Business

Phnom Penh, September 16, 2024 --A senior official of the Council for the Development of Cambodia (CDC) has requested a Canadian international trade delegation to help promote Cambodia’s investment potential and opportunities among Canadian investors and businesspeople, and to consider the possibility of investing in renewable energy and agro-industry sectors.H.E. Chea Vuthy, Secretary General of the CDC’s Cambodian Investment Board, made the request while he was receiving here late last week the Canadian delegation, led by Mr. Paul Thoppil, Canada’s Indo-Pacific Trade Representative, to discuss Cambodia’s investment environment and ways to promote bilateral trade cooperation between the two countries.H.E. Chea Vuthy briefed his guest about Cambodia’s favourable investment environment as well as the law on investment which establishes an open, transparent, and predictable legal framework to attract and promote quality, effective and efficient investments.For his side, Mr. Paul Thoppil thanked H.E. Chea Vuthy for the detail information, and informed him about Canada’s Indo-Pacific Strategy, stressing that Canada wishes to see Cambodia play a key role in this strategy.The Canadian side also acknowledged Cambodia’s high potential including peace, political and economic stability, openness of investment incentives, and young labour force, but laid stress on the necessity to promote Cambodia to the Canadian business community by mentioning the success of Canadian investment in Cambodia such as ABA Bank and Manulife insurance company.Besides, he insisted on the importance to conclude the negotiations on ASEAN-Canada Free Trade Agreement, which will contribute to attracting Canadian investment to Cambodia.H.E. Chea Vuthy reaffirmed the CDC’s readiness to cooperate with the Canadian side on the promotion of Cambodia as an attractive investment destination. He added that on Sept. 26, 2024, H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of CDC, would lead a delegation to Canada to promote Cambodia’s investment potential and opportunities to the Canadian business community.

date_range 16-Sep-2024
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Trade

Phnom Penh, September 12, 2024 --Cambodia and the Republic of Korea have expressed their appreciation for their good relations and cooperation, mainly in the fields of trade and investment, physical infrastructure, labour, military, peacekeeping operations (PKO) and anti-terrorism, and so on.The appreciation was made during a meeting in Seoul, on Sept. 11 between Samdech Akka Moha Sena Padei Techo Hun Sen, President of the Cambodian Senate, and H.E. Yoon Suk Yeol, President of Republic of Korea, during the former’s stay in ROK to attend the 25th World Knowledge Forum (WKF) 2024.Both leaders spoke highly of Cambodia-ROK Free Trade Agreement that has boosted the trade exchange and investment between the two countries,Samdech Techo Hun Sen expressed his gratitude to the Government and people of ROK for their contribution to the socio-economic development of Cambodia, and requested the Korean president to encourage more Korean investors to come and invest in Cambodia and increase quotas for Cambodian migrant workers.The former Cambodian Premier also asked the Korean side to consider the possibility of elevating both nations’ relations to comprehensive strategic partnership in the next three years when they will celebrate the 30th anniversary of the establishment of their diplomatic relations.Samdech Techo Hun Sen extended a royal invitation of His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia, to H.E. Yoon Suk Yeol, to pay a visit to Cambodia in his convenient time.For his part, H.E. Yoon Suk Yeol expressed welcome to Samdech Techo Hun Sen’s visit to ROK to attend the 25th WKF 2024, and recalled the visit of Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet to ROK in May this year, during which the Cambodia-ROK bilateral ties have been upgraded to the level of strategic partnership.The Korean President also admired Samdech Techo Hun Sen’s wise leadership, and accepted the royal invitation to pay a state visit to Cambodia.

