A Chinese firm that plans to invest $2 billion into developing the Kingdom’s first special economic zone (SEZ) dedicated solely to agricultural processing and storage has signed on a new partner to help jumpstart the stalled project, a top agriculture official said yesterday. Tian Rui (Cambodia) Agricultural Cooperation SEZ Co Ltd, a subsidiary of China’s […]
Read MoreCambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research Office (AMRO) concluded following its annual consultation visit to the Kingdom. “Cambodia’s economy is expected to grow strongly at 6.9 percent in 2017 with inflation reaching […]
Read MoreCambodia and Myanmar are discussing a plan to attract tourists to ancient temples in both nations. The plan will encourage people to visit Cambodia’s Siem Reap province and Myanmar’s Bagan province, where each country’s most famous temples are. The campaign will be branded “two countries one destination”. In Thoeun, deputy director-general at the Tourism Ministry, […]
Read MoreThe Cambodian embassy in Thailand has called on illegal workers not to leave Thailand as officials attempt to negotiate a deal to allow migrants to stay in their jobs. A crackdown on illegal workers in Thailand has frightened many migrants, with thousands returning home following the announcement of the new executive decree on foreign labourers last week. According to a letter […]
Read MoreThe tax authority yesterday refuted local media claims that it had endorsed a private sector call to end Phnom Penh City Hall’s taxation of billboards and commercial signage throughout the capital, which advocates have said imposes an onerous levy on local businesses. In a clarification letter, the General Department of Taxation (GDT) claimed a media […]
Read MoreMalindo Air, a Malaysian low-cost carrier, will launch daily flights from Kuala Lumpur to Phnom Penh beginning on August 1, the airline announced on its website yesterday. Eric Delobel, CEO of Cambodia Airports, which operates the Kingdom’s three international airports, said with Malindo’s launch of service Cambodia was on track to have a total of […]
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