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...

Climate Change To Slash Cambodia’s Productivity: Report

Even if current levels of spending on climate change adaptation are maintained, rising temperatures in the Kingdom will continue to impact economic performance, reducing...

Commerce Minister Pitches For More US Investments

Minister of Commerce Pan Sorasak is urging more American companies to follow in the footsteps of Coca Cola Company and invest in Cambodia. Mr Sorasak...

‘Food Street’ To Be Built In Kampot Ahead Of Sea Festival

Kampot will be the first province to have a ‘Food Street’, an area with dozens of vendors offering local delicacies as part of a...

Ministry Encourages Planting Of Japonica Rice

The Ministry of Agriculture is encouraging companies and farmers to begin planting Japonica rice after a series of tests show it can be grown...

GDT Asks Citizens To Report Corruption

The General Department of Taxation (GDT) on Monday encouraged citizens and firms to file complaints against officials who demand additional money when collecting tax...

Ministry To Explore Waste-To-Energy Alternatives

The Ministry of Economic and Finance on Tuesday announced it is looking at processes of turning waste into energy as a partial solution to...

Sihanoukville To Welcome Four New Factories

The Council for the Development of Cambodia (CDC), the government body in charge of approving private and public investments, has green lighted four new...

New Chinese Airline Lands In Local Market

Shenzhen Airlines’ first flight to Cambodia landed at Phnom Penh International airport on Wednesday, officially making it the seventh Chinese air carrier to operate...

Alibaba In Talks With Thailand’s WHA Over E-commerce Park Site

Chinese e-commerce giants Alibaba are in discussions with WHA Corporation Plc, a Stock Exchange of Thailand listed company and the nation’s largest developer of...

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...

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...

Malys Angkor Crowned World’s Best Rice

Cambodian premium fragrant rice, Malys Angkor, won the World’s Best Rice award – the fourth achievement it earned for Cambodia, after landing second in...

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...

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...

Solar Company Unfazed By Storage Concerns

With the world increasingly turning to renewable energies to meet power demands, DMEGC, a Chinese manufacturer of solar panels, believes many of the problems...

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...

Palm Sugar Association To Expand Supply Chain

The Kampong Speu Palm Sugar Promotion Association on Monday announced that it is planning to add four new communes to its supply chain. The decision...

Government To Fight Oil Price Hike With Tax Cuts

Starting July 1, Cambodians will pay as much as 160 riel ($0.4) less for litre of gasoline, following tax cuts mandated by Prime Minister...

Two More Provinces To Be Able To Issue Certificates Of Origin

Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the...

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...

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...

Trade With US Normal, Claims Ministry

Despite a diplomatic row with the United States, the trade relationship between Cambodia and the US remains normal, the Ministry of Commerce’s spokesperson claimed...

Chemical Analysis Systems To Increase Food Safety

Local produce can now be checked for pesticide residue using the technique known as chromatography–mass spectrometry (LC-MS) after the Ministry of Agriculture acquired LCMS...

US Companies Eye ‘Enormous’ Potential Of Local Agriculture

A group of leading US firms invited by the US Embassy is now in Phnom Penh exploring investment opportunities in Cambodia’s agriculture sector. The group...

Flights From Phnom Penh To Indonesia On horizon

Direct flights between Indonesia and Cambodia are likely in the next three months because Indonesia is a major tourist market in Southeast Asia, according...

Steel Mill Discussed For Sihanoukville Industrial Park

Sihanoukville Special Economic Zone (SSEZ) may play host to a new steel mill built and run by a Chinese company, SSEZ’s marketing department chief...

Amru Rice Chosen For Asean Award

The Asean Business Advisory Council (Asean-BAC) has chosen Amru Rice Cambodia as the winner of the Golden Agrow Award. The accolade recognises firms, businesses, entrepreneurs,...

EBA Removal Won’t Affect Development Projects: EU

The potential cancellation of the Everything-but-arms (EBA) scheme will not have an impact on development projects in Cambodia funded by the European Union, according...

More Than $120 Million Raised At CSX

Since its creation in 2012, listed companies have raised more than $120 million at the Cambodia Securities Exchange (CSX), making the local bourse a...

Ground Broken For Cambodia’s First Oil Refinery

The joint venture behind an oil refinery, which officially broke ground yesterday, says it plans to build a chain of 300 petrol stations to...

Cambodia Launches Halal Certification And Label

A halal certification created by the Cambodian government is now available for companies that produce or sell food items in the kingdom. “Now we have...

Taxation Agreement With Singapore In Effect

The double tax avoidance agreement (DTA) between Cambodia and Singapore came into effect this month, helping clarify taxation rights on all forms of income...

