In a pivotal move to advance rice cultivation and endorse sustainable farming practices in Cambodia, Wing Bank, WingCommerce, Amru Rice (Cambodia) Co., Ltd, and the Cambodia Agricultural Cooperative have joined forces. This collaboration was formalized through a Memorandum of Understanding (MoU) during the 4th Sustainable Agriculture Summit held in Phnom Penh on February 28. According…
In a significant move towards advancing Cambodia’s rice production and promoting sustainable agricultural practices, Wing Bank, WingCommerce, Amru Rice, and the Cambodian Agriculture Cooperative Corporation Plc (CACC) have formalized their collaboration. The partnership was solidified through a memorandum of understanding (MoU) signed at the 4th Sustainable Agriculture Summit held in Phnom Penh on February 28,…
KB Kookmin Bank has officially inaugurated KB PRASAC Bank in Phnom Penh, Cambodia, marking a significant expansion of its operations in the region. The opening ceremony, held on Friday, was attended by around 700 guests, including notable figures such as CheaSerey, the Governor of the National Bank of Cambodia, ChringBotumRangsay, the Ambassador of Cambodia to…
The Information Technology (IT) landscape in Cambodia is undergoing significant changes, with increased opportunities for ASEAN IT companies to establish and expand their operations within the nation, according to experienced professionals in the field. This development was a key topic of discussion at a recent event hosted by Innov8tif Solutions in Phnom Penh. Innov8tif Solutions,…
The Phnom Penh Water Supply Authority (PWSA), a state-owned entity, has announced a notable increase in its annual profits for the year 2023. The details, disclosed in the company’s recent financial statements to the Cambodian Securities Exchange (CSX), highlight a significant upward trend in the utility’s financial performance. For the year ending December 31, 2023,…
Phnom Penh has recently seen the inauguration of two electric vehicle (EV) showrooms by BYD Cambodia and Harmony Auto. These showrooms, located in City Mall and Chip Mong Mall 271, aim to reduce the reliance on fuel-powered vehicles, which are known for their high carbon emissions, while also generating numerous employment opportunities for the local…
The Cambodia University of Technology and Science (CamTech) in Phnom Penh recently hosted a workshop on 15th February, focusing on the relationship between mental health and the social and solidarity economy (SSE) in the context of Cambodia’s urban development. The Dissemination Workshop showcased the groundbreaking research of distinguished academics Dr. Ret Thearom and Dr. Chea…
In a significant shift from its foundation roots, The Liger Leadership Academy (LLA) in Phnom Penh is extending its unique educational model to fee-paying students, starting August 2024. This marks the first time Liger is inviting external students to enroll, specifically targeting those eligible for Grade 7 or aged between 10 to 12 years. The…
During a notable ASEAN event in Phnom Penh, hosted by the Cambodian Center for Regional Studies, Indonesia and the United States took pivotal roles in a roundtable discussion titled ‘Striving for ASEAN Community Vision 2045’. This gathering saw the participation of the Indonesian and American ambassadors to Cambodia, who engaged in a dialogue about the…
In a recent address at the 2023 annual meeting of the Public Financial Management Reform Program-Stage 4, held at Sokha Phnom Penh Hotel, Cambodian Prime Minister Hun Manet outlined the necessity of incorporating four crucial elements to ensure the effectiveness of reform initiatives. The meeting, which took place on Wednesday, February 14, served as a…
The American University of Phnom Penh (AUPP) has unveiled the ARC Start-up Accelerator at its Technology Centre (ATC), marking a significant stride towards nurturing Cambodia’s entrepreneurial ecosystem. The launch event, graced by Dr. Chea Vandeth, Minister of Posts and Telecommunications, showcased the accelerator established in collaboration with Red Team Partners Global and ChainsAtlast Pte Ltd.…
In a significant development for Cambodia’s economic sector, the Foreign Trade Bank of Cambodia (FTB) has aligned with the Asian Development Bank (ADB) through the Trade and Supply Chain Finance Program (TSCFP). This partnership, finalized on Tuesday in Phnom Penh, aims to enhance trade finance opportunities for Cambodia’s micro, small, and medium-sized enterprises (MSMEs). The…
A team from the Japanese Chamber of Commerce and Industry recently expressed their interest in bolstering investments in Cambodia, particularly focusing on the Original Equipment Manufacturers (OEMs) within the textile industry. Yoshihisa Suzuki, leading the Japan-Mekong Business Cooperation Committee, presented this investment proposition during a discussion with Cambodian Prime Minister Hun Manet at Phnom Penh’s…