Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Ministers at the 22nd GMS Ministerial Conference on Friday celebrated 25 years of economic cooperation, acknowledging the achievements of an Asian Development […]
Read MoreCambodia is to take advantage of the Chengdu Initiative on Tourism Cooperation under the Belt and Road Initiative (BRI) as it can help promote sustainable tourism. The initiative was approved by the World Tourism Organisation of the United Nations (UNWTO) during the body’s 22nd General Assembly in Chengdu, China. The Chengdu Initiative for Belt and […]
Read MoreMore than 300 French companies could be making their way to Cambodia seeking investments in the garment, textile, tourism and agriculture sectors, according to French NGO Fondation Prospective Innovation (FPI). Jean-Pierre Raffarin, France’s former prime minister who is now a senator and president of FPI, said on Thursday he acknowledged Cambodia’s rapid economic growth rate […]
Read MoreVietnam has expressed inter-est in investing in Cambodia’s aquaculture sector and providing technical support to help boost fisheries production, according to Vietnamese media reports. Deputy Minister of Foreign Affairs Vu Hong Nam said during a visit to Tonle Sap Lake late last week with the governor of Kampong Chhnang province that an official initiative for […]
Read MoreThailand has proposed Cambodia initiate a bus service that links the two countries and Vietnam which will strengthen connectivity between the Asean countries. The proposal was made during a meeting between Minister of Public Works and Transport Sun Chanthol and his Thai counterpart Arkhom Termpittayapaisith in Phnom Penh late last week. According to the ministry, […]
Read MoreThe National Bank of Cambodia and the People’s Bank of China yesterday officially launched the yuan-riel exchange rate at the China-Asean expo in Nanning. “The yuan-riel exchange rate proves the importance of economic and financial ties between Cambodia and China,” said Sum Saniseth, vice governor of the NBC. “China also has a similar exchange rate […]
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