February 2023
PAS earned nearly $130 million revenues last year
PHNOM PENH: The listed-Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP) posted revenues at almost US$130 million last year, the Ministry of Public Works and Transport’s report showed… Read More »PAS earned nearly $130 million revenues last year
Cambodia’s first world-class logistics center worth $300 million signed
PHNOM PENH: According to an IFC press release dated February 16, 2023, Singaporean and Cambodian companies have signed a new agreement with the International Finance Corporation (IFC) to develop a… Read More »Cambodia’s first world-class logistics center worth $300 million signed
Cambodia and Korea commit to continue supporting and cooperating
PHNOM PENH: The Republic of Korea (RoK) will continue supporting and cooperating with Cambodia, affirmed H.E. Park Jung-Wook, newly appointed Ambassador of RoK to Cambodia, during his courtesy call upon… Read More »Cambodia and Korea commit to continue supporting and cooperating
Tax income earned $300 million in January
PHNOM PENH: The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected some US$300 million as taxable income in the first month of 2023, up 4.29… Read More »Tax income earned $300 million in January
Phnom Penh-Bavet Expressway kicks off in H1 as planned
PHNOM PENH: Sun Chanthol, Minister of Public Works and Transport, recently confirmed that the Phnom Penh-Bavet Expressway project had not been canceled or delayed due to the completion of negotiations… Read More »Phnom Penh-Bavet Expressway kicks off in H1 as planned
Nearly 100 skyscrapers in Sihanoukville begin the reconstruction
PHNOM PENH: H.E Kouch Chamroeun, Governor of Preah Sihanouk Province, recently stated that more than 80 structures in the province have begun reconstruction following Covid-19 relief, with the remaining 200… Read More »Nearly 100 skyscrapers in Sihanoukville begin the reconstruction
Cambodia to boost agricultural products in the e-commerce market
PHNOM PENH, Feb. 15 (Xinhua) — Cambodia’s Ministry of Commerce and Lanton Cloud Service Technology Co., Ltd. have signed a memorandum of understanding (MoU) on strategic cooperation to promote the… Read More »Cambodia to boost agricultural products in the e-commerce market
German investors satisfied with investment environment in Cambodia
PHNOM PENH: German investors are satisfied with Cambodia’s investment environment which to them is very open and favorable. The satisfaction was underlined by a German business delegation led by H.E.… Read More »German investors satisfied with investment environment in Cambodia
Tokyo topped the chart for the 4th consecutive year
ASIA: In the ‘2023 Asia Pacific Investor Intentions Survey,’ Tokyo topped the list of target markets for cross-border investment for the fourth consecutive year, followed by Singapore, which came in… Read More »Tokyo topped the chart for the 4th consecutive year
Siem Reap new airport project’s budget spent 56 percent
PHNOM PENH: The construction company for the Siem Reap Angkor International Airport, which is located in the Sotnikum district of Siem Reap province, has committed to finishing the project on… Read More »Siem Reap new airport project’s budget spent 56 percent