date_range 12-Sep-2024
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Cambodia-Indonesia Bilateral Trade Exceeds US$1 Billion in 2023

date_range 16-Sep-2024
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Phnom Penh, September 16, 2024 --The two-way trade between the Kingdom of Cambodia and the Republic of Indonesia surpassed US$1 billion last year, up 15 percent compared to 2022.The figures were shared by H.E. Mrs. Cham Nimul, Minister of Commerce of Cambodia, while presiding over the opening ceremony of the two-day “Sousdey Indonesia” expo, held at Koh Pich Convention and Exhibition Centre late last week.With creative initiative such as Sousdey Indonesia as well as strong cooperation between the two government in new trade activities, H.E. Minister showed full confidence that 2024 will be even more substantial.H.E. Mrs. Cham Nimul took the opportunity to encourage the private sector to join and organise theme events more frequently, both in Cambodia and in Indonesia, exploring potentials, untapped opportunities, and new partnerships.She expressed appreciation and congratulated Indonesian Ambassador to Cambodia H.E. Santo Darmosumarto, the Embassy of the Republic of Indonesia in Phnom Penh and relevant stakeholders for organising “Sousdey Indonesia,” which has been a steadfast event in Phnom Penh since 2006, making this 2024 the 15th anniversary, which also marks the 65th anniversary of diplomatic relations between Cambodia and Indonesia.

CDC Requests Canada to Help Promote Cambodia’s Investment Potential among Investors

date_range 16-Sep-2024
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Cambodia Welcomes More American Investments

date_range 10-Sep-2024
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Investissement Québec International to Explore Investment Opportunities in Cambodia

date_range 09-Sep-2024
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DPM SUN Chanthol: Investment Enables Cambodia to Build Interconnected Infrastructure Nationwide

date_range 09-Sep-2024
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Cambodia Bags US$305 Million from Rice Export in Eight Months

date_range 06-Sep-2024
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Cambodia Receives US$35 Million for 97 Projects under MLC Framework

date_range 06-Sep-2024
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Cambodia Expects More Investments from the U.S.A

date_range 04-Sep-2024
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FUNG Group Interested in Textile and Garment Investment in Cambodia

date_range 03-Sep-2024
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Cambodia, South Korea Discuss Digital Education Cooperation

date_range 02-Jul-2024
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Phnom Penh, July 02, 2024 --Cambodia and the Republic of Korea have discussed more cooperation to promote digital education in Cambodia.The discussion took place in a recent meeting in the Republic of Korea between H.E. Ms. Kim Sethany, Secretary of State at the Ministry of Education, Youth, and Sports, and Mr. Jung Dae-Ho, Director General of the Education Department of Busan city, South Korea.The two sides spoke highly of nearly 20 years of good collaboration in education and vowed to renew their partnership in 2025.The partnership will support networking between schools in Busan city and Cambodia through education and technology experience sharing and capacity building, especially for Cambodian teachers.H.E. Ms. Kim Sethany emphasised that South Korea is a leading country in mainstreaming technology in education and that the new partnership reflects a long-lasting friendship and will contribute significantly to Cambodia’s education advancement.

IMF: Singapore, New Zealand Best Prepared For AI Among RCEP Economies

date_range 28-Jun-2024
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Cambodia Launches Digital Platform For Registration Of SMEs, Handicrafts And Factories

date_range 28-Jun-2024
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Visa Supports Women-Owned SMBs And Youths In Southeast Asia With Digital And Financial Skills

date_range 03-Jun-2024
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Visa Supports Women-Owned SMBs And Youths In Southeast Asia With Digital And Financial Skills

date_range 30-May-2024
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Major websites for online learning

date_range 08-Apr-2024
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Meta's Whatsapp messenger faces disruption for tens of thousands of users around the world

date_range 05-Apr-2024
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Cambodia’s Digitalization Advances In Remarkable Pace

date_range 11-Mar-2024
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First Ever Digital Government Forum Kicks Off

date_range 11-Mar-2024
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Gumball 3000 Rally to Promote Cambodia's Tourism Destinations to the World

