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Cambodia’s cassava and tapioca starch exports experienced a remarkable growth of almost 30% during the first quarter of 2023, reaching a staggering $285 million, as reported by the Ministry of Agriculture, Forestry, and Fisheries. This surge in exports reflects the country’s commitment to enhancing its agricultural sector and promoting economic development. Between January and March,…
The 32nd Southeast Asian Games (SEA Games) is about to kick off in Cambodia, providing an unparalleled opportunity for visitors from all over the world to experience the excitement and culture of Southeast Asia, particularly the beautiful and welcoming country of Cambodia. As a developing nation with political stability and security, Cambodia is gearing up…
Cambodia has unveiled an ambitious plan to seek $30 billion in investment funds for 150 prioritized infrastructure development projects between 2022 and 2030. Minister of Public Works and Transport, Sun Chanthol, revealed the details during a recent launching event for a project aimed at enhancing regional freight connectivity for Southeast Asia. The Cambodian government has…
With the recent launch of the National Energy Efficiency Policy 2022-2030, the Cambodian government, led by Prime Minister Samdech Hun Sen, has set the wheels in motion to tackle the nation’s ever-increasing energy consumption. This policy aims to reduce total energy consumption by at least 19% by 2030 while promoting sustainable development and fulfilling Cambodia’s…
As the global economy continues to face challenges, Cambodia stands out as a nation that has successfully navigated the treacherous waters of public debt. Unlike some of its neighbors in the ASEAN region, Cambodia has maintained a relatively low government debt-to-GDP ratio, which is projected to reach 37.5% in 2023. This accomplishment is a testament…
Officials in Cambodia’s Stung Treng province project an influx of investments in large-scale factories and manufacturing enterprises, focusing on processing agricultural raw materials into value-added products, especially cashew nuts, which have shown significant commercial potential. During a press conference, the provincial administration’s accomplishments over the past five years were highlighted. Tum Niro, the director of…
The Law of Taxation in Cambodia serves as the primary framework for tax regulation, outlining the tax responsibilities of individuals and businesses. The General Department of Taxation (GDT) oversees the collection and administration of taxes, with taxpayers required to submit and pay their taxes on a monthly and annual basis. In Cambodia, businesses are subject…
A recent poll conducted by morninglife.co.uk has crowned Cambodia’s Angkor Wat as the ultimate sunrise destination in the world for 2023. Renowned for its breathtaking beauty and rich cultural heritage, this iconic temple complex has captured the hearts of travelers and continues to enchant visitors from all corners of the globe. Based on data gathered…
I recently had the immense privilege of meeting Dr. SOK Siphana, Founding Partner at SOK SIPHANA & ASSOCIATES and current Senior Advisor to the Royal Government of Cambodia. Our enlightening conversation centered around The Better Cambodia concept, and I was truly blown away by his insights. As a practicing attorney, former Secretary of State at…
In a world where hardship and struggle are all too familiar, one woman’s determination and resilience have made her a shining beacon of hope for many. Jacqueline Bhagavan’s journey from a Cambodian refugee to the present Mrs. Cambodia (2022- 2023), a successful entrepreneur, philanthropist, and beauty queen, is a testament to the power of perseverance,…
The Kingdom is set to revive the Royal Ploughing Ceremony, which has been on hold for three consecutive years due to the COVID-19 pandemic. The most recent celebration took place in Takeo province in 2019. The highly anticipated event will be held in Kampong Svay district of Kampong Thom, according to Ngoun Ratanak, Governor of…
The newly introduced vacation package from Ayodhya to Cambodia’s Angkor Wat by the Indian Railway Catering and Tourism Corporation (IRCTC) is not only a great opportunity for tourists to explore the rich cultural heritage of Southeast Asia but also has the potential to benefit Cambodia in numerous ways. This package will help boost the relationship…
In an effort to strengthen economic, trade, and investment relations between Cambodia and China, the two countries are dedicated to maintaining cooperation at a regional level, working closely with the Ministry of Commerce and the ASEAN-China Centre (ACC). This commitment was solidified during an April 20 meeting held at the Ministry’s headquarters, where commerce ministry…
