Mondulkiri’s Skyward Ambitions: Private Sector Gains Approval for New Airport Investment
The Cambodian government has granted approval for the exploration and investment in the Mondulkiri Airport project to the FOCUS Consortium, led by FOCUS Consulate Global Venture. Notification No. 41 of the NCC, dated 9 January 2024, signifies the government’s commitment to propel Mondulkiri into a hub of progress. Beyond the scope of the airport, the […]
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Phnom Penh Autonomous Port Unveils Three Cutting-Edge Satellite Terminals in Three Major Strategic Locations
The Phnom Penh Autonomous Port (PPAP) has proudly unveiled three state-of-the-art multi-purpose satellite terminals. The strategic locations of these terminals include TS11 in Phnom Penh, UM2 in Tbong Khmum province, and LM26 in Prey Veng province. The inauguration ceremony was presided over by HE Peng Po, Minister of Public Works and Transport, on 12 January […]
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New Siem Reap Airport Investment Company Announces Two-Year Access Fee Reduction
The New Siem Reap-Angkor International Airport Investment Company has unveiled a significant initiative aimed at facilitating smoother travel experiences for various vehicles accessing the airport. In a recent meeting chaired by Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, the Commission for Urgent Affairs discussed and approved […]
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Gov’t Initiates Stringent Crackdown on Large-Scale Illegal Gold Mining in Memot District, Tbong Khmum Province
The Ministry of Mines and Energy (MME) has launched a renewed crackdown on large-scale illegal gold mining operations located in Sampov Loun village, Choam Tamao commune, Memot district, Tbong Khmum province. The ministry’s proactive stance was communicated through an official press release on 10 January 2024. This decisive campaign follows previous crackdowns in September 2021 […]
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Thailand Sets Up a Date to Talk with Cambodia on the Gulf Overlapping Claims
In a strategic move to address the overlapping claims in the Gulf of Thailand, Thailand, and Cambodia are slated to commence discussions on 7 February 2024. This 26,000-square-kilometre area, known for its abundant energy resources, has been a point of contention between the two nations. Cambodian Prime Minister Hun Manet is scheduled to visit Thailand […]
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MoE Unveils Four Robust Measures to Safeguard Cambodia’s Air Quality
The Ministry of Environment has issued a comprehensive set of four key measures to be implemented across the 25 capital-provincial administrations. Announced on 10 January 2024, these measures aim to mitigate the adverse impacts of public air pollution, especially during the dry season from December to April. Highlighting the urgency of the situation, the MoE’s […]
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UN Predicts Global Economy Down to 2.4% in 2024, Inflation Rises to Above 10% for Developing Countries
In a pivotal economic report, the United Nations projects a slowdown in global economic growth to 2.4% by 2024, down from the estimated 2.7% in 2023, underscoring challenges surpassing earlier expectations. Both figures remain below the pre-pandemic 3% growth rate prevalent before the 19-year epidemic in 2020, according to VOA on 9 January 2024. The […]
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Cambodia’s Coastal Wealth: Minister of Land Envisions $2 Billion Annual Contribution
In a visionary statement, His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction (MLMUPC), revealed the immense economic potential of the Cambodian Sea, projecting a substantial annual contribution of approximately US$2 billion to the nation. The declaration came during a pivotal meeting on 8 January 2024, convened […]
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Majestic 45-Metre-Tall Buddha Statue Soars as Construction Commences in Kep Province
The construction of the awe-inspiring 45-metre-tall “Buddha of Forgiveness” has commenced in Kep province. The groundbreaking event was presided over by Samdech Men Sam An, Personal Adviser to the King of the Kingdom of Cambodia which was held on 9 January 2024, marked the initiation of this monumental project, situated in Kep village, Sangkat Kep, […]
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Cambodia’s Steel Import Surges: Reaches US$372m in 2023
In a robust display of economic activity, Cambodia witnessed a notable surge in iron and steel imports, totaling an impressive U$372 million in 2023. This marks a substantial 3.5% increase compared to the figures recorded in 2022, signifying a thriving demand for steel products within the nation. According to a report released by the General […]
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Cambodia Airways Elevates Connectivity with Launch of Phnom Penh-Chongqing Flights
In a strategic move to enhance trade links with China and bolster tourism, Cambodia Airways inaugurated direct flights from Phnom Penh to Chongqing on 6 January. The twice-weekly round-trip flights, operational on Mondays and Saturdays, aim to fortify ties between Cambodia and China, especially in the aftermath of the global crisis, according to Tin Media […]
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China Allocates US$1bn for Advancing Rubber & Tyre Engineering Technology in Cambodia
In a strategic move aimed at fortifying technological advancements in the rubber and tyre sector, the National Centre for Research in Rubber and Tire Engineering Technology of the People’s Republic of China (NERCRAT) has unveiled plans to invest a substantial US$1 billion in key priority projects within Cambodia. The announcement was made during the signing […]
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