New Airline About To Take Off

Cambodia Airways, a locally owned airline with $200 million paid-up capital, will launch operations in the next few weeks, operating local and international routes,...

Illicit Financial Flows Have Cost Cambodia Millions

A new report from US-based nonprofit Global Financial Integrity (GFI) has revealed that illicit financial flows ­– the illegal movement of money or capital...

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...

Withdrawal Of EBA Could Spark Rating Downgrade, Experts Say

The cancellation of the Everything But Arms (EBA) scheme would severely affect trade, investor sentiment, and the overall economy followed by a possible sovereign...

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...

Digital Economy Takes Centre Stage

Konrad-Adenauer-Stiftung (KAS) Cambodia yesterday launched its latest publication, a compendium of articles by local and international authors that describes Cambodia’s evolution in the last...

Update On Prakas 443

Following the promulgation of Prakas 443 on Seniority Indemnity Payment, all members of the forum decided to unify their advocacy efforts under the umbrella...

Public-Private Sector Forum To Be Held This Month

Business leaders will have a chance this month to discuss with public officials the most relevant issues affecting the sector at the Public-Private Sector...

Second Strike For Gold Prospector

Australia-listed Geopacific Resources announced yesterday it had made a second gold discovery in the Prospect 181 area of the Kou Sa project in the...

Government To Drop VAT On Agricultural Exports

Local firms will no longer be charged value-added tax (VAT) on exports of agricultural goods, Prime Minister Hun Sen announced Friday. The premier said dropping...

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...

Cambodia To Maintain Its Rapid Growth, Finds UN Report

Cambodia’s economic growth is forecast to continue at a healthy seven percent for 2017-2018, according to a United Nations report released yesterday. Strong exports by...

Official: Silk Centre A Model Of Innovation In Development

This year’s celebrations for United Nations Day will be held at the silk research centre of the Royal University of Phnom Penh, with an...

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...

New MoU With Thailand On Trade Across Borders

Cambodia and Thailand will sign a Memorandum of Understanding (MoU) on cross-border trade in early November to comply with Thailand’s new customs law, which...

Investments In Cambodia Are Safe And Secure, Says Premier

As Cambodia prepares to host the World Economic Forum on ASEAN in May, Prime Minister Hun Sen yesterday made a global call for more investment...

Construction Investment Up By A Third

Construction investment during the first half of the year reached $4.94 billion, a 27.44 percent year-on-year increase, according to a senior official at the...

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...

Solar Power Lights Up Cambodia’s Villages

Solar home systems are an appropriate solution to provide affordable, reliable and clean electricity in rural Cambodia, and the Green Microfinance Programme assists villagers...

US Project To Boost Aquaculture

A new US-funded programme seeks to strengthen food security in the country by developing the local aquaculture industry. Funded by the US Department of Agriculture,...

Local Bank And MFI Sector Continue Their Meteoric Rise

In 2017 the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks and microfinance institutions...

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...

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...

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...

KrisEnergy Nears Agreement For First Offshore Oil Extraction

Terms have been settled between Singapore-listed energy firm KrisEnergy Ltd and the Cambodian government to pave the way towards a production-sharing agreement for the...

Siemens To Expand Investment

Siemens on Friday pledged to expand its investment in Cambodia as a result of the country’s impressive economic growth. Armin Bruck, CEO at Siemens Singapore,...

Business Leaders Gather To Discuss Startup Regulation

Key figures of the country’s startup community gathered yesterday in Phnom Penh to share their views on how the local startup sector should be...

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...

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...

HK Firm Considers Local Soursops

A Hong Kong-based firm is eyeing imports of Cambodian soursop to produce juice, according to the Cambodian Center for Study and Development in Agriculture,...

Celebrating Chinese New Year

It’s Wednesday night. On any other day, businesses in the capital would be getting ready to close for the day just about now. But...

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...

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...

KrisEnergy All Set To Ink Extraction Agreement

The Cambodian government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way...

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...

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...

Siem Reap To Host LDC Roundtable Trade Meeting

Cambodia has been selected to chair the Global Coordination Bureau of the Least Developed Countries (LDCs), with Siem Reap hosting a roundtable meeting to...

Second Section Of Western Rail Line Opens

The railroad connecting Serey Sophorn in Poipet to Battambang, a section of the western rail line that runs for 65 kilometres, officially opened Sunday. The...

Prime Minister Lauds China’s Key Role In Development Of Cambodia

Prime Minister Hun Sen said yesterday that China has been playing a critical role in contributing to the development of the Cambodian economy through...

