CKFTA boosts Cambodia and South Korea trade to next level
PHNOM PENH: In the first four months of 2023, the trade volume between Cambodia and South Korea amounted to $239 million, out of which Cambodia exported $91 million, indicating a…
ROK interested in Cambodia’s logistics sector
PHNOM PENH: The Republic of Korea (ROK) has been committed to enhancing and strengthening bilateral relations and cooperation with Cambodia, particularly in the field of logistics. The commitment was made…
CAIC, Singapore’s firm partner in providing MRO service at Techo international airport
PHNOM PENH: Cambodia Airport Investment Co., Ltd. (CAIC) and Singapore’s SIA Engineering Company Limited (SIAEC) have entered an agreement to form a line maintenance joint venture at the Techo International…
Cambodia and UK to establish a joint trade and investment forum
PHNOM PENH: On May 26, Cambodia’s Minister of Commerce, H.E. Pan Sosak, and the UK Ambassador, H.E. Dominic Williams, signed an MoU to establish the Cambodia-UK Joint Trade and Investment…
Wing Banks now offer bancassurance services
PHNOM PENH: Wing Bank entered into a bancassurance partnership with Infinity General Insurance Plc, which aims to distribute various general insurance products through the established distribution network of Wing Bank.…
CDC signs important MOU with the wealthiest association
PHNOM PENH: On the morning of May 25th, 2023, the Council for the Development of Cambodia (CDC) and the Cambodian Oknha Association (COA) signed a Memorandum of Understanding aiming to…
Government spends over $1 billion for cash transfer programme
PHNOM PENH: The Royal Government of Cambodia has spent approximately 4,227 billion Riel (Cambodian currency roughly US$1,056 million for its cash transfer programme to support those hit hard by the…
$19 million bridge symbolizes Cambodia-Thailand economic growth
PHNOM PENH: The Cambodia-Thailand Friendship Bridge Project, also known as Stung Bot-Ban Nong Ean Bridge, is a symbol of the strong bond between these two countries. Located in Poipet City,…
ARDB to host regional financial institution association annual meeting
PHNOM PENH: State-run Agricultural and Rural Development Bank (ARDB) will host the 47th ADFIAP (Association of Development Financing Institutions in Asia and the Pacific) Annual Meeting from May 16-18, 2024,…
$300-Million tire factory In Sihanoukville SEZ officially inaugurated
PHNOM PENH: The US$300-million tire factory located in the Sihanoukville Special Economic Zone (SSEZ) in Preah Sihanouk province has officially been inaugurated with a production capacity of about 1.3 million…
PM: Textiles, garments, and footwear industries are the economy’s backbone
PHNOM PENH: During a gathering with workers and employees at the Sihanoukville Special Economic Zone in Preah Sihanouk province, Cambodian Prime Minister Samdech Techo Hun Sen stated that the textiles,…