Construction of Preah Monivong flyover is 25 percent complete
PHNOM PENH: As of July 12, 2023, the construction of the Preah Monivong flyover was achieved at 25 percent and the project is expected to complete in August 2025. The…
Cambodia, Singapore set up financial transparency corridor to support SMEs
PHNOM PENH: Cambodia and Singapore have reached a deal on setting up the Financial Transparency Corridor (FTC) initiative, facilitating trade and cross-border related financial services between small and medium-sized enterprises…
Construction of Techo international airport over 50 percent completed
PHNOM PENH: The construction of Techo International Airport is now over 50 percent complete for the first phase and is expected to be put into operation in 2025. The update…
Cambodia’s international trade tops $23 billion in H1
PHNOM PENH: Cambodia’s international trade amounted to $23.69 billion in the first six months of this year, a 13 percent decrease compared to the same period last year, the General…
$1.1 billion new Siem Reap airport set to open as planned
PHNOM PENH: Construction on the new $1.1 billion Siem Reap Angkor International Airport is more than 98% complete, and the airport is scheduled to open as planned in October 2023.…
Cambodia sees sharp rise in digital payment, says NBC
PHNOM PEN: Cambodia has seen a significant rise in mobile payments as banks and financial institutions have introduced innovative digital payment services to support the growing demand and adoption in…
Sihanoukville tourism port inaugurated to boost visitor numbers
PHNOM PENH: A large tourism port has been inaugurated in Preah Sihanouk province to attract more visitors to its abundant natural attractions. The official inauguration of the Sihanoukville Tourism port,…
Cambodia’s milled rice export bags nearly $230 million in H1
PHNOM PENH: Cambodia exported a total of 329,633 tonnes of milled rice in the first semester of this year, earning some US$229 million in revenue, a Cambodia Rice Federation report…
NBC: Cambodia forecasts growth At 5.5 percent in 2023
PHNOM PENH: The National Bank of Cambodia (NBC) has forecast the country’s economic growth at 5.5 percent in 2023, with an expected yearly inflation rate of 2 percent. Still, external…
Angkor archaeological Park revenue and tourist arrivals soar
PHNOM PENH: Angkor Archaeological Park in Cambodia has seen a surge in revenue and tourist arrivals in the first six months of 2023. According to a statement from Angkor Enterprise,…
Cambodia welcomes 2.57 million foreign tourists in H1
Cambodia has welcomed some 2.57 million international visitors in the first half of 2023, a skyrocketing increase of 409 percent from 506,762 over the same period last year, the Ministry…