Bilateral trade between Cambodia and Thailand was worth some $9 billion last year, up 7.14 per cent from 2018’s $8.4 billion, data from the Royal Thai embassy in Phnom Penh shows. Thailand and Cambodia have maintained excellent relations, as reflected by regular high-level visits and meetings,...
Last year saw the addition of 3,838 units to the condominium supply, bringing the total number in Phnom Penh to 18,008, research firm CBRE said. The condo supply last year grew by 27 per cent with the completion of 11 projects, CBRE showed in a report...
Despite internal and external challenges, the Cambodian economy reached even greater heights last year, with the government reporting economic growth of 7.1 per cent – the highest in the Asean region. However, China-US trade tensions and protectionist policies remain obstacles, with the government forecasting 6.5 per...
These dates may be modified as official changes are announced, so please check back regularly for updates. Date Day Holiday 1 Jan Wed New Year's Day 7 Jan Tue Victory Day 8 Feb Sat Meak Bochea Day 8 Mar Sun International Women's Day 9 Mar Mon International Women's Day Holiday 14 Apr to 17 Apr Tue to Fri Khmer New Year 1 May Fri Labour Day 6 May Wed Visak Bochea Day 10...
It has been a good year for Cambodia and its tourism industry. Less than a month after the Kingdom saw its tourism competitiveness go up, another major accolade has come its way. Cambodia’s ranking in the Travel and Tourism Competitiveness Index (TTCI) went up three notches...
Cambodian holidays are inextricably intertwined with Theravada Buddhist ritual. The holidays that really count are Buddhist in origin - not even the Khmer Rouge could eradicate the practice of holidays like Pchum Ben. Even the increasing presence of modern Western culture has done little to...
Over the past two decades, Cambodia has undergone a significant transition, reaching lower middle-income status in 2015. Authorities aspire to attain upper middle-income status by 2030. Driven by garment exports and tourism, Cambodia’s economy has sustained an average growth rate of 7.7% between 1995 and...
Starting a business in Cambodia is a fairly straightforward procedure. To do business legally, you must first register with MoC business registration. Now, the service is done online. You can start reserving a name before registering your business or start registering your business right away. ...
Located between Thailand and Vietnam, Cambodia is an attractive investment destination for businesses looking to expand in ASEAN. The country has recovered from a troubled and violent 20th century past and aims to now secure a place on the global economic playing field. With a steady economic...
Active Cambodia is a member of the ASEAN, alongside Brunei Darussalam, Indonesia, Laos, Myanmar, the Philippines, Singapore, Malaysia, Thailand and Vietnam. The ASEAN Free Trade Area was signed on January 28, 1992, and entered into force on January 1, 1993. In 2017, ASEAN accounted for...