Investment Surge in Cambodia: 13 New Projects Proposed
In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]
Yazaki Expands Investment Plans in Cambodia
Yazaki Corporation, a renowned Japanese firm specializing in wire assembly, has announced its ambitious plans to further expand its investment in Cambodia. This move comes as the company celebrates over a decade of successful operations in the country. During a recent meeting, Mr. Yoshimoto Ito, the Deputy CEO of Yazaki, discussed these expansion plans […]
Plan International Reaffirms Commitment to Water and Sanitation Initiatives in Cambodia
Plan International has announced a renewed commitment to enhance rural water and sanitation projects in Cambodia, pledging to invest USD 30 million over the duration of a 24-year cooperation agreement that spans from 2003 to 2027. The announcement was made during a pivotal meeting between Ms. Gwynneth Wong, Country Director of Plan International in […]
Ministry of Tourism to Transform the Birthplace of Samdech Techo Hun Sen into a Historical Site
The Ministry of Tourism is set to embark on an ambitious project to convert the birthplace of Samdech Techo Hun Sen into a historical site. This initiative aims to preserve the legacy of the former Prime Minister for future generations and has garnered strong support from Samdech Men Sam An, the King’s Personal Advisor. During […]
Cambodia’s Tax Revenue Shows Strong Performance in Q1 2025
In a strong financial showing, Cambodia’s General Department of Taxation announced the collection of USD 1.25 billion in taxes during the first quarter of 2025. This amount reflects a robust contribution from various sectors, with stamp duty accounting for nearly 3% of the total. According to a report released on May 8, the department collected […]
Cambodia Should Navigate Rising Global Uncertainty with a Multifaceted and Coordinated Policy Strategy
Cambodia’s economic growth accelerated to 6.0 percent in 2024 from 5.0 percent in 2023, driven by a strong rebound in the garment sector. However, in light of unexpectedly high US tariffs, growth is expected to decelerate to 4.9 percent in 2025, due to its heavy reliance on exports to the US. A coordinated and multifaceted […]