China to attract more investments to Preah Sihanouk
PHNOM PENH: China has pledged to attract more investors to Preah Sihanouk province of Cambodia. The pledge was made by H.E. Wang Mingyu, Vice Chairman of the Chinese People’s Political…
IDI and CSMEA Sign MOU to promote Cambodian bird’s nest products
PHNOM PENH: Yesterday, the signing ceremony of a memorandum of Understanding (MOU) between the Innovation and Development Investors Association "IDI" and the Cambodian Swiftlet Bird’s Nest Manufacturer and Exporter Association…
IDI promotes investment in agriculture product and processing
PHNOM PENH: Last week, the Association of Innovation and Development Investors (IDI), led by Dr. Hor Sereyvath, Chairman of the Board of Directors, met with the Entrepreneurship Development Fund (EDF),…
Chinese firm to explore investment opportunities in tire manufacturing in Cambodia
PHNOM PENH: One of China's largest car tire manufacturing firms, Wanli Tires, a subsidiary of Guangzhou Industrial Investment Holdings Group (GIIHG), plans to open a tire factory in Cambodia. During…
Cambodia expects more Chinese visitor arrivals to drive tourism growth
PHNOM PENH: Chey Sreykhuoch, a souvenir vendor at the Angkor Archeological Park here in northwest Cambodia, is eager to see more Chinese tourists coming, saying they were the major source…
CGCC provides credit guarantees worth $150 million to businesses
PHNOM PENH: The Credit Guarantee Corporation of Cambodia (CGCC) has provided credit guarantees worth $149 million, especially to micro, small, and medium-sized enterprises (MSMEs), as of September 2023. Beneficiaries are…
CamEd and MISTI to strengthen financial skills to MSMEs
PHNOM PENH: On October 6, 2023, a delegation from CamEd Business School, led by Dr. Prum Virak, met with H.E. Minister Hem Vanndy, Ministry of Industry, Science, Technology & Innovation…
Cambodia launches 5-year national strategy for development of informal economy
PHNOM PENH: Cambodia on Tuesday launched a national strategy for the development of the informal economy for 2023-2028, aiming at bolstering protection, enhancing productivity, and fortifying the resilience of the…
Cambodia leads in mobile but lags in fixed broadband
PHNOM PENH: Among 14 emerging market and developing economies in East Asia and the Pacific, Cambodia ranks sixth in terms of access to mobile-broadband services, the World Bank says. In…
Government continues electricity subsidies
PHNOM PENH: Samdech Moha Borvor Thipadei Hun Manet, Prime minister of the Kingdom of Cambodia, has reaffirmed that the government will continue to subsidize electricity tariffs, contributing to reducing the…
AFD to continue cooperation in microfinance development with Cambodia
PHNOM PENH: The French Development Agency (AFD) is committed to continuing its cooperation in the development of the microfinance sector in Cambodia. The commitment was emphasized by Ms. Sandrine Boucher,…