Local News
Japanese Investors Forge Unique Path with Traditional Elderly Haven in Kampong Speu
The allure of Cambodia's real estate, agriculture, and craftsmanship opportunities has captured the attention of Japanese investors. These forward-thinking entrepreneurs have set their sights on crafting a haven of tranquility and cultural resonance – a traditional Japanese village tailored exclusively for the elderly. Dr. Mong Reththy, the visionary General Director of Mong Reththy Group, shar...
Read MoreThree Ministries & Private Sector Collaborate for Boosting Tourist Port Potential
The Ministry of Economy and Finance, in partnership with the Ministry of Public Works and Transport and the Ministry of Tourism, is set to orchestrate a pivotal consultative workshop under the theme "Operation and Maintenance(O&M) under the Public-Private Partnership Mechanism." The event is scheduled for 8:30 am on 17 August 2023 at Hyatt Regency Hotel Phnom Penh, with a simultaneous virtual ...
Read MoreMPT Plans to Build Community Technology Centres at 558 High Schools Nationwide
The Ministry of Posts and Telecommunications (MPT) has set forth an ambitious plan to establish community technology centers at 558 high schools nationwide, signaling a resolute commitment towards advancing digital development. This visionary initiative was unveiled by HE Chea Vandeth, Minister of Posts and Telecommunications, during the distinguished inauguration ceremony of the UNESCO Data Scien...
Read MoreGov’t Built Mondulkiri Bypass Road in Just Seven Days
In an extraordinary display of efficiency and dedication, the Mondulkiri Provincial Administration has completed the construction of a vital bypass road spanning 1,000 meters in an astonishingly short time frame of seven days. This strategic intervention comes in response to the collapse of National Road 76 on 1 August 2023 and is set to restore uninterrupted connectivity for citizens, effectively...
Read MoreMoT & Samra Seaplane Forge Dynamic Partnership to Propel Cambodian Air Transport Services & Tourism
The Ministry of Tourism has embarked on a transformative collaboration with Samra Seaplane. This ambitious partnership, unveiled during a pivotal meeting on 1 August 2023, between HE Chuk Chumnor, Director General of Tourism Development and International Cooperation at the Ministry of Tourism, and Mr Dennis Keller, the visionary CEO of Samra Seaplane, in a joint venture of the renowned Royal Group...
Read MorePowering Progress: Industry Sector Set to Drive 39% of Cambodia’s GDP Growth in 2023
Cambodia's industrial prowess continues to surge, poised to shape the nation's economic landscape with a forecast of contributing 39% to the Gross Domestic Product (GDP) in 2023, a notable increment from the 38% registered in the preceding year. The industry sector's ascending trajectory was underscored by HE Heng Sokkung, the Secretary of State and spokesperson for the Ministry of Industry, Sc...
Read MoreUnveiling the Splendour: Kesor Kol Conservation Centre at Phnom Kulen Inaugurated
The 10-hectare Kesor Kol Guest House and infrastructure in Preah Jayavarman Phnom Kulen National Park have been officially inaugurated. The ceremonial inauguration, held on 2 August 2023, was presided over by HE Say Sam Al, Minister of Environment, signalling a resounding dedication to fostering sustainable conservation and ecological research. Nestled across a sprawling expanse of 10 hectares,...
Read MoreADB Catalyses Cambodia’s Skill Renaissance with US$100m Investment in Industrial & Technological Expertise
In a significant stride towards Cambodia's future workforce empowerment, the Asian Development Bank (ADB) has confirmed a commitment to a US$100 million loan. The strategic infusion is poised to reshape Cambodia's economic trajectory, propelling it towards a vibrant landscape of industry and technology, underpinned by an enriched and skilled labour force. In an official press release on 1 Augus...
Read MoreSamdech Techo Inaugurates Ring Road 3, Now Completed at Whopping US$464m
The highly anticipated inauguration of Ring Road 3, a testament to connectivity and progress, was celebrated under the leadership of Samdech Hun Sen, PM of Cambodia on 3 August 2023. Symbolising a beacon of sustainable development, the grand inauguration of Ring Road 3, after a colossal investment of US$464 million, resonated as a triumph of cross-border cooperation and steadfast commitment to ...
Read MoreCambodia Achieves Successful Bond Issuance of US$27 Million in H1-2023, Equal to 13.5% of Plan
The Cambodian government has successfully issued bonds worth a total of US$27 million in the first half of 2023. This remarkable achievement signifies a substantial step towards the realisation of the planned US$200 million issuance, according to the release of the Ministry of Information on 31 July 2023. The Ministry of Information's release on 31 July 2023 underscored the significance of this...
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