Business and Market
Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic […]
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Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD 300m Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD 300 million, with a longer-term goal of reaching USD 1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat Tumysh, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September […]
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Japan Tops Asia’s Real Estate Transparency Rankings with Focus on Sustainability
Japan has been ranked as the most transparent real estate market in Asia, securing the 11th position globally in terms of sustainability and operational clarity, according to a report by Jones Lang LaSalle (JLL) published on 5 September 2024. This evaluation considers factors such as access to real estate market data, transparency of processes, and […]
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Cambodia Earns Over USD 31m from Angkor, Koh Ker, and Boat Rides in 8 Months
In the first eight months of 2024, Cambodia generated an impressive USD 31,049,140 from ticket sales to the Angkor Archaeological Park, Koh Ker, and boat rides, according to a report from the Angkor Institute released on 1 September 2024. During this period, 651,857 foreign tourists visited Angkor, contributing USD 30,334,229 to the total revenue, marking […]
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Phnom Penh Autonomous Port Sees Significant Growth with Over 250 TEUs, 14% Increase, in First Half of 2024
In the first seven months of 2024, Phnom Penh Autonomous Port (PPAP) reported a notable increase in activity, handling over 250,000 TEUs (Twenty-foot Equivalent Units) of containers, reflecting a 14.94% rise compared to the same period in 2023. This surge in volume underscores the port’s growing importance in regional trade, according to the data released […]
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Cambodia-Vietnam Trade Volume Surges to US$4.6bn in First Seven Months of 2024
In a significant boost to bilateral trade, Cambodia and Vietnam recorded a trade volume of US$4.6 billion between January and July 2024, reflecting a 23.5% increase compared to the same period last year. This data was revealed by the General Department of Customs and Excise of Cambodia on 16 August 2024. Cambodia’s exports to Vietnam […]
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Cambodia’s Trade Volume Surges to Over US$31bn in First Seven Months of 2024, Reflecting 15% Growth
In the first seven months of 2024, Cambodia’s international trade volume soared past US$31 billion, reflecting a robust 15% growth compared to the same period in 2023. This significant increase underscores the nation’s expanding trade activities, as currently highlighted by the General Department of Customs and Excise of the Ministry of Economy and Finance. During […]
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Thailand Changes Strategy to Attract Chinese Investors, Extends 99-year Lease & 75% of Condo Ownership to Foreigners
Chinese investors are rapidly increasing their presence in Thailand’s property market, with over 100 billion baht invested in key economic cities over the past 15 years, according to Property DNA and updated by The Star on 06 August 2024. This trend is expected to accelerate further as the Thai government considers extending the leasehold period […]
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India Secures Fifth Spot in Asia Pacific Real Estate with US$3bn in Cross-Border Investments
India has emerged as the fifth largest recipient of cross-border real estate investments in the Asia Pacific region, attracting US$3 billion in the first half of 2024. This substantial inflow of global capital, constituting 9% of the region’s total investment volume, underscores India’s growing prominence in the international real estate market, according to Businesstoday, published […]
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Japanese Companies Pull Out of China as Vietnam Becomes Next Destination
Japanese companies are becoming increasingly cautious about operating in China, as supply chain risks, anti-espionage legislation, and rising geopolitical tensions create an uncertain environment. A recent survey by Teikoku Databank reveals that the number of Japanese companies in China has decreased by 9.4% since its peak in 2012, with 13,034 businesses currently operating in the […]
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