ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

PRIME Minister Julia Gillard is aiming for an ambitious trade agreement that not only covers ASEAN and its neighbours but leaves the door open for other entrants. Ms Gillard arrived in the Cambodian capital Phnom Penh on Monday for the East Asia Summit, which is set ...

Businesses in Trat province have been told by officials to shape up and prepare for massive new opportunities when Cambodia opens the Koh Kong Industrial Estate later this month. The industrial estate, close to the Trat border, will be inaugurated by Cambodian prime minister Hun Sen ...

Before they left for the 25th World Scout Jamboree in South Korea, Hang Chuon Naron, Minister of Education, Youth and Sport and President of the Cambodian National Scouts advised the Cambodian National Scout delegation that it must uphold and maintain national dignity on the international ...

Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...

The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...

A senior official at the Ministry of Labour said that as of June, 2024, there were approximately 1.3 million Cambodian migrant workers living abroad, with most of them located in Thailand and South Korea. ...

As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...

Alleged ringleaders of an overseas employment scam the Ministry of Labour says bilked thousands of clients out of money were charged with fraud in Phnom Penh on Friday. Oun Sarath, 30, and Kim Sophat, 29, the director and marketing manager, respectively, of recruiting firm You Can ...

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...

The negotiations on the Kingdom’s proposed free trade deal with South Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early ...

Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...

When Chinese and Vietnamese tourists will flock into Cambodia’s Siem Reap province for Lunar New Year, heightened demand for accommodation may make things tough, insiders say. Ang Kim Eang, president of the Cambodian Association of Travel Agents, said that while many Chinese and Vietnamese tourists will ...

An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. In February, a Seoul court sentenced a raft of executives of ...

Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials  said that a $1,000-per-landing royalty fee ...

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...