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Surya Narayan

· 1,408 stories

Buddhism

Cambodia: A Rising Star on the Global Map of Spiritual and Wellness Destinations

Cambodia is gradually establishing itself as a distinctive player in the worldwide spiritual and wellness tourism industry. This Southeast Asian nation is well-known for its ancient temples, beautiful landscapes, and diverse cultural heritage, making it an attractive destination for people who are in search of peace, rejuvenation, and a deeper awareness of life. Cambodia provides…

Diplomacy

Strengthening Ties: Cambodia and Hungary Commit to Enhanced Bilateral Relations

On February 13, 2024, a notable diplomatic engagement unfolded as His Excellency SOK Chenda Sophea, Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, welcomed His Excellency Dr. Tibor BALOGHDI, the Ambassador Extraordinary and Plenipotentiary of Hungary to the Kingdom of Cambodia, based in Hanoi, for a courtesy visit. During this significant…

Diplomacy

Celebrating 65 Years of Cambodia-New Zealand Diplomatic Ties

On February 12, 2024, a significant telephonic exchange took place between His Excellency SOK Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia, and the Rt Hon Winston Peters, Deputy Prime Minister and Minister of Foreign Affairs of New Zealand. This conversation underscored the robust and enduring relationship that…

Tourism

Cambodia Sees Substantial Growth in GFT Exports

Cambodia’s garment, footwear, and travel goods (GFT) sector witnessed a significant uptick in January, with a 21.64 percent increase in exports, totaling $967 million. This positive shift is a welcome change for the sector, which is a cornerstone of Cambodia’s economy, providing employment to nearly one million individuals. Data from the General Department of Customs…

Tourism

Cambodia and Indonesia Forge Stronger Tourism Ties

The Ministry of Tourism in Cambodia is gearing up to activate a comprehensive tourism cooperation agreement with Indonesia, following a memorandum of understanding that aims to enhance travel between the two countries. This initiative seeks to establish a coordinated travel program to streamline tourist visits to various attractions within both nations. The announcement came as…

Investment

Cambodia Eyes Japan-Centric Economic Zones to Spur Investment and Growth

The Cambodian government is laying the groundwork for the establishment of specialized economic zones focused on Japan, aiming to bolster direct investments from the Asian powerhouse. In a strategic move to fortify economic ties, an inter-ministerial meeting was convened on Monday, spearheaded by Deputy Prime Minister Sun Chanthol, to deliberate on the conceptual framework for…

Tourism

Sihanoukville Attracts Record Tourist Numbers During Lunar New Year Celebrations

Preah Sihanouk province emerged as a prime destination during the Lunar New Year celebrations, drawing an impressive 294,301 visitors, including 11,905 from abroad, which represents 28 percent of the total tourist influx for the period spanning February 09-11. This surge in visitation was highlighted in a recent report by the Ministry of Tourism (MoT), which…

Cambodia

Cambodia Projects Significant Employment Growth by 2026

Cambodia is on a path to significantly expand its job market, aiming to create approximately 10.2 million employment opportunities by 2026. With an annual employment growth rate of 2.5%, the country expects to provide jobs for an additional 235,000 individuals each year. This optimistic forecast is supported by the Labour Market Newsletter published by the…

ASEAN & Asia

Cambodia Advocates for Enhanced ASEAN Solidarity at the 7th Indian Ocean Conference

In a significant move to reinforce Cambodia’s commitment to regional cooperation and stability, His Excellency PRAK Nguon Hong, Secretary of State, represented Cambodia at the 7th Indian Ocean Conference. This notable event, which took place on February 9-10, 2024, in Perth, Australia, was centered around the theme “Towards a Stable and Sustainable Indian Ocean”. The…

Banking & Finance

Wing Bank Amplifies Savings with Innovative Wingcoin Rewards Program

Wing Bank (Cambodia) Plc is revolutionizing the financial landscape with the introduction of Wingcoin, a pioneering blockchain-based rewards program designed to enhance the purchasing capabilities of its users. Through every transaction made using the Wing Bank App, users can now accumulate ‘Wingcoins,’ unlocking new dimensions of savings and spending. With Wingcoin, each transaction is not…

Trade

Cambodia Sees Notable Increase in International Trade in January 2024

Cambodia’s international trade witnessed a significant rise in January 2024, with total trade volume reaching $4.05 billion, marking a 16.7% increase from $3.47 billion recorded in the same month the previous year. This growth is detailed in a report released by the General Department of Customs and Excise on February 12, 2024. The report highlights…

Tourism

Cambodia’s Tourism Sector Generates $3.04 Billion in 2023

In a significant uptick for Cambodia’s economy, the tourism sector reported a revenue of $3.04 billion in 2023, marking a 115% increase from the $1.41 billion recorded the previous year. This financial boost is outlined in a report by the Ministry of Tourism, published on February 12, 2024, reflecting the sector’s robust recovery and growth.…

Tourism

Koh Ker Achieves Top 52 Global Travel Destinations Recognition by New York Times

The prestigious New York Times has recently highlighted Cambodia’s Koh Ker as the 34th must-visit location among its annual list of 52 recommended travel spots for the year 2024. This acknowledgment comes shortly after Koh Ker’s inclusion in the UNESCO World Heritage List, marking a significant milestone for the ancient site. Constructed over two decades,…