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ខ្មែរ Cooperation and networking
Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN
- 24 January 2024
Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the imperative for Thailand to move beyond the...
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Cambodia & France Forge €215 Million Partnership for Energy Revolution
- 23 January 2024
Cambodia and France have inked three pivotal Memoranda of Understanding (MoUs) to propel the development of renewable energy, marking a significant stride towards advancing Cambodia's energy landscape. The Ministry of Mines and Energy unveiled this transformative initiative through a press release on 19 January 2024. The trio of MoUs, orchestrated between the Ministry of Mines and Energy and es...
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HE Sok Siphana: China to Increase Investment with Cambodia in 2024
- 22 January 2024
A promising outlook for Cambodia-China economic and trade cooperation in 2024 has been painted by Sok Siphana, senior minister and Chairman Emeritus of the Board of Directors of the Asian Vision Institute. Mr Sok envisions a year of deeper collaboration, emphasising that the steadily increasing bilateral trade and investment volumes between the two nations will continue to yield mutual benefits. ...
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Blue Circle Eyes Potential 100MW of Wind Power Generation in Cambodia with Plans for Future Expansion
- 20 January 2024
Blue Circle, a global leader in wind power generation, is eyeing significant opportunities for wind energy investment in Cambodia. During a courtesy meeting with Samdech Hun Manet, Prime Minister of Cambodia, in Paris on 15 January, France, Olivier Duguet, President and CEO of Blue Circle, expressed optimism about the country's potential for sustainable wind power initiatives. Mr Duguet, detail...
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Cambodia-Hungary Economic Ties Surge, Reaching Nearly US$8m in the First 11 Months of 2023
- 19 January 2024
In a promising testament to the deepening economic collaboration between Cambodia and Hungary, bilateral trade volume for the first 11 months of 2023 soared to approximately US$7.7 million. This robust figure reflects a notable 9.5% increase compared to the corresponding period in 2022, underscoring the resilience and growth potential of the partnership. The encouraging data emerged from the ou...
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OCIC Group Partners with Global Giants to Elevate Techo International Airport’s Duty-Free Experience
- 19 January 2024
OCIC Group, a pioneering force in Cambodia's infrastructural development, has announced a landmark collaboration with Lagardère Travel Retail and HSC Group for the management of duty-free services at the upcoming Techo International Airport. Unveiled during Cambodian Prime Minister Hun Manet's official visit to France, this strategic alliance aims to redefine the airport retail experience and enha...
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Cambodia & France Ink Six Pivotal MOUs for Economic Advancement
- 17 January 2024
In a groundbreaking move set to elevate economic collaboration between Cambodia and France, six crucial Memorandums of Understanding (MOUs) were recently signed, heralding a new era of strategic partnership. The signing ceremony unfolded under the esteemed presidency of Samdech Hun Manet, Prime Minister of Cambodia, during his official visit to Paris from 13 to 19 January 2024. Key Memoranda Un...
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EU To Grant €86m Boost for Cambodia’s Transformative Programs
- 16 January 2024
The European Union (EU), under the Global Gateway framework, is set to inject approximately US$94 million (€86 million) in grant funding to Cambodia. The Ministry of Economy and Finance, in its press release dated 15 January 2024, revealed the EU's commitment to support Cambodia's progress through four pivotal programs. During a meeting with HE Dr. Aun Porn Moniroth, Deputy Prime Minister and M...
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JCA: Attracting Even 0.1% of Japanese SMEs Means 4,000 Companies Investing in Cambodia
- 15 January 2024
The Japan-Cambodia Association (JCA) is gearing up to establish its presence in Cambodia, aiming to attract Japanese investors and promote Cambodia's investment potential among Japan's vast network of around 4 million small and medium enterprises (SMEs). HE Takahashi Fumiaki, President of the Japan-Cambodia Association, revealed this plan during a recent meeting with Samdech Techo Hun Sen duri...
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Thailand Sets Up a Date to Talk with Cambodia on the Gulf Overlapping Claims
- 12 January 2024
In a strategic move to address the overlapping claims in the Gulf of Thailand, Thailand, and Cambodia are slated to commence discussions on 7 February 2024. This 26,000-square-kilometre area, known for its abundant energy resources, has been a point of contention between the two nations. Cambodian Prime Minister Hun Manet is scheduled to visit Thailand for these crucial talks, according to Pattaya...
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