Chinese Company To Dive Deep Into Cambodia’s Fish Market
The Ministry of Agriculture, Forestry and Fisheries signed an agreement yesterday with China Ocean Fishing Holding Limited (COFL) to start a $100 million joint...
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...
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...
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...
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...
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...
Commercial Gold Production in Cambodia
In June 2021, the commencement of commercial gold mining operations in the Kingdom of Cambodia was confirmed by the Prime Minister.
The gold mining production...
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...
Bluebell Group Launches Cambodian Partnership With WorldBridge Group
Bluebell Group, considered to be Asia’s leading luxury brand distributor and operator, formally announced the launch of its Cambodian operations in partnership with WorldBridge...
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...
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...
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...
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...
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...
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...
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...
H&M Confirms First Cambodian Store To Open in 2022
International fashion retailer H&M have confirmed their first outlet will likely open in Cambodia in 2022, although the location has not been revealed.
In the...
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...
Cambodia looks to expand its railways network
The railway network in Cambodia is relatively limited, with the lines running north and south catering for cargo and passengers. However, in recent years,...
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...
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...
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,...
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 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...
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...
Bug Bacon: Edible insects in Cambodia
Bug Bacon is exclusively available in Siem Reap, Cambodia and is said to be the 'World’s Highest Protein Soldier Grub Snack'. The edible insect...
KhmerSME: National SMEs Information Web Portal
The Cambodian Ministry of Industry, Science, Technology and Innovation is reportedly setting up another online portal, this one is aimed at small and medium...
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...
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...
Rubber Prices In Decline
The price that Cambodian rubber latex fetches overseas dropped by 10 percent since the beginning of the year, a fall that officials attribute to...
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,...
Growth To Continue In Cambodia’s Manufacturing Sector
The number of new factories opening in Cambodia during the first nine months of 2016 has risen by 11 percent compared to the same...
Solar Project Launched In Kampong Speu
Global Purify Power (GPP), a joint venture behind $400 million worth of solar powered projects, started groundbreaking work on Friday with more than $10 million...
First Cambodia-made E-bike To Launch In September
The first Cambodia-made electric motorcycles will soon be cruising around Phnom Penh.
Voltra Motors, a local scooter manufacturer, will officially launch at the beginning of...
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...
Solar Power Set To Shine In Bavet
Cambodia’s first large-scale solar power project is still in the trial testing stage, but is expected to be fully operational at the end of...
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...
China To Boost Tourism in Cambodia
China plans to establish a comprehensive tourism development plan for Siem Reap province, home of the famed Angkor archeological park.
In a meeting with Cambodian...
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...
Cambodia financial semi-annual 2020 Review
A number of financial reports have been released for the Kingdom of Cambodia for the first half of 2020. We review the latest data...
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...
Cambodian rubber exports rise in Q1 2020
A report from the Cambodian Ministry of Agriculture, Forestry and Fisheries shows that Cambodia’s rubber export increased 10% in the first quarter of 2020...
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...
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...
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...
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...
CSX Listed Companies Show Good Results From First Quarter
Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter...
Cambodian food-processing partnership signed
A partnership between Cambodian and Australian enterprises as well as Cambodian government representation have signed a deal to drive food-processing innovations through small and...
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...
ADB To Fund Solar Park Project
Cambodians will soon have access to more affordable power if the agreement signed on Monday between Electricite Du Cambodge (EDC) and the Asian Development...
New Building Seeks To Enhance Local Construction Standards
The World Trade Center Phnom Penh (WTCPP), a multipurpose complex built by Japanese investors, will be finished by mid-2021, serving as a centre to...
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...
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...
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...
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...
Cambodian Pepper Farmers Seek New GI Listings
Pepper production inched up to close to 12,000 tonnes last year with cultivation on 6,124 hectares, but unstable prices have led to calls for...
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...
Japanese Residential Building Breaks Ground
L’attrait, a new condominium building funded with $18 million from Japanese investors, broke ground yesterday in Boeung Keng Kang.
Standing 26 floors tall, the new...
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...
Industrial Park being constructed in Kampong Speu province
The Overseas Cambodia Investment Corp (OCIC) Chairman, Neak Oknha Pung Kheav, has confirmed his own company is building a 500-hectare industrial park in Kampong...
Delay Loan Repayments For Rice Farmers, Asks PM
A slowdown in demand for paddy rice on the global market has seen prices drop in Cambodia, with Prime Minister Hun Sen calling on...
Cambodia Key Tax Updates 2023
AmCham recently held the 2023 Tax Updates Forum and guests from DFDL and CamEd Business School discussed the key changes and updates in the...
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...
Cellcard Maintains Network ‘Speed Lead’ With Latest Ookla Tests
The latest Ookla results for network speeds in Cambodia have just been announced, again placing Cellcard as having the fastest 4G in the Kingdom.
The...
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 opens up coal mining opportunities
The Cambodian Ministry of Mines and Energy will soon review applications for the rights to four coal mining concession areas in the north of...
Big C Enters Competitive Phnom Penh Retail Market
Thailand-based grocery and convenience retailer Big C has opened its first branch in Phnom Penh in September 2021, to enter a very competitive retail...
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...
Cambodia still to benefit from EBA deal with the UK
Following the United Kingdoms decision to leave the EU, it will no longer follow European Union rules, and as a result, have decided not...
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...
Government Bonds To Enter Market By 2022
The government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to...
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...
Is Cambodian International Tourism Likely to Re-open in 2021?
As Q4 2021 approaches, there has been increasing speculation in the Cambodian media and online that international inbound tourism to Cambodia may re-open before...
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...
Svay Rieng $1 Billion Green Special Economic Zone
Svay Rieng town is set to have a green SEZ (Special Economic Zone) developed by QiLu (Cambodia), which is expected to cost up to...
Cambodian rice exports continue to grow in 2020
Cambodia has seen an increase in rice exports in 2020 compared to 2019, represented by a 17.11 per cent rise in the first 10...
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...
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...
CDC To Issue 35 Project Certificates In Industries
The Council for the Development of Cambodia (CDC) has preliminarily issued final registration certificates for 35 projects with a combined investment capital of $444...
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...
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...
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...
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...
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...
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...
Cambodia, Myanmar Trade Cooperation
According to the Ministry of Foreign Affairs and International Cooperation, Cambodia and Myanmar will encourage investment from small and medium enterprises and exchange agricultural...
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...
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...
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...
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...
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...
Local Derivatives Market Welcomes New Player
Alpha Gold Futures launched yesterday a derivatives trading service, becoming the latest addition to the kingdom’s nascent derivatives market.
The company is a joint venture...
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...
Best Rice To Be Decided In National Competition
The Cambodian Rice Federation (CRF) will host a competition on Wednesday to determine the finest rice in Cambodia, with the winning brand representing 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...
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...
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)...
PPSP Financial Reports Show Decline In Revenue
Phnom Penh SEZ—which trades on the Cambodian Securities Exchange (CSX) as PPSP—released its audited 2015 annual report and 2016 half-year financials yesterday, showing declines...
Cambodian National Information Technology Business Registration Platform
The Cambodian National Information Technology (IT) Business Registration Platform is set to launch in June 2020 according to the Ministry of Economy and Finance.
Online...
