Two Giant companies Jointly Introduce Cambodia’s First Seaplane Service
In a remarkable partnership that paves the way for unprecedented travel experiences, the esteemed Royal Group, led by Nak Oknha Kith Meng, has joined forces with Chinese-Hong Kong company Seaplane Asia Limited to establish Cambodia’s inaugural seaplane service. This groundbreaking collaboration was revealed through a social media post by Mr. Phan Natt on June 9, […]
Read MoreTecho Santepheap National Hospital Achieves Full Completion, Set for Imminent Inauguration
In a significant milestone for Cambodia’s healthcare sector, the remarkable Techo Santepheap National Hospital, boasting an impressive capacity of 10,000 beds, has reached its culmination, reaching 100% completion. The official inauguration of this groundbreaking medical facility is scheduled to take place in the near future, heralding a new era of advanced healthcare services in the […]
Read MoreThe Gov’t announces the sale of Cambodia’s First Sports Village to Hit the Real Estate Market Post-Paralympic Games
PM Hun Sen has made an exciting announcement regarding the upcoming sale of Cambodia’s inaugural sports village following the conclusion of the highly anticipated SEA Games and Para Games. This revelation was shared during the momentous groundbreaking ceremonies for the Phnom Penh-Bavet Expressway and the bridge spanning the majestic Mekong River on June 7, 2023. […]
Read MoreExpansion on the Horizon: The Fourth Expressway to Propel Connectivity in Northeast Cambodia
During the signing ceremony of the framework agreement for the Phnom Penh-Siem Reap-Poipet Expressway, a monumental milestone in Cambodia’s infrastructure development, HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, unveiled the visionary plan of Cambodian government to construct the fourth expressway, extending from Phnom Penh to the provinces in the Northeast […]
Read MorePM Hun Sen Asks Borey Owners to Restructure Installment to Financially Hit-Bory Buyers
PM Hun Sen has called on the owners of Boreys and flat houses to implement flexible measures to the difficulties of the people who are late in paying instalments and to restructure instalments to buyers. In a meeting with more than 10,000 garment workers in Kampong Chhnang province on June 9, Samdech Techo introduced his […]
Read MoreRoad No. 312 worth US$24 million in Prey Veng province is officially groundbreaking
The Ministry of Public Works and Transport (MPWT) has opened a site to upgrade the quality of repair and maintenance of Provincial Road 312, a strategic road in Prey Veng province, at a cost of more than US$ 24 million. Samdech Krala Hom Sar Kheng, Deputy Prime Minister, and Minister of Interior, presided over the […]
Read MorePM Hun Sen Facilitates UAE Investment in Cambodia’s Thriving Oil Sector
In a significant development for Cambodia’s burgeoning oil and gas industry, Samdech Hun Sen, PM of Cambodia, has successfully attracted investors from the United Arab Emirates (UAE) to explore investment opportunities within the country’s oil and gas sector. During an insightful dialogue with dedicated garment workers in Kampong Chhnang province on June 9, PM Hun […]
Read MoreNaga 3 worth nearly US$4b Rescheduled for Completion in 2029
Naga 3 construction project in Phnom Penh, with an estimated value of nearly US$4 billion, has been rescheduled for completion in 2029, according toa recent announcement by Naga Corp Ltd. on June 4, 2023. This decision has been necessitated by a confluence of external geopolitical and macroeconomic factors, as well as the prevailing global inflationary […]
Read MoreCollaboration for Growth: CHA and LAC Join Forces to Enhance Cambodia’s Hotel and Tourism Industry
The Cambodia Hotel Association (CHA) and Lanmei Airlines Cambodia (LAC) have forged a strategic partnership through the signing of a significant Memorandum of Understanding (MOU), aimed at fostering cooperation and synergy within Cambodia’s thriving hotel, tourism, and supply chain sectors. In a momentous agreement sealed on June 2, 2023, the two esteemed entities will leverage […]
Read MoreChina’s Belt and Road Initiative Catalyzes Investment Influx and Propels Cambodia’s Economic Growth
Cambodia’s Prime Minister, Samdech Hun Sen, has hailed China’s transformative Belt and Road Initiative (BRI) for its pivotal role in attracting substantial investment to Cambodia, bolstering economic development, and creating employment opportunities for the nation’s citizens. During the groundbreaking ceremony for the Phnom Penh-Bavet Expressway, a momentous $1.3 billion infrastructure project, Prime Minister Hun Sen […]
Read MoreProperty Insurance Premiums with US$14M in first quarter of 2023 Signals Resilience of Cambodia’s Insurance Sector
The property insurance market in Cambodia has demonstrated remarkable strength in the first quarter of 2023, with premiums amounting to an impressive US$14 million. This represents a notable surge of 15.6 percent compared to the corresponding period last year, during which premiums stood at US$12 million. These figures, revealed in the recent report by the […]
Read MoreThe Gov’t Grants Hope and Prosperity to Landless Individuals in Sesan District with over 3,000 hectares of land concession
In a resolute effort to address the plight of landless individuals and provide them with secure housing and farming opportunities, the Sesan District Authority has meticulously prepared over 3,000 hectares of social land concessions. This groundbreaking initiative aims to uplift the lives of the underprivileged by granting them access to land for residential and agricultural […]
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