Cambodia Inks Deal With IFC To Develop New Sihanoukvlle Logistics Hub

The Cambodian Ministry of Public Works and Transport has established a public-private partnership (PPP) for a logistics complex in Sihanoukville province and signed a...

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...

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...

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...

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 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...

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...

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...

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...

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...

Council Of Ministers Approves Key Commerce Draft Laws

The much-anticipated E-commerce and Customer Protection laws were approved on Friday by the Council of Ministers in a meeting chaired by Prime Minister Hun...

Cambodia Economic Review 2022

With the final economic data still to be released for 2022 pending Q4 results, we take a look at the economic data released thus...

Corporations Urged To Adopt Good Governance

Commercial firms should adopt codes of good governance to bring integrity and success to their businesses, a key insider said at the ‘Case Study...

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...

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...

ADB Approves $7.6 Million Loan For Solar

In a bid to promote the development of renewable energies in the Kingdom, the Asian Development Bank (ADB) on Friday approved a $7.64-million loan...

Angkor Tourist Visitors down 99% in the first half of 2021

The tourist numbers heading to Angkor Archaeological Park, usually the jewel in the crown for the Kingdom's tourism, are down nearly 99 per cent...

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...

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...

Cambodia Sees Posiitve Trade Growth in Q3 2022

Cambodia has seen continued positive trade growth in 2022, with trade reaching USD $41 billion by the end of Q3 2022 and exports surpassing...

Port Shares End Slightly Higher On CSX Debut

Sihanoukville Autonomous Port made its debut yesterday on the Cambodia Securities Exchange (CSX) as the fifth publicly listed company on the bourse with shares...

Japanese Investment Worth $1.6 Billion In 2017

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6...

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...

World Bank Bullish On Cambodian Economy

The World Bank increased its financial outlook for the Kingdom of Cambodia in May 2023 under its Cambodia Economic Update and raised its growth...

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...

Solar must be prioritised over hydropower – association

With the country currently struggling with its power supply, Cambodia must prioritise the development of solar energy facilities over hydropower dams, the Solar Energy...

ASEAN-Cambodia Business Summit: Promoting Integration and Connectivity In The Mekong Region

EuroCham Cambodia, in partnership with ARISE+ Cambodia, other regional European chambers of commerce, and the EU-ASEAN Business Council, successfully organised the ASEAN-Cambodia Business Summit...

Cambodia is an oil producer

Cambodia has become an oil producer after KrisEnergy Ltd. confirmed Cambodia’s first offshore oil field had gone into production in the Gulf of Thailand. Kelvin...

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,...

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...

Kerry Worldbridge SEZ Opens Its Doors To Tech Industry

Kerry Worldbridge Logistics’ special economic zone began operating yesterday, with promises of boosting the high-end technology industry. The zone, a joint venture between Hong...

What Are The Determining Factors For European Investment Into Cambodia?

A survey report released in January 2024 titled “Cambodia's Attractiveness For EU Foreign Direct Investments”, conducted by ARISE Plus Cambodia and the German Agency...

Can Cambodia Achieve Its Clean Energy Goals?

In a week that saw the conclusion of Cambodia’s Clean Energy Week 2023, while COP 28 – the United Nations Climate Change Conference continues...

Agricultural Sector Welcomes New $15m Fund

A new partnership between the US Agency for International Development Credit Authority (DCA) and three local microfinance institutions (MFIs) will see the creation of a...

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...

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...

Garment Sector Improvements Recommended

The Asean Macroeconomic Research Office has released a report advising the government and main garment association on how to improve the economic outlook of...

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...

GSP Extension Comes Into Effect

The restoration of US’s Generalized System of Preferences programme became effective on Sunday, renewing access to duty-free privileges for Cambodian exporters. The extension of GSP...

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,...

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...

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...

GIZ Explains The Invest In Banteay Meanchey Project

GIZ has worked with the Banteay Meanchey provincial administration to launch a dynamic new website to promote investment and utilise geospatial information technology. Dr...

World Bank forecasts Cambodia’s 2020 growth to be -2.0 per cent

The World Bank has revised its 2020 growth forecast for Cambodia to -2.0 per cent, as the Kingdom faces key COVID-19 economic struggles. The World...

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...

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...

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...

Cambodia’s Rubber Exports To Face New EUDR Legislation

The impending EU Deforestation Regulation (EUDR) is set to have a significant impact on the Cambodian and Southeast Asian rubber export industry when they...

Hun Sen Calls For East Timor To Be In World Trade...

Prime Minister Hun Sen yesterday called for East Timor to be made a member of the World Trade Organisation (WTO), so the country can...

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...

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...

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...

Cambodian Maritime Infrastructure Projects Cruising Forward

A flurry of announcements from the government has provided updates on several maritime infrastructure projects, including seaports and coastal logistics centres with total investments...

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...

Construction Of Giant Coal Plan Continues As Scheduled

Construction of the massive coal-fired power plant being built in Preah Sihanouk, known as the CIIDG Erdos Hongjun Electric Power plant, will reach the midway point...

First Banana Shipment To China Confirmed

Longmate Agriculture Co has announced that it will conduct a test shipment of bananas to the Chinese market next month, which will be followed...

Thai Firms Look To Plug Into Demand For Appliances In Cambodia

Thailand expects exports of electrical and electronic components and devices to Cambodia to grow to about $50 million this year due to high demand. Cambodia...

Cambodian Agro-Industry Federation to be Formed

A Cambodian Agro-Industry Federation is set to be established with the process underway to form the body which will be tasked with boosting the...

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...

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...

