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ខ្មែរ 
New Zealand Extends a Helping Hand: Injects Over US$ 3 Million in Demining Assistance for Cambodia
- 7 December 2023
New Zealand has pledged an additional US$ 3.1 million for the fourth phase of Cambodia's demining project. The financing agreement, symbolizing this commitment, was formalized at a signing ceremony between the United Nations Development Program (UNDP), represented by Ms. Alissar Chaker, UNDP Country Director for Cambodia, and the Ministry of Foreign Affairs and Trade of New Zealand, represented by...
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Okhna Pung Kheav Se Leads 74 CCA Members and 133 Companies Organising Cam-International Construction Exhibition
- 7 December 2023
In a spectacular celebration of milestones, the Cambodian Construction Association (CCA) illuminated its 13th anniversary with the grand event, "Summit on Annual Progress Report and Inauguration of Cambodia-International Construction Industry Exhibition." Held at the prestigious Koh Pich Conference Hall from 6-8 December 2023, the gala was presided over by HE Para Mangol, Secretary of State, repre...
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China’s Guangzhou Youdi Biotechnology Explores Opportunity of Establishing Visionary Medical Industrial Zone in Cambodia
- 6 December 2023
Embarking on a strategic initiative, Guangzhou Youdi Biotechnology, a renowned medical company hailing from Guangzhou, China, has expressed its keen interest in delving into the prospect of establishing a cutting-edge medical industrial zone within Cambodia. The proposal unfolded during a meeting on 4 December 2023, between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Cou...
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ADB’s $2.4M Boost to House State-of-the-Art Chuon Nath Library, Largest in Cambodia
- 6 December 2023
The Asian Development Bank (ADB) has allocated a generous sum of US$2.4 million for the construction of the Chuon Nath Library at the National Institute of Education. The groundbreaking ceremony, led by HE Dr Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth, and Sports, took place on 29 November 2023. The initiative, a crucial component of the Secondary Education Develop...
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Cambodian Gov’t Abandons US$1.5billion Coal Power Plant for Sustainable Energy Future
- 6 December 2023
In a monumental shift towards environmental responsibility, Cambodia has chosen to forgo the construction of a US$1.5 billion 700MW coal-fired power project in a protected reserve along the southwestern coast. Instead, the nation is set to embrace a cleaner future by establishing an 800MW natural gas-fired plant, revealed HE Keo Rottanak Minister of Mines and Energy in an announcement to Reuters o...
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Chinese Police Initiates Probe into Zhongzhi Bankruptcy with US$60m Debt
- 5 December 2023
In a significant turn of events, Beijing police have officially launched an investigation into Zhongzhi, a colossal financial conglomerate, following its recent descent into debt and subsequent bankruptcy. This is according to the publication of Hong Kong media The Standard published on 26 November 2023. Despite its low profile, Zhongzhi has played a pivotal role in the financial landscape, att...
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USAID Pledges US$24M to Propel Biodiversity and Conservation Initiatives in Cambodia
- 5 December 2023
USAID unveils a groundbreaking five-year project, injecting US$24 million into safeguarding biodiversity and natural resources while enhancing the well-being of Cambodian communities. The official announcement was made through a USAID press release on December 4, 2023. Through the "USAID Conservation" project, the focus is on empowering communities to spearhead initiatives that create local emp...
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Gov’t Designates Four Areas as Techo Historical Heritage for Cultural &Tourism Development
- 4 December 2023
The Cambodian government has officially designated four areas, collectively known as the Techo Historical Heritage Area, in Sub-Decree No. 155 dated 11 July 2023. These areas encompass the Military Historical Area within the 3rd, 4th, and 5th Military Zones, along with the Anlong Veng Historical Area. The primary objective behind this designation is to ensure the protection of natural environme...
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US Commits US$4m Over Two Decades to Phnom Bakheng Temple Restoration
- 4 December 2023
Embarking on a steadfast commitment to cultural preservation, the United States Ambassadors Fund for Cultural Preservation (AFCP) has, since 2004, extended unwavering support to the World Temple Fund (WMF) for the restoration of Cambodia's iconic Phnom Bakheng temple. Since 2004, eight grants amounting to a commendable US$4 million have been allocated for conservation endeavors, with the latest gr...
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Cambodia Unveils Strategic Tax Incentives Propelling Economic Growth Across Key Sectors
- 4 December 2023
The Cambodian government has rolled out a series of tax incentives, particularly in the real estate sector, showcasing a commitment to fostering business resilience and invigorating the national economy amidst the COVID-19 pandemic. The real estate industry, a pivotal driver of Cambodia's economic recovery, enjoys exemptions from property tax in selected areas, coupled with a waiver on transfer...
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Ambitious Reusable iSpace Chinese Rocket Test Successfully Launched
- 3 December 2023
China's leading private space company, Beijing Interstellar Glory Space Technology Ltd., commonly known as iSpace, achieved a milestone on 2 November 2023 according to Space News. The company successfully launched and safely landed a test article known as the Hyperbola-2Y single-stage hopper at the Jiuquan Satellite Launch Centre, a significant step towards China's ambition to develop a reusable m...
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Angkor Wat Rakes in Over US$32 Million in Ticket Sales in 11 Months Amidst Surging Tourist Numbers
- 2 December 2023
In a spectacular achievement for Cambodia, the first 11 months of 2023 witnessed an impressive revenue of US$32,546,847 from the sale of Angkor tickets to nearly 700,000 foreign tourists. Revealed in a recent report by the Angkor Institute on 1 December 2023, this remarkable figure signifies a remarkable surge of 261.12% compared to the same period in 2022. November 2023 alone saw the Angkor In...
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