Cambodia and Vietnam Forge Closer Tourism Ties with Feasibility Study to Connect Phu Quoc and Key Cambodian Destinations

In a landmark development for regional tourism, Cambodia and Vietnam have embarked on a joint feasibility study to establish connectivity between the idyllic island of Phu Quoc (or Koh Tral) and two prominent tourist destinations in Cambodia. This significant agreement was formalized through the signing of a Memorandum of Understanding between the Ministry of Tourism of Cambodia and the Ministry o...

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Groundbreaking Ceremony Marks Commencement of US$138 Million Tire Factory Construction in Kratie

In a momentous occasion for the industrial landscape of Kratie province, the construction of NEWBUSTAR (Cambodia) Tire Co., Ltd's state-of-the-art car tire factory, with a staggering investment of US$138 million, officially commenced on 9th May 2023. The auspicious groundbreaking ceremony, graced by the presence of HE Wat Thorn, the esteemed Governor of Kratie Province, and Mr. Chhay Yon Son, P...

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Cambodia Extends Support to Timor-Leste’s Agricultural Sector through Land Inspection by Expert Team

In a significant demonstration of solidarity and cooperation, the Cambodian government has pledged its support to Timor-Leste's agricultural sector by dispatching a team of agricultural experts to assess the land conditions. The decision was announced during a meeting between Prime Minister Hun Sen and HE Kairala Sananagos Mao, former President of Timor-Leste and the current Prime Minister of Timo...

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Dyson Unveils Ambitious US$3.4 Billion Project with Launch of Cutting-Edge Battery Plant in Singapore

In a groundbreaking move to enhance its engineering and manufacturing capabilities, renowned British technology firm Dyson has announced the opening of a state-of-the-art proprietary battery plant in Singapore. The news, as reported by CNA on 3rd May 2023, highlights Dyson's commitment to innovation and solidifies its position as a global leader in the industry. The upcoming battery plant, stra...

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Bak Kheng Water Treatment Plant Nears Completion: Phase I Accomplished, Phase II Progresses

Significant strides have been made in the construction of the Bak Kheng Water Treatment Plant, with Phase I reaching an impressive completion rate of 100%, while Phase II stands at an impressive 70% progress. The esteemed Phnom Penh Water Supply Authority has announced the successful conclusion of Phase I construction for the Bak Kheng Water Treatment Plant. With a remarkable daily production c...

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Darasakor International Port, inaugurate in this year, Set to Transform Koh Kong’s Maritime Landscape

Amidst great anticipation, the inauguration of an internationally acclaimed seaport in Koh Kong province is fast approaching, with plans to commence operations in the middle of this year. The private-owned port, built to impeccable global standards, is set to revolutionize maritime activities in the region, bolstering trade and commerce. Led by Deputy Governor of Koh Kong Province, I Narynet, a...

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Quanta, Apple’s Manufacturing Partner, Invests $120 Million in State-of-the-Art Plant in Vietnam

Renowned Taiwanese contract manufacturer, Quanta, responsible for producing MacBooks for tech giant Apple, has recently entered into an agreement with Vietnamese authorities to construct a remarkable factory worth $120 million. The primary purpose of this state-of-the-art facility will be to supply crucial components to Apple's diverse product lineup. Situated within the expansive 22.5-hectare ...

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Gov’t Greenlights Two Thriving Investment Projects Worth US$10.14 M, Boosting Economic Growth

The Investment Committee of Cambodia, under the esteemed Council for the Development of Cambodia (CDC), has unveiled its endorsement of two promising investment ventures, totaling an impressive sum of over US$10.14 million. These ventures will usher in the establishment of factories in the vibrant provinces of Kampong Speu and Phnom Penh, as officially announced by the CDC on May 5, 2023. The f...

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Exquisite US$2 Million Motorhome Redefines Luxury Travel with 5-Star Hotel Experience

A Paradigm Shift in Mobile Luxury: Unveiling the US$2M Motorhome Designed as a 5-Star Hotel In the realm of mobile opulence, a remarkable creation has taken the luxury travel scene by storm. At first glance, it may resemble an ordinary vehicle, but this exceptional motorhome, priced at a staggering US$1.7 million, transcends all expectations with the allure of a five-star hotel, encapsulating t...

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China Secures Global Dominance with Unmatched Number of Nuclear Power Units Under Construction

China's unwavering commitment to nuclear power has propelled it to the forefront of global energy leadership, as confirmed by the latest blue book issued by the China Nuclear Energy Association (CNEA) on Wednesday. The report reveals that China currently leads the world with an impressive 24 nuclear power units under construction, boasting a staggering total installed capacity of 26.81 million ...

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Massive Infrastructure Investments, at Least US$13.8b, Crucial for Asia’s Economic Growth, Asian Development Bank Urges

The Asian and Pacific region is standing at a critical juncture, as the Asian Development Bank (ADB) emphasizes the urgent need for substantial infrastructure investments to sustain economic growth, alleviate poverty, and combat climate change. A recent report released by the ADB on April 02, 2023, reveals that an estimated investment of $13.8 trillion or $1.7 trillion annually from 2023 to 2030 i...

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Chinese Firm Granted Approval to Build State-of-the-Art Multi-Purpose Port in Kampot Province

Kampot province is set to witness the development of a cutting-edge multi-purpose port as China Harbour Engineering Company Ltd (CHEC), a renowned Chinese firm, has been granted permission to construct the Kampot multi-purpose port. Following a year of meticulous soil analysis and infrastructure preparation, the signing ceremony of the construction contract took place on May 5 under the auspices o...

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