Chinese Giant DANONG Partners with Four Firms to Cultivate Cambodia’s Agricultural Potential
DANONG Agricultural Development Group, a major Chinese company, has inked agreements with four strategic partners for substantial agricultural investments in Cambodia. The signing ceremony took place on 12 September 12023. The esteemed collaborators joining forces with DANONG are the Cambodia Agriculture Cooperative Alliance (CACA), Agri Bank Construction Land, Panagri International Farm Co., Ltd., and Century […]
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Japan’s Strategic Investment Plans: Advancing Cambodia Through High-Tech Raw Materials Processing
Japanese investors have expressed keen interest in bolstering small and medium enterprises (SMEs). Their vision includes harnessing cutting-edge Japanese technology to process Cambodian raw materials into high-quality finished products, primed for export. This initiative holds the potential to not only boost the Cambodian economy but also impart crucial skills to its workforce. The announcement came […]
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Marum Estate Clinches Four Distinguished Awards at Esteemed PropertyGuru Cambodia Property Awards
Phnom Penh, Cambodia – A remarkable triumph illuminated the 8th Annual PropertyGuru Cambodia Property Awards as Marum Estate, a visionary project by Sir Stamford Raffles (Cambodia) Co. Ltd., clinched an impressive four prestigious awards, solidifying its reputation as a beacon of innovation and excellence in the world of Cambodian real estate. The grand event took […]
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Toyota Assembly Plant in Phnom Penh SEZ Inaugurated Next Year
Exciting news on the automotive front with the much-anticipated Toyota assembly plant, nestled within the Phnom Penh Special Economic Zone (SEZ), being poised for a grand inauguration in 2024. His Excellency Ueno Atsushi, Japanese Ambassador to Cambodia, recently shared this pivotal update during his courtesy call on Hun Sen, a significant event hosted at the […]
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Phnom Penh’s New Koh Pich-Koh Nora Bridge Set to Open Temporarily in October
The cable-stayed concrete bridge spanning from Koh Pich to Koh Nora in the Chamkarmon and Chbar Ampov districts is now complete and poised for inauguration on 27 October. This eagerly awaited development was announced during a bridge connection ceremony presided over by His Excellency Khuong Sreng, the Governor of the Board of Governors of Phnom […]
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One US-based chipmaker committed US$1.5b to build the largest chip-making factory in Ho Chi Minh City
Following President Biden’s visit to Vietnam, the United States has announced a groundbreaking semiconductor partnership that aims to leverage Vietnam’s potential in bolstering resilient semiconductor supply chains, according to the White House’s Press dated 11th, September 2023. “The United States recognizes Vietnam’s potential to play a critical role in building resilient semiconductor supply chains, particularly […]
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China Plans to Build 6,000km Transcontinental Road to Algeria (North Africa)
In a landmark partnership set to reshape Algeria’s socio-economic landscape, China and Algeria have embarked on an ambitious journey to construct an extensive 6,000 kilometres of railway lines. Algerian President Abdelmadjid Tebboune lauded this monumental effort as a cornerstone of his nation’s progress. The project heralded on www.africanews.com on 29 August 2023, is a testament […]
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Cambodia’s Global Trade Sees 14.5% Dip in 2023, But Exports Buck the Trend
In the first eight months of 2023, Cambodia’s international trade experienced a significant downturn, with a 14.5% decrease compared to the same period in the previous year, according to data from the General Department of Customs and Excise (GDCE). However, in a surprising turn of events, Cambodia’s exports managed to defy this trend, showing robust […]
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New East Solar Energy: From Cambodia Brand to the USA, Lighting Up a Brighter Clean Technology Future
New East Solar Energy, a prominent player in the solar industry based in Cambodia, is expanding its horizons across the globe. The company is set to inaugurate a colossal 2-gigawatt (2 million kilowatts) solar panel manufacturing facility in Phoenix, Arizona, contributing to the creation of 350 jobs. This groundbreaking development, reported by Solar Power World […]
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Gov’t Leases 489 Hectares in Koh Rong to Private Company for Sustainable Development
The Cambodian government has earmarked a 489-hectare area within Koh Rong National Park for development by Emario Shonan Marine Corporation and U. Property Management. This progressive initiative, as outlined in Sub-Decree No. 69 dated 31 March 2023, signifies the nation’s commitment to responsible land utilisation in Koh Rong Samloem village, Sangkat Koh Rong Samloem, Koh […]
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Korean-Led Initiative Advances Wastewater & Solid Waste Management in Cambodia’s Battambang
The Ministry of Public Works and Transport, in partnership with the Global Green Development Institute (GGGI), is embarking on a feasibility study to bolster these crucial systems in Battambang province. This noteworthy initiative is a part of the Low Carbon City Development Project, which strives to promote sustainable access to services in Battambang City. During […]
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Vietnam Emerges as Key Player in US Economic Diversification Strategy
President Joe Biden’s visit to Vietnam marks a pivotal moment in the strengthening of economic bonds between the United States and Hanoi. This strategic move aims to reduce America’s dependence on China and signifies a significant diplomatic shift, according to CNN News on 11 September 2023. The two former adversaries have formally upgraded their diplomatic […]
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