Cambodia, China ready to sign 7th MOU to boost rice exports
PHNOM PENH: Cambodia is in talks with China to sign the 7th Memorandum of Understanding (MOU) aimed at boosting Cambodian rice exports to China. The current agreement, signed in November…
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,…
Cambodia to establish a new special economic zone
PHNOM PENH: During the inauguration ceremony of Wat Chas at Kang Meas district yesterday, Dr. Hun Manet announced the Cambodian government’s latest initiative of creating a new special economic zone…
Khmer Enterprise signs multiple MOUs to boost innovation and expand operations
PHNOM PENH: On May 9th, 2023 in Incheon City, Khmer Enterprise’s multilateral MoU signing was one of the highlights at the Global Startup Builder Summit 2023, demonstrating their commitment to…
Third ring road confirmed for inauguration next month after delay
PHNOM PENH: According to the recent confirmation from the Senior Minister of Public Works and Transport, H.E. Sun Chanthol, the 53-kilometer-long Third ring road is scheduled to be officially inaugurated…
Japan offers improvement loans for a major road
PHNOM PENH: According to a press release yesterday from the Cambodian Ministry of Foreign Affairs and International Cooperation AKP, a loan of JPY 7,205 million (approximately US$52.6 million) will be…
$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,…
E-commerce tax revenue hits $26 million in four months
PHNOM PENH: H.E. Kong Vibol, the Director General of Cambodia’s General Department of Taxation, has recently confirmed that tax revenue generated through e-commerce transactions has totaled $26.81 million (108.57 billion…
FTB now joins CamDX membership
PHNOM PENH The Foreign Trade Bank OF CAMBODIA (FTB) has successfully met all the technical prerequisites and testing obligations to become a member of the Cambodia Data Exchange Platform (CamDX).…
China promises closer integration with Cambodia’s trade and investment
PHNOM PENH: China has committed to deepening its cooperation with Cambodia in several areas, including the economy, trade, investment, tourism, culture, agriculture, manufacturing, and infrastructure. This commitment was made during…