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Surya Narayan

· 1,408 stories

Investment

PM Hun Manet Engages with Australian Business Magnates to Foster Trade and Investment

Prime Minister Hun Manet recently engaged with several prominent Australian business leaders, demonstrating a keen interest in forging trade partnerships and exploring investment avenues in Cambodia. This interaction occurred during his visit to Australia, coinciding with the ASEAN-Australia Special Summit in Melbourne. Among the dignitaries, Daniel Phillips, President of Aegros and Freshstart Logistics, part of…

Investment

SIAC Sets Stage for Enhanced Securities Market in Cambodia

The Securities Investors Association of Cambodia (SIAC) has been officially inaugurated with the aim of attracting more investors and advancing human resource capabilities within the Cambodian securities sector, which is witnessing a steady growth in the number of entities opting to list. During the launch event, SIAC President Yoeung Virboth shared that the newly formed…

Investment

CDC Greenlights Substantial Investments in Sihanoukville’s Development

The Council for the Development of Cambodia (CDC) is set to sanction two significant investment initiatives in Sihanoukville province, with a combined value nearing $600 million. This development follows a recent meeting between the CDC and the Preah Sihanouk Provincial Administration, where the evaluation of these two private investment proposals took place. The first initiative,…

Investment

Streamlined Online Registration for Investment Projects in Cambodia

In a significant move towards modernizing its investment registration process, the Council for the Development of Cambodia (CDC) is set to introduce an online system for registering qualified investment projects (QIP). This initiative aims to simplify the registration process, making it more accessible and efficient for investors. The CDC’s decision to launch QIP Online aligns…

Digital

Open AI’s Sora Poised to Transform Cambodia’s Digital Landscape

The technology sector is witnessing another leap forward with the upcoming release of Open AI’s latest innovation, Sora. This text-to-video generator holds promising prospects for Cambodian businesses across a multitude of sectors, offering a fresh avenue for content expression and marketing strategies. Nigel Miranda, Director of epenh.com, views Sora as a significant leap forward, providing…

Agriculture

SunRice Group Plans to Launch Rice Processing Facility in Cambodia for Global Exports

In a significant development on March 4, 2024, Paul Serra, CEO of Australia’s SunRice Group, met with Cambodian Prime Minister Hun Manet to discuss the company’s proposal to launch a rice processing facility in Cambodia aimed at exporting to international markets. During the meeting, Serra highlighted SunRice Group’s distinction as the inaugural Australian entity to…

ASEAN & Asia

Cambodia’s Participation in ASEAN Vision 2045 Planning Meeting

From February 27 to 29, 2024, Dr. CHEM Widhya, the distinguished Secretary of State of the Ministry of Foreign Affairs and International Cooperation for Cambodia, and the country’s representative for the High-Level Task Force on the ASEAN Community’s Post-2025 Vision (HLTF-ACV), took part in the 13th HLTF-ACV meeting held in Vientiane, Lao PDR. During this…

Investment

Cambodia Showcased as a Prime Business and Investment Locale at Seminar

In October 2022, Jakarta hosted a pivotal seminar titled ‘Cambodia: An Overlooked Destination for Business and Investment,’ a collaborative effort between Aquarii BD Cambodia and the Indonesia Chamber of Commerce in Cambodia (IndoCham). The event aimed to strengthen business ties, debunk myths, and refresh outdated views about Cambodia’s business environment. Drawing over 120 Indonesian entities…

Agriculture

Financial Sector Turns Its Focus Towards Agricultural Technology Innovations

An increasing number of financial entities, including Wing Bank, AMK Microfinance, and Boost Capital, are channeling their efforts into agri-tech, recognizing the pivotal role of technology in advancing the agricultural sector. These institutions are leveraging digital solutions to streamline processes and enhance the efficiency of agricultural operations. AMK Microfinance has recently taken a significant step…

Investment

Cambodia Open to Global Investors, Asserts Prime Minister Hun Manet

In a recent statement, Cambodia’s Prime Minister, Dr. Hun Manet, emphasized the country’s openness to investments from all around the globe, refuting claims of exclusivity towards Chinese investments. This declaration was made during a gathering with the Cambodian diaspora in Australia and New Zealand on March 3, 2024, where Dr. Hun Manet and the First…

Tourism

Angkor Enterprise Sees Significant Revenue Growth from Archaeological Park Ticket Sales

Angkor Enterprise, the official body for managing ticket sales to international visitors at Cambodia’s historic sites, has reported a substantial revenue increase in the first two months of 2024. The organization collected over $11 million from ticket sales at the Angkor Archaeological Park, witnessing a growth of more than 50% compared to the same timeframe…

Tourism

New Airline Route Connects Cambodia and India’s Capital

Cambodia Angkor Air, the national flag carrier, has unveiled a direct flight route connecting Phnom Penh with New Delhi, India. The announcement came through a social media post by the airline last Thursday, hinting at the imminent launch of this new service. While specific details regarding the flight schedules were not disclosed, the State Secretariat…