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ខ្មែរ Business and Market
Cambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road
- 3 April 2025
Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco share, representing a 54.10% premium to the 90-day volume-weighted...
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IKEA Explores Expansion into the Cambodian Market
- 21 March 2025
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, the Secretary-General outlined Cambodia’s att...
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Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025
- 18 March 2025
In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed positive growth, with goods valued at USD 4.46 billi...
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Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
- 17 March 2025
In a significant diplomatic engagement, HE Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on 6 March 2025. Ambassador Damosumato's remarks come on the heels of a n...
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Cambodia-Thailand Trade Relations Soar to New Heights in 2024
- 12 March 2025
In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighbouring countries. During a pivotal meeting on 11 March 2025, Samdech Techo Hun Sen, Cambodia's Acting Head of State...
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EU Delegation Explores Investment Opportunities in Sihanoukville
- 11 March 2025
A European Union delegation comprising representatives from 12 member states met with local authorities in Sihanoukville to explore potential investment avenues in the region, as it seeks to enhance economic ties and contribute to key sectors. The meeting featured HE Long Dimanche, Deputy Governor of Sihanoukville Province, who welcomed the delegation led by Mr. Andreas Berg, Deputy H...
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Cambodia & Vietnam Set Ambitious Trade Target of USD 20 Billion
- 4 March 2025
In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on 20 February 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and HE Nguyen Minh Vu, Ambassador Extraordinary and Plenipotentiary of Vietnam...
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Cambodia’s Trade Volume Surges Past USD55 Billion in 2024
- 3 March 2025
In a remarkable display of economic growth, Cambodia's trade volume surpassed USD 55 billion in 2024, marking a substantial increase compared to the previous year. This data comes from the latest export-import trade report released by the General Department of Customs and Excise of Cambodia, reflecting a robust and favorable trajectory for the nation's economy. The report highlights that in 202...
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Malaysia Strengthens Agricultural Ties with Cambodia Through Investment in Fresh Milk Production
- 28 February 2025
In a significant step towards enhancing agricultural cooperation, Malaysia has announced plans to invest in fresh milk production in Cambodia. This development was unveiled during a key meeting between Cambodia’s Minister of Agriculture, Forestry and Fisheries HE Dit Tina, and Malaysia’s Minister of Agriculture and Food Security, HE Datuk Seri Haji Mohamad bin Sabu. During the discussions, the ...
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Cambodia & Japan Collaborate to Create War Relic Recycling Facility for Souvenirs
- 28 February 2025
In a spirit of inspiration to transform war relics into symbols of hope, Cambodia has joined hands with Japan to establish a war relic recycling facility that will pioneer the crafting of unforgettable souvenirs. The Cambodian Mine Action Center (CMAC) and Japan On The Road launched the initiative on 24 February 2025. HE Heng Ratana, Royal Government Delegate in charge of CMAC, stated that the ...
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