We’re delighted to share the weekly news highlights below. Cambodia reduces e-visa fees for tourists Starting January 1, 2025, Cambodia will reduce e-visa fees for tourists and business travelers. The new fees are $30 for tourist visas (down from $36) and $35 for ordinary visas (down from $42). This move aims to attract more visitors […]

We’re delighted to share the weekly news highlights below. Cambodia Wins Nod from UN General Assembly for LDC Graduation The UN General Assembly has given the green light for Cambodia to prepare for its migration from Least Developed Country status by 2029. Despite the potential loss of preferential market access and concessional financing, the UN […]

Introduction With Cambodia’s economy developing at a rapid pace, the country’s real estate sector has become an attractive investment opportunity for both local and international buyers. How to buy property in Cambodia has become a frequently asked question—particularly among foreigners—who are drawn by the potential for strong returns, relatively affordable prices, and the excitement of […]

We’re delighted to share the weekly news highlights below. Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects Sihanoukville’s economic transformation is gaining momentum with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group, are set to receive special incentives to […]

Vietnam leads with over half of Cambodia’s new investments in November  In November, the Council for the Development of Cambodia (CDC) approved 40 new investment projects and three production-expansion plans valued at $940 million, creating an estimated 39,000 jobs. Vietnam was the largest investor, accounting for approximately 51.08% of the total investment, followed by China […]

Introduction Christmas in Cambodia brings a delightful blend of global holiday cheer and the warm, community-oriented spirit deeply ingrained in local culture. Even if you’ve found your compact apartment in Phnom Penh or a modest family home in Siem Reap through a trusted real estate agent, there are still countless ways to infuse your space […]

Leader Energy signs landmark agreement for Cambodia’s first 150 MW wind power plant Leader Energy has signed an Implementation Agreement (IA) with Cambodia’s Ministry of Mines and Energy to develop the country’s first 150 MW wind farm in Mondulkiri province. This project marks Leader Energy’s entry into wind power, expanding its renewable energy portfolio, which […]

We’re delighted to share the weekly news highlights below. Cambodia can play a key role in promoting regional trade: World Bank The World Bank report emphasizes improving Cambodia’s transport links with neighboring countries to boost regional trade. It aligns with the Cambodian government’s CITLS Master Plan for 2023–2033, which aims to enhance transport efficiency. Tania […]

We’re delighted to share the weekly news highlights below. US remains Cambodia’s number one export market in 10 months In the first ten months of 2024, the United States remained Cambodia’s top export market, with exports reaching $8.23 billion, a 9.8% increase. Vietnam followed as Cambodia’s second-largest market, with exports to Vietnam rising by 31.2% […]

We’re delighted to share the weekly news highlights below. Cambodia Makes over $376M from Rice export in 10 Months Cambodia has earned over $376 million from rice exports in the first ten months of 2024. The country exported more than 500,000 tons of rice to international markets, with China being the largest importer, followed by […]

Kratie Celebrates the Official Opening of its First USD 140 Million Tyre Factory The Newbustar (Cambodia) Tire Co., Ltd. has officially opened Cambodia’s first-ever tyre factory in the UBE Snuol Special Economic Zone (SEZ) in Kratie province. This $140 million investment, which began operations in May 2023, spans a 40-hectare site with an annual production […]

Govt cuts 2025 budget expenditure to $9.3 billion The Cambodian government has approved a draft budget of approximately $9.32 billion for 2025, down from $9.54 billion in 2024. This budget, representing 18.14% of GDP, was approved during a cabinet meeting chaired by Prime Minister Hun Manet on October 25. The budget aims to support ongoing […]

We’re delighted to share the weekly news highlights below. An early look at how Cambodia’s economic vision is shaping up Cambodia is gaining recognition as an attractive destination for global investors, having secured 315 fixed-asset investment projects worth $5.28 billion in the first nine months of 2024. The country is focused on creating a favorable […]

We’re delighted to share the weekly news highlights below. Cambodia Approves 28 New Projects in September, Attracting USD443 Million Investment Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as […]

We’re delighted to share the weekly news highlights below. Cambodia Boosts Agro-Industry with USD 342m Investment in 19 Large-Scale Rice & Grain Mills Cambodia has significantly expanded its agro-industrial sector with the establishment of 19 large-scale rice and grain mills, backed by an investment of over USD 342 million, as announced by HE Hem Vanndy, […]

Cambodia Pulls Out of Economic Agreement With Vietnam and Laos Cambodia has decided to withdraw from the Cambodia-Laos-Vietnam (CLV) Triangle Development Area, a significant economic agreement established in 1999 aimed at developing the border provinces of the three countries. Prime Minister Hun Manet announced this decision, citing concerns about national sovereignty and political pressure from […]

We’re delighted to share the weekly news highlights below. China’s Economy Softens in August as Beijing Continues to Grapple with Lagging Demand China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp spending to stimulate demand. China has been grappling with a lagging economy […]

We’re delighted to share the weekly news highlights below. Stung Toch Drainage Rehabilitation Project in Kampong Speu Reaches 89% Completion The rehabilitation of the Stung Toch drainage system in Kampong Speu province has achieved approximately 89% completion, as reported by the Ministry of Water Resources and Meteorology (MoWRM). September 06, 2024 | Construction Property | […]