Cambodia targets high-income country status by 2050: PM
PHNOM PENH: Cambodian Prime Minister Hun Manet has said that Cambodia has set a strategy to transform it into a high-income country by 2050. Hun Manet made the remarks at…
Korean largest commercial association visits Cambodia to explore agricultural cooperation and investment
PHNOM PENH: Minister of Agriculture Dith Tina met with the Korea International Trade Association (KITA) to discuss the possibility of exporting more Cambodian agricultural products to South Korea, promoting Cambodian…
RCEP to attract more investments to Cambodia in coming years
PHNOM PENH: The Regional Comprehensive Economic Partnership (RCEP) will play a crucial role in attracting more foreign direct investments to Cambodia and contribute to sustainable economic growth. The mega trade…
EIU ranks Cambodia among best investment destinations for Chinese market expansion, supply-chain development
PHNOM PENH: The Economist Intelligence Unit (EIU) has ranked Cambodia as the world’s sixth most attractive investment destination for market expansion by Chinese companies. In a report on China’s Belt…
Private sector playing a significant role for Cambodia’s development: PM speech
PHNOM PENH: The world is facing a number of major challenges, including geopolitical rivalry, the ongoing Ukraine war, and the COVID-19 pandemic. These challenges are putting pressure on peace, security,…
The factors driving foreign direct investment in Cambodia
PHNOM PENH: Cambodia has a stream of direct investment from many major countries, including South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, the United Kingdom, especially China and the United States.…
Cambodian PM asks South Korea to invest in agriculture
PHNOM PENH: Cambodian Prime Minister H.E. Kitti Tesaphibal Pundit Hun Manet has requested the Republic of Korea to further invest in the Cambodian agricultural sector. The Cambodian Premier made the…
Cambodia’s exports to RCEP countries increase by 21 percent in January-July
PHNOM PENH: Cambodia exported US$4.59 billion worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the January-July period of this year, up 21 percent from the same…
KB PRASAC Bank Plc. Officially launched, following the Merger between PRASAC MFI and Kookmin Bank Cambodia
PHNOM PENH: KB PRASAC Bank Plc. on 07 August 2023 is officially announced and launched following the merger between PRASAC Microfinance Institution Plc. (“PRASAC MFI”) and Kookmin Bank Cambodia Plc.…
South Korea interested in cashew processing investment in Cambodia
PHNOM PENH: Investors from South Korea eye the possibility of establishing a cashew processing plant in Cambodia to promote added value and boost exports. The intention was discussed on Aug.…
Cambodia exports to RCEP countries reach $4 billion in H1
PHNOM PENH: Cambodia exported $4,071 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the first half of 2023, a year-on-year increase of 24 percent, a…