RDB, World Bank Discuss $100-million Agricultural Diversification Plan

The Rural Development Bank (RDB) yesterday said it discussed with the World Bank the implementation of a $100-million, country-wide agricultural diversification programme designed to...

Indonesia Chamber of Commerce Cambodia Launches

The new Indonesia Chamber of Commerce Cambodia (IndoCham) has launched in September 2021. IndoCham's goals are to find more business opportunities in the Kingdom,...

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...

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...

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...

Economic Growth In Thailand For Q4 Falls Short Of Expectation

Thailand’s economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating...

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...

IMF predicts Cambodia will be fastest growing ASEAN economy by 2025

The International Monetary Fund (IMF) has projected that Cambodia will be the fastest growing economy in ASEAN by 2025, and even the third-fastest growing...

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,...

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...

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...

Thailand Bans Corn Imports Through Ban Khao Din

Thailand’s Ministry of Commerce last week announced a ban on field corn imports coming through Ban Khao Din, in the border with Cambodia. The ban...

German Business Cambodia, EuroCham and GIZ renew MoU

The GIZ Business Scouts for Development Programme (BSfD),  has extended its MoU between German Business Cambodia (GBC) and EuroCham until the 31st of December...

New Platform To Champion Sustainable Trade Globally

Sustainability Map, a new online platform that aims to enhance sustainable trade globally, chose Confirel, a local specialty food producer, as its first Cambodian...

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...

Cambodia’s Inaugural SME Park Set For Kandal Province

WorldBridge International (Cambodia) revealed plans on Friday to build the Kingdom’s first industrial park for small and medium-sized enterprises in Kandal province, following the...

ANU Archaeologist Releases Interactive Mobile App For Angkor Temples

Building on the success of the iBook “An Interactive Guide to Angkor” which was recently awarded the Pacific Asia Travel Association’s Gold Award for...

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...

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...

Major Event To Promote Cambodian Cuisine And Agriculture

The Cambodia Rice Federation and the Cambodia Tourism Federation announced this morning that they will co-host the Cambodia’s biggest agriculture and food event at the Diamond...

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...

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,...

Few Investors For Newest CSX Listing

A little over a month after joining the Cambodia Securities Exchange, the stock market’s newest listing has failed to attract much interest. Trading has been sluggish for...

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...

Khmer New Year Business and Holiday Travel Plans 2022

With the announcement from the Cambodian Prime Minister on March 7 that the country will hold the traditional Khmer New Year festival from April...

Local Firms Urged To Join Thai Trade Shows

The Thailand Convention & Exhibition Bureau (TCEB) on Thursday held a conference in Phnom Penh as part of its Asean+6 programme to promote Thai...

Festival To Promote Local Products

In a bid to promote the made-in-Cambodia brand, the Ministry of Commerce is urging local businesses to exhibit their products in the upcoming Tonle...

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...

Kampong Speu Palm Sugar Earns PGI Status In Europe

Kampong Speu province’s palm sugar this week was awarded geographical indication status in the European Union. The European Commission on Tuesday announced that Kampong Speu...

Ministry Partners With SCG To Upskill Construction Workers

The Ministry of Labor and Vocational Training has teamed up with Thai building materials company Siam Cement Group (SCG) to train construction workers through...

Cambodia Wind Power

Cambodia is set to sign a formal agreement to build a wind power station on Bokor Mountain in Kampot and add to its renewable...

Daun Penh Investment Among Funders Of Indian E-pharmacy

Indian online pharmacy Netmeds.com has secured $35 million in funding from one of the leading Southeast Asian business groups, Daun Penh Investment Holding, Singapore...

Phnom Penh’s New $1.5b Airport Gets The Green Light

The capital will soon be serviced by a new airport, which, according to a recent government announcement, will be built in Kandal province. The project,...

Thai Vending Machines Set For Cambodia

A local firm is to partner with a top Thai manufacturer to bring the latest self-service vending machines to Cambodia as part of a...

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...

Cambodia Chamber of Commerce To Open First Japanese Office

The Cambodia Chamber of Commerce (CCC) has announced it is planning to open its first representative office in Japan with the main aim of...

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’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...

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...

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...

Telcos and Mobile Devices in Cambodia

Cambodia is seeing an increased surge in demand for the internet, while mobile phone usage and other forms of digital technologies continue to increase,...

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...

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...

Plastic Bag Usage Under Scrutiny

In a narrow aisle crowded with boisterous shoppers inside Phnom Penh’s hectic Orussey Market, a small shop owner places an order for plastic bags...

Prince Group Chairman Chen Zhi donates US$2M more to Laos’ anti-COVID...

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, has donated US$2 million to assist the government of Laos in its efforts to combat...

Salt Yields Hampered By Labour Shortages

The Ministry of Industry and Handicrafts is holdings discussions with other ministries to find solutions to some of the challenges salt production faces in...

Cambodia Showcases Opportunities For Chinese Investors

Representatives from over 200 Chinese companies attended the Cambodia-China Business Forum yesterday at Garden City Hotel on the outskirts of Phnom Penh to discuss...

Rosewood Phnom Penh To Open Next Week

Seeking its piece of the pie in the luxury segment of the local hospitality industry, 5-star hotel Rosewood Phnom Penh will opened its doors...

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...

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...

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...

