Cambodia’s Trade Volume Sees Significant Growth in 2024
In the first 11 months of 2024, Cambodia’s trade volume surpassed USD 50 billion, according to a recent report released by the Ministry of Commerce; this figure marks a substantial increase of 15.95% compared to the same timeframe in 2023. Breaking down the numbers, Cambodia’s exports reached USD 24.34 billion, reflecting a year-over-year growth of […]
Japanese Ships will be the first ship to Dock at Ream Port, Confirms Samdech Techo
In a significant announcement, Samdech Techo Hun Sen, President of the Senate of Cambodia, has confirmed that the Japanese ship will be the first ship to dock at the new Ream Port when it opens its doors. This pledge was made during a meeting with HE Akiba Takeo, Japan’s National Security Adviser, on December 20, […]
Cambodia’s Reservoirs on the Rise: Government Pushes for Better Registration
In a significant update for Cambodia’s agricultural infrastructure, the Ministry of Water Resources and Meteorology has revealed that the country currently boasts a total of 1,562 irrigation reservoirs. However, only 197 of these, representing 13%, are officially registered—a point of focus during a recent meeting held on December 26, 2024. This meeting highlighted the essential […]
Asia Pacific Real Estate Forecast 2025: Navigating Challenges with Resilience and Opportunity
The Asia Pacific real estate market is poised for steady growth in 2025, buoyed by easing global interest rates and projected regional GDP growth of 4.4%, despite persistent challenges such as China’s ongoing property market struggles and geopolitical tensions. the International Monetary Fund (IMF) and World Bank confirmed these growth projections in their recent regional […]
Dang Kambit Reservoir Dam Construction Reaches 46% Completion, Set to Serve 25K Farmers’ Future
The Dang Kambit Reservoir Dam in Sre Khsach Village, Dang Kambit Commune, Sandan District, Kampong Thom Province has achieved 46% completion as of 20 December 2024, marking a significant milestone in this transformative project. The update was confirmed during an on-site inspection led by HE Chuon Bitthol, Undersecretary of State, representing HE Tho Chetha, Minister […]
In 2024, Cambodia receives more than 400 investment projects worth USD 6.9 billion
Cambodia has achieved a remarkable milestone in 2024, with the Council for the Development of Cambodia (CDC) approving 414 investment projects worth a total of USD 6.9 billion. This marks a 54% increase in the number of projects compared to 268 in 2023 and a 40% rise in investment capital from USD 4.927 billion in […]