Cambodia Sees Strong Tourist Rebound, Targets Pre-Pandemic Levels
PHNOM PENH: Cambodia's tourism industry is experiencing a strong rebound in 2024, with the first half of the year seeing a 22% increase in international arrivals compared to the same…
Cambodia Launches New Tourism Board to Boost Industry with Public-Private Partnership
PHNOM PENH: Cambodia has taken a major step forward in revitalizing its tourism industry by establishing the Cambodia Tourism Board (CTB). On June 27, 2024, Prime Minister Hun Manet signed…
World Bank Backs Cambodia’s Shift Towards High-Quality Growth with a New $275 Million Credit
PHNOM PENH: The World Bank is approving a $275 million credit to support Cambodia's transition towards achieving sustained, high-quality economic growth, according to a press release issued yesterday on AKP.…
AirAsia to Resume Direct Flights to Sihanoukville, Boosting Cambodia’s Tourism
PHNOM PENH: AirAsia announced plans to resume direct flights from Kuala Lumpur, Malaysia to Sihanoukville, Cambodia starting July 3rd. This move aims to capitalize on the growing tourist influx to…
World Bank Report: Cambodia’s Property Development Stalls After Brief Rebound
PHNOM PENH: A new report by the World Bank this month paints a picture of a sluggish Cambodian property development sector in the first quarter of 2024. The value of…
Five Things To Consider Before Buying Property in Cambodia
PHNOM PENH: It is fair to say that the Cambodian property market continues to see a correction in mid-2024 and that the buyer profiles for condos and other properties on…
Investing in People, Powering Tourism: Phnom Penh’s New Vocational School Nearly Completion
Phnom Penh's highly anticipated Tourism Vocational School is nearly complete, marking a significant step forward in investing in Cambodia's tourism industry. A recent inspection by the school's director, HE Chhay…
Cambodia and Singapore Strengthen Investment Ties
PHNOM PENH: Cambodia and Singapore pledged to boost cooperation in attracting investments to benefit both nations. This commitment came during a meeting between Cambodian and Singaporean officials accompanying Prime Minister…
Cambodia and India Launch Tourism Year with First Direct Flight
PHNOM PENH: Cambodia and India are launching a year-long initiative to boost tourism between the two countries. The "1st Cambodia-India Tourism Year 2024" kicks off today with an official ceremony…
Experts: Strong Cambodia-China Ties Drive Investment Surge
PHNOM PENH: Cambodia has seen a significant rise in Chinese investment, with China becoming the top investor in the country for May 2024. This trend aligns with the growing political…
Cambodia’s Investment Push in Europe Gets Positive Nod from Spain
PHNOM PENH: Cambodia's efforts to attract European investment received a boost after a successful visit by Deputy Prime Minister Sun Chanthol. During a "door-knocking mission" to Europe, DPM secured a…