The Better Cambodia newsroom · 1,289 stories
As of the first quarter of 2024, Siem Reap-Angkor International Airport has witnessed a significant increase in the number of direct flights from eight countries. These flights originate from six ASEAN countries, namely Thailand, Vietnam, China, South Korea, India (starting in June), and two others. Pich Sopondara, responsible for flight development at Siem Reap-Angkor International…
The World Bank has released its latest economic update for East Asia and the Pacific, revealing that Cambodia and the Philippines are expected to be the fastest-growing developing economies in Southeast Asia this year. The bank revised its GDP growth forecast for Cambodia from 5.5 percent to 5.8 percent, and for the Philippines from 5.6…
Heng Sour, the Minister of Labor and Vocational Training, has expressed Cambodia’s support for Japanese investors interested in investing in Cambodia and expanding labor cooperation between the two countries. The Minister made these comments during a meeting with a delegation from Asakuchi, Okayama province, Japan. The delegation, led by Yasuhiko Kuriyama, included Fumiaki Takahashi, President…
New Facilities Enhance Early Years Education in the City The Canadian International School of Phnom Penh (CIS) is delighted to announce the forthcoming expansion of its Bassac Garden Campus. Situated on a serene and verdant side street, this campus caters to children between the ages of 18 months and 4 years. The construction is expected…
Singapore-based lodging business unit The Ascott Limited (Ascott), a wholly-owned subsidiary of CapitaLand Investment, has recently entered into a management agreement with Overseas Cambodian Investment Corporation (OCIC) to launch Somerset Diamond Bay Garden Phnom Penh in Koh Pich. The management agreement was formalized through the signing by Ms. Serena Lim, Chief Growth Officer of The…
Cambodian Prime Minister, Hun Manet, has confirmed that the Royal Government is preparing to nominate seven additional Cambodian cultural properties for inclusion in the World Heritage List. Speaking at the inauguration of Preah Botum Stupa at Mony Ratanaream Pagoda in Pursat province, the Prime Minister revealed the proposed sites for nomination. The seven cultural properties…
The National Bank of Cambodia (NBC) recently announced that the 11th annual Macroeconomic Conference will be held on December 17, 2024. This year’s conference, themed “Geoeconomic Fragmentation: Implications and Policies,” is a collaborative effort between the NBC and the International Monetary Fund (IMF). The primary objective of the conference is to foster a culture of…
The Cambodia-ASEAN Business Summit 2024 is set to commence today, gathering influential business leaders, policymakers, and thought leaders from the region. The summit, taking place from April 1-2 at Sofitel Phnom Penh Phokeethra, seeks to delve into ASEAN’s expanding connectivity, technological advancements, and the challenges confronting inclusive growth. With the aim of unlocking the immense…
In a symbolic event held on 21 March 2024, His Excellency Deputy Prime Minister SOK Chenda Sophea, as the Minister of Foreign Affairs and International Cooperation, played host to a cocktail reception commemorating the International Day of Francophonie. The gathering took place at the esteemed Rosewood Hotel in the lively city of Phnom Penh. Present…
The Ministry of Public Works and Transport, in collaboration with the Kampong Cham provincial administration, is set to embark on a project to construct a standard tourism port along the Mekong River in Kampong Cham province. The objective of this endeavor is to create a dedicated docking facility for cruise ships, bolstering the province’s tourism…
In a significant move towards fostering sustainable industrial growth, the United Nations Industrial Development Organisation (UNIDO) has forged a partnership with the Ministry of Industry, Science, Technology & Innovation (MISTI) in Cambodia to spearhead the development of an eco-industrial park (EIPs). The core objective of this collaboration is to promote sustainable industrial development by integrating…
The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) organized a stakeholders’ reflection workshop to discuss the progress and way forward for promoting financial literacy in Cambodia. The workshop, held at the National Bank of Cambodia’s (NBC) Center for Banking Studies on March 26, had an attendance of 40 stakeholders, including representatives…
Phnom Penh, Mar. 26 – The Ministry of Environment has called upon companies and development partners to actively participate in carbon investment in Cambodia, with a focus on promoting cleaner soil, water, and air. During a meeting with Hoang Anh Dung, CEO of Investment and Trading Consulting Company Limited (INTRACO Holding) of Vietnam, Eang Sophalleth,…
