Cambodia has officially launched the “Cambodia’s Milled Rice Market Expansion and Export Diversification Strategy 2025–2030,” aiming to diversify export markets and strengthen the country’s global rice presence. The launch was held during the 4th General Assembly of the Cambodia Rice Federation (CRF) in Phnom Penh on August 26, alongside elections for the federation’s new leadership.…
A top representative of Australia-based CIMIC Group has praised Cambodia’s investment environment and workforce, underscoring the growing confidence of major international firms in the Kingdom’s economic direction. Robert Seidler, board member of CIMIC Group, expressed strong satisfaction with Cambodia’s investment climate during a meeting with Cambodian Deputy Prime Minister Sun Chanthol on August 25 in…
Kampong Speu is rapidly evolving into Cambodia’s next major industrial hub, thanks to a surge of new Chinese investments and government-backed infrastructure initiatives. The recent launch of the ASEAN Building Materials Industrial Park and the signing of 11 new investment agreements mark a pivotal moment in the province’s transformation from a rural region into a…
When Cambodia joined the World Intellectual Property Organization (WIPO) in 1995 and later the Paris Convention in 1998, its intellectual property landscape was fragile at best. The legal framework was thin, enforcement mechanisms were weak, and the notion of protecting creators, inventors, and businesses was still in its infancy. Yet, over the last two decades,…
Wing Bank, together with members of the Royal Group of Companies (RGC) and Khmer Artist Association, has provided critical relief to soldiers and displaced families affected by the ongoing Khmer Thai border conflict in Siem Reap province. Led by Lok Chumteav Neak Oknha Mao Chamnan, Vice Chairwoman of RGC, and President of the Khmer Artist…
With the goal of promoting and encouraging the use of electric vehicles (EVs) in Cambodia, the government — through the Ministry of Economy and Finance — has announced significant reductions in road tax rates for various EV categories. In an August 21 statement, the ministry confirmed that the move aligns with the government’s commitment to…
Phnom Penh, Cambodia – Wing Bank (Cambodia) Plc is celebrating 17 years of transforming Cambodia’s financial landscape, evolving from the nation’s first mobile money service into a 100% Cambodian-owned commercial bank that now moves tens of billions of dollars annually and serves millions across the country. Launched with the simple promise of making it easy, safe,…
Phnom Penh – A delegation of Japanese investors has recently visited Cambodia to explore new investment opportunities in the electric wire and cable industry, architecture and construction, and public infrastructure development. The visit underscores growing Japanese interest in Cambodia’s dynamic economy, where 90 Japanese companies registered businesses in 2024 alone. The latest mission was led…
What began as a neighborhood money transfer service now moves tens of billions of dollars annually, serves millions through its agent network, and continues to expand access with global recognition—bringing yet another source of pride to Cambodia. Seventeen years ago, Wing entered everyday Cambodian life with a simple promise: send money easily, safely, fast and…
Cambodia’s economic story is one of resilience, reform, and ambition. While many look at the big industries like garments, agriculture, or tourism, it is the nation’s customs system that quietly powers all of them. Every product that enters or leaves the country passes through customs. When this system works well, trade flows faster, businesses save…
The pharmaceutical industry is at a critical juncture. Scientific advances in biology, gene therapy, and personalised medicine are accelerating, yet the processes that move these breakthroughs from laboratories to patients often remain slow, fragmented, and weighed down by inefficiencies.While research teams explore the frontiers of science, operational systems in many pharma companies still rely on…
Despite a turbulent global environment marked by trade protectionism, armed conflicts, and geopolitical tensions, Cambodia’s economy demonstrated remarkable resilience in the first half of 2025, recording a growth rate of nearly 6%, according to the National Bank of Cambodia’s (NBC) First Half 2025 Report and Outlook for the Second Half. The NBC reported that the…
Phnom Penh, August 14 — H.E. Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), welcomed a high-level delegation from Minebea Mitsumi Inc., led by Chairman Mr. Yoshihisa Kainuma, to discuss the Japanese manufacturer’s ongoing expansion in Cambodia. Minister Vanndy praised Minebea’s significant contributions to Cambodia’s industrial growth, job creation, and export capacity. He…