Local News
Cambodia’s Trade Volume Surges to Over USD 36bn in First Eight Months of 2024, Marking a 16.5% Growth
Cambodia’s trade volume reached an impressive USD 36 billion in the first eight months of 2024, marking a significant 16.5% growth compared to the same period in 2023. According to the General Department of Customs and Excise of Cambodia, this robust increase underscores Cambodia’s growing economic activity and strengthens its position in global markets. The […]
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Cambodia & South Korea Strengthen Partnership to Accelerate Rural Development Through New Village Movement
On 12 September 2024, Cambodia and South Korea solidified their commitment to enhancing rural development in Cambodia by signing a Memorandum of Understanding (MoU) under the New Village Movement project. The MoU, signed between Kyungsangbukdo Province of South Korea and Cambodia’s Asian Cultural Council, highlights a renewed focus on boosting rural infrastructure, promoting agricultural innovation, […]
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Tycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong
The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from […]
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Cambodia Allocates Over USD 62m for Three New Buildings at Calmette Hospital to Boost Healthcare Capacity
Cambodia has committed over USD 62 million to construct three new buildings at Calmette Hospital in Phnom Penh, reinforcing the nation’s healthcare infrastructure. The groundbreaking ceremony for the project was presided over by PM Samdech Hun Manet on 16 September 2024. The project, which includes a 25-storey main building, a parking facility, and the Cyclotron […]
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Large-Scale Drainage Project on Phnom Penh’s NR 4 Surpasses Schedule by 11%
The construction of a major drainage system along NR 4 in Phnom Penh has achieved an 11% faster progress rate, reaching a completed length of 624 metres. The project, which is part of a broader effort to modernize the city’s sewer infrastructure, aims to improve flood prevention and sanitation across key districts. This update was […]
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Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic […]
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Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia
China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024 between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]
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Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
Shan Cun Group, one of China’s largest agricultural investors, has revealed plans to explore significant investments in Cambodia’s agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, […]
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Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD 300m Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD 300 million, with a longer-term goal of reaching USD 1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat Tumysh, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September […]
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SHV’s New 253-Metre Container Port Inaugurated with Japanese Aid
A new 253-metre-long container terminal at Sihanoukville Autonomous Port was officially inaugurated on 12 September 2024, marking a significant expansion for Cambodia’s primary port. Attended by PM Samdech Hun Manet, the ceremony highlighted the terminal’s modernized capabilities. The port now includes advanced container lifts and loading equipment, boosting the port’s capacity from 550,000 TEU to […]
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