Korea to Support Cambodia with Smart Water Management Technology Equipment in Phnom Penh
Well-known Korean company Greentech Inc. has shown strong cooperation to develop intelligent technology to manage the water supply sector as an initial first step with the Phnom Penh Water Supply Authority. The cooperation was discussed during a meeting between HE Cham Prasidh, Minister of Industry, and the delegation of Greentech Inc Korea on the project […]
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State to Establish 15 and Upgrade 7 Medical Facilities Nationwide
The Ministry of Health and Ministry of Interior has decided to establish 13 new health centres, 1 new referral hospital, 1 new health post, upgrade 2 referral hospitals and 5 health posts to be health centres throughout the country, according to the Inter-Ministerial Prakas No. 031 dated 26 July 2022. The 13 new health centres […]
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Cambodia, Korea Collaborate on Master Plan for Smart Transportation System in Cambodia
The Ministry of Public Works and Transport (MPWT) has partnered with the KRIHS Institute of the Republic of Korea to develop a master plan for an intelligent transportation system in Cambodia which started with the organization of a workshop at the Ministry of Public Works on 26-27 July 2022. The workshop was led by Mr. […]
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Asia’s Richest Woman Loses Half Her Wealth in China Property Crisis
Asia’s wealthiest woman lost more than half her fortune over the past year as China’s real estate sector was rocked by a cash crunch, a billionaire index showed on Thursday 28 July. Yang Huiyan is a Chinese-born billionaire businesswoman and property developer. She is the majority shareholder of Country Garden Holdings, a stake largely transferred […]
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Russey Keo District Authority Provides Lots in Preaek O Veng Development Area to Affected People on 28 July
The Russey Keo District Authority will provide lots in Preaek O Veng Development Area to people by lucky draw on 28 July, who are living along the railway track, affected by the construction of the new concrete road in Sangkat Kiloumaetr Lekh Prammuoy, Sangkat Russey Keo and Sangkat Tuol Sangke I, Russey Keo district, Phnom […]
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As of June 2022, Singapore Invests in 127 Projects Worth about US$1.53 Billion
As of June 2022, Singapore has invested in 127 major projects worth about US$1.53 billion in areas such as infrastructure, tourism, manufacturing, and other sectors, according to the workshop on Understanding Cambodia: Understanding Business Opportunities in Cambodia on 26 July 2022. Singaporean Ambassador to Cambodia HE Teo Lay Cheng said Singapore was among Cambodia’s five […]
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CDC Approves Two Major Projects Worth US$14.3million in Kampong Speu & Kandal Provinces
The Council for the Development of Cambodia (CDC) has approved private investment of US$14.3 million to build two factories in Kampong Speu and Kandal provinces. MILANNA LEATHERWARE M.F.Y (CAMBODIA) Co is investing US$9.2 million to establish a factory producing belts and bags in Krabei Tram village, Chung Ruk commune, Kong Pisey district, Kampong Speu province. […]
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Battambang Administration Urges Building Owners in Sangkat Svay Por to Demolish Immediately
The Battambang Municipal Administration has set deadlines for homeowners and owners of business buildings in Sangkat Svay Por to demolish immediately balconies and all kinds of billboards by 01 August 2022. According to the announcement of the administration on 25 July 2022, it is designed to organize the beauty and order in the heritage area […]
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Expert: Cambodia has Fastest Economic Growth in the World as GDP Grows 6.3% in 2022
Cambodia’s gross domestic product (GDP) will grow by 6.3% in 2022, which is one of the reasons why the country will become one of the fastest-growing economies in the world. This is according to Ivan Tan’s forecast and remarks on fibre2fashion on 25 July 2022. Cambodia’s GDP will expand by 6.3% this year, higher than […]
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MLMUPC approves 1,679 construction projects with an investment value of US$950 million in H1
The number of 1,679 construction projects received construction permits from the Ministry of Land Management, Urban Planning and Construction in the first half of 2022, down 150 projects compared to the same period last year. The report on socio-economic trends of the Ministry of Economy and Finance showed that the total project cost was US$952 […]
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MPTC Bans Signal Boosters Using in Boreys Affecting Mobile Services
The Ministry of Post and Telecommunications (MPTC) has banned the use of signal boosters and/or repeaters in boreys which have caused signal interferences and severely affected the quality of mobile services in the surrounding areas. According to the announcement on 26 July 2022, owners must dismantle, remove, and cease the use of these devices in […]
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KOICA to Support New National Paediatric Hospital Building worth US$16 Million
The Republic of Korea will provide US$16 million in aid to the National Paediatric Hospital to construct new infrastructures, purchase medical equipment, and build capacity for hospital staff, which will be conducted from 2022 to 2027. These projects were agreed upon via a Record of Discussion of the Strengthening Capacity of the National Paediatric Hospital […]
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