Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023
Cambodia’s trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the […]
Fostering Ties: Cambodia & China Ink Agreements to Boost Key Sectors
Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official visit of HE Wang Yi, the Minister of Foreign Affairs of the People’s Republic of China, which […]
Cambodia to Transform National Customs School into Asia-Pacific Training Hub
Cambodia successfully secured approval for its National Customs School to be designated as the Asia-Pacific WCO Regional Training Centre (RTC AP) d during the 25th Asia-Pacific Customs Director General Conference of the World Customs Organisation held in Sydney, Australia from 15 to 18 April 2024. The decision marks a significant milestone for Cambodia’s customs administration, […]
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 […]
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 […]
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 […]