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Business

The economy, investment, trade and the companies building Cambodia. · 905 articles

Industry

AirAsia Cambodia Launches Inaugural Phnom Penh–Ho Chi Minh City Route

On December 22, AirAsia Cambodia celebrated the successful launch of its inaugural flight connecting Phnom Penh, the capital of Cambodia, with Ho Chi Minh City, Vietnam. The airline announced that this new route will operate weekly, linking Phnom Penh International Airport and Ho Chi Minh City. This initiative aims to enhance tourism and stimulate economic…

Economy

Cambodia’s Economic Growth: A Year of Unprecedented Investment

Cambodia has achieved remarkable progress in 2024, as reflected by a significant rise in investments and new projects. With strong leadership from Prime Minister Hun Manet, the country is seeing rapid development that is creating jobs and driving economic transformation. Record-Breaking Investment Numbers In 2024, the Council for the Development of Cambodia (CDC) approved 414…

Industry

Dara Sakor International Airport Set to Begin Domestic Charter Flights

The newly constructed Dara Sakor International Airport, located in Cambodia’s Koh Kong province, is set to launch domestic charter flight operations next week, according to a statement from a civil aviation spokesperson. Sinn Chanserey Vutha, Undersecretary of State and Spokesperson for the Cambodian State Secretariat of Civil Aviation (SSCA), announced that the first domestic test…

Economy

Khmer Enterprise, Aide et Action, and Enterprise Vision Academy Co-Organize Business Model Showcase & Closing Event for “Enterprise Solution Finders” Season 4 Round 2

Kampot Province– December 13, 2024 – Khmer Enterprise and Aide et Action, in partnership with Enterprise Vision Academy, co-organized the business model showcase and closing event of the “Enterprise Solution Finders” Season 4 Round 2. The event was presided over by H.E. Dr. Chhieng Vanmunin, Delegate of the Royal Government in charge as Chief Executive Officer of Khmer…

Industry

Techo International Airport Set to Launch in July 2025

The highly anticipated Techo International Airport (TIA), originally scheduled to open in the first half of next year, is now set to officially commence operations in July 2025. The announcement was made during a site inspection yesterday by Mao Havannall, Minister in Charge of the State Secretariat of Civil Aviation. Minister Havannall, accompanied by a…

Economy

Cambodia’s Cassava Industry – 95% Raw Exports, $728 Million Annual Contribution, and a Path to Value-Added Growth

Cambodia is Asia’s fourth-largest and the world’s tenth-largest cassava exporter, with approximately 600,000 to 800,000 hectares under cultivation. However, 95% of cassava is currently exported raw, and only 5% is processed locally, contributing about USD 728 million annually to the national economy. This presents a significant opportunity to boost economic potential through increased local processing…

Economy

Cambodia Launches Digital Platform to Empower Informal Economy Workers

Phnom Penh—The Royal Government of Cambodia unveiled the Digital Platform for Onboarding the Informal Economy this morning under the leadership of Prime Minister Samdech Moha Borvor Thipadei Hun Manet. In his address at the launch ceremony, the Prime Minister highlighted this initiative as a significant milestone in the implementation of the National Strategy for Informal…

Industry

STINL Inaugurated – Advancing Cambodia’s Industrial and Scientific Future

The Science, Technology, and Innovation National Laboratory (STINL) was officially inaugurated today as a public administration institution, marking a transformative step in Cambodia’s journey toward industrial, scientific, and economic growth. Presiding over the inauguration, H.E. Hem Vanndy, Minister of Industry, Science, Technology, and Innovation, emphasized STINL’s pivotal role in ensuring product quality and safety, fostering…

Startups

Macro Computing Solutions Co. Ltd. Partners with GROW4GROWTH CONSULTANT to Launch Revolutionary Microlearning Platform

Phnom Penh, Cambodia. 24th September 2024 Macro Computing Solutions Co. Ltd., a leading provider of innovative technology solutions in Asia, has announced the signing of a Memorandum of Understanding (MOU) with GROW4GROWTH CONSULTANT CO., LTD., a premier consultancy specializing in organizational development and growth strategies. This strategic partnership aims to introduce RapL, a cutting-edge microlearning…

Startups

Startup Cambodia hosts third ecosystem meetup at Connexion, Koh Pich.

December 2024, Koh Pich, Phnom Penh – Startup Cambodia recently held its third Startup Ecosystem Meetup at Connexion, Koh Pich, bringing together Cambodia’s entrepreneurial community for an afternoon of innovation, collaboration, and forward-thinking discussions. Organized by the Ministry of Economy and Finance and the Techo Startup Center, with support from private sector groups such as OCIC,…

Investment

Kampot-Kep Salt – Cambodia’s Natural Treasure

In the coastal provinces of Kampot and Kep, salt harvesting has been a way of life for centuries. The pristine environment, sandy loam soil, and long dry seasons provide the perfect setting for creating a product that is as unique as it is valuable. In 2023, the recognition of Kampot-Kep Salt as a Geographical Indication…