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LATESTCAFE26 Opens in Phnom Penh as Cambodia’s Farm Exports Reach 15 Million TonnesCambodia’s Council of Ministers Approves 2027 Draft Budget, Targeting 4.8% GrowthTini Tinou Circus Festival Returns, Bringing 100 Artists to Siem Reap and BattambangCambodia’s Rice Exports Pass 1 Million Tonnes for the First TimeUpdated 1 d agoAll stories
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Surya Narayan

· 1,408 stories

Agriculture

RGC and FAO Collaborate on Strategy for Rice Market Expansion

The Royal Government of Cambodia (RGC), in partnership with the Food and Agriculture Organization of the United Nations (FAO), recently convened a national workshop aimed at devising a strategy to broaden the milled rice market. This initiative seeks to gather insights from various stakeholders to pinpoint and address challenges that hinder rice production capabilities. Cham…

Banking & Finance

Cambodia Advances in Digital Taxation and Public Service Payments

The Cambodian government is intensifying its efforts to streamline tax payments and public services through digitalization, as highlighted by officials during the Digital Government Forum held at the Koh Pich Convention and Exhibition Center. This event, titled ‘Sustainable and Inclusive Development through Digital Policy Implementation,’ was spearheaded by the Ministry of Post and Telecommunications. It…

Investment

Cambodia Seeks Increased European Investment

Despite a growing interest from European businesses, Cambodia observes a relatively modest number of European investment projects within its borders, as noted by Sun Chanthol, the Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. During discussions with Peteris Ustubs, the European Union’s Director for Middle East Asia and…

Diplomacy

ASEAN Digital Economy Forecasted to Surge to $2 Trillion by 2030

Prime Minister Hun Manet recently announced the potential for the ASEAN digital economy to expand from its current approximate $1 trillion value to $2 trillion by the year 2030. During his speech at the ‘Digital Government Forum and Digital Technology Expo’ held in Phnom Penh, Hun Manet highlighted the significant growth anticipated in the digital…

Cambodia

Completion of Techo International Airport’s First Phase Set for October

The initial phase of the Techo International Airport, sprawling across Kandal and Takeo provinces, is on track for completion in October of this year. The grand opening of the airport is anticipated for the middle of 2025, according to informed sources. Recent updates from the State Secretariat of Civil Aviation reveal that as of February…

Investment

Cambodia Sees Major Uplift in Investment Inflows in Early 2024

In the initial months of 2024, Cambodia has witnessed a substantial influx of investments, with approved fixed-asset investment projects amounting to $1.39 billion. This figure represents an approximate fivefold increase from the corresponding timeframe in the previous year, as reported by the Council for the Development of Cambodia (CDC). Chinese investments constituted a significant portion…

Agriculture

Significant Investment to Enhance Cambodia’s Fruit Processing Industry

Haoruidar (Cambodia) Co Ltd is poised to channel over $12 million into constructing a fruit processing facility in Preah Sihanouk province, targeting international markets while engaging directly with local farmers for fruit supplies. This initiative, as revealed by Long Dimanche, the deputy governor of Preah Sihanouk, has received the government’s nod and is set to…

Diplomacy

Cambodia Gears Up for 5G Network Rollout

Cambodia is set to embrace the 5G network across the nation, marking a significant leap towards advanced connectivity. The government’s initiative to integrate this cutting-edge technology was highlighted by Chea Vandeth, the Minister of Posts and Telecommunication, during the inaugural Digital Government Forum and Digital Technology Expo held at the Diamond Island Convention and Exhibition…

Trade

Cambodia Records Significant Growth in International Trade

In the first two months of the current year, Cambodia has seen a notable increase in its international trade activities, with a total trade volume of $8.12 billion, marking a 19.2 percent rise from the previous year’s figures. This growth is characterized by a substantial 22.7 percent increase in exports, totaling $3.98 billion, and a…

Agriculture

Strategic Dialogues to Bolster Agricultural Investments in Cambodia

The Council for the Development of Cambodia (CDC) alongside the Vietnam-Cambodia Business Association (VCBA) recently engaged in pivotal discussions aimed at enhancing collaborative efforts to spotlight and elevate the agricultural sector within Cambodia, specifically focusing on the rice and rubber industries, to Vietnamese investors. The overarching goal is to draw in increased investments to nurture…

Agriculture

Cambodia’s Revenue from Rice Exports Hits $65 Million

In the initial two months of 2024, Cambodia reported a revenue of $65.4 million from exporting 90,153 tonnes of milled rice. This represents a 7.2 percent decrease in volume and a 9.9 percent drop in earnings compared to the 97,153 tonnes sold during the same timeframe in the previous year, as per the Cambodia Rice…

Diplomacy

Royal Government’s Document Verification Platform to Enhance Public Services Delivery, States Cambodian PM

Phnom Penh, March 11 – Cambodian Prime Minister Hun Manet has emphasized the significant role of the Royal Government’s document verification platform, verify.gov.kh, in enhancing the delivery of public services to the nation’s citizens. The announcement was made during the Digital Government Forum and Digital Technology Expo’s inauguration at the Diamond Island Convention and Exhibition…

Education & Skills

Cambodia and South Korea Enhance Collaborative Efforts in Employment and Vocational Training

In a significant move to bolster employment and vocational education ties, Cambodia and South Korea have agreed to intensify their collaborative efforts. This enhancement aims at not only providing more job opportunities but also ensuring the welfare of Cambodian migrant workers in South Korea, following commendations for their commendable work ethics and integrity demonstrated by…