The importance of apps in Cambodia is becoming more and more prevalent. The Ministry of Education, Youth and Sport (MoEYS) and the Ministry of Posts and Telecommunications (MPTC) announced last week the news of them building a new distance education app in partnership with mobile ...

South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...

MORE UK-based brands were looking to set up shop in Cambodia, Britain’s ambassador to Cambodia, Mark Gooding, said yesterday. Gooding said at Costa Coffee’s official opening in Phnom Penh he was pleased by the arrival of the international chain, the largest coffee brand in the UK, ...

Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. direct trade and investments between the two countries hit a record $112 million last ...

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...

Hundreds of indigenous minorities in Ratanakkiri province are being made worse off by Prime Minister Hun Sen’s land-titling scheme which, rather than securing their property rights, is contributing to the loss of their ancestral lands, according to a new report. The report supports complaints aired since ...

Cambodia Cashew Federation (CCF) recently urged processing companies in Vietnam to buy cashew nuts directly from farmers as this can ensure better prices for them. ...

The Kingdom of Cambodia is now able to directly export its longan to the Chinese market, Chinese Embassy in Cambodia said yesterday evening. ...

During the ASEAN Tourism Forum 2022 in Sihanoukville, Thong Khon, Minister of Tourism of Cambodia and Sandiaga Salahudin Uno, Minister of Tourism and Innovation of Indonesia inked a memorandum of understanding on tourism cooperation, especially to promote direct flight connections between the two countries. ...

The Siem Reap Angkor International Airport (SAI) is set to begin its operation on October 16 and the new airport can receive huge aircraft from the United States and Europe, facilitating direct flights for international tourists visiting the Kingdom of Wonder, a press release by ...

With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...

For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...

The saga of the stalled $240 million Gold Tower 42 was revived last week when it emerged that a supplier for the project had accused the owner and builder of failing to pay out nearly $500,000 in fees, according to an injunction request obtained by ...

With concern over increased air pollution affecting people’s health, the government yesterday issued a directive ordering all institutions to prevent and reduce emissions. According to a directive signed by Prime Minister Hun Sen yesterday, pollutants are produced by factories, vehicles, forest fire, rubbish and waste burning ...

India and Cambodia have decided to start direct air linkages between the two countries with impetus on tourism after the COVID-19 pandemic hit the sector. ...

Cambodia is actively seeking more direct investment to enhance its small and medium-sized enterprise (SME) sector, a key driver of the nation’s economic growth, according to the Ministry of Industry, Science, Technology and Innovation. ...

About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...

Prime Minister Hun Sen will open the 2012 ASEAN Business and Investment Summit, to run from the 17th to the 18th, in Phnom Penh tomorrow, ahead of the 21st ASEAN Summit on Monday. The summit is being held in an attempt to increase regional trade ...