date_range 16-Sep-2024
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Phnom Penh, September 13, 2024 --Gumball 3000 Rally will help promote Cambodia's tourism destinations to the world with its world-breaking record.Mr. Ngov Sengkak, Deputy Governor of Siem Reap province shared the insight in a preparatory meeting for the Gumball 3000 Rally in the province on Sept. 12.The sports sector is a main driving force to attract tourists to visit Cambodia, particularly to Siem Reap province, the country's famous historical heritage region, said the deputy governor.Taking place from Sept. 15 to 17, the event is expected to attract the participation of famous athletes from 40 countries.The event will feature the world's largest luxury car show, including supercars, hypercars, and sportscars to break the Guinness World Record in front of the Angkor Wat Temple and at the complex of Preah Reach Damnak Park.H.E. Kuch Panhasa, Secretary of State at the Ministry of Tourism, said the Gumball 3000 Rally will help profile Cambodia's Siem Reap Angkor Archaeological Park and attract more visitors to the province.

Some Korean Companies Interested in Human Resource Training and EVs in Cambodia

date_range 12-Sep-2024
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Cambodia, ROK Satisfied with Bilateral Relations and Cooperation

date_range 12-Sep-2024
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PAS’ Additional Container Terminal Put into Official Use

date_range 12-Sep-2024
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Cambodia Rice Forum 2024 Held to Fuel Rice Industry

date_range 10-Sep-2024
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Techo International Airport Launches a Flight Inspection

date_range 10-Sep-2024
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NOCC President Attends 44th OCA General Assembly in India

date_range 10-Sep-2024
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Cambodia, Canada Explore Opportunities to Deepen Ties

date_range 09-Sep-2024
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Consultative Meeting on Peace Charter Held in Phnom Penh

date_range 06-Sep-2024
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5 Smartest Dog Breeds in the World

date_range 26-Aug-2024
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Have you ever wondered how intelligent your dog is compared to other dog breeds? Or would you like to learn more about the world's smartest dog breeds? If so, you have come to the right place.We've identified the ten smartest dog breeds in the world and gone over some of their distinguishing characteristics for you here!1.Border CollieIf you want the most intelligent dog breed, the Border Collie is it. They are incredibly intelligent and active canines with a background in herding. However, keep in mind that, despite their intelligence, they have strong herding instincts and are not usually the best companions for little children or cats. But with a little consistency and instruction, you can teach a Border Collie almost anything!2.PoodleThe Poodle is another well-known intelligent dog breed, and what makes them unique is that they come in a variety of sizes and shapes. Poodles are also regarded more hypoallergenic than other breeds and get along well with children and other dogs, so they can fit into almost any family. No surprise these dogs are so popular!3.German ShepherdIf you want a working dog, there's a reason why the German Shepherd is so popular. They're intelligent enough to learn almost any task you give them, and they're dependable enough to keep performing what you want month after month and day after day. They are also fantastic with youngsters, although you should exercise caution when around other dogs.4. Golden RetrieverIf you're seeking for the ideal family dog, the Golden Retriever may be your best option. They get along well with children and other pets, and they never seem to get enough attention from everyone in the household. They're also quite loyal and intelligent, so a little training and consistency may go a long way.5.Doberman PinscherThe Doberman Pinscher is one of the smartest large dog breeds on the globe, with some weighing nearly 100 pounds! They make excellent family dogs who enjoy impressing their people, however it is important to note that these enormous dogs are quite energetic.As a result, we don't recommend getting one unless you have plenty of room for them to run around and expend some energy.

Industry Minister Calls on Local Food Producers to Elevate Khmer Cuisine to Global Audience

date_range 07-Aug-2024
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"Orchids of Angkor Wat" Exhibit Opens at Singapore's Cloud Forest

date_range 21-May-2024
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Phnom Penh To Host First International Choir Contest

date_range 21-May-2024
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6 Reasons Why Beer Is Good in Summer

date_range 06-May-2024
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5_effective_sleep_management_methods_to_help_you_get_a_good_night's

date_range 09-Apr-2024
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What kind of plastics are safe to reuse?

