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 […]
Laos Commences Construction of USD 360 Million Hydropower Dam for Electricity Export to Vietnam
On April 29, 2025, Laos officially marked the groundbreaking of the Nam Neun 1 hydropower dam, a significant project with a planned capacity of 124 megawatts. With an investment of approximately USD 360 million, this facility is set to primarily supply electricity to Vietnam. The ceremony was attended by prominent officials, including His Excellency Sonexay […]
Cambodia and Malaysia Forge Stronger Trade Relations with New MOU
In a significant step towards enhancing economic collaboration, Cambodia and Malaysia have signed a memorandum of understanding (MOU) aimed at boosting trade and investment between the two nations. This landmark agreement was finalized during discussions on May 6, 2025, involving representatives from the Cambodian Chamber of Commerce and the Malaysian China Chamber of Commerce and […]
Malaysian Companies Eye Investment in Cambodia’s Ports and Wastewater Treatment Sectors
Two prominent Malaysian firms, Malakoff Corporation Berhad (MCB) and GAEA PLC (Global Action for Environment Awareness Public Limited Company), have expressed interest in exploring investment opportunities in Cambodia’s ports and wastewater treatment sectors. The firms met with the Council for the Development of Cambodia to discuss potential collaborations that could enhance Cambodia’s infrastructure and […]