Singapore Airlines Achieves Nearly US$2 Billion Annual Profit Amid Surging Demand
Singapore Airlines has reported a remarkable annual profit of S$2.68 billion (US$1.99 billion) for the fiscal year, a significant rise from the S$2.16 billion recorded the previous year. This achievement underscores the airline’s robust performance and strategic market positioning, according to CAN on 15 May 2024. The surge in profits was primarily driven by increased […]
Read More
Benesch Pilots AI/ML and Digital Twin Technology to Streamline Traditional Pavement Assessment Workflows
Using Bentley’s iTwin Applications Facilitates Data-centricity, Industrializing Industry Pavement Management Practices Traditional pavement management practices and technology lack efficiency and comprehensiveness, failing to maximize asset Benesch initiated a research and development project, exploring the integration of artificial intelligence, machine learning, and digital twins for a more data-centric approach to pavement crack detection workflows. Leveraging iTwin® […]
Read More
Special Borey Peng Huoth’s Mid-Year Promotion: Buy a House and Get a Luxury Car!
Don’t miss out on this extraordinary Mid-Year Celebration promotion. Borey Peng Huoth is offering an unbeatable deal throughout June 2024: purchase a house and receive a luxury electric car, the Toyota BZ4X 01, instantly. This exclusive promotion includes six exceptional packages, making it the perfect time to invest in your dream home. As part of […]
Read More
Cambodia & Singapore Push for ASEAN Power Grid to Combat Rising Electricity Prices & Promote Green Energy
Cambodia and Singapore have proposed the re-establishment of the ASEAN Power Grid, aiming to promote green energy, protect the environment, and control rising electricity prices. This initiative, announced by Minister of Mines and Energy Keo Rattanak in a video released on 4 June 2024, comes 25 years after ASEAN initially set this goal but was […]
Read More
Canadian Investors Explores Investment Opportunities in Six Key Sectors in Cambodia
A business delegation from the Cambodian Chamber of Commerce in Montreal, Canada, recently met with the Council for the Development of Cambodia to explore investment opportunities in six major sectors: agriculture and processing, tourism, health, real estate, services, and industry. The meeting, aimed at fostering stronger economic ties, took place on 5 June 2024.HE Nuth […]
Read More
Cambodia’s Trade Volume Hits US$17bn in First Five Months of 2024, Down 10%
In the first five months of 2024, Cambodia’s trade volume reached approximately US$17 billion, marking a 10% decrease compared to the same period in 2023. This decline, reported by HE Sok Sopheak, Secretary of State and spokesperson for the Ministry of Commerce, was attributed to sluggish overseas consumer markets and inflation in buyer countries. The […]
Read More
Cambodia Honours Eight Top Cashew Processors of 2024
On 6 June 2024, the Ministry of Agriculture, Forestry and Fisheries (MAFF) celebrated the winners of the 2024 Best Cashew Processors Competition, awarding eight companies and enterprises for their excellence in cashew processing under the chairmanship of HE Oung Kosal, Secretary of State of MAFF. The top honours were awarded to companies from various provinces, […]
Read More
Techo International Airport in Takhmao City Nears 76% Completion
The construction of Techo International Airport in Takhmao City, an ambitious project with a US$1.5 billion investment, has reached 75.8% completion as of 6 June 2024. The project is on track to be operational by the first half of 2025, marking a significant milestone for Cambodia’s aviation sector. Led by HE Mao Havannal, Minister in […]
Read More
PM Announces Funan Techo Canal Groundbreaking Ceremony for 5 August 2024
PM Hun Manet officially announced that the groundbreaking ceremony for the Funan Techo Canal will take place on 5 August 2024. This significant project aims to enhance Cambodia’s political independence, transportation infrastructure, and national economy by developing inland waterway transportation. The announcement was made during the inauguration ceremony of the Kampot Multi-Purpose Port on 6 […]
Read More
Kampot Multi-Purpose Port Phase 1 Inaugurated with US$140m Investment
The first phase of the Kampot Multi-Purpose Port Development Project, valued at approximately US$140 million and covering a total area of 207 hectares, has been officially inaugurated. The ceremony, held on 6 June 2024, was presided over by PM Samdech Hun Manet. The initial phase of the Kampot Multi-Purpose Port includes the construction of significant […]
Read More
NR No. 48 Rehabilitation Project (Sre Ambel-Koh Kong) Achieves 60.50% Completion, Set for 2025 Finish
The rehabilitation and upgrading project of NR No. 48 (Sre Ambel-Koh Kong), spanning 148km, has reached 60.50% completion and is scheduled to be finished by 2025. This progress was reported during a site visit by HE So Vector, Secretary of State of the Ministry of Public Works and Transport, on 5 June 2024. During the […]
Read More
NR No. 33 Rehabilitation Project Nears Completion with 81.26% Progress, Sets for Completion This Year
The rehabilitation and upgrade of NR No. 33 (Kampot-Chrak Lok) has reached 81.26% completion as of June 2024, with the project expected to be finished by the end of the year. This milestone was reported during an inspection visit by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, on […]
Read More