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Cambodia and Australia launch food innovation partnership to support agri-food SMEs

Cambodia and Australia launched a new Food Innovation Partnership to support Cambodia’s agri-food small and medium-sized enterprises (SMEs) to develop new products, meet food safety standards, and improve their market reach. ...

Khmer Times Staff
https://www.khmertimeskh.com/501366475/cambodia-and-australia-launch-food-innovation-partnership-to-support-agri-food-smes/

Cambodia, Malaysia set for joint tourism campaign

Cambodia and Malaysia recently decided to promote the ‘Two Countries, One Destination’ tourism plan to tap more into the European and Chinese markets. The campaign will also help Cambodia to attract more Muslim tourists. ...

Manoj Mathew
https://www.khmertimeskh.com/501373705/cambodia-malaysia-set-for-joint-tourism-campaign/

Cambodia’s SMEs battle string of challenges

The Director General of the National Bank of Cambodia, Chea Serey, said on Thursday that Cambodian SMEs face a number of challenges that range from a lack of human resources and market capitalization, to access to credit. ...

Mao Sreypich
https://kiripost.com/stories/cambodias-smes-battle-string-of-challenges

Cambodia hopes to export 1,000 tonnes of rice to the Philippines

Cambodia has high hopes of forging a deal with the Philippines to export 1,000 tonnes of rice as a trial, the head of Cambodian Rice Federation (CRF) said on Monday after a visit to explore the market. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-hopes-to-export-1000-tonnes-of-rice-to-the-philippines

Cambodia to directly ship goods to US, EU by 2030

By 2030, Sihanoukville Autonomous Port (PAS) will be able to ship goods directly without any transit to the US and European Union (EU) markets, said Sun Chanthol, Minister of Public Works and Transports (MPWT) yesterday. ...

Kang Sothear
https://www.khmertimeskh.com/501254285/cambodia-to-directly-ship-goods-to-us-eu-by-2030/

Prey Veng, the biggest rice producer in Cambodia

Prey Veng is the leading province in Cambodia in terms of rice production for local consumption and export to foreign markets, affirmed Chea Somethy, Governor of Prey Veng province, at a press conference in Phnom Penh yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501261721/prey-veng-the-biggest-rice-producer-in-cambodia/

Vocational training a key component to Cambodia’s development

Cambodia’s economic success depends on having skilled technicians to meet investors’ demands and labor market needs – and a shortage of human resources could impede the country’s ability to attract the investment it needs. ...

Seng Mengheng
https://kiripost.com/stories/vocational-training-a-key-component-to-cambodias-development

Cambodia may invest in Cuban rice production

Cambodia is considering investing in rice production in Cuba to help strengthen the Caribbean island nation’s capacity to ensure food security, as well as to increase the presence of the Kingdom’s varieties of the stable crop in international markets. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-invest-cuban-rice-production

Cart Tire revving up to raise capital investment to $700M

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m

Gov’t seeks more Japan investment

The Kingdom anticipates increased direct investment from the Japanese, as the Cambodian government and private sector highlight the country’s potential in geography, investment law, labour force and ability to export to international markets with trade preferences. ...

Hin Pisei
https://www.phnompenhpost.com/post-in-depth/gov-t-seeks-more-japan-investment

Small enterprises to receive financial support from ADB, FTB

Realising that 99 percent of Cambodian businesses are micro, small, and medium-sized enterprises (MSMEs), the Foreign Trade Bank of Cambodia (FTB) and the Asian Development Bank’s (ADB) have stepped into to fill the market gaps across the whole country. ...

Nhean Chamrong
https://www.khmertimeskh.com/501437116/small-enterprises-to-receive-financial-support-from-adb-ftb/

Jewellery exports hit $851M in ‘23; exhibition upcoming

Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming

Businesses encouraged to register for IP rights

The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...

Chea Vanyuth
https://www.khmertimeskh.com/501480749/businesses-encouraged-to-register-for-ip-rights/

Digital content key to growth for Kingdom's telecom firms

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

http://www.phnompenhpost.com/index.php/2011122253557/Business/digital-content-key-to-growth-for-kingdoms-telecom-firms.html

Demand for office space making a comeback

  After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...

Two more banks setting up shop

The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...

http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html

Property prices remain flat in Phnom Penh

Despite signs that demand is starting to come back to the real estate sector, an oversupply in the market has kept prices for commercial and residential properties in Phnom Penh flat over the past 12 months, according to data from Bonna Realty Group. Prices for commercial ...

UAE considering Kingdom's rice

Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday. The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades ...

http://www.phnompenhpost.com

Land on capital’s riverfront is opened up for investment

The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy ...

Hor Kimsay
https://www.phnompenhpost.com/business/land-capitals-riverfront-opened-investment

Kingdom’s rice exports down 1.5%

The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rice-exports-down-15

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