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Surya Narayan

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ASEAN & Asia

Life and Building Safety Initiative Marks Milestone, Enhancing Safety for 1 Million Workers

In a heartening development, the Life and Building Safety (LABS) Initiative, spearheaded by IDH, has reached a commendable milestone by significantly improving the safety conditions for 1 million workers across key apparel-producing countries such as India, Vietnam, Cambodia, and Indonesia. Launched four years ago, this collaborative, industry-driven program has played a pivotal role in elevating…

Investment

Cambodia and France Initiate Talks on Double Taxation Agreement to Catalyze Business Flows

Cambodia and France have embarked on negotiations for a Double Taxation Agreement (DTA) aimed at boosting business and investment flows between the two nations. The first round of talks was chaired by Bun Neary, deputy director-general of the General Department of Taxation (GDT), and led by Florian De Filippo, head of the International Trade Rules…

Diplomacy

Cambodian Prime Minister Embarks on Official Visit to Deepen Relations with Viet Nam

Phnom Penh, Dec. 11 – Cambodian Prime Minister Samdech Thipadei Hun Manet has embarked on an official visit to the Socialist Republic of Viet Nam on December 11, 2023, at the invitation of Vietnamese Prime Minister Pham Minh Chinh. The visit, scheduled for two days until December 12, aims to strengthen the already vibrant relationship…

Places to visit

Exploring the Enchantment of Tonle Sap Lake: A Journey Through Southeast Asia’s Largest Freshwater Lake

Tonle Sap Lake, Southeast Asia’s largest freshwater lake, is a captivating destination that showcases the harmonious relationship between nature and human existence. This UNESCO Biosphere Reserve offers visitors a unique and diverse experience, from its dynamic ecosystem to the vibrant floating villages that adapt to its ever-changing waters. Embark on a journey through Tonle Sap…

Buddhism

Buddhism in Business: Applying Positive Principles for Success

In today’s highly competitive world, success in business requires an open mind and a willingness to explore new ideas that can help us create positive outcomes. One such source of valuable wisdom that we often overlook is Buddhism. The principles of this ancient philosophy can offer us a fresh perspective on how to not only…

Agriculture

Thriving Amidst Challenges: Cambodia’s Dairy Industry Grows with Promise

Cambodia’s dairy industry is on a steady rise, showcasing remarkable growth in recent years. Despite facing challenges such as high production costs, low consumer awareness, and limited government support, the industry is making significant strides, driven by the enthusiasm of local dairy farmers and the introduction of modern technology. The Cambodian Brown Cow At the…

Diplomacy

Prime Minister of Cambodia and Japanese Ambassador Forge Stronger Ties, Unveil Robust Collaboration Across Multiple Sectors

The Prime Minister of Cambodia and the Ambassador of Japan to Cambodia engaged in discussions aimed at bolstering and broadening collaboration between the two nations across various sectors. This dialogue transpired at the Peace Palace in Phnom Penh yesterday afternoon. During the meeting, Japanese Ambassador UENO Atsushi reaffirmed Japan’s commitment to supporting Cambodia in areas…

Agriculture

Cashew Nut Forum Aims to Boost Local Processing and Global Export of Cambodian Cashews

The two-day Cashew Forum has commenced in Kampong Thom province with the aim of promoting the cashew processing sector in Cambodia and increasing the export of processed cashew nuts to international markets. The event, under the theme “Together, we support Cambodia cashew products,” is a collaborative effort between the Ministry of Commerce, the Ministry of…

Diplomacy

Cambodia’s National Social Assistance Programme: Government’s Commitment to Ensuring Well-being of Its Citizens

Cambodia’s National Social Assistance Programme (NSAP) has been hailed as a crucial policy by Prime Minister Hun Manet. The government has allocated significant funds to support families affected by the Covid-19 pandemic and inflationary pressure. In 2021, about $1.35 billion was spent, followed by another $600 million in 2022, demonstrating the government’s commitment to ensuring…

Agriculture

Cambodia’s Agricultural Exports Generate $3.9 Billion in 11 Months

According to a Ministry of Agriculture, Forestry and Fisheries (MAFF) report, Cambodia has recorded a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023. The Southeast Asian nation shipped a total of 7.31 million tons of agricultural products to 75 countries and regions during the January-November…

Economy

Cambodia’s Consumer Electronics Market: A Bright Future Ahead

Despite facing challenges in the consumer electronics market, Cambodia is poised to benefit from the growth trend projected in the sector globally. According to Statista, the revenue in the consumer electronics market is expected to hit US$883.7m in 2023, with a Compound Annual Growth Rate (CAGR) of 3.15% between 2023 and 2028. The market’s largest…