Handbook on investing in Cambodia launched
PHNOM PENH: Handbook on Investing in Cambodia” has been launched as a practical guide for foreign investors looking for opportunities in the Cambodian market, with a particular focus on the…
CDC approves five new investment projects in three provinces
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved five new investment projects in the provinces of Kampong Speu, Takeo, and Kandal. The CDC’s news release made…
The Signing Ceremony of Memorandum of Understanding between IDI, IDC and Prince Bank
PHNOM PENH: On July 10, 2023, the Innovation & Development Investors Association “IDI” and ID Capital Plc. “IDC” represented by Dr. Hor Sereyvath, IDI and IDC’s Chairman of the Board…
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.…
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…
Cambodia’s real estate market: Challenges and opportunities for investors
PHNOM PENH: The real estate sector in Cambodia is still struggling to recover from the COVID-19 crisis and global recession. Experts believe that it will take longer than expected for…
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,…
NBC introduces convenient interbank transactions with CSS debit card
PHNOM PENH: Yesterday The National Bank of Cambodia (NBC) organized the official launch of the Cambodian Shared Switch (CSS) presided over by H.E. Dr. Chea Serey, Deputy Governor of the…