Inter-Ministerial Cooperation Bolsters Support for Private Sector as Engine of National Economic Growth

Deputy Prime Minister Sun Chanthol urges proactive collaboration across government bodies to transform investment challenges into strategic opportunities The Royal Government of Cambodia has intensified its efforts to refine the nation’s investment climate through a high-level inter-ministerial initiative aimed at addressing the evolving challenges faced by the private sector. This renewed commit...

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Government and Private Sector Join Forces to Transform Koh Kong into a Premier Luxury Tourism Destination

Minister of Tourism Huot Hak visits the newly developed Koh Totung Resort with high-end facilities and emphasizes the province’s potential for elite travelers The Royal Government of Cambodia has reaffirmed its commitment to elevating Koh Kong province as a premier destination for high-end tourism, focusing on luxury experiences and sustainable development. This strategic direction was highlighte...

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Borey Peng Huoth and Bank of China Forge Landmark Partnership to Offer Exclusive 5.8% Fixed Rate Home Loans

New Memorandum of Understanding signed at The Star Diamond project unlocks unprecedented financial flexibility for homeowners seeking luxury living In a significant move to enhance accessibility to high-quality housing, Borey Peng Huoth and the Bank of China officially entered into a Memorandum of Understanding on the morning of March 28, 2026. The signing ceremony took place at the site of the n...

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South Korean Ambassador Pledges to Attract Major Strategic Investments to Cambodia

Strategic partnership and Korean technical expertise expected to drive high-value economic growth and technological modernization The Ambassador of the Republic of Korea to Cambodia, His Excellency Kim Chang Yong, has officially pledged to promote large-scale investment projects to the Kingdom, aiming for significant shared economic achievements. This commitment was made during a high-level meeti...

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Cambodia and South Korea Deepen Strategic Tax Cooperation Through Modernization and Reform

Bilateral agreement on information exchange aims to enhance transparency and reinforce the economic partnership between the two nations The General Department of Taxation of Cambodia and the National Tax Service of South Korea have formalized a significant commitment to modernize and deepen tax administration reforms. This strategic move, announced following a press release on March 13, 2026, is ...

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Government Greenlights Major 518-Hectare Canadia Special Economic Zone in Kampong Speu

Strategic industrial hub along National Road 51 set to decentralize manufacturing and generate thousands of local jobs following official Prime Ministerial approval The Royal Government of Cambodia has officially authorized the creation of the Canadia Special Economic Zone on National Road 51, a sprawling industrial project spanning over 518 hectares in Kampong Speu province. Prime Minister Samde...

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Cambodia Targets $400 Million Export Market for Cashew Nuts in China

Initial $35 million agreement for M23 in-shell variety signals strategic expansion of agricultural ties and trade investment The Ministry of Commerce has announced a landmark plan to significantly scale up the export of in-shell cashew nuts to the Chinese market, aiming for a future trade value of approximately $400 million. This ambitious target follows the signing of a strategic Memorandum of...

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United States Recognized as Leading Donor for Cambodia’s Mine Action and Humanitarian Efforts

Over $200 million in American aid over three decades has saved lives and restored land for communities across the Kingdom The United States has reinforced its position as the largest international donor for demining activities in Cambodia, contributing more than $200 million over the past 30 years to support life-saving operations and land restoration. This significant partnership was highlighted...

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Ministry of Economy and Finance Outlines Five Strategic Pillars to Optimize State Asset Management

High-level meeting emphasizes inventory accuracy and revenue generation through the leasing of vacant assets to strengthen national fiscal stability. The Ministry of Economy and Finance has introduced a set of five comprehensive recommendations designed to overhaul the management and utilization of state assets, ensuring they are handled with maximum efficiency and in strict accordance with the...

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Cambodia and Australia Strengthen Economic Bonds as Trade Surges to $1.2 Billion

A landmark rice export agreement between Amru Rice and Australia’s Green Group underscores a deepening partnership fueled by sustainable growth and bilateral support. The economic relationship between Cambodia and Australia reached a significant milestone in 2025 as bilateral trade volume climbed to $1.2 billion. According to data released by the Australian Embassy in Cambodia, this growth was sig...

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