PHNOM PENH: Cambodia’s cashew nut industry experienced significant growth in 2024, with production exceeding 850,000 tons, a 26% increase compared to the previous year. This surge in production translated into… Read More »Cambodia’s Cashew Nut Production Surges 26%, Exports Hit $1.15 Billion
PHNOM PENH: Spring Airlines, a Chinese budget carrier, has resumed direct flights between Xi’an, China, and Phnom Penh, Cambodia, after a pandemic-induced hiatus. The inaugural flight was welcomed at Phnom… Read More »Spring Airlines Resumes Flights to Phnom Penh, Boosting Chinese Tourism
PHNOM PENH: The coastal province of Koh Kong has entered a new era of connectivity with the arrival of the first flight at Dara Sakor International Airport. This historic event… Read More »200 Million USD Dara Sakor Airport Welcomes First Flight: New Era for Koh Kong
PHNOM PENH: As of October 2024, the total credit provided by banking and financial institutions to the economic sector amounted to 247,631 billion riels (equivalent to 60.9 billion USD), reflecting… Read More »Cambodia’s Economic Sector Receives $60.9 Billion in Credit
PHNOM PENH: The UN General Assembly on Dec. 19 adopted resolution A/79/L.49, Graduation of Cambodia from the least developed country (LDC) category, announced the UN in a recent news release.… Read More »Cambodia Scheduled to Graduate from LDC Category in 2029
PHNOM PENH: The Ministry of Economy and Finance and the Asian Development Bank (ADB) today signed concessional loan and grant agreements for five programmes. Including a previously inked programme, ADB’s… Read More »Cambodia, ADB Sign Loans and Grants for Diverse Development Projects
PHNOM PENH: Cambodia, ranking as Asia’s fourth-largest cassava exporter, is striving to increase the value of its cassava exports by shifting from raw material exports to domestic processing. According to… Read More »Cambodia Seeks to Boost Cassava Industry with Domestic Processing
PHNOM PENH: Prime Minister Hun Manet presided over the groundbreaking ceremony for the ambitious Mekong Quay City project in Arey Ksat city, Kandal Province, on December 17, 2024. Spanning approximately… Read More »PM Hun Manet’s 210-Hectare Vision: Mekong Quay City, a Boon for Cambodia’s Economy
PHNOM PENH-December 16, 2024: Prime Minister Samdech Moha Borvor Thipadei Hun Manet presided over the launch of the “Digital Platform for Onboarding the Informal Economy” today. This platform is a… Read More »PM says, “Digital Registration System is to Assist Informal Economy Workers, Not to Burden Them”
PHNOM PENH: The 54-story, 303-room Shangri-La Hotel, a US$580 million investment, officially opened on December 15, 2024, under the patronage of His Excellency Huot Hak, Minister of Tourism. Located on… Read More »Newly-Opened Shangri-La Hotel: A Strategic Move to Accommodate Future Tourist Surge
PHNOM PENH: Cambodia exported goods worth approximately US$23.93 billion during the first eleven months of 2024, up 16.8 percent from US$20.49 billion recorded in the same period last year, a… Read More »Cambodia’s Exports Up 16 Percent To US$24 billion From January-November
