Smart Eden Expands Cambodian Product Exports to France
In a significant development for Cambodia’s export market, Smart Eden has announced plans to expand the export of Cambodian products to France, bolstered by a robust distribution network of over 6,000 locations across the country. This major announcement was made during a meeting with HE Hem Vandy, Minister of Industry, Science, Technology and Innovation, and […]
Cambodia Kicks Off 2025 with Impressive Tourism Revenue: Nearly USD 20 Million in Ticket Sales!
Cambodia is off to a remarkable start in 2025, reporting nearly USD 20 million in tourist ticket sales during the first quarter! According to the Angkor Foundation’s recent report, the country generated a staggering USD 19,532,487 between January and March, with visitors flocking to iconic sites such as Angkor Wat, Koh Ker, Beng Mealea, and […]
Cambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road
Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco […]
Gov’t, private sector join forces to boost local agricultural production through key MOU
In a major step towards boosting local agricultural production, the Ministry of Commerce has collaborated with six leading feed manufacturers to sign a Memorandum of Understanding (MoU) aimed at promoting key agricultural products such as red corn, cassava and other raw materials in Cambodia. This was announced at a MOU signing ceremony presided over by […]
IKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]
Cambodian Government Set to Launch Incentive Policy for Domestic Assembly Production
The Government of Cambodia is on the verge of introducing a groundbreaking incentive policy aimed at boosting domestic assembly production and significantly reducing imports. Prime Minister Hun Manet announced this initiative during the 2nd annual conference of the Cambodian Oknha Association, where he outlined the government’s 2025 economic plans. The forthcoming policy is designed to […]