A Japanese company in Kampong Thom is exploring the possibility of extracting oil from Cambodian cashew shells
MIRARTH is currently operating a factory processing cashew nuts in Kampong Thom province and is looking into refining cashew oil. The company has reported that it is increasing its cashew nut processing capacity to 1,500 tons per year, up from 300 tons at the beginning of 2021. MIRARTH has also presented a two-year study on […]
MPWT announces completion of project to improve Trapeang Sre International Border Gate to reach the next step
The Ministry of Public Works and Transport (MPWT) has announced the completion of the Trapeang Sre International Border Gate Improvement Project. This project was carried out under the Official Development Assistance Framework of the Republic of Korea. The next steps were discussed with relevant partners at a workshop held on September 30, 2024. The workshop […]
Pinglu Canal Set to Revolutionize China-ASEAN Trade Routes, Achieved 53% Milestone
The Pinglu Canal, a pivotal infrastructure project in southern China’s Guangxi Zhuang Autonomous Region, has already seen 53.2% of its construction completed since work began on 28 August 2022. This major progress was reported on 10 September 2024. With an investment of approximately $9.97 billion, this ambitious project is expected to open new trade corridors […]
Urgent Warning: Surge in Fake Telegram Groups Targeting Investors and general people
A concerning trend has emerged in Cambodia, with a notable increase in fraudulent Telegram groups masquerading as legitimate entities, aimed at deceiving individuals into investing in non-existent schemes. These counterfeit groups are exploiting the names and logos of reputable companies and institutions, such as Royal Group, Borey Peng Huoth, National Bank, and Canadia Bank, to […]
Cambodia’s Trade Volume with RCEP Surges to Nearly $23 Billion in 8-Month Period, Up 17%
Cambodia’s trade relations with the Regional Comprehensive Economic Partnership (RCEP) witnessed substantial growth in the first eight months of 2024, reaching an impressive USD 22.92 billion, a 17.2% increase compared to the USD 19.55 billion recorded during the same period last year. This spike in trade highlights Cambodia’s deepening economic integration with RCEP member countries, […]
Cambodia and Canada sign MoU to promote joint venture project development
To strengthen bilateral investment and expand economic cooperation, Cambodia and Canada have formalized an agreement to promote joint venture projects, focusing on priority sectors such as agriculture, renewable energy, and technology. The MoU was signed between the Cambodian Duke Association and Excellence Industrielle Saint-Laurent (FISL) of Quebec, Canada, during the visit of Cambodia’s Deputy PM […]