The Royal Government will maintain property tax exemptions for delayed construction projects in Preah Sihanouk province under the 'Special Program to Promote Investment in Preah Sihanouk province 2024,' according to a statement from the Ministry of Economy and Finance (MEF) ...
25th April 2025
See More
The International Monetary Fund (IMF) has adjusted its global economic growth forecast for 2025 to 2.8%, citing persistent challenges such as inflation, geopolitical tensions, and sluggish recovery in key sectors. Based on the latest World Economic Outlook (WEO) update, as of April 4, global economic growth is predicted to decline to 2.8% in 2025 and 3% in 2026. These figures represent a downgrade from the January forecast ...
24th April 2025
See More
Cambodian companies have successfully mobilized $549 million from the securities market, showcasing the growing confidence in the country's financial sector. This achievement highlights the increasing participation of local firms in capital markets, which is a positive indicator ...
23rd April 2025
See More
Cambodia's fiscal stance is expected to transition from contractionary to neutral in the fiscal year 2025, according to the ASEAN+3 Macroeconomic Research Office (AMRO). The shift is driven by the government's efforts to balance economic growth with financial stability. The Ministry of Economy and Finance ...
22nd April 2025
See More
Cambodia and China have sealed a $1.156 billion agreement for the Funan Techo Canal (FTC) project, with a 51-49 ownership structure favoring Cambodia. The deal, facilitated by China's National Development and Reform Commission (NDRC), aims to accelerate the canal's construction, ensuring completion ...
21st April 2025
See More
Cambodian and Malaysian travelers can now enjoy a more streamlined payment experience thanks to the rollout of the second phase of a cross-border QR payment system. This initiative, a joint effort between the National Bank of Cambodia and Bank Negara Malaysia, allows individuals ...
09th April 2025
See More
The International Monetary Fund (IMF) has reiterated its commitment to supporting Cambodia's economic outlook, emphasizing the importance of maintaining stability and fostering growth. During recent discussions, the IMF highlighted Cambodia's resilience in navigating global ...
08th April 2025
See More
The Cambodian government has approved the National Policy on Air Transport 2025-2035, aiming to attract 25 million air passengers by 2035. This policy seeks to enhance domestic, regional, and global air connectivity while fostering fair business opportunities in the civil aviation sector. The initiative aligns with Cambodia's broader goals of sustainable and resilient air transport development. According to the State Secretariat of Civil Aviation (SSCA), the goal for 2025 is to boost air passenger numbers to ...
07th April 2025
See More
The Angkor Sankranta festival, celebrated annually during Khmer New Year, serves as a cultural showcase and a strategic effort to rejuvenate Cambodia's tourism sector. With its rich array of activities, including traditional games, performances, and ceremonies at iconic locations ...
04th April 2025
See More
Cambodia and Vietnam have reaffirmed their commitment to strengthening economic partnerships across key sectors, with a goal of achieving USD 20 billion in bilateral trade. The Business Dialogue 2025, hosted by the Vietnamese Embassy in Phnom Penh, served as a platform ...
03rd April 2025
See More