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ខ្មែរ 
Hitachi Targets Southeast Asia Rail Market with US$1.6bn Acquisition
- 30 June 2024
Hitachi aims to expand its presence in Southeast Asia’s railway market following its US$1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi's ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable on 5 June 2024. Hitac...
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MOWRAM Dismantles Illegal Fence Encircling Stung Prek Tnaot State Property
- 29 June 2024
The Ministry of Water Resources and Meteorology (MOWRAM) has taken decisive action to dismantle illegal brick fences surrounding the Stung Prek Tnaot forage land, a state-owned property. This operation was led by Mr. Ouk Vuthy, Undersecretary of State of MORAM, who headed a team to inspect the site located in Kandal Stung district, Kandal province, and Kampol district, Phnom Penh. The mission aime...
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CFOCN Proposes Extensive Fibre Optic Network Installation Across Nine Cambodian Provinces
- 29 June 2024
Cambodia Fibre Optic Communication Networks Co., Ltd (CFOCN) requested approval from the Ministry of Public Works and Transport to undertake a significant project involving the drilling and installation of fibre optic cables across nine major provinces. This request was discussed during a meeting chaired by Mr. Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, on 21 Ju...
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Gov’t Seizes 40,000 Hectares of Forest Land in 1,500 Mountain Area to Reserve for Scenic Beauty & Eco-Tourism
- 28 June 2024
The Veal Veng district administration in Pursat province has confiscated approximately 40,000 hectares of forest land in the area of the 1,500 mountains, previously cleared by individuals intending to use it for private eco-tourism projects. This announcement was made by Mr Mom Bophan, Deputy Governor of Veal Veng District, during the receipt of 20,000 seedlings from the Wildlife Alliance on 23 Ju...
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CAIC Secures 12-Year Deal with French Firm for Duty-Free Retail at Techo International Airport
- 28 June 2024
CAIC has signed a 12-year contract with French company Lagardère Travel Retail SAS and local partner HSC Group to operate duty-free goods, essential travel equipment, and catering services at Techo International Airport. National Television of Cambodia reported this significant development on 26 June 2024. Séverine Lanthier, Executive Director for Asia and Strategy and Development Director at L...
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BYD to Establish Electric Car Factory in Cambodia, Signalling Major Economic Expansion
- 28 June 2024
China's leading electric car manufacturer, BYD, is set to invest in a new car plant in Cambodia, as confirmed by Prime Minister Hun Manet during a gathering with SMEs and artisans on 27 June 2024. PM Hun Manet also mentioned that two additional companies have applied to establish factories in Cambodia, further bolstering the nation's industrial growth. He emphasised the potential for economic e...
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Progress Report: Tonle Bassac Bridge Nears 12% Completion
- 27 June 2024
The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported on 27 June 2024. Mr. Phorn Rim highlighted the ...
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In four years, 36k Businesses Registered on Cambodia’s OBRP with Real Estate & Construction Leading the Way
- 27 June 2024
Since the launch of Cambodia’s Online Business Registration Platform (OBRP) four years ago, 36,509 companies have registered, with the real estate sector leading the way. As of 15 June 2024, the businesses registered under this system boast a total investment capital of US$11.13 billion, with the construction and real estate sectors contributing US$1.18 billion and US$1.13 billion respectively, ac...
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Kampot Unveils Giant Clock Project to Boost Tourism
- 27 June 2024
The Kampot Provincial Authority is set to construct a monumental clock standing 35 metres tall, with a face nearly 10 metres in diameter, aiming to enhance the region's tourism appeal. The announcement was made by HE Mao Thunin, Governor of Kampot Province, during the first regular meeting of the Kampot Provincial Council of the fourth mandate on 25 June 2024. Governor HE Mao Thunin emphasised ...
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Only A Few Days Left for Borey Peng Huot’s Mid-Year Promotion: Win an Electric Car and More!
- 26 June 2024
Borey Peng Huot’s massive Mid-Year Celebration promotion, featuring six major packages for every home purchase, is ending soon. The promotion, launched in early June, offers incredible incentives and will conclude by the end of June (26 June 2024). The comprehensive MID-CELEBRATION 6 package includes: ➤ The latest electric car, TOYOTA BZ4X-2024 ➤ Free hard copy cutting service ➤ Free W...
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750k SMEs in Cambodia Key Driver of Economic Growth, Contributing 63% to GDP and Employing Over 70% of Workforce
- 26 June 2024
Cambodia has more than 750,000 small and medium-sized enterprises (SMEs) which play a pivotal role in the nation's economy, contributing 63% to the gross domestic product (GDP) and employing more than 70% of the workforce. This significant contribution was highlighted by Samdech Hun Manet, PM of Cambodia, in his message on the occasion of the first National Day of Small and Medium Enterprises, cel...
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Guangzhou to invest $1.4 billion to build infrastructure for flying car by 2027
- 26 June 2024
Guangzhou is set to invest over 10 billion yuan (US$1.4 billion) by 2027 in the burgeoning "low-altitude economy," targeting the development of services operating below regular commercial aviation altitudes. This substantial investment is part of China's strategic push to invigorate its slowing economy, according to Asia.nikkei.com dated 4 June 2024. The ambitious plan involves building critica...
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