6th Meeting of the GMS Urban Development Working Group
The 6th Meeting of the Greater Mekong Subregion (GMS) Urban Development Working Group (UDWG) was held via web-based conferencing on 21 June 2023.
The 6th Meeting of the Greater Mekong Subregion (GMS) Urban Development Working Group (UDWG) was held via web-based conferencing on 21 June 2023.
The 52nd GMS Tourism Working Group Meeting (TWG-52) was held on 21 November 2023. It was attended by senior and mid-level officials representing the National Tourism Organizations (NTOs) of the Greater Mekong Subregion (GMS) countries, Mekong Tourism Coordinating Office, development partners and organizations including the ASEAN Japan Centre, GMS Secretariat and private sector.
The Royal Government of Cambodia, led by the Ministry of Environment, launched the Circular Strategy on Environment 2023-2028 on 15 November 2023.
Cambodia recorded 4.4 million international tourist arrivals in the first 10 months of 2023, a 180% increase over the same period in 2022. Tourism Minister Sok Soken remarked that based on this figure, Cambodia is expected to receive approximately 5.4 million foreign visitors in 2023.
ASEAN member countries agreed to fast track the implementation of cross-border payments in ASEAN at the 43rd ASEAN Summit in Jakarta, Indonesia. This paves the way for ASEAN member countries to utilize local currencies when transacting in the region and promote regional payment connectivity. This move encourages the use of local currencies to support cross-border trade and investment in the ASEAN region.
The ASEAN Federation of Forwarders Associations (AFFA) met on 2 December 2023 in Phnom Penh, Cambodia, for their 33rd annual meeting, and discussed facilitation of goods transportation via inter-governmental cooperation in the region.
ASEAN countries have emphasized the development of logistics services, infrastructure, and trade facilitation measures, and promoting intra-bloc connectivity.
This brief explores how bookings for alternative accommodations have soared in Southeast Asia and why stronger regulation can help maintain quality standards, increase tax revenue, and maximize local economic benefits.
The Government of Cambodia is preparing to introduce enhanced travel measures in time for its peak tourism season, which will run from mid-October through March of next year. These measures includes simplifying entry procedures, following the recommendation of Cambodia Prime Minister Hun Manet, and preparing to open the new Siem Reap Angkor International Airport.
The Greater Mekong Subregion (GMS) countries convened the 29th (the final) Meeting of the GMS Regional Power Trade Coordination Committee (RPTCC-29) in a hybrid format (with inperson in Siem Reap, Cambodia and via web-based conferencing) on 5-6 July 2022. RPTCC-29 was a landmark meeting signaling the evolution of RPTCC into the GMS Energy Transition Taskforce (ETTF).
ADB is one of Cambodia’s largest sources of official development assistance, with average annual lending of $368.3 million in 2018–2022.