Business and Market
Cambodia’s Exports Surge to Nearly US$12bn Under New Government within Six Months
Cambodia’s export trade has soared to impressive heights under the leadership of the new government, with a remarkable trade volume of US$11.8 billion recorded from September 2023 to February 2024. This figure reflects a substantial increase of 16.57% compared to the corresponding period last year. PM Samdech Hun Manet disclosed these statistics during the plenary […]
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China’s Property Investment Sees 9% Decline in First Two Months, Still Down but Slower than 2023
Property investment in China witnessed a 9% year-on-year decline in the first two months of 2024, a notable improvement from the 24% fall recorded in December 2023, according to data from the National Bureau of Statistics (NBS). Similarly, property sales by floor area experienced a 20.5% slide in January-February compared to a year earlier, showing […]
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Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan
COO Nicholas Cumins to be Promoted to CEO July 1, 2024, as Greg Bentley will Transition to Executive Chair London – March 21, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board […]
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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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