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Cambodia witnessed an extraordinary surge in fixed-asset investment, reaching 6.9 billion U.S. dollars in 2024, reflecting a remarkable 40% increase from the 4.92 billion dollars recorded the previous year, according to a news release by the Council for the Development of Cambodia (CDC) on Saturday. The Southeast Asian nation approved 414 investment projects last year,…
Sihanoukville, Cambodia – ISI GROUP, in collaboration with capital partners, officially launched the ISI Special Economic Zone (ISI SEZ), a landmark development spanning over 800 hectares in Sihanoukville, Preah Sihanouk province, on January 10. The grand launch event was presided over by H.E. Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning,…
Cambodia’s national flag carrier, Cambodia Angkor Air, has officially rebranded as Air Cambodia, unveiling its new identity with a commitment to expanding both domestic and international routes. The official launch event, held in Phnom Penh on January 10, 2024, gathered hundreds of representatives from the civil aviation and tourism industries, as well as industry experts,…
Cambodia exported approximately 651,000 tonnes of milled rice to international markets in 2024, reflecting a slight decrease of 0.7 percent from 656,000 tonnes in 2023, according to a report from the Cambodia Rice Federation (CRF). However, the Kingdom’s rice export earnings surged to US$491 million, marking a 5.3 percent increase from the US$466 million generated…
Cambodia, a nation rich in history and culture, has been making significant strides in attracting foreign investment, particularly in its real estate sector. A pivotal development in this regard is the enactment of the Trust Law in 2019, which has opened new avenues for international investors to participate in Cambodia’s burgeoning property market. This article…
The Tennis Federation of Cambodia (TFC) will host the National Tennis Championships 2024 at the National Olympic Stadium in Phnom Penh from January 14 to 17. Mr. Chea Pov, Deputy Secretary General of the TFC, announced the event, highlighting that athletes from clubs across Cambodia’s capital and provinces are expected to participate. The championship aims…
Cambodia’s international trade experienced a remarkable surge in 2024, increasing by 16% to reach US$54.74 billion, compared to US$46.82 billion in 2023, according to a report released by the General Department of Customs and Excise on January 10. The Kingdom’s exports rose to US$26.19 billion, reflecting a year-on-year growth of 15.7%. Meanwhile, imports climbed to…
Cambodia witnessed a remarkable surge in the export of key agricultural products during the first eleven months of 2024, showcasing the sector’s expanding contribution to the national economy. The primary agricultural products exported during this period included rice, bananas, mangoes, cassava, cashew nuts, corn, pepper, and tobacco. According to an official report from the Ministry…
Cambodia, a land of ancient wonders and rich cultural heritage, has been the epicenter of significant archaeological discoveries over the past two decades. From unearthing Iron Age burial sites to the revolutionary use of Lidar technology, these findings have reshaped our understanding of the ancient Khmer civilization and beyond. This article explores the top 10…
Phnom Penh – Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet has officially declared September 24 as Constitution Day. This date commemorates the reintroduction of Cambodia’s Constitution in 1993, following over two decades of political turmoil. The declaration was made through a circular dated January 3, 2025, and was announced on January 8, 2025.…
Two prominent Chinese firms, Heli-Eastern and Amber Aviation Limited, have expressed their keen interest in expanding their business operations and strengthening cooperation within ASEAN, particularly in Cambodia. This development was disclosed during a recent visit by Mr. Lao Nguon Eng, Commercial Attaché at the Consulate General of the Kingdom of Cambodia, to the companies’ headquarters…
Cambodia is preparing to participate in the ASEAN Foreign Ministers’ Meeting (AMM) Retreat in Malaysia next week, as announced by the Ministry of Foreign Affairs and International Cooperation. An internal preparatory meeting was held in Phnom Penh this morning, chaired by H.E. Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation,…
Japan will donate old Advanced Landmine Imaging System (ALIS) mine detectors to the nearly completed Techo Peace Museum in Siem Reap province, Cambodia. These mine detectors have been researched and developed in collaboration with Cambodia over the past 20 years. The donation was announced during a meeting held on January 6 at the Cambodian Mine…
The value of imports and exports passing through Cambodia’s Sihanoukville Special Economic Zone (SSEZ) hit a record high in 2024, according to Cambodia’s customs data released on Monday. The total trade volume of enterprises within the SSEZ reached an impressive US$4.07 billion in 2024, reflecting a year-on-year increase of 21.3 percent. This surge in trade…
On Wednesday, January 8, Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet welcomed a courtesy visit from a delegation representing the Cambodia Rice Federation (CRF) at the Peace Palace.
