Chinese Firm ICAP Announces Major Investment Plans in Cambodia’s Electric Vehicle Sector

In a significant development for Cambodia's automotive industry, China's Infinite Capital Holding Company (ICAP) has unveiled ambitions to invest in the manufacture of electric vehicle components in the country. The announcement was made during a meeting on 17 February 2025 between Prime Minister Hun Manet and ICAP's Chairman and CEO, Zhang Chaomin. During this pivotal discussion, CEO Zhang out...

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A Bridge To The Future: How Digital Twins Helped Kentucky Recover From Catastrophic Floods

Tomas Kellner In July 2022, Ben Shinabery watched the news with growing unease as a deluge of rain—up to 16 inches in some areas—drenched eastern Kentucky and unleashed catastrophic flooding. Swollen creeks and rivers surged through narrow Appalachian valleys, sweeping away homes, ripping out roads, and knocking down bridges. But as the death toll mounted, eventually reaching over 40 liv...

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Cambodia Government Facilitates Import Exemptions for Construction Projects

In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 MEF....

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Japanese Firm EY Eyes Investment in Cambodia’s Healthcare Sector

In a significant move towards boosting Cambodia's healthcare infrastructure, Japanese firm EY Strategy and Consulting Co., Ltd has expressed interest in exploring investment opportunities within the sector. A meeting took place on 10 February between HE Koy Vanny, Secretary of State for Health, and Mr. Ushida Masaya, a representative from EY, to discuss potential collaborations. During the meet...

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Philippines Investors Eye Cambodian Rice Imports

In a significant step towards bolstering agricultural trade, Arvin International Marketing Inc., a leading Philippines company, has expressed a keen interest in importing high-quality rice from Cambodia. This announcement follows a meeting between HE Cham Nimol, Cambodia's Minister of Commerce, and Mrs Azucena L. Yao, Chairman of the Board of Directors of Arvin International, held in Manila. HE...

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Unwrap the Magic of Love with Borey Peng Huoth’s Exclusive Valentine’s Promotion!

This February, let’s make love special! Borey Peng Huoth is thrilled to announce a breathtaking chance to embrace the spirit of giving with our exclusive Valentine's Day promotion. Mark your calendars for 22 & 23 February 2025, and head to our house sales office at Boeung Snor, next to National Road No. 1 in Chbar Ampov district. For those of you who haven’t found the perfect gift for y...

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Henan Provincial Administrative to Invest in Agro-Industrial Park in Cambodia

The Henan Provincial Administration of China has announced plans to invest significantly in Cambodia to establish an agro-industrial park focused on agricultural product processing. This development was revealed during a recent meeting with HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), and a delegation from Air Cambodia Co., L...

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Australian Business Delegation Eyes Investment in Key Sectors of Cambodia

In a significant move to bolster economic cooperation, a delegation from the Australian Business Association has announced plans to invest in four pivotal sectors in Cambodia: trade, mining, ports, and agricultural technology. This initiative aims to enhance bilateral relations and support the country's economic growth. During a high-profile meeting held in Sydney on 17 February 2025 with Cambo...

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Top US Companies Eye Investment Opportunities in Cambodia, with SpaceX – Starlink Leading the Charge

A delegation from SpaceX – Starlink, a prominent American telecommunications provider, is currently in Cambodia to explore potential investment opportunities. During a recent meeting, Ms. Rebecca Hunter, Marketing Director of SpaceX – Starlink, discussed the company's plans with Prime Minister Hun Manet and HE Sun Chanthol, the First Vice Chairman of the Council for the Development of Cambodia (CD...

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Cambodia’s Stone Processing Industry Flourishes with USD 90 Million in Revenue in 2024

In a noteworthy development for Cambodia’s economy, the stone processing sector has emerged as a significant contributor, generating an impressive USD 90 million in revenue in 2024. This remarkable achievement highlights the industry's growth potential and its critical role in the national budget. As the Ministry of Information reported on 16 February 2025, Cambodia currently boasts 68 stone pr...

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Ministry of Public Works and UN Unite to Halve Road Traffic Accidents in Cambodia by 2030

In a significant effort to improve road safety, the Ministry of Public Works and Transport of Cambodia has partnered with the United Nations (UN) to achieve an ambitious goal: reducing road traffic fatalities and injuries by 50% by the year 2030. This partnership was formalised during a high-level meeting between HE Peng Purna, Minister of Public Works, and Jean Todt, the UN Secretary-General’s...

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Philippines Sets Sights on Cambodian Health Education: Aiming for Asian Excellence

In a significant move towards enhancing educational standards, the Philippines-based World Citi Group has expressed a strong interest in investing in Cambodia’s health education sector. The company aims to position Cambodia as a leader in health education across Asia. Dr. Raymond Patrick V. Guico, President of World Citi Group, made this announcement during a meeting with Prime Minister Hun Man...

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