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Business

The economy, investment, trade and the companies building Cambodia. · 905篇文章

Industry

New National Air Transport Policy Targets 25 Million Passengers by 2035

The Royal Government has officially approved the National Policy on Air Transport 2025–2035, setting an ambitious goal to handle 25 million air passengers annually by 2035. The policy was adopted during a weekly cabinet meeting held on Friday, chaired by Prime Minister Hun Manet. Designed to strengthen and expand domestic, regional, and international connectivity, the…

Trade

Cambodia Reduces Tariffs on U.S. Products, Seeks Dialogue on U.S. Tariff Hike

The Royal Government of Cambodia has announced an immediate tariff reduction on 19 categories of U.S. product imports and has formally requested negotiations with the United States regarding the upcoming tariff increase on Cambodian goods. In a letter addressed to U.S. President Donald J. Trump on April 4, 2025, Prime Minister Samdech Moha Borvor Thipadei…

Trade

Cambodian PM Urges Public Calm Over U.S. Reciprocal Tariff Measures

Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet has called on the public to remain calm and place trust in the government as it addresses the implications of the United States’ recently announced reciprocal tariffs on Cambodia. His remarks were delivered during a news release summarizing the outcomes of the weekly plenary cabinet meeting,…

Investment

Cambodia Strengthens Global Investment and Trade Ties at WTO Meetings in Geneva

H.E. Mrs. CHAM Nimul, Minister of Commerce of Cambodia, held a meeting with the co-facilitators of the Investment Facilitation for Development Initiative (IFDA) on the sidelines of Cambodia’s 3rd Trade Policy Review at the World Trade Organisation (WTO) headquarters in Geneva, Switzerland, late last week. The co-facilitators included H.E. João Aguiar Machado, Permanent Representative of…

Trade

Cambodia Charts Path Toward Sustainable Growth at Economic Policy Symposium

Phnom Penh — H.E. Prof. Dr. SOK Siphana, Senior Minister in charge of Special Missions (Multilateral Trade and Economic Affairs) and Chairman of the Trade Policy Advisory Board (TPAB), delivered the keynote address at the Joint Symposium on Cambodia’s Economic Development and Economic Policy: Opportunities and Challenges, held at the Institute for Banking Studies. The…

Trade

WTO Chief Commends Cambodia’s Economic Progress and Trade Reforms

Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has commended Cambodia for its robust macroeconomic performance and efforts to diversify its economy. The praise came during her meeting with H.E. Mrs. Cham Nimul, Cambodia’s Minister of Commerce, on March 27, held on the sidelines of Cambodia’s Third Trade Policy Review in Geneva, Switzerland.…

Investment

Cambodia and India Strengthen Bilateral Ties with Focus on Trade and Investment

The Deputy Prime Minister and First Vice Chair of the Council for the Development of Cambodia (CDC), H.E. Sun Chanthol, received the newly appointed Indian Ambassador to Cambodia, H.E. Vanlalvawna Bawitlung, for a meeting aimed at deepening trade and investment cooperation between the two nations. The meeting took place on March 26 at the CDC…

Industry

CDC and IFC Collaborate on PPP Framework for Sihanoukville Logistics Complex

The Council for the Development of Cambodia (CDC) and the International Finance Corporation (IFC) have held discussions to advance the drafting of Public-Private Partnership (PPP) operating procedures for the upcoming Sihanoukville Logistics Complex. On March 26, Deputy Prime Minister H.E. Sun Chanthol, who also serves as the First Vice Chair of the CDC, welcomed an…

Economy

Investment and Trade Opportunities Highlighted at India-Cambodia Business Meet

As part of the Trade & Investment Mission: Cambodia 2025, the Global Trade & Technology Council (India) (GTTCI), in association with IFBIC, successfully hosted the India-Cambodia Business Meet at Olympia City Hotel by Dara, Phnom Penh. The high-profile event, with the notable presence of HE Mr. Samheng Boros, served as a crucial platform for strengthening…

Industry

Osamu Suzuki: The Manufacturing Icon Who Transformed Global Automobile Industry

Osamu Suzuki, the former chairman and CEO of Suzuki Motor Corporation, stands as a towering figure in the global manufacturing and automotive industry. His strategic decisions and innovative approaches not only shaped Suzuki into a global powerhouse but also revolutionized the automobile industry, particularly in emerging markets like India. His leadership serves as a blueprint…

Economy

Panasonic Cambodia Explores Expansion and Investment Opportunities with Minister Hem Vanndy

Minister Hem Vanndy welcomed a delegation from Panasonic Cambodia on March 21, 2025, to discuss the company’s contributions and future plans in Cambodia. Mr. Hisakazu Maeda, Country Head of Panasonic Cambodia, outlined the company’s operations and initiatives in Cambodia since 2010, highlighting its mission to serve the Cambodian market. He emphasized Panasonic’s strong focus on…

Economy

Cambodia and Togo Explore Opportunities for Industrial and Trade Cooperation

H.E. Hem Vanndy, Minister of Industry, Science, Technology & Innovation, welcomed a delegation from the Togolese Republic, led by H.E. Prof. Komlan Edo Robert DUSSEY, Minister of Foreign Affairs, Regional Integration and Togolese Abroad, to discuss strengthening bilateral relations and enhancing industrial collaboration. During the meeting, H.E. Prof. DUSSEY commended Cambodia’s industrial growth and trade…