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ខ្មែរ 
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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Cambodia Receives US$43m Boost from AIIB to Expand Cross-Border Animal Trade
- 30 September 2023
The Cambodian government and the Asian Infrastructure Investment Bank (AIIB) have solidified their commitment to fostering cross-border animal trade and elevating the animal value chain infrastructure in Cambodia. This strategic partnership is marked by a co-financing agreement worth US$43 million, aimed at catalysing sustainable growth and development. The agreement was formally inked during t...
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Infrastructure Projects in India, South Korea, and Southeast Asia Named as Finalists in Bentley Systems’ 2023 Going Digital Awards in Infrastructure
- 30 September 2023
Winners to Be Selected and Announced on Oct. 12 as Part of Bentley’s Year in Infrastructure and Going Digital Awards EXTON, Pa. – Sept. 27, 2023 – Bentley Systems, Incorporated, the infrastructure engineering software company, has announced several projects from India, South Korea, and Southeast Asia as finalists in Bentley’s 2023 Going Digital Awards in Infrastructure. The annual awards progra...
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Cambodia & Thailand Pledge Joint Efforts to Boost Cross-Border Trade, Aiming for US$15bn by 2025
- 29 September 2023
In a harmonious display of regional cooperation, Cambodia and Thailand have joined forces to tackle cross-border trade challenges with the ambitious goal of reaching a staggering US$15 billion in trade volume by 2025. This commitment underscores their shared dedication to advancing mutual prosperity and peace, as declared in a press release from the Ministry of Foreign Affairs and International Co...
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Thai PM Pledges Swift Establishment of Cambodian Consulate General in Songkhla for Enhanced Worker Support
- 29 September 2023
In a significant step towards strengthening bilateral relations, the Thai government has committed to expediting the establishment of a Cambodian Consulate General in Songkhla. This move aims to facilitate Cambodian workers residing and labouring in the southern regions of Thailand. This announcement comes via a press release from the Ministry of Foreign Affairs and International Cooperation. W...
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GGear Unveils LG Electronics’ Cutting-Edge Products Redefining Cambodia’s Tech Landscape
- 29 September 2023
In a resounding testament to Cambodia's ever-evolving tech landscape, GGear Group has unveiled LG Electronics' 2023 and 2024 product lineup. These innovative designs and cutting-edge technologies were showcased during an event aimed at business partners hailing from the areas surrounding Phnom Penh. The LG products introduced to the Cambodian market this year place a robust emphasis on smart te...
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Cambodia Prepares Groundbreaking Legislation to Foster Public-Private Ventures
- 29 September 2023
The Ministry of Economy and Finance is actively crafting a new law pertaining to the management of public enterprises and state-owned entities. This legislation encompasses a wide spectrum of business endeavours and public-private investments, marking a pivotal step in Cambodia's economic evolution. The ministry unveiled the initiative during a consultation workshop held on 21 September 2023. H...
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ADB Commits US$140M to Bolster Industrial Skills & Public Service Decentralisation in Cambodia
- 28 September 2023
The Asian Development Bank (ADB) has reaffirmed its commitment to Cambodia's development with a substantial US$140 million loan agreement, signifying a pivotal step in enhancing the nation's industrial skills and streamlining public services. This agreement, inked on 26 September 2023, by HE Dr. Aun Porn Moniroth, Cambodia's Deputy Prime Minister and Minister of Economy and Finance, and HE Jyotsan...
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New Port Facility in Koh Kong Province Inaugurated & Initially Tested
- 28 September 2023
In a significant stride toward bolstering both tourism and international trade, the inauguration of the Koh Kong Port in Koh Kong province marked a pivotal moment in Cambodia's coastal development. This grand ceremony, presided over by Mrs. I Neari Net, Deputy Governor of Koh Kong Province, on 25 September 2023, signified the opening of new avenues for transportation and trade along the coast. ...
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