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ខ្មែរ 
CGCC to Lend Over US$100m to More Than 10K businesses by February 2023
- 15 March 2023
The Credit Guarantee Corporation of Cambodia (CGCC) announced on 10 March 2023 that it had provided credit guarantees to 1,155 companies with a loan amount of around US$104.9m by the end of February 2023. This marks an increase of US$15.9m from the previous year's loan amount of US$89m. Of the 1,155 businesses, 81 were large companies, while 1,074 were small and medium-sized enterprises. Among ...
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Gov’t Drafts Law to Boost Inland Shipping Competitiveness
- 15 March 2023
The Ministry of Public Works and Transport is working on a draft law to promote inland waterways and ports, to boost the competitiveness of Cambodia's ports with other regional and international players. HE Sun Chanthol, Minister of Public Works and Transport, instructed the technical working group to refine the draft law during a meeting on 13 March 2023, to ensure the development of the wat...
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Cambodia Seeks China’s Assistance to Build Five Roads for New Economic Pole Development
- 14 March 2023
Cambodian Prime Minister Hun Sen has requested China's assistance in constructing five crucial roads in the northwestern and western provinces of Cambodia to hasten the establishment of the fourth economic pole. The pole is expected to cover four provinces, namely Pursat, Battambang, Banteay Meanchey, and Pailin. During a meeting with people in the Stung Pursat 1 Dam area on 14 March, Hun Sen...
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Cambodia Eyes Boost in Chinese Tourist Arrivals through Kunming-Vientiane Railway
- 14 March 2023
Cambodia is aiming to attract more Chinese tourists through the Kunming-Vientiane high-speed railway, in a bid to revive its tourism sector. The affordable fee for train services and the cooperation on travel policies, including the permit for tourists to drive across Cambodia-Lao borders, are expected to increase the reciprocal flow of tourists. Minister of Tourism, HE Thong Khon, stated tha...
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Gov’t Pushes for Renewable Energy Investment to Meet Growing Demand
- 14 March 2023
Cambodia's Prime Minister, Samdech Hun Sen, has emphasised the importance of investing in renewable energy to meet Cambodia's growing electricity demand. Speaking at a get-together with people on 14 March in Veal Veng district, Pursat province, Samdech Hun Sen highlighted that electricity is not only a necessity of daily consumption but also a major industrial demand for Cambodia's economic g...
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New Economic Pole to Help Strengthen Cambodia-Thailand Border Trade Partners
- 14 March 2023
Cambodia has revealed its plans to create a fourth economic pole along the Cambodian-Thai border, aiming to boost economic growth and trade in the agricultural sector. The announcement was made by the Minister of Agriculture, Forestry and Fisheries, HE Minister Dit Tina, during a meeting with HE Cherdkiat Atthakor, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand, on 10 Marc...
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Gov’t Invests US$1.34 Billion in Loans, 64% to Infrastructure in 2022
- 14 March 2023
The Cambodian government withdrew US$1.34 billion from concessional loans in 2022, with 64% of the amount being utilised for infrastructure development, according to the Cambodian Public Debt Statistics Bulletin. The funds were allocated to various infrastructure sectors; US$446 million for transportation, US$105 million for energy, US$138 million for irrigation and US$68 million for water su...
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Borey Peng Huoth Offers Lucrative Promotion for Customers to Achieve Their Dream Home
- 13 March 2023
Borey Peng Huoth, a leading real estate developer in Cambodia, has launched a new promotion in March 2023, offering customers a convenient payment policy that could save up to 8% instantly. Customers can also opt to pay by instalment with partner banks, with an attractive interest rate starting from 4.69%. As the demand for luxurious and modern living spaces continues to grow in Cambodia, Borey...
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Chinese Shoe Factory to Relocate from Myanmar to Cambodia, Citing Political Stability and Investment Incentives
- 13 March 2023
Alvin Su, a Chinese footwear company, has announced its decision to relocate its shoe factory from Myanmar to Cambodia due to the ongoing political crisis in Myanmar, according to a meeting between the Ministry of Labour and the Board of Directors of the shoe company Alvin Sukali on 13 March 2023. "The main reason for returning to invest in Cambodia is because Cambodia has peace, political st...
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Siem Reap Takes Serious Action Against Air Pollution with New Measures
- 13 March 2023
Siem Reap provincial authorities have implemented a series of measures aimed at reducing air pollution in the area. In a recent instruction dated 7 March 2023, the province has set out specific steps to prevent and control air pollution in the region. Among the measures included in the instruction are: Measures to prevent forest fires, grassland fires, garbage incineration, and solid was...
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MOI Instructs Phnom Penh Authority to Regulate Parking Lots and Stop Construction on Public Land
- 13 March 2023
HE Sar Kheng, Deputy Prime Minister and Minister of the Ministry of Interior, has instructed the Phnom Penh Capital Administration to organise public parking lots in various locations and prevent illegal construction and business activities on public or roadside land. This instruction was given during the closing ceremony of the Phnom Penh Capital Administration's 2022 Performance meeting on 10 Ma...
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Vietnam Invests Nearly US$76m to Connect Quang Nam Province to Cambodia, Laos, and Thailand
- 13 March 2023
Vietnam is set to invest over US$75.8 million to construct a 90km road upgrade project connecting Quang Nam province to the Central Highlands region and neighbouring countries: Lao, Cambodia and Thailand. The project, which was launched by the transport ministry and provincial People’s Committee, will renovate 74km of NR14E from 2021 to 2025, with the rest of the route connected to NR1 and the...
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