$1.1 billion new Siem Reap airport set to open as planned
PHNOM PENH: Construction on the new $1.1 billion Siem Reap Angkor International Airport is more than 98% complete, and the airport is scheduled to open as planned in October 2023.…
Cambodia sees sharp rise in digital payment, says NBC
PHNOM PEN: Cambodia has seen a significant rise in mobile payments as banks and financial institutions have introduced innovative digital payment services to support the growing demand and adoption in…
Sihanoukville tourism port inaugurated to boost visitor numbers
PHNOM PENH: A large tourism port has been inaugurated in Preah Sihanouk province to attract more visitors to its abundant natural attractions. The official inauguration of the Sihanoukville Tourism port,…
Cambodia’s milled rice export bags nearly $230 million in H1
PHNOM PENH: Cambodia exported a total of 329,633 tonnes of milled rice in the first semester of this year, earning some US$229 million in revenue, a Cambodia Rice Federation report…
NBC: Cambodia forecasts growth At 5.5 percent in 2023
PHNOM PENH: The National Bank of Cambodia (NBC) has forecast the country’s economic growth at 5.5 percent in 2023, with an expected yearly inflation rate of 2 percent. Still, external…
Cambodia’s real estate market: Challenges and opportunities for investors
PHNOM PENH: The real estate sector in Cambodia is still struggling to recover from the COVID-19 crisis and global recession. Experts believe that it will take longer than expected for…
Angkor archaeological Park revenue and tourist arrivals soar
PHNOM PENH: Angkor Archaeological Park in Cambodia has seen a surge in revenue and tourist arrivals in the first six months of 2023. According to a statement from Angkor Enterprise,…
NBC introduces convenient interbank transactions with CSS debit card
PHNOM PENH: Yesterday The National Bank of Cambodia (NBC) organized the official launch of the Cambodian Shared Switch (CSS) presided over by H.E. Dr. Chea Serey, Deputy Governor of the…
Cellcard sold over 9 million shares on IPO market
PHNOM PENH: Neak Oknha Kith Meng, Chairman of the Royal Group announced yesterday that Over 9 million shares were subscribed to by investors, as approved by the Securities and Exchange…
Cambodia welcomes 2.57 million foreign tourists in H1
Cambodia has welcomed some 2.57 million international visitors in the first half of 2023, a skyrocketing increase of 409 percent from 506,762 over the same period last year, the Ministry…
Chinese investment played a significant role in Cambodia’s economic development
PHNOM PENH: Cambodia has been experiencing strong economic growth for many years. As the economy grows, the country needs to increase its production capacity and attract investment. China is the…