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ខ្មែរ 
US retailer Walmart mulls expanding business in Cambodia
- 6 January 2023
Walmart, a well-known retail company in the United States, is looking to expand its business in Cambodia. Walmart Representative Anbinh Phan mentioned the company's plan in a virtual meeting with HE Pan Sorasak, Minister of Commerce on 5 January 2023. In the meeting, she said that Walmart intends to expand its business and cooperate to strengthen business and investment partnerships in Cambo...
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SME Bank Provides Over US$41m in Loans to 291 Tourism Businesses
- 6 January 2023
As of December 2022, the Small and Medium Enterprise Bank of Cambodia (SME Bank) has provided US$41.52 million in loan to 291 tourism businesses, according to the bank's announcement on 3 January 2023. The loan is part of the Tourism Restoration and Growth Sector (TRCS) co-financing project with a total budget of about US$150 million. Of these, 26% were in the hotel business, 28% in the gu...
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CDC Approves Three Projects Worth US$16m in Kampong Speu
- 6 January 2023
The Council for the Development of Cambodia (CDC) has given permits to three private firms to invest US$16 million to establish three factories in Kampong Speu province. These private companies include: The first firm is “WINDARA INTERNATIONAL CO., LTD” which will invest US$5.4 million to establish a backpack factory for sleeping bags, tents, garments, and bedding, located in Building C, L...
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Kandal Authority Gives Closure Warning to Non-Standard Ferries
- 5 January 2023
The Kandal Provincial Administration has warned any ferry businesses that they will be shut down if they do not properly implement the safety principles, according to an official meeting on 5 January. Mr Chi Sivutha, Director of Administration of Kandal Provincial Hall, said that the provincial administration had to immediately stop the usage of rudder boats and replace them with steel boats o...
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Gov’t Establishes 15 New villages in Pursat Province
- 5 January 2023
The Ministry of Interior has established 15 new villages in several districts in Pursat province, according to Prakas No. 7406 dated 29 December 2022. These 15 villages include: -Bor Vong village in Sangkat Chamroeun Phal -Phteah Prey village, Sampov Meas village, Chamkar Chek village in Sangkat Phteah Prey -Thmey Beidom village, O Trav village, Chheu Teal Rong village in Sangkat ...
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Gov’t Revises Development Plan on Koh Puos
- 5 January 2023
The Council for the Development of Cambodia (CDC) and the Sihanoukville Provincial Administration are revising the development plan for Koh Puos, an island near the mainland of Sihanoukville. According to Sihanoukville Deputy Governor HE Long Dimanche on 4 January, the revision of the masterplan will turn Koh Puos into a standardised international tourist destination. The Cambodian governm...
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HALO Trust Cambodia Accomplishes 3,000 ha of Demining
- 5 January 2023
In 2022, the HALO Trust Cambodia team accomplished mine clearance on over 3,000 hectares of land across Cambodia, according to the organisation's announcement on 31 December. HALO Trust has also destroyed 18,127 anti-personnel mines, 66 anti-vehicle mines, and over 28,000 explosive remnants of war. Recently, the Cambodian government announced that Tbong Khmum province will be the last prov...
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Gov’t Provides US$89 million in Loans to SMEs as of 2022
- 4 January 2023
As of 31 December 2022, the Credit Guarantee Corporation of Cambodia (CGCC) has provided approximately US$89 million in loans, mostly non-collateralised loans, to businesses, especially small and medium enterprises. According to a press release from CGCC on 3 January, the loan is provided under the BRGS scheme to provide credit to support businesses, both SMEs and large enterprises, to increas...
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NR5 Prek Kdam-Thlear Maam Section Opened for Traffic
- 4 January 2023
The newly-renovated NR No. 5 (Prek Kdam-Thlear Maam section) has been opened for traffic on both sides, according to a press release from the Department of Public Works and Transport of Kampong Chhnang Province on 2 January. In the meantime, the NR5 section between Kampong Chhnang city from km 74 + 000 to km 115 + 000 in Rolea Bier and Boribo districts in Kampong Chhnang province has also been...
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Cambodia Builds ASEAN’s Tallest Buddha Statue
- 4 January 2023
Construction of the ASEAN's tallest Buddha statue worth over US$30 million officially started in Cambodia's Kampot province. The ground-breaking ceremony for the statue was presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction on 4 January 2023. This project will be built in the area of 500 rice fields on the ridge of Bokor...
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Thailand to Help Set Up Modern Irrigation System in Cambodia
- 4 January 2023
Experts from Thailand have shared know-how knowledge on setting up a modern and effective irrigation system with Cambodian officials and promised to help Cambodia implement the project. The matter was on the table for discussion during a 5-day trip of Cambodia's Ministry of Water Resources and Meteorology officials to Thailand on 19-23 December under a program called the National Irrigation St...
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CDC Approves 10 Projects Worth US$48.7 million in December 2022
- 3 January 2023
In December 2022, the Council for the Development of Cambodia (CDC) approved 10 investment projects with a total value of US$48.7 million to establish 10 factories in Takeo, Kampong Cham, Sihanoukville, Kandal, and Phnom Penh. The first firm is QUAN MING SHUN (CAMBODIA) NEW MATERIALS CO., LTD which will invest US$6.6 million to establish a factory to produce plywood in the special economic zon...
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