2023 Cambodia-Korea trade volume reaches $ 751M, while 6 MOUs recently signed by both parties
In 2023, the bilateral trade volume between Cambodia and Korea reached around 751 million US dollars. Recently, the two sides decided to sign a memorandum of understanding on six important documents to strengthen their trade partnership. The Memorandum of Understanding (MoU) signing ceremony was held in Seoul on May 16, 2024, and was presided over […]
Cambodia’s Trade Surges: Exports and Trade Volume Reach Record Highs
Cambodia has witnessed a remarkable surge in its trade volume and exports during the first four months of 2024, with trade volume exceeding US$16 billion, marking an impressive growth of nearly 12 percent. This growth trend was paralleled by a corresponding rise in exports, also reaching nearly 12 percent. The Minister of Commerce, Lok Chumteav […]
Angkor Ticket Sales Propel Cambodia’s Tourism Revenue to New Heights With US$19.9m Revenue in 4 Months
Ticket sales for Angkor Wat have generated an impressive revenue of US$19,917,533 in the first four months of 2024. This substantial income surge, marking a 41.95% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The report, released by the Angkor Institute on 1 […]
Phnom Penh Unveils ASEAN-International Business Center: A New Era for Vegetable Wholesale Market
Marking a significant milestone in the agricultural and real estate sectors of Cambodia, the ASEAN-International Business Center, also known as Phsar Doeum Kor Thmey, commenced operations on 27 April 2024. Situated in Sangkat Kork Roka, Khan Prek Pnov, this expansive 20-hectare development on Boeung Ta Mok land is now the largest international vegetable wholesale market […]
Tous Les Jours Bakery Returns to Phnom Penh Amid Cambodia’s Economic Surge
In a strategic move driven by Cambodia’s robust economic growth and burgeoning market potential, the renowned bakery chain Tous Les Jours has announced its comeback to Phnom Penh after a year-long hiatus. Reported by Maeil Business News Korea on 29 April, a franchise agreement has been inked between CJ Foodville and global restaurant franchise EFG, […]
Last Chance to Seize Exclusive Sangkran New Year Deals at Borey Peng Huoth’s “Angkor Nam Samnang” Project
Time is running out to take advantage of Borey Peng Huoth’s Sangkran New Year promotion, especially as the “Angkor Nam Samnang” project nears completion! Borey Peng Huoth rolled out an exciting promotion in early April to celebrate the Khmer New Year, offering exclusive deals for homebuyers. With only a few days left until the end […]