Cambodia’s Cement Industry Surges with Over USD 1.2 Billion Investment
In a landmark development for Cambodia’s economic landscape, the nation’s cement industry has reached an impressive production level worth over USD 1.2 billion, catering to both domestic needs and export markets. This announcement was made during a pivotal meeting between Prime Minister Samdech Hun Manet and Mr. Ratchayut Kasemchaisiri, Chairman of the Cement Industry Association […]
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Cambodia Announces Stamp Duty Exemption for First-Time Home Buyers in 2025
In a significant move to boost the real estate market and support first-time home buyers, the Royal Government of Cambodia has announced a one-year exemption from stamp duty for properties priced at USD 210,000 or less. This initiative will be effective from January 1, 2025, to December 31, 2025, according to the government’s announcement issued […]
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Cambodia Earn Nearly USD 50 Million from Tourist Ticket Sales in 2024
In an exciting development for Cambodia’s tourism sector, the country generated close to USD 50 million from ticket sales for its iconic sites—Angkor, Koh Ker, and various boat rides—over the course of 2024. According to a comprehensive report released by the Angkor Institute on January 1, 2025, Cambodia collected a remarkable total of USD 48,950,354 […]
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What has the border ring road construction project achieved two months after the construction site opened?
The project to build the border ring road, funded by nearly $27 million from the Border Infrastructure Fund, has made significant progress since the construction site opened on November 4, 2024. Here are some key achievements of this historic project for Cambodia: Demining Operations: The team successfully cleared 1,462,500 square meters of unexploded ordnance, with […]
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Exciting New Year Discounts on Cambodian eVisas!
As we welcome 2025, the Royal Government of Cambodia is kicking off the New Year with a fantastic announcement for international travelers! Starting January 1, 2025, visitors to the Kingdom of Wonder can enjoy substantial discounts on their eVisa fees, making it easier and more affordable to explore the country’s rich culture and breathtaking landscapes. […]
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US Tech Giants Eye Cambodia’s Renewable Energy Potential
In an exciting development for Cambodia’s energy landscape, Ripple Inc., a prominent US fintech firm, is looking to forge a partnership in renewable energy. The company, known for its innovative financial solutions, has expressed a keen interest in establishing solar panel production in Cambodia, aiming to cater to the growing demand for clean energy in […]
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Japan Grants USD 7.2 Million to Cambodia for Social and Economic Development
The Japanese government has extended a grant of 1,002 million yen, equivalent to USD 7.2 million, to support a range of social and economic development initiatives. The funding was formalised through the signing of the Exchange of Letters and related documents by H.E. Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation, […]
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Guangxi Positions Itself as a Digital Silk Road Hub, Achieving 182% Trade Growth with ASEAN
Guangxi Zhuang Autonomous Region is stepping up efforts to solidify its position as a key hub for the Digital Silk Road, driving high-quality digital economy growth and strengthening ASEAN cooperation through the China-ASEAN Information Port. Officials announced that the region achieved an impressive 182% year-on-year trade growth with ASEAN in the first three quarters of […]
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Dauntri Reservoir Dam Nears Completion with 91% Progress, Set to Open by October 2025
The Dauntri Reservoir Dam project in Battambang province has reached an impressive 91% completion, marking a crucial milestone in its mission to revolutionise water supply and agricultural productivity in the province. This landmark project, designed to enhance irrigation and flood management, is expected to be fully operational by October 2025. The announcement was made during […]
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Cambodia’s Trade Volume Soars to Over USD 50 Billion in 2024, Marking a 15.95% Growth
Cambodia’s trade volume has exceeded USD 50 billion in the first 11 months of 2024, reflecting a substantial growth of 15.95% compared to the same period in 2023, as reported recently by the Ministry of Commerce in December 2024. This remarkable achievement underscores the nation’s robust economic progress and increasing integration into global trade networks. […]
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Japanese Ship to Make Historic First Docking at Cambodia’s New Ream Port
Samdech Techo Hun Sen, President of the Senate of Cambodia, confirmed that a Japanese ship will be the first vessel to dock at the newly inaugurated Ream Port. This historic event underscores the growing cooperation between Cambodia and Japan, particularly in security and infrastructure development. The commitment was made during a meeting with HE Akiba […]
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Cambodia Accelerates Reservoir Registration with 1562 in Total, 13% of Them Registered
Cambodia’s Ministry of Water Resources and Meteorology has disclosed that the nation is home to 1,562 irrigation reservoirs, yet only 197 of them—representing a mere 13%—are officially registered. This crucial detail was highlighted during a meeting held on 26 December 2024, where officials underscored the reservoirs’ vital role in supporting agriculture and managing water resources. […]
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