Despite the massive economic gains Cambodia has made since being accepted into the World Trade Organization (WTO) in 2004, which granted it preferential trade status with major consumer markets, the government has not championed many positive reforms over the past six years. According to the WTO’s second official Trade Policy Review of the Kingdom, which […]
Read MoreSupplement maker Me Infinity Thailand is betting its entry into the Cambodian market with an energy drink can double the company’s revenue after a few lean years in the local market. The company’s revenue fell 50% from 2016 to 2017, down to 100 million baht, in large part because of the passing of the late […]
Read MoreThe capital’s listed port operator, Phnom Penh Autonomous Port (PPAP), reported that for the first nine months of this year, total revenue increased by 14.5 percent to $14 million while net profit surged by 23.6 percent to $4 million compared to the same period last year, the company said in a filing on the Cambodia […]
Read MorePHNOM PENH: Cambodia’s economy is forecast to grow 6.9% next year, compared with a projected 6.8% pace in 2017, despite risks including uncertainties over next year’s election, the World Bank said on Wednesday. Cambodia’s political turbulence has had little impact on economic growth, which has hovered around 7% for the past six years. The World […]
Read MoreThe Council for the Development of Cambodia (CDC) approved three new investment projects with a combined investment capital of nearly $8 million, according to a release. YNX Manufacturing Technologies will invest $5 million into a factory located in a special economic zone in Svay Rieng province, while Wan Jia Hao Knitting will invest $2.14 million […]
Read MoreCambodia and Myanmar have signed a memorandum of understanding to promote the flow of national and third-country tourists to the temples of Angkor in Siem Reap and to the ancient city of Bagan in Myanmar. The agreement was penned on Saturday by Tourism Minister Thong Khon and Onh Maung, Myanmar’s Minister of Hotel and Tourism, […]
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