KrisEnergy To Start Oilfield Development In Cambodia

Singapore-listed oil and gas firm KrisEnergy announced on Friday it had made a final investment decision (FID) to proceed with the first phase of...

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...

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...

US Embassy Organises ‘Restaurant Week 2023’ To Promote American Agricultural Products...

The U.S. Embassy organised 'Restaurant Week 2023' in Phnom Penh to promote U.S. agricultural products to the Cambodian business and culinary communities. The event...

Common Market Opens In Kampot City

Tourists and locals visiting Kampot can now find organic vegetables, fruit, seafood and a range of other local products after a new market opened...

ADB’s 2023 Growth Forecast For Cambodia Revised Down To 5.3%

The Asian Development Bank (ADB) has adjusted its forecast for Cambodia's economic growth in 2023 to 5.3 per cent, slightly lower than its previous...

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...

Amru To Improve Rice Supply Chain

Local rice miller and exporter Amru Rice has confirmed a three-year deal for a sustainable rice platform (SRP) with the International Financial Corporation (IFC),...

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...

MoC Urges Business Registrations as Single Portal Numbers Approach 14K

The Ministry of Commerce has urged all businesses to register (including vendors and traders) so they can reap the benefits of being a legal...

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...

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...

2023 Handbook on Investing in Cambodia Released

The "Handbook on Investing in Cambodia" was launched to provide local and international investors with critical knowledge about Cambodia's investment landscape. The 45-page book...

Cambodia Unveils EnergyTech Roadmap To Achieve Energy Security And Sustainable Development

The Ministry of Industry, Science, Technology, and Innovation (MISTI) of Cambodia released its 2023 Energy Tech Roadmap. This policy document aims to navigate the...

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...

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,...

DHL Global Connectedness Index 2024 Report – Cambodia Ranked

Singapore claimed the top spot in the DHL Global Connectedness 2024 Report which was released in March 2024, while Cambodia ranked at 60th out...

Business Unfazed By Current Political Strife

The Cambodia Chamber of Commerce yesterday moved to allay fears that ongoing political turmoil could affect the business community, saying no local firms have...

Cambodia’s E-Commerce Tax Revenue Hits $63 Million Milestone In Ten Months

The General Department of Taxation (GDT) has reported a collection of USD $62.82 million in value-added tax (VAT) from e-commerce in the first ten...

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...

Cambodia’s Path To Economic Formalisation

The UN Development Programme (UNDP) and the International Labour Organisation (ILO) have jointly released a comprehensive report titled 'Understanding the Paths to Formalisation in...

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...

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...

GI Status In Thailand Granted To Cambodian Pepper, Palm Sugar

Kampot pepper and Kampong Speu palm sugar have been awarded Geographical Indication (GI) status in Thailand, under efforts to prevent unscrupulous traders passing off...

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...

Cambodian Business Outlook Remains Positive Through Elections

Experts have predicted that Cambodia’s economy will continue to benefit from political stability, following unofficial preliminary results of yesterday’s commune election showing that the...

International Trade In Cambodia Reaches Almost USD $32 Billion In 2023

In the first eight months of 2023, Cambodia’s international trade volume amounted to almost USD $32 billion, according to the latest figures released by...

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...

2024 ASEAN-Australia Special Summit – We Unpack Cambodian Prime Minister Hun...

Cambodian Prime Minister Hun Manet was in Melbourne, Australia, to attend the ASEAN-Australia Special Summit from March 4-6, 2024 with several meetings held as...

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...

World Bank Outlines Key Pathways for Cambodia’s Economy

World Bank has released the key findings of its Cambodia Country Economic Memorandum (CEM) which looks at how the Kingdom navigates its way to...

Singapore Business Federation (SBF) Surprised By Cambodia’s Development

Singapore business delegates who are in Cambodia on a week-long fact-finding mission to look at investment opportunities have expressed optimism about the potential. Aquarii BD...

Minimum Wage In Cambodia To Increase To $204 In 2024

Starting from January 1, 2024, the minimum wage in Cambodia will increase to USD $204, marking a rise of USD $4. This announcement was made...

Realestate.com.kh Welcomes Simon Griffiths As Head Of Real Estate

Realestate.com.kh, the leading integrated real estate platform in Cambodia, is pleased to announce the appointment of Simon Griffiths as its Head of Real Estate. Realestate.com.kh...

Cambodian Aqua Culturist Association (CAA) forms

This week, the Cambodian Aqua Culturist Association (CAA) was launched in Phnom Penh to promote the aquaculture sector in the Kingdom. Veng Sakhon, Minister...

Chinese Encouraged To Invest More

More than 50 business leaders and investors from Dezhou city, Shandong province in China, are seeking investment opportunities and Cambodian partners in the fields...

Cambodia’s Tourism Ministry Seeks Travel Businesses To Showcase At International Tourism...

The Cambodian Ministry of Tourism announced in early February its intention to participate in the international tourism exhibition ‘ITB Berlin’, scheduled to take place...

Phnom Penh Set For Return Of Water Festival 2023

The 2023 Water Festival will return to the Tonle Sap River in front of the Royal Palace in Phnom Penh, following a three-year hiatus...

Annual Cambodia Climate Change Summit To Return In November

The Cambodia Climate Change Summit 2023 (CCCS23) will take place from 2-3 November at the Borei Angkor Hotel in Siem Reap, bringing together key...

Crypto Social Trading Exchange MoonXBT Signs MOU with SERC

On the back of the global cryptocurrency platform Binance signing an MoU with the Securities and Exchange Regulator of Cambodia (SERC) earlier in 2022, crypto...
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