Phnom Penh Autonomous Port Achieves Record Container Traffic & Revenue Growth in 2024
The Phnom Penh Autonomous Port recorded an impressive milestone in 2024, handling over 401,000 TEUs (Twenty-foot Equivalent Units) of containers in the first ten months, reflecting nearly a 20% increase compared to the same period in 2023. The port also processed 35,264 TEUs in October alone, a 17.75% rise from October 2023, according to an update on the port's official Facebook page on 12 Nove...
Read MoreChinese Firm Targets Cambodia for Large-Scale Durian Cultivation & Processing Hub
Zhengzhou Chen's Sun, a prominent Chinese company, has announced plans to invest in Cambodia's durian cultivation and processing facilities, aiming to enhance the country’s agricultural export capabilities. This ambitious project was a key focus during a meeting between PM Hun Manet and Xuemei Chen, Chairman of Zhengzhou Chen's Sun, on 6 November 2024 in Kunming, Yunnan Province, China. Ms. Xue...
Read MorePhnom Penh-SHV Expressway Offers Exclusive Discounts for 3-Day Water Festival Celebration
To celebrate the Royal Water Festival from 14 to 16 November 2024, the Ministry of Public Works and Transport (MPWT) has announced a special three-day discount on the Phnom Penh-Sihanoukville Expressway. Notification No. 052 S.K.R., dated 12 November 2024, confirmed that the Phnom Penh-Sihanoukville Expressway Company will offer a 20% discount on toll fees for all vehicle types during this fest...
Read MoreCambodia Unveils Export Service Centre to Strengthen International Trade & Empower Local Businesses
In a pivotal move to enhance Cambodia’s global trade footprint, the Ministry of Commerce officially launched the Export Service Centre (ESC) on 5 November 2024. This new initiative, dedicated to advancing Cambodian exports, aims to position local products in global markets and equip traders with essential skills and resources to compete internationally. The inauguration ceremony, led by Ministe...
Read MoreLocal Pursat Firm Transforms Waste into Organic Fertiliser to Boost Agricultural & Environmental Impact
Save the Lives (Cambodia) Co. Ltd., based in Pursat province, is revolutionizing waste management by converting collected garbage into organic fertilizer. Licensed to clean, collect, transport, and store solid waste across all seven communes of Pursat City since mid-April 2024, the company started producing natural organic fertilizer under the brand "Sovannaphum" in June 2024. Within just fo...
Read MoreChina Boosts Cambodia’s Digital Transformation with High-Speed Mobile Network Expansion
Cambodia’s digital transformation has accelerated with China’s commitment to achieving 100% high-speed internet coverage in urban areas and 70% in rural regions by 2025. Confirmed by HE Wang Winpin, Chinese Ambassador to Cambodia, at the Cambodia-China Digital Economic Cooperation Forum on 4 November 2024, this initiative sees significant Chinese investment in enhancing Cambodia’s telecommunica...
Read MoreGroundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60k Jobs
A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang village, Taing Sya commune, Phnom Sruoch district, Kampong Speu province. Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of Golden Integrity International Investment...
Read MoreFrench Luxury Brand Metal Jewellery Opens New Factory in Cambodia, Boosting Local Industry & Jobs
Metal Jewellery Cambodia, a renowned French jewellery brand, officially opened its production and assembly factory for metal and plastic jewellery on 9 November 2024. The inauguration, led by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, marks a major milestone following the company’s investment permit approval in June 2023. HE Chea Vuthy emphasised the significance...
Read MorePM Inaugurates USD10 Million Techo Santepheap Ankoul Beach Road to Boost Tourism in Kep
The USD 10 million Techo Santepheap Ankoul road project, aimed at enhancing tourism infrastructure, was officially inaugurated in Ang Kol, Kep village, and Angkor village in Ang Koul commune, Damnak Chang Eur district, Kep province. Led by PM Samdech Hun Manet, the ceremony on 11 November 2024 marked the completion of this pivotal project in the Greater Mekong Subregion’s Phase 2 tourism infras...
Read MoreChinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial & Agricultural Sectors
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilisers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November 2024 in ...
Read MoreThailand’s USD 6.5 Billion EV Industry Set to Power Commercial Real Estate Growth
Thailand’s fast-growing electric vehicle (EV) industry is projected to generate a real estate market worth at least USD 6.5 billion by 2030, driven by government policies and strong foreign investments. As the country aims to solidify its position as Southeast Asia’s leading hub for EV manufacturing, this growth will fuel demand for specialized real estate to support manufacturing, research, and i...
Read MoreThree Cambodian Institutions Shine in Energy Efficiency Awards for Commercial Buildings
In a landmark event celebrating energy efficiency, three Cambodian institutions emerged as winners at the Cambodian Energy Efficiency Competition (CEE Comp) awards, hosted by the Ministry of Environment in partnership with Sevea Co., Ltd. on 4 November 2024. Ecole Paul Dubrule Tourism School in Siem Reap took the top prize, with the Lotus Green Team and Confluences following in second and third...
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