Bassac River Bridge Project Surpasses Milestone, Completes 10.50% Ahead of Schedule
The construction of the bridge across the Bassac River, connecting Chak Angre Krom and Prek Pra, has achieved a completion rate of 10.50%, surpassing the planned progress by 1.03%. This update was confirmed by the Ministry of Public Works and Transport on their official Facebook page on 28 May 2024. The completed work includes the […]
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Kampong Speu Authorities Seize Over 57 Hectares of Forest Land in Oral District
Kampong Speu provincial authorities have confiscated more than 57 hectares of forest land in the Oral Mountain Wildlife Sanctuary, marking a significant move against illegal land grabbing. This decision is part of a broader effort in 2024, during which over 1,400 hectares of forest land have been reclaimed as state property. The order was issued […]
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AMRO Forecasts Cambodia’s Economy to Grow 5.6% in 2024 and 5.9% by 2025
The ASEAN + 3 Macroeconomic Research Office (AMRO) recently released a positive outlook for Cambodia’s economy, predicting a growth rate of 5.6% in 2024 and 5.9% in 2025. This upward trend signifies a significant improvement compared to the 5% growth recorded in 2023, according to AMRO press release on 23 May 2024. Garment Sector & […]
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Japan’s Exports Surge in Value 8.3%, Led by Autos and Chips, Despite Volume Decline 3.2%
Japan’s export value surged by 8.3% to reach 8.9 trillion yen (US$57 billion) in late April, marking the fifth straight month of growth, according to official data released by the Japanese Ministry of Finance on Wednesday. However, export volume saw a decline of 3.2% compared to the previous year, as reported by NikkeiAsia on 11 […]
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Stung Prek Tnaot Rehabilitation Project Nears Completion with 95% Progress
The Stung Prek Tnaot Rehabilitation Project in the lower part from the east of National Road 3 has reached an impressive 95% completion and is on track to be finished by June or July this year. This update was shared on the official Facebook page of the Ministry of Water Resources and Meteorology on 25 […]
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Chip Mong 271 Mega Mall Unveils MEGA Amazing: Shop, Save, Win a Luxury Car or Dream Vacation!
Chip Mong 271 Mega Mall celebrated its grand opening with an unprecedented Mega Amazing program, including the presentation of a brand-new Mitsubishi car to one lucky customer—a prize no other supermarket has ever offered. The event on May 26 2024 marked the conclusion of the Mega Celebration promotion and was attended by top leaders of […]
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Yuba Water Implements Digital Twin for Automated Monitoring of California’s Second Tallest Dam
Using Bentley’s Reality Modeling and iTwin Applications, they have established situational intelligence to optimize risk assessment for the New Bullards Bar Dam. This 645-foot-tall concrete arch dam was constructed in 1970 to minimize flood risk, produce clean hydropower, and guarantee a dependable water supply for Yuba County residents. The previous monitoring system for the dam […]
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Kampong Speu Authorities confiscated 1,400 hectares of forest land in Oral district
In the first five months of 2024, Kampong Speu provincial authorities decided to confiscate more than 1,400 hectares of forest land in Kampong Speu province’s Oral district as state property after illegal land acquisition. This is according to the orders of the three administrations of Kampong Speu province, which include: First, an order issued on […]
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Australia plans to turn corn waste into Biomass for improvement of agricultural land in Siem Reap
Australia’s Agribusiness Asian Group (AAG) plans to process agricultural waste from its corn crop (corn stover) into biomass to store carbon for 1,000 years. This initiative is part of the inauguration of a 1,000-hectare crop farm in Siem Reap Province. The decision was made during a meeting between Mr. Prak David, Secretary of State of […]
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Kampong Speu Province to Welcome Four New Factories with US$25m investment, Creating Over 1,200 Jobs
The Cambodian investment landscape is buzzing with new developments in Kampong Speu province. The Council for the Development of Cambodia (CDC) recently greenlit four investment projects with a combined value of nearly US$25 million. These new factories are expected to generate significant employment opportunities, creating over 1,200 new jobs for the local workforce. The official […]
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Cambodia Revs Up for Carbon Neutrality 2025: Electric Vehicles Take Centre Stage
The Ministry of Public Works and Transport (MPWT) has announced a strategic push towards electric vehicles (EVs) to achieve the ambitious goal of carbon neutrality by 2050. This declaration, made by HE Peng Po, the Minister of MPWT, at the International Transport Forum Summit, Germany on 23 May 2024, underscores Cambodia’s commitment to environmental sustainability, […]
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Anglo-Swedish Pharma Giant AstraZeneca to Build US$1.5bn Green Cancer Treatment Facility in Singapore
Leading pharmaceutical company AstraZeneca, a joint venture between British and Swedish interests, has announced a significant investment of US$1.5 billion in a brand-new cancer treatment plant located in Singapore. This state-of-the-art facility will focus on the production of antibody-drug conjugates (ADCs), a new generation of targeted cancer therapies. The news, reported by Reuters on 20 […]
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