The economy, investment, trade and the companies building Cambodia. · 905 អត្ថបទ
Singapore’s economic success story is a reflection of visionary leadership, strategic investment, and robust financial management. At the heart of this transformation lies Temasek Holdings, a globally respected sovereign wealth fund (SWF) that has played a crucial role in Singapore’s rise as an economic powerhouse. Cambodia, a nation with immense potential, stands at an important…
February 2025, Manila, Philippines – Following the official visit by Prime Minister Hun Manet to Manila, CamTech University and WCC Aeronautical and Technological College (WCC-ATC) signed a Memorandum of Understanding (MOU) to explore the development of an Aviation Academy with aeronautical programs in Cambodia. Leveraging WCC-ATC as part of World Citi Group with more than…
As the world shifts towards renewable energy, wind and solar power have emerged as leading contenders in the race to replace fossil fuels. Both sources offer sustainable and environmentally friendly energy solutions, but investors often face the dilemma of choosing between wind and solar power. This article compares these two energy sources based on cost,…
H.E. Rath Saravuth, Secretary of State at the Ministry of Commerce, welcomed H.E. Jimmy Panetta, United States Representative from the Democratic Party, along with his delegation during their official visit to Cambodia on February 17. During the courtesy meeting, both sides discussed trade relations and cooperation between Cambodia and the United States. H.E. Rath Saravuth…
A visiting U.S. congressional delegation has reiterated its commitment to fostering stronger diplomatic and economic ties between the United States and Cambodia. Led by H.E. Jimmy Panetta, a Democratic Congressman from California, the delegation met with Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet at the Peace Palace this afternoon. During the courtesy call,…
Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, received Mr. Zhang Chaomin, Chairman and CEO of Infinite Capital Holdings (ICAP), at the Peace Palace this afternoon. During the meeting, Mr. Zhang Chaomin provided an overview of ICAP’s business operations, emphasizing the company’s investment focus on new materials, artificial intelligence (AI),…
The Ministry of Public Works and Transport and Royal Railway PLC have signed a Framework Agreement (FA) to enhance Cambodia’s railway infrastructure, ensuring sustainable and efficient transport solutions. The agreement was formalized on February 13 in Phnom Penh, with H.E. Peng Ponea, Minister of Public Works and Transport, representing the Royal Government of Cambodia, and…
H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance, and Chairman of the Committee on Economic and Financial Policy, led a meeting on February 13 to review the draft “Framework for the Development and Management of River Ports in Cambodia.” The meeting took place at the Ministry of Economy and Finance and…
The Coordinating Committee on Informal Economy Development (CCIED), chaired by H.E. Hem Vanndy, Minister of Industry, Science, Technology and Innovation, convened a meeting to assess the implementation progress of key measures undertaken by various ministries and institutions. According to a news release from the Ministry of Industry, Science, Technology and Innovation (MISTI), the committee reviewed…
The General Department of Customs and Excise of Cambodia (GDCE) reported a tax revenue collection of approximately US$2,590 million in 2024, marking a 13.8 percent increase from US$2,288 million in the previous year. These figures were disclosed during an annual meeting on February 10, chaired by H.E. Aun Pornmoniroth, Deputy Prime Minister and Minister of…
During his two-day official visit to the Philippines, Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, held separate meetings in Manila with delegations from three major Philippine companies, exploring potential investment opportunities in Cambodia. In his courtesy call, Mr. Ramon S. Ang, President and CEO of San Miguel Corporation, expressed…
Phnom Penh, Cambodia – The Cambodian Ministry of Environment, VERYWORDS, and the Global Green Growth Institute (GGGI) signed a Memorandum of Understanding (MoU) to promote the deployment of high-quality and environmentally friendly electric two-wheeler in Cambodia, contributing to the greenhouse gas emission reduction targets of the Royal Government of Cambodia and the Republic of Korea.…
The Council for the Development of Cambodia (CDC) is working towards aligning Cambodia’s logistics sector with the World Bank’s Logistics Performance Index (LPI) standards. The goal is to enhance efficiency, competitiveness, and position Cambodia as a key logistics hub in the region. On February 4, a high-level meeting took place at the CDC headquarters, co-chaired…
