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Business

The economy, investment, trade and the companies building Cambodia. · 906篇文章

Trade

16th Cambodian & Import-Export Goods Exhibition” Wraps Up Encouraging Local Entrepreneurs

The 16th Cambodian & Import-Export Goods Exhibition, an annual event organized by the Ministry of Commerce since 2005, recently concluded – an opportunity for local entrepreneurs to showcase their potential products to customers and find business partners. The four-day expo was an exceptional opportunity held from December 15 to 18 at the Koh Pich Convention…

Investment

“New Partnership to Boost Foreign Investment into Cambodia’s Real Estate Sector”

Phnom Penh, December 6th, 2023A strategic partnership agreement is signed between Tanichu Assetment, Japanese real estate developer, and Prestige Consulting, Cambodia’s investment advisory firm, with the main objective of boosting Cambodia’s real estate sector through bringing in foreign investments into Cambodia’s real estate sector. “We believe that this partnership will create significant value for both…

Trade

Cambodia’s Export Turnover Sees Modest Growth in 11-Month Period

According to a recent report by the General Department of Customs and Excise, Cambodia’s export turnover reached nearly $20.5 billion in the first 11 months of 2023, marking a slight increase of 1.2% compared to the previous year. The United States, Vietnam, China, Thailand, and Japan emerged as Cambodia’s top five export markets during this…

Investment

Cambodian Prime Minister Hun Manet Applauds BIDV’s Efforts and Encourages Expansion of Services and Technological Advancements for Cambodian Customers

Prime Minister Hun Manet of Cambodia met with Phan Duc Tu, Chairman of the Board of Directors of the Bank for Investment and Development of Viet Nam (BIDV), during a courtesy call in Hanoi, Viet Nam. The meeting provided an opportunity for the BIDV delegation to discuss their business activities in Cambodia and express their…

Investment

Empowering Cambodia’s Future: The Crucial Role of SMEs and Government Support

In the vibrant landscape of Cambodia’s economic development, Small and Medium Enterprises (SMEs) stand as the unsung heroes, driving progress and catalyzing change. With a formidable presence, SMEs play a pivotal role in shaping the nation’s destiny. Representing 70% of employment and contributing 58% to GDP, their impact is undeniable, and the Cambodian government’s unwavering…

Investment

SprintX Accelerator Program Organizes Demo Day and Announce the winners

11th December 2023 Phnom Penh On 11th December 2023, Khmer Enterprise and Prestige Consulting organized a Demo Day under the SprintX Accelerator program. The event was presided over by H.E. Dr. Chhieng Vanmunin, Chief Executive Officer of Khmer Enterprise, and attended by more than 100 members composed of investors, field experts, leaders of corporations and…

Investment

UK and Cambodia Sign MoU to Boost Infrastructure Development

The British government has signed a Memorandum of Understanding (MoU) with Cambodia to support the country’s infrastructure development. The MoU was signed between the Ministry of Economy and Finance (MEF) and the British Ambassador to Cambodia, Dominic Williams. Under the agreement, the UK will provide technical support, promote investment opportunities, and mobilize private sector resources…

Economy

Cambodia’s Exports Surpass $20 Billion, Defying Global Downturn

Cambodia’s export sector has showcased resilience and growth, reaching an impressive milestone of over $20.49 billion in the January-November period this year, marking a commendable 1.2 percent increase compared to the same period last year, as per a report from the General Department of Customs and Excise. Highlighting the nation’s global reach, the United States…

Investment

Cambodia and France Initiate Talks on Double Taxation Agreement to Catalyze Business Flows

Cambodia and France have embarked on negotiations for a Double Taxation Agreement (DTA) aimed at boosting business and investment flows between the two nations. The first round of talks was chaired by Bun Neary, deputy director-general of the General Department of Taxation (GDT), and led by Florian De Filippo, head of the International Trade Rules…

Economy

Cambodia’s Consumer Electronics Market: A Bright Future Ahead

Despite facing challenges in the consumer electronics market, Cambodia is poised to benefit from the growth trend projected in the sector globally. According to Statista, the revenue in the consumer electronics market is expected to hit US$883.7m in 2023, with a Compound Annual Growth Rate (CAGR) of 3.15% between 2023 and 2028. The market’s largest…

Investment

World Cashew Conference 2024: Siem Reap welcomes global experts

The 10th World Cashew Conference is set to be a groundbreaking event, attracting over 500 industry insiders from across the globe to convene in Cambodia’s Siem Reap province from February 1-3. The Cashew Nut Association of Cambodia (CAC) proudly announced this significant gathering during a press and study visit on November 29, organized by the…