H1-2024, Cambodia earned nearly US$ 25M from ticket sales for Angkor, Koh Ker and boat rides
In the first half of 2024, Cambodia collected US$ 24,952,996 from ticket sales for Angkor, Koh Ker and boating. This is according to the report released by Angkor Institute on July 1, 2024. According to the report, in the first six months of 2024, 521,950 foreign tourists bought tickets to Angkor for a total of […]
The first shipment of 2,000 km from China to Cambodia by land was a success
A convoy consisting of seven Chinese trucks and passenger vehicles has completed a journey of over 2,000 kilometres from China to Cambodia. The convoy travelled through the Mekong sub-region, crossing Laos and Thailand before reaching its final destination in Phnom Penh. The Ministry of Public Works and Transport published news about the convoy’s successful arrival […]
Hitachi Targets Southeast Asia Rail Market with $1.6 Billion Acquisition
Hitachi aims to expand its presence in Southeast Asia’s railway market following its $1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi’s ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable […]
CAIC Secures 12-Year Deal with French Firm for Duty-Free Retail at Techo International Airport
CAIC has signed a 12-year contract with French company Lagardère Travel Retail SAS and local partner HSC Group to operate duty-free goods, essential travel equipment, and catering services at Techo International Airport. The National Television of Cambodia reported this significant development on 26 June 2024. Séverine Lanthier, Executive Director for Asia and Strategy and Development […]
In four years, 36k Businesses Registered on Cambodia’s OBRP with Real Estate and Construction Leading the Way
Since the launch of Cambodia’s Online Business Registration Platform (OBRP) four years ago, 36,509 companies have registered, with the real estate sector leading the way. As of 15 June 2024, the businesses registered under this system boast a total investment capital of $11.13 billion, with the construction and real estate sectors contributing $1.18 billion and […]
750k SMEs in Cambodia Key Driver of Economic Growth, Contributing 63% to GDP and Employing Over 70% of Workforce
Cambodia has more than 750,000 small and medium-sized enterprises (SMEs) which play a pivotal role in the nation’s economy, contributing 63% to the gross domestic product (GDP) and employing more than 70% of the workforce. This significant contribution was highlighted by Samdech Hun Manet, PM of Cambodia, in his message on the occasion of the […]