date_range 09-Apr-2024
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USAID Announces New Environment Project to Preserve and Protect Biodiversity and Natural Resources in Cambodia

date_range 22-Dec-2023
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Best Time to Make Fermented and Dried Fish Starts

date_range 20-Dec-2023
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U.S. Food and Beverage Showcase Highlights American Culinary Excellence in Cambodia

date_range 09-Aug-2024
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Phnom Penh, August 09, 2024 --U.S. Embassy Phnom Penh organised Cambodia’s first U.S. Food and Beverage trade show on Aug. 8 at the Rosewood hotel to highlight a diverse selection of American food and beverage offerings.“U.S. ingredients are and will continue to be an important contributor to the successes of restaurants and the food and beverage sector in Cambodia,” said Acting Deputy Chief of Mission Aleks Zittle at the event.According to a press release of the U.S. Embassy in Phnom Penh issued on Aug. 8, from meat and potatoes to dairy and wine, representatives from U.S. food associations across the region showed off a variety of U.S. products.Celebrity chef and founder of the Cambodian Chef Association Luu Meng welcomed representatives of top hotels, restaurants, trade associations, culinary schools, and, of course, foodies.The event was made possible by the United States Department of Agriculture with support from the California Milk Advisory Board, the U.S. Soybean Export Council, the U.S. Dairy Export Council, the U.S. Meat Export Federation, Potatoes USA, and the U.S. Poultry and Egg Export Council. Local distributors who contributed include AusKhmer, Lee’s, LSH, and Nice Blue, among others.

Industry Minister Calls on Local Food Producers to Elevate Khmer Cuisine to Global Audience

date_range 07-Aug-2024
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ITC, Japan's University Establish Air Quality Monitoring System

date_range 18-Jul-2024
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Mondulkiri Sets National Precedent With Cross-Sector Collaboration For Improved Adolescent And Youth Health And Well-Being

date_range 25-Jun-2024
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Sitting all day? Here are 4 tips that can help you feel better

date_range 20-May-2024
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6 Reasons Why Beer Is Good in Summer

date_range 06-May-2024
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NEW LE PETIT CHEF & FRIENDS SHOW AT HYATT REGENCY PHNOM PENH

date_range 26-Apr-2024
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Natural remedy that is recognized to be effective in just one night

date_range 09-Apr-2024
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How to take care of our skin and stay young

date_range 09-Apr-2024
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2024 SEA Wave Finswimming Round 4: Cambodia Grabs Four Medals

date_range 11-Sep-2024
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Phnom Penh, September 11, 2024 --Cambodia has bagged four medals – two silver and two bronze – at the 2024 SEA Wave Finswimming Round 4 at Sport Complex Psu Phuket, Thailand.Huon Tith Dalin won the two silver medals in 50m How to swim Surface and 100m Surface Swimming; and the two bronze medals in 50m How to swim Bi-Fins and 100m Bi-Fins Swimming, according to the National Olympic Committee of Cambodia (NOCC).Organised by the Association of Thailand Underwater Sports (ATUS), the tournament took place from Sept. 6 to 8, with the participation of many finswimmers from ASEAN and Asian countries.

Cambodian Volleyball Players Win First Place in SEA V League Challenge 2024

date_range 04-Sep-2024
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Five Cambodian Soft Tennis Athletes Joining a Camp Training in South Korea

date_range 26-Aug-2024
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Jet Ski Athlete Saly Oumoeut Wins a Silver Medal from World Series Europe 2024

date_range 29-Jul-2024
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2nd International Indonesia Pencak Silat Open Championship 2024: Cambodia Grabs Three Medals

date_range 17-Jul-2024
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Cambodia Grabs Six Medals At 21st ASEAN University Games In Indonesia

date_range 04-Jul-2024
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Information Minister Supports Cambodian-Chinese Amateur Badminton Championship

date_range 03-Jun-2024
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Cambodian Women's Team Expects To Excel At 2024 Women Indoor Hockey Asia Cup

date_range 10-May-2024
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Five Medals Earned At 2024 Ju-Jitsu Asian Championship In UAE

date_range 07-May-2024
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Cambodian Environment Minister: Participation Of All Stakeholders Necessary For Ocean Protection

