Cambodia seeks increased EU investment through roadshows
PHNOM PENH: Cambodia is looking to attract more European investment, despite a current low volume from the European Union (EU). A high-level EU delegation, led by Mr. Peteris Ustubs (Director…
PM reaffirms benefits Of Funan Techo canal project
PHNOM PENH: Prime Minister Samdech Moha Borvor Thipadei Hun Manet has reaffirmed the importance of Funan Techo Canal project, in reaction to some criticism against this project. During his inspection…
$1.2 billion investment wave creates new 38,000 jobs for Cambodian
PHNOM PENH: Cambodia's economy received a significant boost in February 2024, with the Council for the Development of Cambodia (CDC) announcing $1.2 billion in approved investments. This surge in activity…
Cambodia’s exports up 22 percent in first two months
PHNOM PENH: Cambodia’s exports were valued at US$3,895 million in the first two months of this year, a 22.7 percent increase compared to the same period in 2023, pointed out…
Cambodia attracts $1.39 bln investment in first 2 months of 2024
PHNOM PENH: Cambodia approved fixed-asset investment projects worth 1.39 billion U.S. dollars in the first two months of 2024, a significant rise of about 500 percent compared to the same…
Experts cite strong growth, strategic initiatives as Cambodia’s economy takes flight
PHNOM PENH: The newly formed Cambodian cabinet has wasted no time in prioritizing economic development. Their proactive approach, evident in frequent international visits and a welcoming stance towards foreign investors,…
Cambodia welcomes continued investment from Vietnamese businesses
PHNOM PENH: On Wednesday, March 6th, 2024, H.E. Sun Chanthol, First Deputy Prime Minister of Cambodia, met with representatives from the Vietnam-Cambodia Business Federation Association (VCBA) led by their President,…
PM: new $600 million investment boosts Sihanoukville’s economy
PHNOM PENH: Sihanoukville is poised for a significant economic boost thanks to nearly $600 million in approved investments for two new projects. Prime Minister Hun Manet recently announced the green…
Minister Cham Nimol encourages Australian investment in Cambodia’s high-value-added sectors
PHNOM PENH: Cambodia is inviting Australian businesses and investors to increase their involvement in the country's high-value-added sectors. These sectors, which include agriculture and agro-processing, logistics, e-commerce, and digital technology,…
Cambodia, UK look to boost investment, trade ties
PHNOM PENH: Deputy Prime Minister of Cambodia, H.E. Dr. Aun Pornmoniroth, met with UK Minister for the Indo-Pacific, Rt Hon. Anne-Marie Trevelyan, on Monday. The meeting focused on strengthening bilateral…
Cambodia aims for 1 million affordable homes by 2030 in an ambitious project
PHNOM PENH: Agent21 Global and Shinhan Bank Cambodia PLC have joined forces with Korean investors to develop a staggering 500,000 to 1 million affordable homes for low- and middle-income families…