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PH, Cambodia to unlock full economic potential

Written by Filipino news

February 10, 2025

Estimated reading time: 1 minutes

PH, Cambodia to unlock full economic potential

<p><strong>OFFICIAL VISIT.</strong> Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet graces the Philippine-Cambodia Business Forum at the Makati Shangri-La in Makati City on Monday (Feb. 10, 2025). The Cambodian leader aims to open full economic ties between Manila and Phnom Penh in his first official visit here. <em>(PNA photo by Kris Crismundo)</em></p>
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<p><strong>OFFICIAL VISIT.</strong> Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet graces the Philippine-Cambodia Business Forum at the Makati Shangri-La in Makati City on Monday (Feb. 10, 2025). The Cambodian leader aims to open full economic ties between Manila and Phnom Penh in his first official visit here. <em>(PNA photo by Kris Crismundo)</em></p>
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<p><strong>MANILA</strong> – Visiting Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet said Cambodia and the Philippines still have a long way to unlock full economic potential by strengthening the two countries’ trade and investment ties.</p>
<p>Hun Manet is on his first official visit to the Philippines until Tuesday.</p>
<p>During the first day of his official trip on Monday, the Cambodian Prime Minister graced the Philippines-Cambodia Business Forum in Makati City, urging both Cambodian and Filipino businesses to explore further trade and investment partnerships.</p>
<p>“This forum is more than just a gathering. It is a bridge between our nations and a place where business connects, ideas thrive, and meaningful partnership. Together, we are strengthening economic ties and opening new opportunities,” Hun Manet said.</p>
<p>The Cambodian leader eyes stronger partnership with the Philippines in sectors of rice, tourism, air connectivity, skills development, and infrastructure.</p>
<p>In the same event, Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said the Board of Investments and the Council for the Development of Cambodia are eyeing to sign a memorandum of understanding (MOU) for closer investment relations between Manila and Phnom Penh.</p>
<p>“We aim to exchange information on the investment regime of both sides and assist investors from each side as they explore opportunities,” Rodolfo told reporters on the sidelines of the event.</p>
<p>Meanwhile, the Cambodian Prime Minister witnessed signing of two MOUs between Philippine Chamber of Commerce and Industry and Cambodia Chamber of Commerce, as well as Asia Europe University and World Citi Colleges. <strong><em>(PNA)</em></strong></p>
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