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…
NBC’s cross-border payment expanding to boost trade and investment
PHNOM PENH: The National Bank of Cambodia (NBC) is planning to expand its cross-border payment system to five more countries: Vietnam, Laos, Myanmar, China, and India. This is part of…
Remittances from Cambodian workers abroad estimated at 4.2 percent of GDP last year
PHNOM PENH: Cambodia's inflows of remittances from workers abroad were the third-highest in Southeast Asia after the Philippines and Vietnam as a share of gross domestic product (GDP) last year,…
Cambodia’s international trade recorded at over $19B in first five months
PHNOM PENH: The total trade volume between Cambodia and its partners worldwide reached more than US$19 billion in the first five months of 2023, down 14 percent compared to the…
New Kep province $10.5M coastal road underway
PHNOM PENH: The construction of over 11 kilometers of coastal road that links Koh Tonsay Port in Kep Province to Angkor Beach is underway and is currently about 60 to…
CKFTA boosts Cambodia and South Korea trade to next level
PHNOM PENH: In the first four months of 2023, the trade volume between Cambodia and South Korea amounted to $239 million, out of which Cambodia exported $91 million, indicating a…
Feasibility study on Sihanoukville logistics complex project launched
PHNOM PENH: A feasibility study on the Sihanoukville Logistics Complex project in Preah Sihanouk province was kicked off this morning after entering into an agreement in April to turn Cambodia…
CAIC, Singapore’s firm partner in providing MRO service at Techo international airport
PHNOM PENH: Cambodia Airport Investment Co., Ltd. (CAIC) and Singapore’s SIA Engineering Company Limited (SIAEC) have entered an agreement to form a line maintenance joint venture at the Techo International…
Techo international airport scheduled to commence early 2025
PHNOM PENH: The Techo International Airport (TIA), whose construction is about 50 percent complete now, is scheduled to commence in early 2025. Mr. Charles Vann, Director of Cambodia Airport Investment…
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,…
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…