Cambodia is negotiating a free trade agreement (FTA) with the Eurasian Economic Union (EAEU), a common market comprised of five nations of the former Soviet Union, hoping the new market will maintain the Kingdom’s economic growth.
The Cambodian and South Korean governments agreed to promptly conclude an agreement on mutual legal assistance and double taxation prevention as a foundation for broadening economic cooperation, according to a Sunday Ministry of Foreign Affairs and International Cooperation press release.
The government has made preparing for a digital economy and responding to the Fourth Industrial Revolution a priority as the country must speed up its economic transformation for long-term growth, the Ministry of Economy and Finance has said.
Cambodia's digital economy remains at a nascent stage and will need at least 10 years to grow and aim for a technology-driven economy, said Minister of Economy and Finance Aun Pornmoniroth.
With the belief that Khmer cuisine is an art form that sits proudly with Cambodia’s rich cultural and artistic heritage, Ros Rotanak has started a food business called Rotanak with the hope that Cambodian fare can be known worldwide like dishes from Thailand and Vietnam.
The Export-Import Bank of Thailand has officially opened a representative office in Phnom Penh to facilitate the operations of Thai exporters and investors and Cambodian importers of Thai products, says the bank’s president Pisit Serewiwattana.
Cambodia has seen investment in the manufacture of travel goods soar noticeably in early this year as the Council for the Development of Cambodia (CDC) figures reveal grants for bag manufacturers accounted for nearly half of all investment projects.
Some of the Kingdom’s small- and medium-sized enterprises (SMEs) are set to submit some of the sector’s main challenges to Prime Minister Hun Sen at the 21st Government-Private Sector Forum, which will be held at the end of this month.
THE Thai Department of Foreign Trade (DFT) will host a Thai-Cambodia economic partnership event in which the governments of both countries and the private sector have been invited to trade and offer investment promotion and solutions.
Cambodia is becoming an attractive destination for Macanese junket casino operators to set up shop, as the market is currently rapidly growing while the junket market in Macau is shrinking, according to Morgan Stanley Asia Ltd analysts.