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AREAA Global, a prominent US-based organization, has expressed strong interest in the burgeoning development and investment landscape in Cambodia, pledging to highlight these opportunities to its extensive global network of nearly 20,000 members. This commitment was voiced by AREAA Global’s chairman Allen Chiang and CEO Carmen Chong during their attendance at the “UpClose Cambodia” event…
In anticipation of Prime Minister Hun Manet’s forthcoming trip to Australia, Cambodia is actively engaging its private sector, along with various ministries and institutions, to forge stronger investment ties and increase exports of semi-finished and processed products to the Australian market. An orientation for the Cambodia Business Delegates was organized by the Innovation and Development…
Friday marked a significant milestone in the economic relationship between India and Cambodia with the official inauguration of the India-Cambodia Joint Business Council (ICJBC). The launch event, held in New Delhi, India, signifies a new era of collaboration between the business communities of both countries. The formation of the ICJBC, facilitated by the Department for…
The Ministry of Tourism (MoT) has joined forces with the World Wide Fund for Nature (WWF) to foster sustainable tourism practices in the Kingdom, aiming to elevate the nation as a premier global tourism locale. This partnership focuses on the dual goals of conserving natural assets and enhancing the adoption of renewable energy sources. This…
The Cambodian Stock Exchange (CSX) has experienced a landmark year in 2023, with significant strides marking a new era in Cambodia’s financial landscape. As we reflect on the year’s achievements, it’s evident that the CSX has not only broadened its horizons but also deepened the country’s financial markets’ sophistication and accessibility. The year 2023 saw…
Cambodia stands as a model of resilience and growth, a nation that has steadily emerged as an attractive destination for investors with an eye on Small and Medium-sized Enterprises (SMEs) and agriculture. At the core of Cambodia’s unique investment appeal are its communes and villages, integral components of the country’s administrative framework that offer a…
On 22 February 2024, at the National Assembly Palace, His Excellency SOK Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia, engaged in a critical dialogue with the Commission on Foreign Affairs, International Cooperation, Information, and Media (the 5th Commission) of the National Assembly. This meeting also saw participation…
The Japan International Cooperation Agency (JICA) acknowledges the critical role of educators in shaping the futures of students and, by extension, contributing significantly to Cambodia’s socioeconomic advancement. Recognizing teachers as vital agents of change, JICA supports initiatives aimed at enhancing the educational landscape in Cambodia. Significant strides have been made in teacher training within the…
Prime Minister Hun Manet recently highlighted the critical role of micro, small, and medium enterprises (MSMEs) in Cambodia’s economic framework, labeling them as crucial contributors to national development. During the official unveiling of the ‘Techo Sen’ building and at the conclusion of the 2023 Annual Meeting and Set Directions for 2024 of the Ministry of…
Minebea Cambodia, a branch of the global conglomerate Minebea Mitsumi Inc., is set to broaden its footprint in Cambodia with the introduction of a new special economic zone aimed at enhancing its production network within the country. This strategic initiative was unveiled by KAINUMA Yoshihisa, Director General of Minebea Cambodia, during a detailed discussion with…
Travel Exclusive Asia, a renowned destination management company based in Thailand, has announced its strategic expansion into Cambodia, Vietnam, and Laos, with industry veteran Yves Van Kerrebroeck leading the charge as Managing Partner. Since its inception in 2016 by founder André van der Marck, the company has distinguished itself as a top-tier destination specialist, known…
The Information Technology (IT) landscape in Cambodia is undergoing significant changes, with increased opportunities for ASEAN IT companies to establish and expand their operations within the nation, according to experienced professionals in the field. This development was a key topic of discussion at a recent event hosted by Innov8tif Solutions in Phnom Penh. Innov8tif Solutions,…
Last year witnessed a modest rise in the number of registered small and medium-sized enterprises (SMEs) in Cambodia, with figures reaching 44,628, marking a 1.43 percent increase, as per a report from the Ministry of Industry, Science, Technology, and Innovation (MISTI). This growth in SME registrations led to the creation of 463,966 job opportunities for…
