Cambodia Achieves Record Cashew Production of 840k Tons in 2024
Cambodia’s cashew industry has witnessed remarkable growth, with 840,000 tons of cashew nuts produced in the first ten months of 2024, marking a 26% increase compared to the same period last year. This significant milestone, announced by Mr. Uon Siloth, President of the Cambodian Cashew Association, reflects the sector’s growing importance in the nation’s agricultural landscape. Of the total...
Read MoreNetwork News: How Digital Twins and Analytics Are Shaping the Future of Connectivity And 5G
Not entirely out of sight, but almost always out of mind, cell towers quietly form the backbone of modern communication, powering everything from texts and phone calls to TikTok videos. Some topping 200 feet, they can stand tall like sentinels along roads or poke up from the roofs of high buildings. Their thistle-like tops bristle with antennas, transmitters, and other equipment that keep us conne...
Read MoreCambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects
Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalized through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of the withdrawal process. Des...
Read MoreCambodia’s Mining Sector Attracts USD 2.764 Billion Investment Across 555 Licensed Operations
Cambodia’s mining sector continues to expand, with 555 registered mining licenses now active under the Ministry of Mines and Energy, driving a total investment of USD 2.764 billion and creating approximately 11,306 jobs. The ministry highlighted this significant growth during its annual meeting on 21 November 2024, underscoring the sector's vital role in national economic development. In 2024 a...
Read MoreCambodia Achieves Over 7.7 Million Land Registrations, Eyes 2028 Completion
Cambodia has registered over 7.7 million land parcels nationwide, with only 1.5 million parcels remaining, marking substantial progress in its national land registration initiative. The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) aims to complete the registration process by 2028, further strengthening land rights and management. Government Spokesperson HE Pen Bona sha...
Read MoreFour Firms Submit Proposals to Redevelop Cambodia’s Block A Oil Project
The Ministry of Mines and Energy has announced that four companies have officially submitted proposals to redevelop Block A, Cambodia’s prominent oil exploration site. These proposals come as part of a broader effort to revitalize the country’s energy capacity following the suspension of operations due to KrisEnergy’s bankruptcy in 2021. An additional five companies have expressed interest but ...
Read MoreCambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid
Cambodia has inaugurated a modern National Assembly administration building with a USD 25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and HE Tran Thanh Man, President of the National Assembly of Vietnam, symbolizing the enduring friendship between the two nations. The 12-storey buildin...
Read MoreBrunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia
Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November ...
Read MoreChinese Firm Proposes Oxygen Supply Systems & Nursing Homes in Cambodia
Henan Taiyi Medical Technology Co., Ltd., a prominent Chinese medical equipment manufacturer, has unveiled plans to collaborate with Cambodia's Ministry of Health to install oxygen supply systems in public hospitals and establish nursing homes nationwide. The proposal, aimed at strengthening the country's healthcare infrastructure, was discussed during a meeting on 18 November 2024 between HE P...
Read MoreJapan Invests Over USD 40 Million in Cambodia, Enhancing Economic Partnerships in 2024
Japan has invested over USD 40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Okhna Association and the Japan-Cambodia Association...
Read MoreChinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri & Mondulkiri
China's Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signaling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, Yunnan prov...
Read MoreThailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus
Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing the country’s sluggish economic growth and addressing rising household debt. The proposed changes, announced on Aseannow.c...
Read More