GDT Urges Suppliers To Secure Licences

In a bid to enhance tax revenue, the General Department of Taxation (GDT) yesterday called on all goods and services suppliers in the country...

Cambodian Certificate of Origin (CO)

Foreign investors, including the Japanese Business Association of Cambodia (JBAC), have asked the Cambodian government to reduce the cost of a certificate of origin...

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...

Korean Firm Unveils Energy Project

South Korean firm SK E&S Co., Ltd this week unveiled a project to build a liquefied natural gas (LNG) plant in Cambodia. The company, an...

Agri Expo Kicks Off In Phnom Penh

The second annual Agri Livestock Aqua Fisheries Cambodia Expo kicked off yesterday at Phnom Penh’s Diamond Island exhibition centre. The show, which aims to connect...

EU Funding For Fisheries Programme Confirmed

On Monday, European Union ambassador George Edgar confirmed funding for a $98 million project to support the local fisheries sector from 2019 to 2023. During...

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...

Luxury Villa Project Breaks Ground In Phnom Penh

Construction work for a new high-end villa project began yesterday in Phnom Penh.The Palms will cost an estimated $100 million and will be raised...

New MoU With Korea For Tech Centre

The Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the...

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...

2020 FM Global Resilience Index: Cambodia

Cambodia improved marginally on the 2020 FM Global Resilience Index, moving up to 112th from 114th place on the global rankings out of 130...

Investment Law To Be Revised

The government is gathering input from the private sector and development partners to amend the country’s Investment Law and make the country a more...

Kandal’s River Festival To Boost Made-in-Cambodia Brand

The Sun rises in the horizon as Sopheap busies herself preparing the products she will have for display during the River Festival, which starts...

EU Levies Tariffs On Local Rice

The European Commission has imposed tariffs on rice imports from Cambodia and Myanmar that, it says, are hurting farmers in the European Union. In a...

Prep For Digital Revolution Must Start Now, ADB Official Says

The government should start refashioning its institutions and policies as soon as possible to adapt to the fourth industrial revolution (4IR), which is already...

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...

Gasoline Retail Prices Creep Up In The Kingdom

Retail prices for gasoline have gradually increased by approximately 5 percent since December last year, raising concern from motorists that prices will hit the ceiling...

ADB Signs $250 Million Loan Deal

Cambodia and the Asian Development Bank (ADB) yesterday signed a new loan agreement for $250 million to finance projects in key development areas, according...

25 Capital-Provincial Investment Sub-Committees Launched

25 Capital-Provincial Investment Sub-Committees (CPISC) have been launched in Cambodia to help decide on private investment and resolve disputes related to investment projects to...

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...

EU Launches $124m Project To Boost Fisheries Sector

The European Union yesterday launched its biggest budget programme in the Kingdom to date. Named ‘Cambodia Programme for Sustainable and Inclusive Growth in the Fisheries...

Cambodia to update Immigration Laws in 2021?

A Cambodian ministry working group is currently drafting a new law on immigration to manage foreigners in the SEA country. New Cambodian Immigration Laws...

Milestone Solar Deal Reached

Shanghai-based Jinko Solar, one of the world’s leading solar module manufacturers, will participate in the construction of what will become the Kingdom’s largest solar...

Japonica Rice Ready For Farming

The government yesterday announced that a new rice variety known as ‘japonica’ is officially available for farming after having passed performance tests. Officially called ‘oryza...

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...

NBC Launches Ten Policies For Cambodian Economic Growth in 2022

The National Bank of Cambodia (NBC) announced it will introduce 10 core policies to support sustainable economic growth and recovery of the Kingdom in...

UK Hotel Chain To Invest In Cambodia

Cambodia is among several countries where a major hotel chain from the United Kingdom is planning to invest. According to a recent report in news...

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...

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...

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...

What is Cambodia’s Financial Outkook in 2021?

The financial outlook for Cambodia is constantly being evaluated due to the impact of the COVID-19 pandemic. We review the latest reports on the...

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,...

Makro Supermarket To Open This Year In Phnom Penh

A branch of the cash and carry supermarket Makro will open in Phnom Penh by the end of the year after construction kicked off...

Japanese Companies Expand Operations In Cambodia

Two of the largest Japanese firms with operations in the Kingdom are planning to build new facilities at Phnom Penh Special Economic Zone (PPSEZ). Nippon...

New Quality Certificate To Promote Made-in-Cambodia Brand Abroad

In a bid to increase consumer trust in locally made products and build up the made-in-Cambodia brand, a new government directive is urging businesses...

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...

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...

Angkor Air Strikes Four Codeshare Deals

Cambodia’s national flag carrier Angkor Air has reached deals on codesharing with a local airline and three international carriers. The company signed the deals last...

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...

Cambodian Tourism Businesses Recognised in International Awards

A number of Cambodian-based businesses, and the Kingdom itself, were recipients of international awards and accolades in October 2021. (Feature Photo Credit: SiemReaper.com) Condé Nast Traveller...

Realestate.com.kh Expo 2019 Set For October

Realestate.com.kh is excited to announce the fifth iteration of its hugely successful expo series. The company expects to push the local property sector to...

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...

Initial Construction Work For Twin Towers Begins

Initial construction work of the Thai Boon Roong Twin Commercial Centre in Phnom Penh started yesterday, according to an official who helped design the...

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...

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...

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...

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...

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...

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...
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