The Council for the Development of Cambodia (CDC) approved 59 new investment projects in April 2025, representing a total capital investment of approximately USD 860 million. The figures, released in a CDC press note reviewed on May 7, highlight a robust upswing in investor confidence and economic activity across the country. The newly approved projects…
Phnom Penh, May 6, 2024 — Cambodia and Malaysia have taken a significant step towards deepening bilateral trade and investment cooperation, with the signing of a Memorandum of Understanding (MoU) between two leading private sector organisations. The agreement is expected to boost economic collaboration and expand business opportunities across key sectors. The MoU was formalised…
Phnom Penh — Cambodia is taking a significant step toward improving industrial safety through closer collaboration with Chinese experts, following a high-level meeting between Minister of Industry, Science, Technology and Innovation, H.E. Hem Vandy, and a delegation from the TE Zhong Equipment Inspection Research Institute. The visiting delegation, led by Long Xiongfei, discussed strategic initiatives…
Sihanoukville, Cambodia : In a key meeting aimed at strengthening Cambodia’s maritime logistics capabilities, First Vice Chairman of the Council for the Development of Cambodia (CDC), H.E. Sun Chanthol, led a high-level discussion with representatives from global shipping giant MAERSK. The meeting took place at the Sihanoukville Autonomous Port (PAS) and brought together senior stakeholders…
ADATA Technology Co., Ltd., a leading global manufacturer of electronics and computing technologies based in Chinese Taipei, is exploring investment opportunities in Cambodia’s rapidly growing technology sector. The move aligns with Cambodia’s ambition to become a regional hub for innovation and high-tech industries. Simon Chen, Founder and CEO of ADATA Technology, met with Cambodian Prime…
Air Cambodia, the Kingdom’s national flag carrier, is set to expand its international network with a new route linking Phnom Penh and Osaka, Japan. Scheduled to launch around October 2025, the new service will connect Phnom Penh International Airport (PNH) to Kansai International Airport (KIX) in Osaka, with a stopover in Fuzhou, China (FOC). This…
Cambodian Prime Minister Hun Manet reaffirmed the Royal Government’s commitment to nationwide development, economic growth, and improved public services during the official inauguration of National Roads No. 31, No. 33, and No. 41 in Takeo Province on April 29. The newly rehabilitated roads are expected to serve as critical infrastructure for enhancing regional connectivity, boosting…
Preah Sihanouk – Chinese automotive giant BYD Company, a global leader in electric and plug-in hybrid vehicle manufacturing, has officially commenced construction of its new assembly plant within the special economic zone (SEZ) of Preah Sihanouk province. The project marks a significant step in Cambodia’s growing automotive industry, with the facility expected to have an…
Phnom Penh, Cambodia – Deem Almaseah for Trading Co., Ltd. has expressed its intention to invest in Cambodia, supporting the Royal Government’s ongoing efforts to drive socio-economic development. The announcement came during a courtesy meeting on April 25 at the Peace Palace, where Mr. Salem Mubarak Salem Al-Hadhyan, CEO of Deem Almaseah for Trading Co.,…
PHNOM PENH – Thailand has agreed to purchase 300,000 tonnes of cassava and 100,000 tonnes of red corn annually from Cambodia following the signing of a memorandum of understanding (MoU) between Thailand’s Koson Group and the Cassava Federation of Cambodia (CFC). The signing ceremony was presided over by Reach Ra, Secretary of State at Cambodia’s…
PHNOM PENH – Cambodia and Japan have taken a significant step toward deepening economic cooperation with the signing of a memorandum of understanding (MoU) on cross-border QR payments. The agreement, formalized between Cambodia’s KHQR and Japan’s JPQR systems, was signed by the National Bank of Cambodia (NBC) and the Payments Japan Association (PJA). The initiative,…
The Ministry of Commerce, in collaboration with relevant ministries and institutions, is in the process of developing a new special procedure aimed at facilitating and regulating the export of Cambodian goods to the United States. This initiative focuses on reinforcing the monitoring mechanisms for local content and value addition to ensure full compliance with both…
Coinciding with Earth Day, Wing Bank has announced a groundbreaking partnership with FootprintLab to accelerate climate-conscious financial behavior in Cambodia. This collaboration represents a bold step forward in both financial inclusion and environmental responsibility, and will enable the integration of ESG (Environmental, Social, and Governance) accounting into everyday banking—a first-of-its-kind initiative in the Cambodian market. Marking this milestone, Wing Bank and FootprintLab officially…