Phnom Penh Post - Business
Cambodia is taking further steps to optimise the implementation of Economic Diplomacy Strategy (EDS) 2021-2023 to boost economic cooperation between the six Mekong countries, garner more inbound investment flows and promote local products
Phnom Penh, 23 June, 2022 -Metfone, a leading mobile operator in Cambodia, has extended its sponsorship deal with Cambodian Premier League (CPL) for another three years to 2024, which will see the company splash out 500,000 USD each year.
Cambodia is developing a range of tour packages to the Morodok Techo National Stadium to encourage internal tourism and demonstrate that the Kingdom is ready to host the 2023 Southeast Asian (SEA) Games.
The collective trademark of Sen Kra’op (SKO) fragrant rice and Damnoeb Sbai Mongkul (DSMK) Cambodian premium glutinous rice was inaugurated to increase exporters’ confidence and boost exports of milled rice to the global markets.
Cambodia Fresh Farm’s plans to export tilapia to Japan early this year have been pushed back until the end of next month due to logistical issues, according to its CEO.
Cambodia's largest commercial bank by total assets ACLEDA Bank Plc and global money transfer firm Western Union (WU) have partnered to offer customers cross-border money transfers to 200 countries via “ACLEDA mobile” app.
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
National Bank of Cambodia (NBC) sold nearly $600 million in 2021 to banks and money changers through auctions to stabilise the exchange rate to sustain the macro-economic conditions following the Covid-19 pandemic.
Gold continues to trade in a narrow range as it reacts to two opposing forces – rising interest rates and inflation.
Walmart Inc, the world’s biggest retailer, on June 22 reiterated recent plans to scale up and greatly diversify its purchases of Cambodian products, according to the labour ministry.
The global market for “vegan leather” – materials that act as alternatives to traditional leather that can be synthesised from cork, apple peels, cactus, recycled plastic, grape pomace and pineapple leaves, among other things, and supposedly require no chemicals or water to produce – is expected to
