Business and Market
Aeon Mall Denies Rumours of Fourth Outlet, Reaffirms Transparency
Aeon Mall (Cambodia) Co., Ltd. unequivocally refuted speculations surrounding the development of a fourth Aeon Mall project in Cambodia, particularly Aeon Mall IV, according to a press release issued on 22 March 2024. The company clarified that no plans have been initiated for the construction of a new outlet, dismissing recent rumours propagated on social […]
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SSEZ Records 38% Surge in Trade Volume, Reaching US$628m in Two Months
In a remarkable surge of economic activity, the Sihanoukville Special Economic Zone (SSEZ) has reported a staggering trade volume of US$628 million in the first two months of 2024, marking a significant 38.3% increase compared to the corresponding period last year. This notable achievement underscores the SSEZ’s pivotal role as a thriving hub for international […]
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Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure
Winners to be Selected and Announced at The Year in Infrastructure and Going Digital Awards Event in Vancouver EXTON, Pa. – March 14, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its call for nominations for the 2024 Going Digital Awards in Infrastructure. The awards, which are judged by […]
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Cambodia’s Robust Trade Performance: Exceeding US$8bn in Two Months, Marking Nearly 20% Growth
In the initial two months of 2024, Cambodia’s international trade volume surged to over US$8 billion, registering a notable increase of nearly 20% compared to the corresponding period in 2023, as per the provisional report from the General Department of Customs and Excise of Cambodia. The report reveals that from January to February, Cambodia’s exports […]
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Cambodia & Vietnam Forge Business Council for Seamless Cross-Border Trade
In a groundbreaking move towards bolstering economic ties, the Cambodian Chamber of Commerce (CCC) and the Cambodia-Vietnam Business Council (CVBA) have unveiled plans to establish the Cambodia-Vietnam Business Council. This strategic initiative announced through the official Facebook page of the CCC on 8 March 2024, is poised to play a pivotal role in addressing challenges […]
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SunRice Group Eyes Cambodia for Organic Rice Processing Plant, Opening New Avenues for Export
Australia’s SunRice Group is contemplating a strategic investment in Cambodia, aiming to establish a dedicated rice processing plant with a focus on organic rice for international exports. The ambitious plan was unveiled during a pivotal meeting between Samdech Hun Manet, Prime Minister, and Paul Serra, CEO of SunRice Group, on the occasion of the ASEAN-Australia […]
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SPC Group’s Strategic Move into Cambodia’s Agro-Industry: A New Chapter in Global Food Export
Australia’s SPC Group has announced its intention to invest in Cambodia’s food and fruit processing industry. This decision was revealed during a meeting between Cambodian Prime Minister Samdech Hun Manet and Mr. Neil Brimacombe, President of SPC Group, on the sidelines of the ASEAN-Australia Special Summit held in Melbourne, Australia, on 5 March 2024. SPC […]
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Australian Conglomerate FreshStart Eyes Major Investments Across Cambodia’s Key Sectors
Aegros and FreshStart Logistics, a subsidiary of FreshStart, have unveiled plans to significantly expand their investments in Cambodia, targeting three pivotal sectors: logistics, energy, and healthcare. This strategic move was disclosed during a meeting between Mr. Daniel Phillips, President of FreshStart Company, and Prime Minister Hun Manet at the ASEAN-Australia Special Summit in Melbourne on […]
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Australia’s Plus94 Fund Explores Investment in Business Support Centre in Cambodia
In a move indicative of expanding global business interests, Australia’s Plus94 Fund is contemplating an investment in a business operations support centre within Cambodia. The revelation surfaced during a high-profile meeting between Samdech Hun Manet, Cambodia’s Prime Minister, and Mr. Arj Samarakoon, the Executive Director and Founder of Plus94 Fund. This discussion transpired on the […]
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Cambodia-US Trade Volume Surges to US$626m, Nearly 8% Increase, in January 2024
In a significant leap forward for bilateral trade relations, Cambodia and the United States witnessed a 7.74% increase in their trade volume, reaching an impressive US$626 million in January 2024, up from US$581 million in the same month the previous year. This notable growth was highlighted by HE Buon Sarak Mony, Secretary of State of […]
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