The Council for the Development of Cambodia (CDC) has announced the approval of nine new investment projects creating a total of 13,849 job opportunities for the locals. According to a CDC press release yesterday, the newly approved projects are worth $54.8 million. The projects are located in Kampong Speu, Takeo, Svay Rieng and Kandal, and […]
Read MorePrime Minister Hun Sen said that the southwest parts of Cambodia are a hub with huge potential for investment due to their well-connected infrastructure, easy transport to deep seaports, and sufficient electricity supplies. Speaking at a get-together with workers in Kampong Speu province yesterday, the Prime Minister said Kampong Speu and other provinces in the […]
Read MoreCambodia exported around 2,575 tonnes of rice for the first time to the Philippine market. This was confirmed by Oknha Chan Sokheang, President of the Cambodian Rice Federation on Monday. Speaking at the inauguration of the rice export market to the Philippines, Sokheng said that the first large-scale export was carried out by the Khmer […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) will offer Cambodia new avenues for economic growth, a legal luminary has opined. Dr Sok Siphana, Managing Partner of Sok Siphana and Associates as well as one of the leading authorities on Cambodia’s legal system, international relations and economy, made the observation while delivering the keynote address at the […]
Read MorePrime Minister Hun Sen said on Sunday that Cambodia’s economy has been forecasted to grow 6.6 percent in 2024 after it is most likely that the country will achieve 5.6 percent this year even as garment and footwear industries have grown slightly slower than expected, which has been off-set by the growth of non-garment manufacturing […]
Read MorePrime Minister Hun Sen praised the special economic zones in Svay Rieng province for their significant contribution to economic development, through a large share of total exports and the creation of jobs for local people. The special economic zone in Svay Rieng employed just 100 workers when it first opened in 2005 and currently, there […]
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