ADW Editor

Join us on November 26, 2021, 3 pm – 4.30 pm ICT / 9 am – 10.30 am CET to learn more about doing business in the Cambodian healthcare sector!

EuroCham held its 2nd Cambodian Insiders Luncheon – Green Business with H.E. Khavan SOK, Secretary of State, Ministry of Mines and Energy Cambodia on November 10th, 2021. During the event, it became clear that renewable energy is becoming an increasingly important topic for the Cambodian economy.

Thomas Hundt, CEO of Smart Axiata, has been nominated to become Axiata Group’s new Chief Strategy and Technology Officer. In the interim, he will be replaced by Feiruz Ikhwan, current Chief Financial Officer of Smart Axiata. In his new role based in Malaysia, Hundt will be vital in driving Axiata Group’s future innovation and technological advancements across South-East Asia.

The Cambodian government has announced a revision of its travel conditions, health measures and quarantine requirements for those entering the country. Starting from 18 October 2021, vaccinated travelers now face shorter quarantine periods when entering Cambodia, provided they meet certain safety requirements listed under the new measure.

Cambodian participation in the trade fair Expo 2020 in Dubai is a success, according to an official from the Cambodian Ministry of Commerce. Postponed due to the COVID pandemic, the trade fair opened its doors earlier this month and will continue until the end of March 2022.

The Ambassador of the European Union (EU) to Cambodia, H.E. Ms. Carmen Moreno, has pledged to renew the EU’s support to EuroCham Cambodia and to increase its engagement with the private sector in the country. Her remarks were made during the opening of EuroCham’s Annual General Meeting (AGM), on Thursday 14 October, 2021.

We are pleased to announce the publication of GIZ’s Sector Brief on Health Care in Cambodia! The Brief is part of a series of 7 publications so far, each analysing a key economic sector in Cambodia and showcasing related potential business opportunities for European investors, entrepreneurs and partners.

The 1st Asia-Europe Economic and Business Forum (1st AEEBF) will take place in Phnom Penh on 24 November 2021. Arranged in a digital format, it is one of the major side events of the 13th Asia-Europe Meeting (ASEM 13), an inter-governmental, multilateral summit scheduled for 25 and 26 November 2021. The Forum aims to further promote and facilitate foreign investment and cultural relations between European and Asian countries.

While the September elections in Germany have not yet yielded a confirmed successor to Angela Merkel, the overall direction of Germany’s involvement in the Asia Pacific region has been outlined by her government in late 2020 already. More engagement in and for rules based trade and investment will see the region gain relevance as one of Germany’s most important economic partner blocs.