Employment Boom: Factories in Kampong Speu in urgent need of 4,000 Workers
Kampong Speu province, a burgeoning industrial hub, is currently experiencing an urgent demand for an additional 4,000 skilled workers. This pressing need arises amid the backdrop of 385 active factories within the province, each contributing significantly to Cambodia’s industrial prowess. Minister of Labor and Vocational Training, HE Heng Sour, highlighted this demand during a recent […]
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Cambodia & 12 Nations Unite to Combat GHG Emissions Through Sustainable Waste Management
Cambodia, alongside a consortium of 12 nations, is embarking on a collaborative mission to tackle greenhouse gas emissions by implementing the principles of the 4Rs (Reducing, Reusing, Recycling, and Recovering) in solid waste management. This pioneering effort was unveiled at the “Strengthening the Implementation of Solid Waste Management and the Path to the Circular Economy” […]
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Peng Huoth Group organizes “PH Eco Day” an environmental and charity event under the theme “Old, new”
Peng Huoth Group organized an environmental and charity event “PH Eco Day” in order to promote awareness and proper implementation of the environment, as well as to receive donations of materials and learning materials from philanthropists to continue to donate. To school organizations that face severe shortages. In addition, Peng Huoth Group has donated an […]
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Gov’t Inks Concessional Loan Deals Worth US$780 Million in H1 2023
In a testament to Cambodia’s continued economic development and collaboration with international partners, the government has successfully secured concessional loan agreements amounting to a total of US$787.5 million in the first half of this year. This impressive figure represents a substantial year-on-year increase of 24%. According to a report released by the Ministry of Economy […]
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Kia Explores Ambitious Plans for First ASEAN Production Hub in Thailand
South Korea’s automotive giant, Kia Corp, is actively contemplating the establishment of its inaugural production facility in Thailand. This ambitious venture is set to boast an impressive annual production capacity of 250,000 vehicles, significantly enhancing Kia’s presence in the Southeast Asian market. Channel News Asia reported this development on 8 September 2023. Kia, renowned as […]
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Nine New Factories with US$54.43M Investment Set to Create Over 13,000 Jobs in Five Provinces
In a significant boost to Cambodia’s industrial sector, the Council for the Development of Cambodia (CDC) has given the green light to nine companies poised to invest a total of US$54.43 million. These ventures are expected to generate a substantial job market, providing employment opportunities for 13,888 individuals across several provinces, including Kampong Speu, Kandal, […]
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Bentley Systems’ iTwin Ventures Acquires Blyncsy, Breakthrough Innovator in AI Services for Transportation Operations and Maintenance
To Broaden and Accelerate Infrastructure Asset Analytics EXTON, Pa. – Aug. 14, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the acquisition of Blyncsy provider of breakthrough artificial intelligence services for departments of transportation to support operations and maintenance activities. The digital twin ecosystem focus of Bentley’s iTwin Ventures […]
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S. Korean Company, Daehan Corporation, Proposes Plastic Waste Processing Plant in Sihanoukville
South Korean company Daehan Corporation is eyeing the establishment of a cutting-edge plastic waste processing plant in Sihanoukville. The project aims to transform plastic waste into an essential part of daily life in the region, contributing to environmental sustainability, according to the presentation of the company at Sihanoukville Provincial Hall on September 7, 2023. Mr. […]
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Unlocking Success in Cambodia’s Retail Market: CBRE Panel Explores Repositioning, Refilling & Repurposing
CBRE Cambodia hosted a thought-provoking panel discussion on 4 September 2023, aimed at shedding light on the dynamic Cambodian retail market. Real estate experts gathered to delve into the sector’s potential and its current status, providing valuable insights for industry players. Reflecting the Cambodian Retail Market The focal point of this workshop was the expert […]
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Ministry of Agriculture Grants 9,772 Hectares for Agro-Industry Development in Stung Treng
In a significant move to bolster agro-industrial development and stimulate economic growth, the Ministry of Agriculture, Forestry, and Fisheries (MOAFF) has granted a substantial land concession of 9,772 hectares to local company LSCG Group and Chinese counterpart Green Sea Agriculture Co., Ltd. This endeavour marks a strategic partnership set to transform Stung Treng province into […]
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Urbanland Partners with Phillip Trustee to Facilitate Foreign Homebuyers at Borey Chankiri
Urbanland and Phillip Trustee (Cambodia) Co., Ltd. have recently entered into a new strategic partnership, solidified by a Memorandum of Understanding (MoU). This collaboration aims to address the ever-growing market demand in the real estate sector and facilitate foreign homebuyers at Borey Chankiri with the trust administration provided by Phillip Trustee. Mr. Hok Kang and […]
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CT II Invests US$92.2m in Power Substation Linking Kampong Cham to Kratie
In a pivotal decision aimed at bolstering Cambodia’s power infrastructure, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to CAMBODIAN TRANSMISSION II CO., LTD (CT II). This significant development, announced by the CDC on 7 September 2023, will see the construction of a cutting-edge substation, facilitating the transmission […]
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