One-Visa policy across ASEAN expected to boost tourism growth

Economy and Industry

One-Visa policy across ASEAN expected to boost tourism growth Cambodia is set to benefit from the proposed Unified Asean Visa, a Schengen-style initiative aimed at facilitating seamless travel across six Southeast Asian nations: Cambodia, Thailand, Vietnam, Laos, Malaysia, and Myanmar. This would not only simplify entry procedures but also boost Cambodia's tourism sector by attracting more international travelers and enhancing regional connectivity. The unified visa system could increase visitor numbers, stimulate sectors like hospitality, transportation, and retail, and strengthen Cambodia's diplomatic relations. It could also showcase Cambodia's rich cultural heritage and natural beauty, encouraging more tourists to visit destinations like Angkor Wat and the country's beaches. However, experts caution against overtourism, as it can damage heritage sites if not managed carefully. (Source: Khmer Times)

JCA introduces three strategic initiatives to enhance Japanese investment in Cambodia The Japan-Cambodia Association (JCA) has presented three action plans to boost Japanese investment in Cambodia. During a meeting with Cambodian Prime Minister Hun Manet in Tokyo, JCA President TAKAHASHI Fumiaki highlighted the priorities: promoting small and medium enterprises (SMEs) and vocational training, encouraging investment in Cambodia's agro-processing sector, and advancing investment in digital industrial parks. Fumiaki announced plans to visit Cambodia this year to further boost Japanese investment. In response, Cambodian Prime Minister Hun Manet praised the JCA's progress and reaffirmed the government's policy of establishing special economic zones (SEZs) based on specific industries and partner countries. He encouraged the JCA to explore the potential for an Exclusive Special Economic Zone (ESEZ) for Japanese SMEs and continue engaging with Cambodian ministries and institutions. (Source: Khmer Times)

Cambodia and Canada deepen trade ties through ASEAN-Canada FTA talks and business cooperation initiatives Cambodia and Canada have partnered to strengthen bilateral trade cooperation through negotiations on an ASEAN-Canada Free Trade Agreement, grounded in a rules-based multilateral trading system. This initiative was promoted during a meeting between Cambodia's Minister of Commerce, Cham Nimul, and Canada's Chief Trade Commissioner, Sara Wilshaw. The two sides discussed enhancing cooperation to support the Cambodia-Canada business sector through business matching initiatives and the potential establishment of a private business center in Canada. Cambodia's ongoing efforts to foster a business- and investment-friendly environment were highlighted, with a call for Canadian investors to continue exploring opportunities in the country. Following the meeting, Cambodia hosted a reception to welcome the Canadian business delegation, showcasing the country's trade and investment potential, favorable investment climate, broad market access, and participation in both bilateral and multilateral free trade agreements. (Source: Khmer Times)

Corporate News

Plug and Play enters Cambodian market in collaboration with MPTC and AUPP Tech Center Plug and Play, a Silicon Valley-based open innovation platform, has expanded into Cambodia through a strategic partnership with the Ministry of Post and Telecommunications (MPTC) and the American University of Phnom Penh Technology Center (ATC). The Plug and Play Cambodia Program aims to transform Phnom Penh into a global innovation hub and strengthen the country's startup ecosystem. The program will target five core sectors: financial services, education, travel and hospitality, food and agriculture, and logistics. Plug and Play will offer services ranging from startup acceleration and commercialization support to open innovation consulting and venture capital investments. The program will also connect Cambodian entrepreneurs with international corporate partners, investors, and mentors. The American University of Phnom Penh's Technology Center will serve as a pipeline for early-stage startups through its incubator programs. The partnership will strengthen Cambodia's startup ecosystem and empower local talent to drive impactful innovation on an international scale. (Source: Cambodia Investment Review)

Stock Market

CSX index dips 0.13% as PPAP and GTI lead decliners On 29 May 2025, the CSX Index declined by 0.13%, closing at 405.8 points. On the Main Board, PWSA (+0.32%) was the only gainer, while PPAP (-1.76%), GTI (-1.48%), PAS (-0.50%), and PPSP (-0.47%) posted losses. ABC, PEPC, MJQE, and CGSM remained unchanged. On the Growth Board, DBDE and JSL rose by 0.93% and 1.12%, respectively. Total trading volume reached 62,383 shares, with a turnover of KHR 290 million. (Source: YSC Research)

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