· 1,408篇文章
The Credit Guarantee Corporation of Cambodia (CGCC) has been instrumental in driving economic growth by infusing credit guarantees totaling an impressive $164.7 million into the Cambodian business landscape as of December 2023. This significant financial support has reached 1,928 enterprises across the country, breathing new life into large corporations, micro-enterprises, and small businesses alike. The…
The ambitious “Immersive Angkor” project, set to become Cambodia’s first 3D virtual museum, has garnered significant attention and support from industry experts and stakeholders. This innovative concept, aimed at enhancing the visitor experience at the Angkor Archaeological Park, received a resounding vote of confidence from Prime Minister Hun Manet during a recent meeting with project…
In a diplomatic exchange that underscores the importance of international relations, Cambodian Prime Minister Samdech Thipadei Hun Manet received a warm courtesy call from Australian Ambassador to Cambodia, Justin Kevin Whyatt. This meeting, held on Monday, January 22nd, took place at the prestigious Peace Palace, a symbolic venue for discussions on peace and cooperation. The…
In a remarkable turn of events, Cambodia experienced a significant surge in international tourist arrivals in 2023, welcoming approximately 5.43 million foreign visitors. This figure represents a staggering 139.5% increase compared to the 2.27 million tourists received in 2022, as reported by the Ministry of Tourism. Thailand emerged as the leading contributor to foreign arrivals,…
Telcotech Ltd, a leading provider of Fiber Optics Infrastructure and submarine networks and a subsidiary of the Royal Group, marked a significant milestone by listing its second $20 million bond on the Cambodia Securities Exchange (CSX) last Friday. The corporate bond, aptly named the “Telcotech Public Bond,” comes with the backing of the Credit Guarantee…
In a groundbreaking strategic alliance aimed at bolstering green development financing, the Ministry of Environment has joined forces with Mekong Strategic Capital (MSC) to assist the Agricultural and Rural Development Bank (ARDB) in becoming an Accredited Entity under the Green Climate Fund (GCF). The partnership, discussed during a recent meeting between Environment Minister Eang Sophalleth…
In a remarkable display of growth and cultural integration, Cambodia’s Toys & Hobby market is making significant strides in 2024. With an expected revenue generation of US$348 million, this sector is not just thriving; it’s a testament to the country’s evolving consumer landscape and cultural richness. This insightful data, as reported by STATISTA, a leading…
In recent years, the snack food market in Cambodia has experienced significant growth, reflecting changing consumer habits and economic development. As of 2024, the revenue in Cambodia’s snack food market amounts to an impressive US$305.40 million, indicating a strong and expanding sector. Rapid Growth and Future Projections The Cambodian snack food market is not just…
The Hotels in Cambodia market is forecast to exhibit strong growth by 2024, with robust expansion in value terms anticipated over the next five years to be driven by the inbound travelers and a booming local economy. According to industry estimates from STATISTA, the revenue of the hotel industry of the country is expected to…
The Vietnamese business community is gearing up to establish the Vietnamese Business Club in Cambodia (VBCC), a move set to foster and expedite trade and investment between these two ASEAN neighbors. Vietnamese Ambassador to Cambodia, Nguyen Huy Tang, convened a meeting on January 16 with 50 Vietnamese business owners and representatives to discuss the challenges…
The implementation of an Environmental, Social, and Corporate Governance (ESG) framework for Foreign Direct Investments (FDIs) holds immense importance for Cambodia as it paves the way for a harmonious blend of social development and economic progress. This perspective was underscored by David Van, Senior Advisor for Public Private Partnership at PLATFORM-Impact, during the ‘ESG Talk:…
The Royal Government of Cambodia has granted approval for an international consortium to initiate a comprehensive feasibility study concerning the construction of a new airport in Ou Reang district, Mondulkiri province. This strategic project aligns with the government’s ‘Mondulkiri Tourism Development Master Plan 2021-2035,’ aiming to stimulate agri-tourism development in the region and enhance connectivity…
Cambodia and India are poised to establish a Joint Business Council (JBC) under the leadership of Cambodia’s Commerce Minister, Cham Nimul, in an endeavor to foster trade and investment collaboration between the two nations. Devyani Khobragade, the Ambassador of India to Cambodia, made this significant announcement recently, underscoring the commitment of both countries to deepen…
