

Exports to US up 25 pct in Q1

Cambodian exports to the United States, the world’s largest economy, rose sharply during the first three months of the year following a marked increase...

Cambodia, Vietnam to boost border trade

Cambodia and Vietnam have agreed to boost their bilateral trade figures to $5 billion with the acceleration of a border trade agreement following an...

First They Killed My Father Gets Cinema Run

The first public screening of the Khmer-language Netflix film First They Killed My Father was held on Friday in Cambodia exclusively by Westec Media...

Star Auto’s Mercedes-Benz Dealership Opening Next Week

Star Auto (Cambodia), the Kingdom’s authorised Mercedes-Benz general distributors, will officially open the doors of their new Phnom Penh Autohaus with a grand opening...

Aeon Plans Grocery Store Chain Across Cambodia

The Japanese retailer behind Phnom Penh’s biggest shopping mall is to open 30 grocery stores to cater to the country’s growing middle classes. Aeon...

Economic Outlook Bright: ADB

The country’s economy outlook for 2018 is marked by robust export growth, strong foreign investment, sustained growth in the number of tourist arrivals, and...

Grab Seals Ride-share Deal With Uber

Singapore-based ride sharing company Grab yesterday announced its acquisition of the Southeast Asia operations of its giant American rival Uber, the deal came just...

Solar-Powered SEZ Planned For Kampong Chhnang Province

Tenants of an industrial park, to be built through a joint venture between Cambodian and South Korean investors on a 102-hectares plot in Rolea...

PAS’s New Terminal Ready By June

Construction of a new multipurpose seaport terminal in Sihanoukville Autonomous Port (PAS) will be finished in May, according to government officials and port representatives. Speaking...

Cambodia Eyes Water Transport Body

In a bid to address the high cost of logistics in the country, Cambodia plans to apply for membership at the Japanese branch of...
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