Giant Tech-Companies Rushing to Install AI Technology Centres & Cloud Storage Stations in Malaysia, Indonesia, Singapore & Thailand
Google announced on 22 May 2024 that it will invest US$2 billion in Malaysia to develop its first data centre and Google Cloud station in the country, marking a significant expansion into Southeast Asia. This investment aims to bolster Malaysia’s digital ambitions by leveraging artificial intelligence (AI) and advanced technologies to elevate local industries within […]
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ADB Commits US$1.26bn to Support Cambodia’s Sustainable Development
The Asian Development Bank (ADB) has unveiled its latest country partnership strategy for Cambodia, committing approximately US$1.26 billion to support the nation’s sustainable development and economic growth. This announcement was made during the inauguration of ADB’s new office on 12 June 2024, presided over by Deputy Prime Minister and Minister of Economy and Finance HE […]
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Phnom Nam Lear & Phnom Kulen to Become Geographical Heritage Conservation Areas
The Ministry of Environment has announced plans to transform Phnom Kulen and Phnom Nam Lear into Geo-Parks, aiming to preserve the earth’s geographical heritage. Concurrently, a three-hectare regional nursery project in Phnom Kulen has been completed. This development was confirmed by Mr. Eang Sophalleth, Minister of Environment, during a meeting with Prof. Dr. Watanabe Koichiro, […]
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Dubai Issues Golden Visa: A Luxury House Costs US$24m, Still Cheap for Chinese Buyers
Dubai’s Booming Market and Golden Visa Scheme Lure Investors from Mainland China and Hong Kong Fuelled by a thriving real estate market and a fast-track residency program, Dubai is rapidly becoming a top destination for property investors from mainland China and Hong Kong, according to industry experts. This shift in investor focus comes after years […]
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Banteay Meanchey’s Irrigation Project Achieves Over 45% Completion
The ambitious irrigation development project aimed at mitigating flood disasters in Banteay Meanchey province has reached a significant milestone, achieving 45.07% completion. This progress was confirmed by Mr Ponh Sach, Secretary of State of the Ministry of Water Resources and Meteorology, during a project inspection on 8 June 2024. In an interview with PM Hun […]
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Gov’t Confiscates Nearly 30,000 Hectares of Illegally Occupied Land in Stung Treng
The Department of Agriculture, Forestry, and Fisheries of Stung Treng Province has announced the confiscation of 28,872.477 hectares of land illegally encroached upon by various individuals. Occupants have been instructed to dismantle their structures and vacate the land by 30 June 2024. This directive follows measures to prevent and reclaim illegally occupied land, as detailed […]
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East Asian Powers Renew FTA, But Expert Asks ‘Will Xi Jinping Seal the Deal?’
Japan, South Korea, and China have revived efforts to strengthen commercial ties, seeking progress on stalled free trade agreement (FTA) negotiations during their first joint summit in over four years. The summit, held in Seoul early this week, marks a significant step in bolstering economic cooperation between the three nations. This information was published by […]
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PM Announces Plan to Build Coastal Cycling Path from Kep to Koh Kong
The Cambodian government has unveiled plans to construct a cycling path along the coastline from Kep to Koh Kong. This initiative was announced by PM Samdech Hun Manet during the inauguration ceremony of the Kampot Multi-Purpose Port on 6 June 2024. HE Say Sam Al highlighted the initiative, aiming to provide a scenic cycling route […]
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Preventing Landslides: Phnom Penh-Sihanoukville Expressway Undergoes Repairs at Four Key Locations
The Expressway Management Company has announced urgent repairs on the Phnom Penh-Sihanoukville Expressway at four critical locations to prevent landslides due to flooding during the rainy season. This initiative aims to ensure road safety and prevent potential accidents. The announcement was made on the official Facebook page of the Phnom Penh-Sihanoukville Expressway on 10 June […]
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Smart Bins for Siem Reap Smart City Project: Authority Trials IoT Waste Management System
The Siem Reap Provincial Administration has embarked on a pioneering Smart City project by introducing an Internet of Things (IoT) waste management system in the Slor Kram district. This initiative announced on the official Facebook page of the provincial administration on 5 June 2024, aims to enhance waste collection efficiency through the innovative use of […]
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PM Announces No More Casino Licenses in Central Kampot & Kep, With Few Exceptions, Except…
Samdech PM Hun Manet declared that no additional casino licenses will be issued for the central areas of Kampot and Kep, with few exceptions, on 6 June 2024, during the inauguration of the first phase of the Kampot Multi-Purpose Port Development Project. (Read more) The PM emphasised that, “From now on, we will not issue […]
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Cambodia Sees Over 30% Increase in Steel Imports in Early 2024
In the first four months of 2024, Cambodia imported iron and steel worth approximately US$168 million, marking a significant 30.6% increase from the US$129 million recorded during the same period in 2023. This data was reported by the General Department of Customs and Excise on 21 May 2024. The increase in imports extends beyond iron […]
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