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ខ្មែរ 
Cambodia to Establish Private Business Centre in Macau to Expand Overseas Markets
- 31 July 2024
The Cambodian Ministry of Commerce is preparing to establish a Cambodian Private Business Centre in Macau to boost overseas markets. This initiative aims to promote the export of Cambodian products and enhance international trade relations. The announcement came following a site inspection by a delegation led by Mr. Seang Thai, Secretary of State of the Ministry of Commerce, on 22-23 July 2024. ...
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SHV Welcomes 2.8 Million Tourists in First Half of 2024, Including 200K Foreign Visitors
- 31 July 2024
In the first six months of 2024, Sihanoukville attracted a total of 2.8 million tourists, including 200K foreign visitors, showcasing a significant increase from the previous year. This information was revealed during a meeting between HE Mang Sineth, Governor of Sihanoukville Province, and Mrs. Tuy Le Chheng, Ambassador of Singapore to Cambodia, on 29 July 2024. Governor Sineth highlighted tha...
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Korea Pledges US$10 Million Cooperation Fund to Boost Mekong Development by 2027
- 31 July 2024
The Republic of Korea has pledged to increase its financial contribution to the Mekong-Republic of Korea Cooperation Fund to US$10 million by 2027, aiming to bolster sustainable development and environmental protection in the Mekong subregion. This commitment was announced in a press release on 28 July 2024. During the 12th Meeting of the Foreign Ministers of the Mekong and the Republic of Kore...
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Golden Port SEZ to Establish 270-Hectare SEZ Along Sihanoukville Expressway
- 30 July 2024
Golden Port SEZ Development Co., Ltd. has unveiled plans to establish a 270-hectare special economic zone along the Phnom Penh-Sihanoukville Expressway, aiming to bolster industrial diversification in Cambodia. The announcement was made following a meeting on 29 July 2024 between Mr. Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr. Kaing Leng, Chairman of Golden Port SE...
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Cambodia’s Mid-2024 Economic Update: Sharp Decline in Credit Growth Signals Business Slowdown, Rising NPL Ratios Across Sectors
- 30 July 2024
A significant decline in credit growth indicates a slowdown in business activities nationwide. This trend is accompanied by rising non-performing loan ratios (NPLRs) across all major sectors, including commercial banks, mortgages, construction, and real estate activities, according to recent data from the National Bank of Cambodia for Q1 2024 and updated by CBRE Cambodia on 26 July 2024. Credi...
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PPSEZ CEO: Digitalizing custom procedures can reduce 30% of Cambodia’s logistic cost and if Donald Trump Wins
- 30 July 2024
The Phnom Penh Special Economic Zone (PPSEZ), a key industrial park in Cambodia, is diversifying its tenant base to attract more companies from Thailand and Vietnam, amid shifts in global supply chains. Housing over 90 tenants from 15 countries across 3.57 square kilometres, PPSEZ aims to complement Thailand's supply chain and encourage production transfer from Vietnam, reported Nikkei Asia on 23 ...
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MLMUPC Issues Procedures for Registration of Private Sectors of Co-Owned Buildings Built Before December 19, 1997
- 29 July 2024
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) has established new procedures for registering the private sections of co-owned buildings constructed before December 19, 1997, to safeguard legal property rights of occupants. This initiative is outlined in Prakas No. 050 ដនស/ប្រក/ក.ក.ច, dated 19 July 2024. The Prakas addresses co-owned buildings built before December 1...
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Samdech Techo Pushes for Expedited Construction of NR No. 78.5 connecting Ratanakkiri to the Triangle Area
- 29 July 2024
Samdech Techo Hun Sen, President of the Senate of Cambodia, has urged the new government to expedite the construction of NR No. 78.5, connecting Ratanakkiri Province and Banlung City to the "tail of the dragon" (Angle 3) with a length of over 166 kilometres. In a special message addressing the CLV development triangle (Cambodia, Laos, Vietnam) on 23 July 2024, Samdech Techo Hun Sen expressed hi...
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Kampong Speu to Plant Tens of Thousands of Palm Trees Along Stung Prek Tnaot
- 29 July 2024
The provincial authorities in Kampong Speu have announced an ambitious plan to plant tens of thousands of palm trees along the Stung Prek Tnaot River and around local resorts, aiming to enhance the area's beauty and attract more tourists. The initiative seeks to make Kampong Speu the province with the most palm trees in Cambodia, stated by Governor HE Cheam Chansophoan during a tree-planting cerem...
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Lao Gov’t Approves New 63 km Expressway Section from Oudomxay to Chinese Border
- 28 July 2024
The Lao government has given the green light for the construction of the fourth section of an expressway, enhancing transport connectivity between Laos and China. This newly approved segment will span 63 kilometres, linking Oudomxay province to Boten in Luang Namtha province, a key border area with China, according to a report by Pasaxon on 24 July 2024. The expressway project, aimed at boostin...
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Vietnam Expands 400MW of Electricity Supply to Cambodia: Pledging More Cooperation
- 27 July 2024
Vietnam has announced a significant increase in its electricity supply to Cambodia, pledging up to 400 megawatts to support the nation’s economic growth. This commitment follows a recent meeting between Samdech Techo Hun Sen, President of the Senate of Cambodia, and HE Pham Minh Chinh, Prime Minister of Vietnam, held in Hanoi on 25 July 2024. The agreement includes renewing an existing contract...
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Royal Railway Cambodia Successfully Tests New Train Lines for Phnom Penh-Poipet Route
- 27 July 2024
Royal Railway Cambodia has successfully conducted a test run of four Kiha183-182 train lines on the Northern Railway from Phnom Penh to Poipet, signalling a major step towards resuming passenger services. The test, conducted on 25 July 2024, aimed to evaluate the railway's readiness for passenger operations following a long suspension due to the COVID-19 crisis. During the test, the technical t...
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