The economy, investment, trade and the companies building Cambodia. · 907 articles
For almost 30 years, the Phare family of extraordinary organizations has touched the hearts of many. Phare performing social enterprise (PPSE), which was founded just 9 years ago, has quickly grown to become one of Cambodia’s most respected and successful social enterprise role models, notably in the cultural tourism and creative industries. Phare Creative Studio’s…
The Ministry of Commerce has been hosting The Cambodian and Import-Export Goods Exhibition (CIEG), a wholly government-run international trade exhibition, in Cambodia since 2005. According to a statement from the Ministry of Commerce, the 15th annual Cambodian and Import-Export Goods Exhibition will take place from December 15 to 18 at the Koh Pich Convention and…
Railways are a reliable and effective means of transporting both people and cargo. Railways reduce carbon gas emissions while promoting economic growth. They are a clean and efficient way to transport tonnes of cargo and millions of passengers across regions. There are two lines in the railway network in Cambodia. The northern railway, which stretches…
Despite the Covid-19 crisis, the two-way trade between Cambodia and the United Arab Emirates (UAE) had a significant rise of 53% to reach $150 million last year, according to the Cambodian Ministry of Commerce. The data were discussed in a recent videoconference between Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade at…
In the first half of this year, the General Department of Customs and Excise earned $1,293 million in customs revenue, or 50.1% of the financial plan for 2022. The data was disclosed by its director-general, H.E Khun Nhim, during a press conference held recently. Approximately half of the financial plan for 2022 was made up of…
On more than 20 hectares of property in the province of Mondulkiri, the Ministry of Agriculture intends to build a botanical garden. The initiative in the Sen Monorom commune of the O’Raing district aims to increase its attractiveness to both domestic and foreign tourists. According to Agriculture Minister Veng Sakhon, this is a part of…
Bakong, Cambodia’s digital payment system, was launched by the National Bank of Cambodia in October 2020. Nearly 270,000 people use its digital wallet, and nearly 6 million people have benefited from connected financial apps. Bakong shows how the scalability, inclusivity, and cost-effectiveness of systems like this may benefit both financial institutions and end users. The…
According to the Trade Training and Research Institute of the Commerce Ministry, the overall market value of e-commerce in Cambodia in 2021 was $970.10 million, a growth of 19.29% from $813.25 million in 2020. According to the TTRI’s June 30 bulletin, which quoted the World Development Indicator, DataReportal, and Statista, fashion accounted for the majority…
The “Jew’s Harp,” a popular musical instrument, can be found in many places around the world, but the Cambodian version is special. It is a priceless component of Cambodia’s living cultural legacy and is known in Khmer as Angkuoch, which is generally pronounced “Aarng-koo-oy.” It is a traditional musical instrument made of bamboo that has…
Veteran banker Dr. In Channy is a self-made man who has built a financial powerhouse over the span of his nearly three-decade career. He has also been effective in shaping financial markets policies and regulations in Cambodia. Dr. In Channy, President and Group Managing Director of ACLEDA Bank, turned an NGO-based organisation into a financial…
In many ways, hip-hop surprisingly gained the interest of young audiences despite the lack of progress in original Cambodian music until recent years. It is believed that the prominent rap element of hip hop blends naturally with verbal Khmer traditions of singing and poetry recitation. VannDa, like many others his age, belongs to the younger…
On June 24, representatives from the state-owned China Communications Construction Co Ltd (CCCC), the China Road and Bridge Corp (CRBC), and the Minister of Public Works and Transport Sun Chanthol met to discuss the findings of the firms’ preliminary study on a potential metro or monorail in the capital as a way to reduce traffic…
Nelson Mandela had once said, “There is no passion, to be found playing small – in settling for a life that is less than the one you are capable of living.” There are many products and services that claim to change your life; but coaching may be the only one thing that actually delivers on…
