Cooperation and networking
Cambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia’s commitment to fostering a conducive environment for international investment. The […]
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Australia’s 30-Year Commitment: Catalysing Cambodia’s Development Across Key Sectors with US$1bn in Aid
For three decades, the Australian Government has been instrumental in Cambodia’s development journey, extending over US$1 billion in official development assistance to bolster pivotal sectors within the nation. This landmark contribution underscores Australia’s unwavering commitment to Cambodia’s progress, as highlighted in a press release by the Ministry of Foreign Affairs and International Cooperation, commemorating the […]
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Hong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors
Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signalling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah […]
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Investors from Guangdong-Hong Kong-Macao Eye Green Economic Zones in Cambodia, Forge Bilateral Ties
China’s Guangdong-Hong Kong-Macao Gulf Confederation is poised to bolster investment in Cambodia, particularly in green economic zones and other strategic sectors. Dr. Jonathan KS Choi, President of the Gulf Federation, underscored this commitment during a Memorandum of Understanding signing ceremony with HE Hem Vandy, Cambodia’s Minister of Industry, Science, Technology, and Innovation, on 9 April […]
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More Than 60 Chinese Investors Eye Cambodia’s Five Lucrative Sectors
More than 60 delegates from China are actively exploring investment opportunities across various sectors in Cambodia, signalling a significant bilateral cooperation effort. Led by Jonathan K.S. Choi, President of the Chinese Chamber of Commerce, Coastal Entrepreneurs Alliance, and Sunwa Group, the delegation, comprising entrepreneurs from Guangdong, Hong Kong, and Macao, expressed keen interest in Cambodia’s […]
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Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
Malaysia’s KSI Strategic Institute, led by the institute’s president Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on 8 April 2024. During the discussion, Mr. Tan Sri Yao […]
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Room to Read’s 20-Year Impact: 339 Library Buildings Constructed in Cambodia
Over the past two decades, Room to Read Cambodia (RRC) has made a significant impact on education by constructing 339 libraries across Cambodia. This milestone was announced by the Ministry of Education, Youth and Sports on 9 April 2024. In addition to the construction of libraries, RRC has established 2,111 school libraries and provided training […]
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Cambodia & EU Collaborate to Foster Tax Compliance & Investment Climate
The General Department of Taxation (GDT) and the European Union (EU) have initiated discussions to devise mechanisms aimed at enhancing tax compliance and fostering a culture of taxation in Cambodia, particularly focusing on promoting fair competition and strengthening fiscal integrity. This collaborative effort seeks to address the challenges faced by investors from EU countries, as […]
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SCA Secures Operator Rights at Techo Airport, Expanding Presence Across Cambodia
SOCIETE CONSERVER DERAORORPORT (SCA) has extended its operational reach in Cambodia by acquiring operator rights at Techo International Airport, alongside its existing operations at Phnom Penh National Airport. This significant development was reported by the National Television of Cambodia, highlighting SCA’s growing influence in the country’s aviation sector. The Secretariat of State for Civil Aviation […]
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More than 20 Thai Firms Explores Investment Opportunities in Kratie Province
More than 20 Thai companies, led by the Thai Embassy in Cambodia, are actively seeking business and investment prospects in Kratie province. This initiative aims to bolster trade volumes and foster economic collaboration between Cambodia and Thailand, particularly within the new economic zone linking both nations. The visit, headed by HE Chheut Kiet, Ambassador of […]
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