date_range 24-Jul-2024
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Phnom Penh, July 24, 2024 --“Preserving and sustainably using the oceans and marine resources for sustainable development are the shared responsibility of all nations,” stressed H.E. Eang Sophalleth, Cambodian Minister of Environment while presiding over the opening ceremony of the first “Blue Talks” in Cambodia on Tuesday.Organised by the French Embassy in Phnom Penh in partnership with the French Agency for Development (AFD), the event was held in Sihanoukville, Preah Sihanouk province in preparation for the Third UN Ocean Conference (UNOC3) to be held in Nice, France in June 2025.H.E. Eang Sophalleth also underscored the importance of protecting the marine environment and biodiversity, and welcomed the close cooperation from relevant partners to share knowledge and cooperation in maritime health care.Moreover, he mentioned about the ocean pollution due to plastic waste, and laid stress on Cambodia’s active contribution to reducing plastic waste, affirming that the Kingdom has reduced the plastic consumption by 74.1 percent in the past 11 months.The UN statistics show that by 2050, the plastic population will exceed the number of fishes in the ocean.According to French Embassy, the first “Blue Talks” in Cambodia aimed to mobilise all stakeholders to create favorable conditions for international negotiations and establish a network of stakeholders in Cambodia to develop new projects dedicated to the oceans. The ultimate objective is to raise the level of ambition and collectively increase the efforts to protect the oceans by June 2025.H.E. Jacques Pellet, Ambassador of France to Cambodia, H.E. Long Dimanche, Deputy Governor of Preah Sihanouk province, and Mr. Jean-Pierre Marcelli, AFD Regional Director for Southeast Asia, as well as representatives of different ministries, NGOs, EU Delegation to Cambodia, UN agencies and private sector also joined H.E. Minister of Environment in exchanging views on issues of blue economy, ecotourism, maritime trade and responsible agriculture.

Some 2.6 Million Foreign Tourists Visit Cambodia In H1

date_range 05-Jul-2024
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Cambodian PM To Pay An Official Visit To Singapore Tomorrow

date_range 17-Jun-2024
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Another Cruiser Brings Along Nearly 200 Foreign Tourists To Cambodia

date_range 05-Jun-2024
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Cambodian PM Heading For Laos For Two-Day Official Visit

date_range 25-Mar-2024
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China Provides Grant Aid For Cambodia's Council Of Ministers

date_range 06-Mar-2024
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Over 310 Multi-National Tourists Visit Preah Sihanouk Coastal Province

date_range 19-Feb-2024
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PM And First Lady Depart For Official Visit To Thailand

date_range 07-Feb-2024
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Government Supports UNDP's Country Programme 2024-2028

date_range 02-Feb-2024
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PRESS RELEASE: Global Finance’s Central Banker Report Cards 2024

date_range 26-Aug-2024
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Global Finance magazine has released the names of Central Bank Governors who earned the highest grades, “A+”, “A” or “A-”, in the Central Banker Report Cards 2024. The full Central Banker Report Cards 2024 grade list will appear in Global Finance’s October print and digital editions as well as online at GFMag.com.The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 100 key countries, territories and districts, as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance, down through “F” for outright failure.)“Central bankers have waged war against inflation over the past few years, wielding their primary weapon: higher interest rates. Now, countries around the world are witnessing the tangible results of these efforts, as inflation has dropped significantly,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards honor those bank leaders whose strategies outperformed their peers through originality, creativity and tenacity.” Published by Korn Chamnan

