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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...

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...

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...

FAO-backed Agricultural Sector Survey Kicks Off

The Ministry of Planning in collaboration with the Ministry of Agriculture, Forestry, and Fisheries will start conducting data surveys on the agriculture and fishery...

Food And Utilities Pushed Up Inflation In June Says Report

According to latest data from the National Bank of Cambodia (NBC), the country’s Consumer Price Index (CPI) stood at 2.34 in June last year...

Banks, Insurance Companies Must List In Stock Exchange

Securities industry insiders urged the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) to push for more banks and...

Cambodia To Host AMAF In 2020

Cambodia will be the host country for the 41st meeting of the Asean Ministers on Agriculture and Forestry (AMAF) in 2020, according to a...

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...

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...

SME Parks To Drive Up Competitiveness: Gov’t

Construction of the country’s first ‘cluster zone’ for small and medium-sized enterprises (SMEs) will not start for another few months, but the government is...

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...

New Tech Centre To Prepare Youth For Industry 4.0

As part of plans to adapt to technological trends, the government announced last week the construction of a centre inside one of the nation’s...

Ticket Revenue At Angkor Soars To More Than $85 Million

The government earned $85.5 million in revenue from the sale of tickets at the Angkor Archaeological Park during the first nine months of the...

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...

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...

Heifer, Khmer Organic To build Up Organic Agriculture

Heifer International Cambodia and Khmer Organic Cooperative last Friday signed a collaboration agreement that will give 35,000 smallholder farmers in 64 agricultural communities greater...

Cambodia Very Attractive To Belgium Firms

Investors and firms from Belgium have their eyes set on the kingdom due to its advantageous geographical location and investor-friendly policies, said representatives of...

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...

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...

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...

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...

Leading Solar Firm To Increase Investment In Cambodia

With one of the world’s highest average peak sun hours, Cambodia is an attractive market for any company operating in the thriving global solar...

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...

Cambodia Embarks On The Fourth Industrial Revolution

In today’s world, more countries are looking for innovative strategies to deal with the rising uncertainties they are facing. Asean, not cushioned from the...

Asean WEF Puts Spotlight On Industry 4.0 And The Young

At the Asean World Economic Forum (WEF), which kicked off in Hanoi yesterday, the emphasis was on the young, giving students and the general...

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...

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,...

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...

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...

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, France Bolster Tourism Cooperation

Cambodia and France this week agreed to strengthen cooperation to boost the Kingdom’s tourism industry, and expressed the intention to draft and sign a...

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...

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...

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...

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...

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...

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...

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...

Hong Kong Firm And UNDP Sign Partnership In Cassava Sector

A new public-private partnership aims to improve the livelihoods of local cassava farmers by guaranteeing a market for their products through contract farming and...

FAO-led Project To Boost Meat Quality In The Kingdom

A new partnership with the Food and Agriculture Organisation of the United Nations seeks to enhance the quality of local meat by modernising facilities...

Marubeni Corporation Signals Interest In Water Infrastructure Projects

Marubeni Corporation, a major Japanese business conglomerate, has expressed its intention to invest in water and sanitation infrastructure in the Kingdom, according to a...

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...

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...

RDB To Request An Extra $50 Million To Beef Up Agriculture...

The Rural Development Bank (RDB), a state-own institution, plans to request an additional $50 million to beef up the government-led emergency fund for the...

Cassava Mosaic Virus Now Affecting At Least Five Provinces: Ministry

The cassava mosaic virus, a disease with the potential to devastate whole harvests, is now present in at least five provinces in the country,...

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...

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...

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...

Hospitality, F&B Trade Fairs To Draw Leading Professionals

This year’s editions of the Camfood and Camhotel expos will attract leading local and international professionals from the hospitality and food & beverage industries...

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...

Local Mango Planters Can Still Depend On EU Market: Exporter

Despite the failure to export to China and South Korea local planters can expect a boost in the exportation of fresh mangoes to the...

China Should Invest In Battambang Milling Plant

The Minister of Commerce Pan Sorasak urged a Hunan-based company to take advantage of the vast, untapped potential in the agricultural sector and to...

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...

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...

Palm Sugar GI Status In EU Hits A Glitch

The process of obtaining geographical indication (GI) status for Kampong Speu palm sugar in the European Union suffered a setback this week after a...

Application For Emergency Loans In Rice Sector Now Open: RBD

Rice millers in need of capital can now apply for government emergency loans, according to the Rural Development Bank (RBD), the institution in charge...

Sweden Funds Hospitality Sector In Cambodia

Last week the Embassy of Sweden signed an agreement with the Shift360 Foundation to provide funding to support the Academy of Culinary Arts Cambodia...

New organic markets open in Siem Reap and Kampong Thom

Under its Boosting Food Projection programme, the government has now successfully opened eight markets for chemical-free vegetables in eight provinces across the country. Attending the...

NBC injects 238 bln riel into local banks through LPCO

The National Bank of Cambodia has disbursed more than 238 billion riel, about $58.5 million, in the first half of the year through its...

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...

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...

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...

New Hybrid Corn Seed To Be Ready For Use Next Year

After four years of research, Cambodian scientists have created the country’s first variety of hybrid corn, with hopes running high it will boost food...

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...

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...

CFA Community To Elevate Local Investment Practices

The Chartered Financial Analyst (CFA) Community, an association that connects all CFA members in Cambodia, was officially launched on Friday. Ratana Phurik-Callebaut, chairperson of the...

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...

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...

Korean Businesses Keen To Partner With Locals

A group of South Korean investors showed great interest in partnering up with local businesses at an event held this week to promote business...

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,...

Winners Of Inaugural Cambodia Real Estate Awards 2018 Announced

Organisers of the Cambodia Real Estate 2018 (CREA) are proud to reveal the winners of this year’s most prestigious event in Cambodia’s property sector. The...

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...

Korea To Help Improve Agriculture sector

South Korea has pledged to help Cambodia tackle some of the main issues affecting the agriculture sector. The pledge was made during talks last week...

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...

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...

Chinese Visitors To The Kingdom Spike

During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to...

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...

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...

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...

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...

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...

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,...

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 Venture To Invest In Local Tech Startups

OOCTANE Cambodia, a venture capital firm under the umbrella of the Worldbridge Group, announced yesterday the launch of a fund to invest in local...

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...

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...

Government Issues Regulation On Taxing Oil Production Operations

The Ministry of Economy and Finance issued a sub-decree this week detailing taxation requirements for oil production operations in the Kingdom. Sub-decree number 52, signed...

EuroCham Holds Tax Forum In Siem Reap

Eurocham Cambodia held Friday another edition of its prestigious tax forum in Siem Reap, an event that allowed members of the private sector to...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...
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