Moody’s Maintains Cambodia’s B2 Rating, Says Outlook Stable

Moody’s Investors Service Inc maintained a stable outlook while affirming Cambodia’s B2 long-term issuer rating on the back of robust gross domestic product (GDP)...

Government To Regulate Service Charges

In a bid to increase transparency between businesses and their customers in the tourism industry, the government has issued a directive regulating the use...

US To Examine Cambodian Food Standards

The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity...

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...

Cambodia Joins Global Real Estate Map

Cambodia is now officially featured in the map of the National Association of Realtors (NAR) after having joined the United States-based organisation last year. Headquartered...

Ministry Warns Against Intellectual Property Violations

The Ministry of Commerce vowed on Friday to crack down on importers and distributers violating intellectual property rights in the kingdom, particularly trademarks. The warning...

Garment Buyers Asked To Bring In Tech

The government is calling on international buyers to increase investment in the garment and footwear sector and to introduce new technologies to help modernise...

Nike Opens First Retail Store In Phnom Penh

American sporting goods giant Nike recently opened its first official retail store in Cambodia, underscoring the Kingdom’s economic development and its ability to attract...

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...

Cambodia’s Trade Reforms Praised

Canada on Tuesday urged the Cambodian government to continue its reforms to facilitate trade and investment, particularly in the garment sector. Donica Pottie, the Canadian...

SingMeng Acquires Digi Business, Reform Broadband And Digital Entertainment Market In...

Digi is announcing its operation merge with SingMeng Telemedia. The planned united operation will be from 1st October, 2018. These two well-known providers are collaborating...

Outbound Tourism Rose 30 Percent During Water Festival

Cambodian outbound tourism saw a 30 percent rise during this year’s three-day Water Festival, while long haul destination tour packages to Europe, Australia, US,...

National Grid To Reach All Provinces Next Year

The government says it plans to have all 24 provinces in the country connected to the national grid by 2020. Five provinces still lack access...

Prime Minister Says No To Seaweed Plantations

Prime Minister Hun Sen yesterday said he has rejected proposals for investment in seaweed plantations in Preah Sihanouk and Kep provinces. Speaking at the National...

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...

Cannabis Crops Could Save Cambodia’s Agricultural Sector

With Cambodia’s traditional cash crops struggling to compete in the global market, harvesting and exporting commercial cannabis could be the solution the Kingdom’s troubled...

Cambodia And Laos To Sign 2,400-megawatt Power Deal Today

Cambodia and Laos will sign an agreement today under which the Kingdom will purchase 2,400 megawatts from its neighbour, with the first transfer scheduled...

With Support From Thai University, Sericulture Sector Set To Flourish

In a bid to revive the local sericulture sector, Mahasarakham University, an academic institution based in Northeastern Thailand, is providing technical assistance to a...

World Bank Approves $1 Billion In Development Assistance

The World Bank has officially approved the disbursement of $1 billion to develop priority sectors in Cambodia, the Ministry of Economy and Finance announced...

Garment Industry Exports Up, Jobs Down

Exports grew at a solid pace in 2016, rising by 7.2 percent to $7.3 billion, but the number of registered exporting factories fell by...

Securities Regulator Seeks Financial Technology Prowess

The Securities and Exchange Commission of Cambodia (SECC), the regulator of Cambodia’s securities industry, yesterday signed a partnership agreement with Camnext Global to boost...

Cambodia Grew 7.5 Pct In 2018: World Bank

The Cambodian economy expanded by 7.5 percent last year, according to the World Bank’s Cambodia Economic Update, released on Monday. This better-than-expected growth was driven...

Agricultural Communities To Rise

In an effort to increase agricultural production and raise living standards for farmers, the Ministry of Agriculture is prioritising the creation of agricultural communities...

New Airport Car Park Opens Tomorrow

Starting tomorrow, all vehicles accessing Phnom Penh International Airport will be welcomed by a new hi-tech parking lot, which has been designed to ease...

Retail Investors On CSX Up 126 Percent

The number of retail investors on the Cambodia Securities Exchange (CSX) has more than doubled in 2018 after years of sluggish growth, the stock...

Startup Report Sneak Preview Unveiled At Tech Summit

A sneak preview of the upcoming Cambodia Startup Report by Raintree and Mekong Strategic Partners indicates that a larger number of local high-net-worth individuals...

$64 Billion Greater Mekong Subregion Action Plan

Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to...

Battambang Oranges Next In line For GI

Oranges from Battambang and Pursat may become the next product to be awarded geographical indication (GI) status in Cambodia, with the Minister of Commerce...
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