Tycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong
The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from […]
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Exceptional Opportunity! Own a Home in Borey Peng Huoth & Enjoy Exclusive Discounts with Immediate Move-In
Borey Peng Huoth offers an exclusive opportunity for homebuyers to move into ready-to-occupy houses while benefiting from unmatched deals and promotions. Buyers can now enjoy up to 10% discounts, flexible payment terms, and interest-free instalments. The promotion includes exciting prizes like an Airport Pro headset, an Apple Watch Series 9, and a family-style Brazilian buffet […]
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Cambodia Allocates Over USD 62m for Three New Buildings at Calmette Hospital to Boost Healthcare Capacity
Cambodia has committed over USD 62 million to construct three new buildings at Calmette Hospital in Phnom Penh, reinforcing the nation’s healthcare infrastructure. The groundbreaking ceremony for the project was presided over by PM Samdech Hun Manet on 16 September 2024. The project, which includes a 25-storey main building, a parking facility, and the Cyclotron […]
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Large-Scale Drainage Project on Phnom Penh’s NR 4 Surpasses Schedule by 11%
The construction of a major drainage system along NR 4 in Phnom Penh has achieved an 11% faster progress rate, reaching a completed length of 624 metres. The project, which is part of a broader effort to modernize the city’s sewer infrastructure, aims to improve flood prevention and sanitation across key districts. This update was […]
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Bentley Systems Acquires 3D Geospatial Company Cesium
EXTON, PA — September 6, 2024 — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium […]
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Germany Provides USD 3.12m for Cambodia’s Demining Operations in Two Provinces
Germany has granted USD 3.12 million to support Cambodia’s demining operations in Banteay Meanchey and Oddar Meanchey provinces. The funds, allocated through the Norwegian People’s Aid (NPA), were announced during a meeting on 4 September 2024 between HE Heng Ratana, head of CMAC, and Mr Hans Risser, NPA President in Cambodia. The grant, covering a […]
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Cambodia’s Cashew Sector Flourishes with Over 580k Hectares of Plantations and 839k tons, a 36% increase, in 2024
Cambodia’s cashew industry has reached new heights, with more than 580,000 hectares of cashew plantations nationwide, yielding an average of 1.5 tons per hectare. This key development was highlighted by PM Samdech Hun Manet, who announced on 12 September 2024 that cashew farming is one of Cambodia’s strategic agricultural sectors. During the first seven months […]
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Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic […]
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Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia
China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024 between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]
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GGear Group Joins Forces with LG Electronics to Bring State-of-the-Art Smart Homes Technology to Cambodia
GGear Group has officially partnered with LG Electronics to introduce advanced LG ThinQ technology in Cambodia, showcasing the latest innovations in smart home solutions. The collaboration was highlighted during LG ThinQ Day, where LG’s newest smart home products and features were presented, transforming how Cambodians will interact with technology at home. The LG ThinQ App […]
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South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector
Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of […]
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Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
Shan Cun Group, one of China’s largest agricultural investors, has revealed plans to explore significant investments in Cambodia’s agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, […]
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