Can Cambodia become the next Asian Tiger? Funan Techo Canal could paves the way
PHNOM PENH: Cambodia is setting its sights on becoming the next Asian tiger economy, and the ambitious Funan Techo Canal project is a major stepping stone. This 180-kilometer waterway, connecting the capital to the coast with a budget of $1.7 billion, has the potential to be a game-changer. The canal promises a direct water route […]
Cambodia, Türkiye to increase trade exchange and strengthen people-to-people relations
PHNOM PENH: The Kingdom of Cambodia and the Republic of Türkiye have agreed to boost their bilateral trade exchange to US$1 billion in the future and the people-to-people relations through expansion of education cooperation and direct flights between the two nations. The remarks were made by H.E. Ms. Ülkü Kocaefe while paying here at the […]
Government not to mobilise funds from citizens for Funan Techo canal project
PHNOM PENH: The Royal Government of Cambodia (RGC) will not set up any fund raising for the Funan Techo Canal project so that no one will take the opportunity to take money from the people. The announcement was made by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of Cambodia, at a get-together with more […]
Cambodia pins enhancement of favourable investment climate to attract more investment
PHNOM PENH: The Royal Government of Cambodia has pledged to further enhance the investment climate and build more confidence of business persons and investors aiming to attract new investment to the country, Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of Cambodia, said yesterday. He made the remarks in a get-together with members of the […]
Three Chinese companies seek trade and investment opportunities in Cambodia
PHNOM PENH: A Chinese delegation, led by Mr. Wang Honggang, Deputy General Manager of China Energy Engineering Corporation, have sought for trade and investment potential and opportunities in areas of digital economy, energy and renewable energy in Cambodia. The intention was unveiled while the delegation, composed of senior representatives of three Chinese companies, namely Management […]
Cambodia exports processed fish products to Australia
PHNOM PENH: A fish processing enterprise – Home Taste Food – has exported its first batch of the processed fish products to Australia, becoming the first Cambodia’s firm exporting fish products officially to foreign markets. Some 4.7 tonnes of processed fish products have been shipped to Australia, said Mrs. Sim Sereyroth, founder of the Home […]
Cambodia exports rubber worth $100 million in Q1
PHNOM PENH: Cambodia exported US$100.5 million worth of dry rubber in the first quarter (Q1) of this year, up 8 percent from US$92.9 million recorded in the same period last year, a report of the General Directorate of Rubber of the Ministry of Agriculture, Forestry and Fisheries showed. A total of 69,322 tonnes of Cambodian […]
Investors encouraged to invest in Cambodia-China industrial park
PHNOM PENH: Cambodia and China have organised bilateral trade and investment promotion meeting to boost investment in their Industrial Park. The event took place at Sokha Phnom Penh Hotel on April 24 under the presidency of H.E. SEANG Thay, Secretary of State at the Ministry of Commerce. According to the ministry, the purpose of this […]
Cambodia seeks US expertise and investment through official visit
PHNOM PENH: Cambodia is reaching out to the United States for continued partnership on multiple fronts. During a farewell meeting with outgoing US Ambassador W. Patrick Murphy on April 24th, Cambodia’s First Deputy Prime Minister, H.E. Sun Chanthol, expressed his appreciation for Ambassador Murphy’s work in strengthening bilateral relations. Cambodia called for the US to […]
Cambodia records 22 percent rise in foreign tourist arrivals in Q1
PHNOM PENH: Cambodia attracted 1.58 million international tourists in the first quarter (Q1) of 2024, up 22.5 percent from 1.29 million in the same period of 2023, said a Ministry of Tourism’s report released on Wednesday. Thailand topped the chart among the international arrivals to the Kingdom in the above-mentioned period with some 449,781, a […]
Cambodia earns $543 million from exports of raw cashew nuts in first three months
PHNOM PENH: Cambodia exported US$543 million worth of raw cashew nuts in the first quarter of this year, a year-on-year increase of 13 percent, according to a report of the Cashew Nut Association of Cambodia. The Kingdom exported a total of 424,000 tonnes of the total production of 474,000 tonnes to Vietnam, the source said. […]