In a world still grappling with the aftermath of the COVID-19 pandemic, Cambodia has emerged as a shining example of resilience and economic dynamism. This small Southeast Asian nation, with a population of approximately 16 million people and a land area of 181,035 square kilometers, has managed to defy the odds and is set to…
Mangalore, India: A futuristic event took place at the Hotel Ocean Pearl in Mangalore on October 16, 2023, to enhance the economic cooperation between India and Cambodia. The event, organized by The Better Cambodia, was attended by eminent guests from both countries, who shared their insights and experiences on the opportunities and challenges of doing…
Several Indonesian companies have expressed interest in Cambodia’s food and beverage (F&B) sector due to the country’s substantial market potential, according to industry insiders. During the 38th Trade Expo Indonesia (TEI) held in Jakarta, representatives from these companies stated that Cambodia’s F&B space offered significant growth prospects and lucrative opportunities. Anrio Delon, International Business Assistant…
A delegation of Vietnamese investors, led by first deputy secretary Nguyen Duc Phong of the Vietnam Communist Party’s Central Committee for State-Owned Enterprise, recently expressed their interest in expanding investments in Cambodia and sought the government’s support in this endeavor. During a meeting with Chea Vuthy, deputy secretary-general of the Council for the Development of…
Cambodia is seeking to expand its investment ties with the Chinese province of Guangzhou. Deputy Prime Minister Sun Chanthol, along with a delegation, recently visited the Chinese city in a bid to attract new businesses and investors to Cambodia. The representatives were welcomed by Qun Ge, CEO of the Guangzhou International Corporate Incubator, a recently-launched…
During a meeting at the 3rd Road and Belt Forum for International Coordination in Beijing, Prime Minister of Cambodia, Dr. Hun Manet, and Ms. Wen Jia, President of Alibaba Group’s Public Affairs Department, discussed the collaboration between Alibaba and Cambodia. They expressed their gratitude for the Memorandum of Understanding (MOU) signed between the Ministry of…
In the dynamic world of lean consulting, one name is making waves throughout South Asia, and it’s none other than True North Lean, a Cambodian-based firm that is redefining the industry. Remarkably, this company, still in its inaugural year, has already accomplished what many could only dream of: successfully managing projects spanning Cambodia, Vietnam, Thailand,…
Cambodia’s exports have witnessed a remarkable surge, driven by the dynamics of the Regional Comprehensive Economic Partnership (RCEP). As the latest Ministry of Commerce report reveals, the kingdom exported a record-breaking $5.26 billion worth of goods to RCEP member countries in the first eight months of 2023. This impressive figure represents a significant 22 percent…
Cambodia has had a notable surge in the exportation of electrical machinery, equipment, and associated goods, representing a significant development. Based on the data published by the General Department of Customs and Excise (GDCE), the total value of exports has surpassed a noteworthy sum of $2.1 billion during the initial eight-month period of 2023. This…
Cambodia is positioning itself for a digital revolution in the financial sector with the unveiling of its Financial Technology (fintech) Development Policy for 2023-2028. Deputy Prime Minister and Minister of Economy and Finance, Aun Pornmoniroth, believes that embracing the advantages of digital transformation will not only invigorate the country’s socio-economic landscape but also strengthen global…
In a meeting between Cambodia’s Minister of Labour and Vocational Training, Heng Sour, and the World Bank Country Director for Cambodia, Laos, and Myanmar, Ms. Mariam Sherman, both parties expressed their commitment to further fostering cooperation in promoting skills among the Cambodian labor force for better job opportunities. During the meeting, Minister Heng Sour emphasized…
Attention all job seekers looking to kickstart their career in the banking and finance industry! The highly anticipated Banking Jobs and Skills Summit 2023 is just around the corner, and it’s an event you don’t want to miss. Mark your calendars for September 29-30, and head over to the esteemed National University of Management (NUM)…
In the picturesque coastal city of Sihanoukville, a unique and promising investment opportunity has emerged. As the world grappled with the challenges posed by the COVID-19 pandemic, the real estate and related businesses in this vibrant city faced a temporary setback. However, the tides are turning, and a senior official at the Preah Sihanouk Provincial…