The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. Under the agricultural value chain competitiveness…
The Ministry of Tourism has unveiled plans to establish a new Siem Reap city – Grand Siem Reap –, located near the under-construction new Siem Reap Airport in Sotr Nikum district, Siem Reap province. The new city, part of Siem…
Singapore venture funded company Oyika Pte Ltd on Tuesday announced an expansion of its battery-share services to Cambodian rural communities in a bid to trim costs associated with e-motorbikes and curb the number of traditional internal combustion engine (ICE) motorbikes…
Phnom Penh (VNA) – The Singapore-based firm Hong Lai Huat (HLH) has shaken hands with Skiold A/S of Denmark to consider investment into a 1-billion-USD Cambodia-Singapore Agriculture Special Economic Zone project. The Edge newspaper of Singapore reported that the objective of…
PHNOM PENH– Loan demands from the banks in Cambodia rose by 20.7 percent to 26.7 billion U.S. dollars during the first half of 2020, said a central bank’s biannual report on Thursday. The Southeast Asian nation has 51 commercial banks…
PHNOM PENH–Cambodia and the Republic of Korea on July 9 officially embarked on free-trade negotiations (FTA) with the goal of boosting bilateral trade and investment The talks began during a video conference attended by South Korean Trade Minister Yoo Myung-hee…
Chinese Commerce Minister Zhong Shan and his Cambodian counterpart Pan Sorasak jointly announced on Monday the completion of China-Cambodia Free Trade Agreement (FTA) talks, half a year after the two sides launched the negotiations. That marks almost the fastest speed…
The Ministry of Economy and Finance introduced two packages of emergency measures to safeguard the small and medium-sized enterprise (SME) sector from the economic onslaught caused by the Covid-19 pandemic. This is according to a press release outlining the results…
The Ministry of Agriculture, Forestry and Fisheries on Wednesday signed a Memorandum of Understanding (MoU) with Japan’s Yamato Green Co Ltd on the cooperation, investment and development of the Kingdom’s ‘safe vegetable’ sub-sector for the domestic market and export. The…
The chairman of Canadia Bank and Overseas Cambodia Investment Corp (OCIC) said his company is developing a 500-hectare industrial park in Kampong Speu province (along the National Road 51). Chairman Neak Oknha Pung Kheav Se said the company is now…