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Surya Narayan

· 1 408 articles

Investment

Cambodia’s Inflation Rate Decreases Amid Global Challenges, Reflecting Economic Stability and Resilience

Despite global economic challenges, Cambodia registers a lower average annual inflation rate of 1.9% in Q1 of 2023, showing economic stability and resilience. With growth in non-garment manufacturing and tourism sectors, the Kingdom demonstrates its capacity for sustained development amid global uncertainty. Cambodia has impressively managed to register a lower average annual inflation rate of…

Economy

Prime Minister Hun Sen Spearheads Economic Growth with New Investment Law

Cambodia is entering an exciting era of growth and prosperity with the advent of its novel investment law. The recent sub-decree from Prime Minister Hun Sen has only added to the nation’s appeal for investors, guiding it firmly towards its goal of joining the ranks of ‘upper-middle income’ economies by 2030 and becoming a part…

Education & Skills

Cambodia Leads the Way: Government Boosts Nationwide Mental Health Services

In an inspiring move, the Cambodian government has announced an expansion of mental health services throughout the nation, a testament to its commitment to nurturing the health and wellbeing of its citizens. The Minister of Education, Youth and Sport, Hang Chuon Naron, broke the news during a seminar aimed at supporting mental health services for…

Economy

Thriving Cambodia: Nine New Investment Projects To Create 14,000 Job Opportunities

In an encouraging development for local citizens, the Council for the Development of Cambodia (CDC) has given its approval to nine new investment projects, which are expected to create 13,849 job opportunities across the country. The projects, mounting to an impressive $54.8 million, are anticipated to stimulate the economy and enhance the prospects for the…

Investment

Unlock Limitless Potential: Invest in Cambodia’s IT Sector

The world today is constantly evolving, especially in terms of technology and economic growth. This rapid pace of development can make it challenging for many medium-sized businesses to adapt and explore expansion into new markets. However, when faced with uncertainties, it’s important for companies to remember that embracing change and exploring potential investments can lead…

Tourism

Cambodia-India Direct Flights: Opening the Door to Unprecedented Opportunities

The long-awaited dream of direct flights between Cambodia and India is finally nearing fruition, thanks to the relentless efforts of several key individuals and organizations. An exciting new era of business, tourism, and cultural exchange is about to kick off, with countless opportunities and growth prospects for both countries. Bridging Distances and Cultures This exceptional…

Economy

RCEP and Cambodia’s Bright Economic Future: A New Era of Growth and Progress

The Regional Comprehensive Economic Partnership (RCEP) is set to provide Cambodia with fresh opportunities for economic expansion and development. Dr. Sok Siphana, a renowned expert on Cambodia’s legal system, international relations, and economy, recently shared his insights on the nation’s geopolitical landscape and the potential benefits of RCEP at the Malaysian Business Chamber of Cambodia’s…

Digital

Cambodia Establishes General Department of Digital Economy

In a recent move to boost the Kingdom’s digital management and development, the Cambodian government issued a sub-decree on June 22nd, establishing the General Department of Digital Economy under the Ministry of Economy and Finance. The sub-decree, issued by Prime Minister Hun Sen, comprises three chapters and 10 articles that outline the mission, duties, responsibilities,…

Places to visit

Boret Ream: The Visionary Behind Journey Cambodia’s Success

Journey Cambodia, a pioneering tour operator founded in Siem Reap in 2016 by Mr. Boret Ream, has been enchanting travelers from around the globe with its authentic and captivating experiences. Driven by a commitment to sustainable tourism and a deep respect for Cambodia’s rich cultural heritage, Journey Cambodia has quickly become the go-to destination management…

Agriculture

A New Era of Agricultural Prosperity: SPC Global’s Expansion into Cambodia

The recent announcement of Australian agribusiness SPC Global’s plans to expand into the Cambodian market marks the beginning of a new era of agricultural prosperity for the Kingdom. This expansion will not only strengthen the agricultural ties between Australia and Cambodia but also provide a significant boost to the country’s export-oriented agro-processing sector, setting the…

Diplomacy

The Pentagon Strategy: A New Era of National Development for Cambodia

As Cambodia embarks on a new era in national development, the announcement of the Pentagon Strategy by Prime Minister Hun Sen marks a significant turning point for the nation. Replacing the previous Rectangular Strategy, this innovative approach is set to redefine Cambodia’s political landscape and propel the country towards its ambitious goals of becoming an…

Cambodia

Cambodia’s Prime Minister Introduces Subsidy Program for Pregnant Women

In a recent announcement, Cambodia’s Prime Minister Hun Sen has instructed the Ministry of Social Affairs to implement a new subsidy program for pregnant women that will provide cash support based on the number of children. The decision was made during a meeting with around 18,000 workers in Kong Pisey District, Kampong Speu Province on…