Journalists Share Perspectives for Lancang-Mekong Cooperation

date_range 21-Aug-2024
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Mpox scientist makes chilling 'new global outbreak' prediction after 'concerning development'

date_range 20-Aug-2024
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Court removes Prime Minister Srettha from office in another ruling shaking up Thailand's politics

date_range 15-Aug-2024
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Hamas leader Ismail Haniyeh assassinated in Iran

date_range 31-Jul-2024
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Cambodia, the Philippines to Tighten Army Cooperation

date_range 29-Jul-2024
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Information Ministry Enters Into Cooperation MoU With Commerce Ministry

date_range 09-Jul-2024
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Cambodia-China Joint Naval Exercise: Not A Threat

date_range 28-May-2024
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Cambodian PM Leaves For High-Level Opening Of UN-ESCAP’s 80th Session In Bangkok

date_range 22-Apr-2024
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Outgoing Thai Ambassador Bids Cambodian Foreign Minister Farewell

date_range 11-Sep-2024
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Phnom Penh, September 11, 2024 --Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation H.E. Sok Chenda Sophea received at the ministry on Sept. 10 a farewell call by outgoing Thai Ambassador H.E. Cherdkiat Atthakor upon his completion of tenure in Cambodia.During the farewell meeting, H.E. Deputy Prime Minister congratulated the Thai envoy on the successful completion of his diplomatic mission in Cambodia. He highly valued the ambassador’s active contribution to advancing the bilateral relations, which had been elevated to “Strategic Partnership” in February 2024.As the two countries will celebrate the 75th anniversary of diplomatic relations in 2025, both sides agreed to jointly organise events to commemorate the special year.For his part, the outgoing Thai Ambassador extended profound appreciation to the ministry for providing steadfast support during his mission in the Kingdom.

14 Ukrainian Demining Experts Being Trained on Using Deming Equipment

date_range 08-Aug-2024
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Cambodia to Join Asia Cross Country Rally 2024 in Thailand

date_range 08-Aug-2024
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ASEAN Fully Supports Cambodia’s Chairmanship of ACCSM in 2024-2026

date_range 07-Aug-2024
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Cambodia Bags 17 Medals At A World DanceSport Event In Vietnam

date_range 17-Jul-2024
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H.E. Robert William Forden Appointed New U.S. Ambassador To Cambodia

date_range 08-Jul-2024
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Air Asia Malaysia Resumes Kuala Lumpur-Sihanoukville Flight Service

date_range 04-Jul-2024
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Over 2,500 Cambodian Students Attend Universities In Thailand

date_range 28-Jun-2024
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Australia Supports Training Of Cambodian Young Water Engineers

date_range 26-Jun-2024
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Royal Government to Further Improve Health Sector

date_range 16-Sep-2024
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Phnom Penh, September 16, 2024 --Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this morning reassured that the Royal Government will continue to improve the health sector for the people.“Modernising and strengthening physical infrastructure at the hospitals will further increase the people’s confidence in the health sector. And the Royal Government is committed to further working on this,” he underlined at the groundbreaking ceremony for the construction of three new buildings in Calmette Hospital, a leading public hospital in Cambodia.The Royal Government will continue to pay more attention to provide better health services to the people, he reaffirmed.Samdech Thipadei Hun Manet added that the Royal Government always considers the health sector as a top priority and is now strengthening mechanisms to improve the healthcare services.Currently, about 7.4 million people have received better healthcare services with the Royal Government’s support.Samdech Thipadei Hun Manet also expressed the Royal Government’s commitment to further reduce the citizens’ spending on healthcare.

Tourism Benefits of Siem Reap-Angkor Summit on Mine-Free World

date_range 11-Sep-2024
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Minister Vanndy Encourages Processing to Add Value to Rice Sector at 7th Cambodia Rice Forum

date_range 11-Sep-2024
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Cambodia Rice Forum 2024 Held to Fuel Rice Industry

date_range 10-Sep-2024
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Samdech Techo Hun Sen Departs for S. Korea for the 25th World Knowledge Forum

date_range 09-Sep-2024
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PM: Ensuring Social Justice, a Mechanism for Lasting Peace

date_range 05-Sep-2024
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Mondulkiri and Rattanakiri DISTIs Advised to Focus on Agro-Processing and Water

date_range 03-Sep-2024
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National Assembly Accepts Two Draft Laws Proposed by Royal Government for Review

date_range 03-Sep-2024
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Government Establishes a New City of Preah Sihanouk Province

date_range 29-Aug-2024
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