The economy, investment, trade and the companies building Cambodia. · 905 stories
The Federation of Cambodian Startups (CamStartup) is hosting a Founder’s Club meet featuring Mr. Keo Sar, a prominent Khmer-American entrepreneur, advisor, and angel investor. This session will delve into Go-To-Market strategies, guided by Mr. Sar’s vast Silicon Valley expertise. Event Details: 👉 Register Now: Apply here About the Speaker:Mr. Keo Sar, currently the COO &…
Bavet City, Svay Rieng Province – Construction of a new tyre factory has officially started in Bavet City’s special economic zone on January 12, with an investment of around USD 500 million. The project is expected to create about 1,000 jobs for local residents. The ceremony to mark the start of the Wanli tyre factory’s…
Cambodia witnessed an extraordinary surge in fixed-asset investment, reaching 6.9 billion U.S. dollars in 2024, reflecting a remarkable 40% increase from the 4.92 billion dollars recorded the previous year, according to a news release by the Council for the Development of Cambodia (CDC) on Saturday. The Southeast Asian nation approved 414 investment projects last year,…
Sihanoukville, Cambodia – ISI GROUP, in collaboration with capital partners, officially launched the ISI Special Economic Zone (ISI SEZ), a landmark development spanning over 800 hectares in Sihanoukville, Preah Sihanouk province, on January 10. The grand launch event was presided over by H.E. Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning,…
Cambodia’s national flag carrier, Cambodia Angkor Air, has officially rebranded as Air Cambodia, unveiling its new identity with a commitment to expanding both domestic and international routes. The official launch event, held in Phnom Penh on January 10, 2024, gathered hundreds of representatives from the civil aviation and tourism industries, as well as industry experts,…
Cambodia, a nation rich in history and culture, has been making significant strides in attracting foreign investment, particularly in its real estate sector. A pivotal development in this regard is the enactment of the Trust Law in 2019, which has opened new avenues for international investors to participate in Cambodia’s burgeoning property market. This article…
Cambodia’s international trade experienced a remarkable surge in 2024, increasing by 16% to reach US$54.74 billion, compared to US$46.82 billion in 2023, according to a report released by the General Department of Customs and Excise on January 10. The Kingdom’s exports rose to US$26.19 billion, reflecting a year-on-year growth of 15.7%. Meanwhile, imports climbed to…
Two prominent Chinese firms, Heli-Eastern and Amber Aviation Limited, have expressed their keen interest in expanding their business operations and strengthening cooperation within ASEAN, particularly in Cambodia. This development was disclosed during a recent visit by Mr. Lao Nguon Eng, Commercial Attaché at the Consulate General of the Kingdom of Cambodia, to the companies’ headquarters…
The value of imports and exports passing through Cambodia’s Sihanoukville Special Economic Zone (SSEZ) hit a record high in 2024, according to Cambodia’s customs data released on Monday. The total trade volume of enterprises within the SSEZ reached an impressive US$4.07 billion in 2024, reflecting a year-on-year increase of 21.3 percent. This surge in trade…
TBC Global Partners, a premium business consulting and investment firm and a subsidiary of The Better Cambodia, has reached a remarkable milestone, securing two significant partnerships that will have a transformative impact on Cambodia’s healthcare, education, and corporate landscape. A Landmark Consulting Deal with a Prestigious Investment Firm from China In a groundbreaking achievement, TBC…
Cambodia is stepping into 2025 with optimism and determination, showing steady economic growth despite global uncertainties. With a projected growth rate of 5.9%, the country is leaning on its core strengths while exploring new opportunities. These projections come from the ASEAN+3 Macroeconomic Research Office (AMRO), which highlights key drivers like manufacturing and tourism. Let’s dive…
In a significant move, the National Bank of Cambodia (NBC) issued a Prakas (directive) on Friday to regulate cryptoasset-related activities within the country’s financial system. This marks a major milestone in Cambodia’s journey toward adopting digital finance while ensuring regulatory oversight and financial stability. The directive, based on the Law on Banking and Financial Institutions,…
The National Standards Council (NSC) approved 36 new Cambodia Standards (CS) during its 29th meeting at the Ministry of Industry, Science, Technology & Innovation on December 26, 2024. Chaired by Minister HEM Vanndy, the meeting evaluated 41 proposed standards, with 36 gaining approval. Three standards related to artificial intelligence (AI) and two revised standards for…
