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ខ្មែរ 
Hong Kong’s famous floating restaurant sunk after bankruptcy
- 7 June 2022
A famous three-story floating restaurant on a lake in Hong Kong sunk after its owner went bankrupt. Floating for four decades on Aberdeen Harbor Lake, Jumbo Floating Restaurant has been under financial turmoil for more than two years, with the owner unable to continue operating. Classic Chinese style, the floating restaurant is not only a place to serve traditional Chinese food but also an a...
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NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
- 7 June 2022
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held on June 6 in the presence of H...
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Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
- 7 June 2022
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and Finance, and Cordula Rastogi, World Bank’s Se...
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Royal Government Creates Special Working Group to Study National Building Technical Regulations
- 4 June 2022
The royal government of Cambodia has created the National Council for Building Technical Regulations to study and develop effective and sustainable regulations in accordance with article 11 of the Law on Construction. Created by Sub-decree 103 dated 31 May 2022, the national council has 26 representatives of relevant ministries/institutions and the private sector as members, chaired by the Mini...
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GDT implements real estate surveys in provinces
- 3 June 2022
The General Department of Taxation is conducting a property survey in Siem Reap province after completing tax services to property owners in 14 districts of Phnom Penh and some provinces, including Kandal, Battambang and Banteay Meanchey. Real estate surveys are essential to gather information for the modernization of taxpayer services by paying taxes at partnered banks that have signed a memor...
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SIA to reopen Changi Airport lounges after completion of $50m upgrade
- 3 June 2022
Travellers with lounge access can now enjoy a more comfortable journey when passing through Changi Airport, another step towards normality for air travel. Singapore Airlines (SIA) said it would fully reopen its two lounges at Changi Airport Terminal 3 at 6 pm on Tuesday (May 31), following a $50 million upgrading project that started in 2019, The Straits Times reported on May 30. SIA said on...
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China-based Xiaomi starts smartphone production in Vietnam
- 3 June 2022
China-based Xiaomi has delivered the first batch of its made-in-Vietnam smartphones, for distribution to the local market and foreign markets –Thailand and Malaysia. The Chinese electronic giant announced Monday that its smartphones are made in Vietnam by DBG Technology, a subsidiary of Hong Kong's DBG Electronics Investment Limited, at a factory in northern Thai Nguyen Province. APPLE also ...
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Cambodia-World Bank is studying the details of toilet mud management in Siem Reap
- 2 June 2022
The Ministry of Public Works and Transport (MPWT), stakeholders, and experts of the World Bank (World Bank) on 01 January 2022 held a joint discussion to study the toilet waste management services in Siem Reap under the Water Supply and Sanitation Improvement Project (WASSIP). Mr Chao Sopheak, Project Director and Deputy Director-General of the General Department of Wastewater Treatment System,...
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SHV’s Third Large-Scale Water Treatment Plant 50% Complete
- 2 June 2022
As of today, the construction of the third large-scale water treatment in Sangkat 4 in Sihanoukville is 50% complete, according to Sihanoukville Provincial Administration on 02 June 2022. The construction has been divided into two phases: the first phase is field construction, which finishes before Khmer New Year in 2023. The second phase is the construction of the mechanical system, which w...
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Apple moves iPad production from China to Vietnam
- 2 June 2022
Apple has set up an iPad factory in Vietnam after its production line in China was affected by strict measures of Covid 19 in China, the company's largest manufacturing facility. With small-scale production in the early stages in Vietnam, the company said, setting up a factory in Vietnam would diversify the production chain, reducing dependence on China. The company is moving some iPad produ...
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Cambodia Expects More International Tourism Through Vietnam-Thailand Maritime Link
- 2 June 2022
The Ministry of Tourism has expressed expectations for an increase in international tourists by connecting shipping lanes from the border corridor with Vietnam and Thailand. This was stated by His Excellency Thong Khon, Minister of Tourism in a workshop on May 30. HE Thong Khon said that Cambodia also has cooperation to promote the movement of tourists in the coastal areas with neighboring coun...
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German Promises to Provide EUR30M in Loan Concession for Rural Energy Development II
- 2 June 2022
German has promised to provide EUR30 million (over US$31 million) in loan concession for Energy Efficiency in Rural Supply II Project. This is according to the signing ceremony of the cooperation financing agreement between the Royal Government of Cambodia and the Government of the Federal Republic of Germany on May 31, 2022. This loan will be applied to the strengthening of energy efficienc...
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