China Eyes Tonle Sap Mining Opportunities and Cement Production in Kampot
A delegation from Hubei Province, China, led by Mr Hu Jingli, Deputy Chairman of the Geographical Office, has expressed strong interest in studying natural mineral resources in Tonle Sap Lake, Siem Reap, while advancing plans to invest in a cement plant in Kampot. This announcement followed a recent meeting with Siem Reap’s Deputy Governor, Mr […]
Canada to Establish Embassy in Phnom Penh, Strengthening Diplomatic and Trade Ties
Canada has announced plans to open an embassy in Phnom Penh, aiming to enhance its long-standing relationship with Cambodia and expand trade cooperation between the two nations. This decision was confirmed during a working meeting between PM Hun Manet and Canadian PM Justin Trudeau on 10 October 2024, in Vientiane, Laos. PM Trudeau informed Hun […]
China Grants Over USD 42 Million to Boost Cambodia’s Infrastructure Development
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s […]
Japanese Firm, MIRARTH, Expands Cashew Processing in Kampong Thom with Plans to Extract Oil from Cashew Shells
MIRARTH, a Japanese company operating in Kampong Thom, is significantly expanding its cashew nut processing capacity from 300 tons per year in 2021 to 1,500 tons annually, while exploring new avenues for refining oil from cashew shells. This initiative reflects the company’s commitment to innovation and value-added processing within Cambodia’s agricultural sector. The company presented […]
MPWT Completes Trapeang Sre Border Gate Project, Paving the Way for Next-Phase Development
The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia for […]
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, […]