Darasakor International Airport is scheduled to open temporarily in August
The Darasakor International Airport, situated in Khemarak Phoumin City, Koh Kong Province, is expected to open temporarily at the end of August, with the initial phase being operated domestically. This information was confirmed by Mr Sin Chanserivutha, Secretary of State and spokesperson for civil aviation, in a recent announcement to Fresh News. Mr. Chanserivutha mentioned […]
Hitachi Targets Southeast Asia Rail Market with $1.6 Billion Acquisition
Hitachi aims to expand its presence in Southeast Asia’s railway market following its $1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi’s ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable […]
BYD to Establish Electric Car Factory in Cambodia, Signaling Major Economic Expansion
China’s leading electric car manufacturer, BYD, is set to invest in a new car plant in Cambodia, as confirmed by Prime Minister Hun Manet during a gathering with SMEs and artisans on 27 June 2024. PM Hun Manet also mentioned that two additional companies have applied to establish factories in Cambodia, further bolstering the nation’s […]
Kampot Unveils Giant Clock Project to Boost Tourism
Kampot Provincial Authority is set to construct a monumental clock standing 35 meters tall, with a face nearly 10 meters in diameter, aiming to enhance the region’s tourism appeal. The announcement was made by HE Mao Thunin, Governor of Kampot Province, during the first regular meeting of the Kampot Provincial Council of the fourth mandate […]
China Aims to Attract 100 More Companies to Invest in Zhejiang SEZ in Koh Kong by 2024
China’s Zhejiang Special Economic Zone (SEZ) in Koh Kong is set to attract 100 more companies by 2024, adding to the 28 currently investing there. This strategic goal was highlighted during a meeting between Mr. Chea Vuthy, Secretary General of the Investment Committee of Cambodia, and Mr. Zhou Zhangjin, Chairman of Zhejiang SEZ, along with […]
TSMC Affiliate Vanguard Partners with NXP for US$7.8bn Chip Facility in Singapore
Vanguard International Semiconductor, an affiliate of TSMC, will invest US$7.8 billion in partnership with European chipmaker NXP to construct its most advanced production facility in Singapore, targeting the rising demand for regional chip manufacturing and supply chain resilience. This significant venture, announced on Wednesday, underscores the strategic importance of localised semiconductor production in the current […]