Cambodia & Japan Enhance Trade Ties to Boost Cambodia’s Cashew Export Potential
To bolster Cambodia’s agricultural export potential, particularly in the cashew sector, the Ministry of Commerce of Cambodia and the Japan External Trade Organization (JETRO) in Osaka have reaffirmed their commitment to collaboration. High-level discussions took place on 18 September 2024 at JETRO headquarters in Osaka, Japan, highlighting strategic cooperation to strengthen Cambodia’s exports of key […]
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Chinese Major Firm, CGN, Eyes Investment in Cambodia’s RE as Part of Its Global Expansion in 16 Countries
China’s CGN Energy International Holdings Co., Limited. (CGNEI) has expressed keen interest in investing in Cambodia’s renewable energy sector as part of its ambitious global operations spanning 16 countries. The company currently manages 49 green energy projects worldwide and seeks to expand its presence in Southeast Asia, including Cambodia. During a meeting held on 25 […]
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ADB Revises Cambodia’s 2024 Growth Forecast from 6% to 5.8% as Exports and Tourism Recover
The Asian Development Bank (ADB) has revised its economic growth projection for Cambodia in 2024, lowering it from 6% to 5.8%, reflecting cautious optimism amidst recovering exports and a strong tourism rebound. These changes were noted in the ADB’s latest economic outlook report, released on 5 October 2024. This adjustment aligns with earlier forecasts by […]
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Siem Reap Becomes Cambodia’s 10th Open Defecation-Free Province, Leading the Way for a Cleaner Future
Siem Reap has officially become Cambodia’s 10th province to achieve open defecation-free (ODF) status, a milestone announced on 26 September 2024. This accomplishment is part of a national effort to eradicate open defecation across the country, following in the footsteps of Svay Rieng, Prey Veng, Kandal, Kampong Speu, Kampong Chhnang, Kep, Sihanoukville, Kampong Cham, and […]
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Apple Commits USD 250 Million on New Campus in Singapore Aiming to Expand Market in ASEAN
Apple has announced a USD 250 million expansion of its Ang Mo Kio campus in Singapore, reinforcing its presence in Southeast Asia with construction set to begin this year, according to Thailand-business news dated 4 September 2024. The project will utilize 100% renewable energy and target LEED certification, highlighting Apple’s dedication to sustainability. The announcement […]
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Becoming Bentley: 40 Years Ago, Bentley Brothers Launched A Software Company That Helped Change How We Live
Five brothers enamoured with computers and their potential pursued a bold idea to create software that could revolutionise how engineers design and build things. They spent the last four decades developing engineering software that has helped shape infrastructure around the world, helping make roads and bridges more resilient, water systems more sustainable, and communities more […]
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China & Thailand to Build Digital Ecosystem for Smart Cities & Cross-Border Trade
China and Thailand are joining forces to create a robust digital ecosystem aimed at developing smart cities and enhancing cross-border trade, with Chinese technology playing a pivotal role across Southeast Asia. The Digital Economy Promotion Agency of Thailand, in collaboration with cities like Shenzhen and Hangzhou, as well as Guangxi and Yunnan provinces, is spearheading […]
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By 2040 Most of ASEAN’s Coal Power Plants Will Be Aged 28 Years, Ready to be Profitably Phased Out for Renewable Transition
Southeast Asia’s coal power plants could be profitably retired by 2040, aligning with global climate goals, as per a recent analysis by Global Energy Monitor (GEM). The study indicates that the region’s coal plants will average 28 years of age by 2040, approaching the global retirement benchmark of 36 years, which challenges the prevailing assumption […]
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Cambodia Secures MoU on Direct Export Deal with China for Cashews, Cassava, & Bird Nests
Cambodia has signed a Memorandum of Understanding (MoU) with China to streamline the direct export of cashew nuts, cassava, and earwax nests, bypassing intermediary countries and expediting market access. The Ministry of Information announced the agreement on 27 September 2024. The MoU was signed between three Cambodian associations – the Cambodian Cashew Association, the Cambodian […]
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MISTI Announces USD 185 Million Water Supply & Sanitation Expansion Project
The Ministry of Industry, Science, Technology, and Innovation (MISTI) has launched a USD 184.9 million project over the next five years to bolster Cambodia’s water supply and sanitation services. This major initiative, designed to meet increasing demand and accelerate progress towards the UN’s sustainable development goals for clean water and sanitation by 2030, is expected […]
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Dara Sakor International Airport Completes Critical Inspections Ready for November Flight Launch
Dara Sakor International Airport, a USD 200 million investment located in Koh Kong province, completed a two-day flight engineering inspection and calibration on 29-30 September 2024, before the launch of domestic small light aircraft operations in late November. The technical assessments, conducted with the participation of HE Mao Havannall, Minister in Charge of the Secretariat […]
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Gov’t Revives USD 590 Million in 30 Stalled Projects, Encourages Growth in SHV
In a strategic move to boost economic development, the Cambodian Government has greenlit special incentives for 30 stalled projects in Sihanoukville, representing a total investment of USD 590 million. This decision announced on 26 September 2026, follows the efforts of the Investment Promotion Task Force to resuscitate a wide range of ventures, including smelters, metal […]
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