Tourism businesses in Siem Reap have changed their operations to target more domestic tourists. The move comes as hotels report more than 90 percent occupancy rates for the upcoming Khmer New Year replacement holiday. Business changes have included hotels dropping room rates as well as restaurants and bars offering a more Khmer-friendly atmosphere with live […]
Read MoreThe free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia’s Commerce Minister Pan Sorasak said in a recent interview with Chinese media. The two sides wrapped up their negotiations on the bilateral FTA on July 20. Sorasak said the agreement means a lot […]
Read MoreThe construction of the National Road (NR) No. 10, the western corridor linking Battambang northwestern province to Koh Kong coastal province, is 36 percent complete since it broke ground in March this year. The update was shared during a recent inspection visit led by Ma Sunhuot, Under-Secretary of State at the Ministry of Public Works […]
Read MorePPCBank has announced the opening of two new branches, adding to a total of 23 branches and 62 ATMs operating across the country. The two newly opened PPCBank branches are ready to serve customers in convenient locations: Preah Sihanouk Boulevard and National Road 6A. At Preah Sihanouk Boulevard branch, customers can enjoy a range of […]
Read MoreThe Australian Ambassador to Cambodia Pablo Kang, and Preah Sihanouk Provincial Governor Kuoch Chamroeun, launched Australia’s support for a “smart city” strategy for Sihanoukville. “COVID-19 disruptions require new and innovative approaches to service delivery and city development, as government budgets come under pressure,” Ambassador Kang said. Funded by Australia’s Investing in Infrastructure (3i) programme in […]
Read MoreThe government will make the Credit Guarantee Scheme (CGS) operational by October or November, according to a senior official at the Ministry of Economy and Finance (MEF). Minister of Economy and Finance Aun Pornmoniroth in July approved in principle the concept of a strategic framework for establishing the Credit Guarantee Corp Cambodia CGCC). The initiative […]
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