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ខ្មែរ 
Dara Sakor Int’l Airport to Redelay, Siem Reap Starts Flight Validation
- 13 May 2023
Siem Reap Angkor International Airport has started flight validation while Darasakor International Airport will be delayed opening once again due to some issues. According to H.E. Tek Reth Samrech, Minister Delegate to the Prime Minister, the Siem Reap Angkor International Airport has been testing its flight validation. Siem Reap Angkor International Airport will be officially opened in June...
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Strengthening Economic Ties: Indonesia Commits to Infrastructure Development in Cambodia
- 13 May 2023
Indonesia's President Joko Widodo has reaffirmed his nation's commitment to bolstering economic cooperation and contributing to infrastructure development in Cambodia. The Indonesian news agency ANTARA reported this significant announcement on May 10, 2023, highlighting the president's intention to strengthen ties between the two countries. During bilateral talks held on the sidelines of the 42...
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Preserving History: the 118yrs old Battambang Provincial Hall Transformed into a Captivating History Museum
- 13 May 2023
The iconic Battambang Provincial Hall, with its rich heritage spanning 118 years, has undergone a remarkable transformation into the Battambang Museum of History. The Ministry of Tourism's official Facebook page announced this exciting development on 11 May 2023, inviting visitors to delve into the captivating past of Battambang. Originally constructed in 1905 as the residence of the former pro...
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IMF Forecasts Strong Economic Growth in Cambodia’s Key Sectors for H2 2023
- 12 May 2023
The second half of 2023 is set to witness robust economic growth in Cambodia, driven by four key sectors, according to Mr. Davide Furceri, Chairman of the new IMF Mission. During a meeting with HE. Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 9 May 2023, Mr. Furceri highlighted the factors expected to propel Cambodia's economy forward. The projected econom...
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Myanmar Investors Eye Lucrative Real Estate Opportunities in Cambodia
- 12 May 2023
Myanmar investors are actively seeking investment opportunities in Cambodia's real estate sector and other key industries. During a recent meeting between the Association of Innovation and Development Investors (IDI) and ID Capital PLC (IDC) with Myanmar investors on 4 May 2023, the potential for economic collaboration between the two countries was explored. Under the chairmanship of Dr. Hor Se...
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Why Would a 10-Year Golden Visa for Investors Not Popular?
- 12 May 2023
Since its launch last year, Cambodia's 10-year golden visa, designed to entice foreign investors, has struggled to gain traction. Industry experts attribute this lukewarm response to the existence of easier and more cost-effective visa alternatives available to investors. Introduced on July 22, 2022, the long-term visa program is was created with the aim of attracting executives, professionals,...
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GGGI Collaborates to Develop Low-Carbon Transport Strategy for Cleaner Air in Siem Reap
- 12 May 2023
The Global Green Growth Institute (GGGI) has embarked on a collaborative endeavor to establish a roadmap for a low-carbon transportation strategy aimed at combating air pollution in Siem Reap. The project, launched on 5th April 2023 and supported by the French Development Agency (AFD), spans a duration of two years. An integral component of this initiative involves the preparation of an emissio...
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World Bank Commits $60 Million to Enhance Solid Waste and Plastics Management in Cambodia
- 11 May 2023
The World Bank Board of Executive Directors has granted approval for a significant $60 million credit from the International Development Association to support Cambodia in improving its solid waste and plastic management systems. This vital project will also receive co-financing of $3 million from the PROBLUE Trust Fund. In an official press release issued on 11th May, the World Bank highlighte...
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Kep Authorities Set to Construct New Cargo Port, With Completion of White Horse Port Nearing
- 11 May 2023
Kep provincial authorities have unveiled plans to embark on the construction of a state-of-the-art cargo port, valued at over US$ 1 million, while also nearing the completion of the White Horse Port, which is currently 70% finished. These significant developments were announced by HE Som Piseth, Governor of Kep Province, during a press conference highlighting the "Success in the past 5 years" of t...
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Urbanland Celebrates 10 Years of Success
- 11 May 2023
Urbanland, the home-grown development company known for its innovative and inspiring spaces, is celebrating its 10th anniversary this year. Since its inception in 2013, the company has successfully delivered a variety of award-winning projects, including Embassy Residences, Embassy Central, Raintree, Treeline Hotel, KMH Park, and K Mall. Though its iconic projects have become landmarks in P...
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Chinese Experts to Assess Potential for New Energy Power Plants in Sihanoukville and Koh Kong Provinces
- 11 May 2023
At the end of May 2023, a team of Chinese experts from the China Development Institute (CDI) will embark on a visit to Sihanoukville and Koh Kong provinces, with the aim of exploring opportunities for the construction of new energy power stations, focusing on solar and wind energy. This significant development was announced by Mr Ouk Pheaktra, Deputy Governor of Koh Kong Province, following his...
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TRCS Co-Financing Supports 346 Tourism Businesses with $53.46 Million
- 11 May 2023
A total of 346 tourism businesses have received $53.46 million in financing as part of the Tourism Restoration and Growth Sector (TRCS) co-financing project, as of 30th April 2023, according to the Small and Medium Enterprise Bank of Cambodia (SME Bank of Cambodia) on 5th May 2023, The funding disbursed accounts for US$ 53.46 million, or 35.64% of the total budget allocated for the TRCS project...
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