● Developed economies registered a threefold increase in FDIs in 1H21, reaching a total of $424 billion ● The UAE is one of the world’s top 20 economies, in terms of FDI ● AIM 2022’s FDI Pillar aims to explore pivotal themes, including mainstreaming ESG investments, GVCs Optimisation, IPAs as a favourable business environment, importance […]
Day: December 30, 2021
COVID-19: 14 New Imported Cases, All Omicron
Cambodia detected 14 new cases of COVID-19, which are all imported and Omicron cases, the Ministry of Health announced in a press release issued this morning.Cambodia’s tally now rose to 120,487, of which 19,905 were imported and nearly 50 are Omicron …
US$11 Billion Cambodia-ASEAN Trade Registered in First Ten Months
Bilateral trade between Cambodia and ASEAN was amounted to US$11,349 million in the first ten months of 2021, up 22 percent compared to the same period last year.According to the Ministry of Commerce, from January to October, Cambodia exported US$960 m…
CDC Approves a New Factory Project in Kandal Province
A US$3 million pet supplies factory will be built in Ang Snuol district, Kandal province, creating 369 jobs for the locals.The information was shared by the Council for the Development of Cambodia (CDC) in a press release yesterday following its approv…
Cambodia-China Friendship Preah Kossamak Hospital 90 Percent Completed
The construction of Cambodia-China Friendship Kossamak Hospital is now 90 percent complete and was aimed to be finished in late January 2022.The update was shared by the Health Secretary of State H.E. Dr. Yuok Sambath during an inspection visit to the …
Cambodia-EU Trade Up 11% to US$3.48 Billion in First Ten Months
The two-way trade between Cambodia and the European Union rose by 11 percent to about US$3,482 million in the first ten months of this year, despite the COVID-19 pandemic.The figures were highlighted in a recent report of the Ministry of Commerce, addi…
ASEAN to Strengthen Centrality for Peace, Security and Prosperity
Cambodia, the ASEAN Chair for 2022, will strengthen the ASEAN Centrality in the ASEAN-led mechanisms in maintaining and upholding peace, security, and prosperity.H.E. Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Co…
Tonle Sap Lake Fishers Target Small-Sized Borneo River Sprats
The Tonle Sap Lake, the largest lake in Southeast Asia, is connected to the Mekong River by the Tonle Sap River. In terms of fish abundance, the lake is among the most productive in the world. For about eight months of each year, especially during the …
ASEAN, UN Emphasise Importance of Myanmar-led Political Process to End Violence
The Association of Southeast Asian Nations (ASEAN) and the United Nations have shared the same idea that any political process toward ending violence in Myanmar must be Myanmar-led and Myanmar-own to be successful.The agreement was made by H E. Prak So…
Restoration of Preah Ko Temple’s Entrance 90% Complete
The restoration work of the entrance of Preah Ko Temple, which has collapsed for centuries, has so far been 90 percent complete, according to a news release of the APSARA National Authority.Conducted by the authority’s team, the restoration work began …