Freight rates in Cambodia have started to recede gradually as declining international oil prices drive down local retail fuel costs, which will enhance the competitiveness of the Kingdom’s products on international markets, industry insiders have said.
Vietnamese-owned Bamboo Airways JSC on August 7 debuted its first route to Cambodia, from Hanoi to Siem Reap – home of the world’s largest religious complex Angkor Wat – to capitalise on consumers’ pent-up demand for travel, after the Kingdom and Vietnam rolled back Covid-19 restrictions.
The Cambodia Travel Goods and Leather Association (CTLA) was made official on August 6 to better support and represent an industry that has experienced extraordinary growth in the past few years.
The government continues to prepare its “special tourist policy” to support growth in the ailing travel industry and add value to the sector by attracting various classes of visitors including long-stays, repeats, high spenders, potential investors and others who may become involved in socio-
While acquiring stocks is relatively easy, understanding when best to hold or sell them can prove more challenging.
The US’ tariff exemptions on solar cell and module imports from Cambodia have led to a series of proposals for solar panel factories in the Kingdom in recent months, which prominent business players have lauded as a springboard to diversify renewable energy exports.
The Royal Group Phnom Penh Special Economic Zone (PPSEZ) exported $492.7 million worth of merchandise in the first seven months of this year, a sizeable 29 per cent year-on-year increase, according to the developer.
Cambodia and Belarus are keen to boost trade and economic cooperation, as a new report revealed that the Eastern European country did not import any Cambodian goods in the first half of this year.
CP Cambodia Co, Ltd, expanding operations to meet the needs of the local market, is looking for suitable local partners to join its businesses, with opportunities available for animal feed distributors and breeders.
Feed the Future Cambodia Harvest III, a US Agency for International Development (USAID)-funded project, is expected to raise about $153 million for private sector investment, agricultural-related financing and the sale of agricultural products.