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ខ្មែរ 
Cambodia’s Construction Material Imports Reach US$921 Million in H1
- 5 October 2023
In the first half of this year, Cambodia imported construction materials worth an impressive US$921 million, signalling a robust market for development, according to a dynamic report from the Ministry of Economy and Finance revealing that 1,849 construction permits have been approved. While this figure reflects a 6.3% decrease from the same period in the previous year, other statistics tell a c...
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Boonyoung Group’s Generosity Extends: 10 Buses Gifted to Koh Kong Provincial Administration
- 4 October 2023
Korea's Boonyoung Group continues its benevolent outreach, now extending a helping hand to the Koh Kong Provincial Administration. In a generous gesture, they have donated 10 passenger buses, each seating 20 individuals. The initial phase includes the delivery of five buses, a contribution that promises to enhance local mobility and access. This philanthropic initiative was publicly acknowledged b...
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Angkor Wat Attracts Record Revenue of US$24m in First Nine Months of 2023
- 4 October 2023
In a remarkable testament to Cambodia's enduring appeal as a tourist destination, the iconic Angkor Wat temple complex has generated an impressive US$24,955,397 in revenue during the first nine months of 2023. This revenue was derived from ticket sales to the Angkor complex, drawing the admiration of 539,561 foreign tourists. The surge reflects a remarkable 365.42% increase compared to the same pe...
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MoE Initiates Water Purifier Installations in Communities & Schools to Combat Plastic Waste
- 4 October 2023
In an effort to combat the pervasive issue of plastic waste, Cambodia's Ministry of Environment is embarking on an ambitious plan to install water purifiers in communities and schools across the nation. This eco-conscious initiative was announced by HE Eang Sophalleth, Minister of Environment, during a pivotal meeting on 22 September 2023, with Ms. Meloney Lindberg, Country Representative of the A...
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Cambodia Welcomes US$11.3m Investment for Two New Factories in Kampong Speu & Svay Rieng
- 3 October 2023
The Council for the Development of Cambodia (CDC) has given the green light to two companies set to invest a total of US$11.3 million in establishing two factories. These ventures are expected to generate a total of 1,289 job opportunities, benefitting residents of Svay Rieng and Sihanoukville. The CDC announcement on 28 September 2023, highlighted these forthcoming industrial endeavours. The f...
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US$ 19m Siem Reap Referral Hospital 100% Completed: A New Dawn in Healthcare Beckons
- 3 October 2023
The brand-new Siem Reap Referral Hospital's surgical service center, with an investment of US$19 million, has reached its pinnacle of development with 100 percent complete and is scheduled to be officially inaugurated soon. This state-of-the-art healthcare facility, realized through generous grants from the Japanese government, is poised to revolutionize healthcare services in the province. The...
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Cambodian Banks and Microfinance Inject $57 Billion in Loans into the Economy in H1 2023
- 3 October 2023
During the first half of 2023, Cambodia witnessed a remarkable surge in financial support to the economic sector. Banks and microfinance institutions disbursed an impressive sum of $57.8 billion (equivalent to 238.7 trillion riels), signifying an impressive year-on-year increase of 10.5%. This financial injection has been instrumental in driving various sectors of the economy. These substantial...
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Cambodia-Thailand Trade Reaches US$2.58b in the First Eight Months of 2023
- 2 October 2023
In the initial eight months of 2023, the bilateral trade volume between Cambodia and Thailand amounted to a significant $2.58 billion, as disclosed in a report by the General Department of Customs and Excise. While this figure represents a 19.9% decline compared to the same period last year, it sheds light on the enduring economic collaboration between the two nations. Cambodia's exports to Tha...
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Uncertainty Surrounds Implementation Timeline for 20% Capital Gains Tax in Cambodia
- 2 October 2023
Cambodian Prime Minister, Samdech Hun Manet, has affirmed that the government has yet to establish a definitive timeline for the implementation or adjustment of the capital gains tax in 2024. This revelation, as conveyed by PM Hun Manet on 27 September 2023, has brought some respite for those monitoring this fiscal development. PM Hun Manet further elaborated that in light of the new government...
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Okhna Mong Reththy to Build 10km Trunk Road Project for Agro-Tourism Resort in Kampong Speu
- 2 October 2023
Okhna Mong Reththy has unveiled plans for a 10-kilometre trunk road within the Mong Reththy Sen Chey agro-tourism development resort. This visionary project is poised to draw national and international tourists, as announced on Mong Reththy’s official Facebook page on 29 September 2023. The proposed lorry road will stretch for a total of 10,000 metres (equivalent to 10 kilometres), with the roa...
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Chinese State-Backed Investors Inject US$7 Billion into YMTC to Propel Local Chip Component Production While US Moves to Produce in Vietnam
- 1 October 2023
In response to mounting geopolitical tensions and US trade restrictions, Yangtze Memory Technologies Corp (YMTC), China's premier memory chip manufacturer, is taking significant steps to bolster its domestic supply chain. The company received a substantial US$7 billion capital infusion from state-backed investors, including the Big Fund, earlier this year, according to SCMP on 30 September 2023. ...
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Civil infrastructure geoprofessionals are ready to adopt the cloud
- 1 October 2023
The report highlights time-consuming data management practices, with data residing in disparate “‘silos’” CHRISTCHURCH, NEW ZEALAND, July 19, 2023 – Seequent, The Bentley Subsurface Company, today announced the findings of its latest Geoprofessionals Data Management Report, which looks at the trends, challenges, and opportunities in geoscience data. Jo Knight, Chief Customer Officer, Seequen...
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