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ខ្មែរ 
Cambodia’s Coastal Wealth: Minister of Land Envisions $2 Billion Annual Contribution
- 11 January 2024
In a visionary statement, His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction (MLMUPC), revealed the immense economic potential of the Cambodian Sea, projecting a substantial annual contribution of approximately US$2 billion to the nation. The declaration came during a pivotal meeting on 8 January 2024, convened to assess the progress ...
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Majestic 45-Metre-Tall Buddha Statue Soars as Construction Commences in Kep Province
- 10 January 2024
The construction of the awe-inspiring 45-metre-tall "Buddha of Forgiveness" has commenced in Kep province. The groundbreaking event was presided over by Samdech Men Sam An, Personal Adviser to the King of the Kingdom of Cambodia which was held on 9 January 2024, marked the initiation of this monumental project, situated in Kep village, Sangkat Kep, Kep city. The Buddha statue, set atop a mounta...
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Cambodia’s Steel Import Surges: Reaches US$372m in 2023
- 10 January 2024
In a robust display of economic activity, Cambodia witnessed a notable surge in iron and steel imports, totaling an impressive U$372 million in 2023. This marks a substantial 3.5% increase compared to the figures recorded in 2022, signifying a thriving demand for steel products within the nation. According to a report released by the General Department of Customs and Excise on 10 January, iron ...
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Cambodia Airways Elevates Connectivity with Launch of Phnom Penh-Chongqing Flights
- 10 January 2024
In a strategic move to enhance trade links with China and bolster tourism, Cambodia Airways inaugurated direct flights from Phnom Penh to Chongqing on 6 January. The twice-weekly round-trip flights, operational on Mondays and Saturdays, aim to fortify ties between Cambodia and China, especially in the aftermath of the global crisis, according to Tin Media on 4 January 2024. The airline, already...
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China Allocates US$1bn for Advancing Rubber & Tyre Engineering Technology in Cambodia
- 9 January 2024
In a strategic move aimed at fortifying technological advancements in the rubber and tyre sector, the National Centre for Research in Rubber and Tire Engineering Technology of the People's Republic of China (NERCRAT) has unveiled plans to invest a substantial US$1 billion in key priority projects within Cambodia. The announcement was made during the signing ceremony of the Memorandum of Underst...
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Bay 19 Golf Worth US$41m Elevating Golfing Excellence on Cambodia’s Coastal Horizon
- 9 January 2024
A groundbreaking ceremony marked the commencement of the first international standard Bay 19 Golf Course project, an extraordinary venture with a US$41 million investment, situated on Ream Beach in Sihanoukville as part of the Bay of Lights development project. The launch, held on 29 December 2023, was inaugurated by HE Kouch Chamroeun, Governor of Sihanoukville, Mr. Seng Meng Hong, Secretary of S...
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Cambodia Achieves Remarkable Industrial Growth: Over 40k Factories and Enterprises Flourish
- 9 January 2024
As of December 2023, Cambodia has witnessed an exceptional surge in its industrial landscape, boasting a total of 40,840 factories. Prime Minister Samdech Hun Manet shared this significant milestone during the inauguration ceremony of the Samdech Techo Hun Sen Koh Yor Bridge in Mondul Seima district, Koh Kong province, on 8 January 2024. Highlighting the government's strategic policies, PM Hun ...
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Sihanoukville Takes the Crown for Best New Year Celebration in 2024
- 8 January 2024
In a resplendent declaration, Sihanoukville clinches the prestigious title of "Best Countdown City of the Year" for its unparalleled New Year celebration, triumphing over Battambang and Siem Reap. This announcement, dated 5 January 2024, is a result of the keenly contested competition organized by the National Committee for Clean City Assessment (NCCCA) and the Ministry of Tourism. The "Best Co...
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Sihanoukville Enhances Connectivity with Government Initiative: Free Wi-Fi Unveiled in Key Public Areas
- 8 January 2024
In a strategic move to bolster connectivity and foster digital accessibility, the Sihanoukville Provincial Department of Posts and Telecommunications has successfully implemented a Public Wi-Fi project in prominent public spaces and major entertainment hubs within Sihanoukville. Chaired by Mr Yus Sothea, Director of the Department of Posts and Telecommunications of Preah Sihanouk Province, a me...
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Samdech Techo Hun Sen’s US$1.4 Million Gift: Koh Yor Bridge Officially Unveiled
- 8 January 2024
With a budget of US$1.4 million, the inauguration of the Koh Yor Bridge, now known as the Samdech Techo Hun Sen Koh Yor Bridge, in Pak Klang commune, Mondul Seima district, Koh Kong province, took place in a momentous ceremony presided over by Samdech Hun Manet, Prime Minister of the Kingdom of Cambodia, on 8 January 2024. The new bridge stands as a symbol of progress and a precious gift from S...
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Gov’t Extends Tax Incentives to Boost Real Estate to End of 2024
- 8 January 2024
The Cambodian government has announced an extension of the tax grace period to bolster the real estate sector and facilitate access to affordable housing for low- and middle-income citizens amidst global economic uncertainties. The decision, outlined in a notification from the Ministry of Economy and Finance dated 4 January, involves the continued exemption of stamp duty on the transfer of owne...
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Six Chinese Firms Eye Cambodia’s Cashew Potential for Green Energy Revolution
- 7 January 2024
In a groundbreaking development for Cambodia's agro-industrial landscape, six prominent Chinese companies have expressed keen interest in establishing cashew processing plants in the country, with a unique focus on transforming cashew shells into Cashew Nut Shell Liquid (CNSL). This revelation comes from the Cashew Nut Association of Cambodia (CAC), adding a promising chapter to the nation's growi...
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