La Arng Spean Prehistoric Site to Become New Tourist Attraction in Battambang
Plans to transform the ancient La Arng Spean prehistoric site in Battambang province into a new tourist destination are underway, aiming to highlight the site’s historical significance dating back over 70,000 years. This development was announced by the Ministry of Tourism in collaboration with the Battambang Provincial Department of Tourism on 20 May 2024. Mr. […]
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Significant Boost in Phnom Penh’s Telecommunication Infrastructure with 74 New Antenna Towers
To enhance telephone service quality, 74 new antenna towers have been installed, and 157 antenna stations are now operational in Phnom Penh, as announced on 7 May 2024 during a progress review meeting led by HE Chea Vandeth, Minister of Posts and Telecommunications (MOPT). During the meeting, it was detailed that the special task force […]
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MOE and MOL Signed MoU to Reduce Plastic Use in Workplaces to Boost Productivity
A Memorandum of Understanding (MoU) aimed at reducing plastic use in enterprises and establishments to enhance the working environment and increase productivity has been signed by the Ministry of Environment and the Ministry of Labor and Vocational Training. This significant agreement was presided over by HE Eang Sophalleth, Minister of Environment, and HE Heng Sour, […]
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Himalayan Bungy Elevates Adventure Tourism in Rishikesh to Unprecedented Heights
Skeleton Consultants Overcome Structural Hurdles to Engineer India’s Tallest Bungee Tower Nestled on the right bank of the Ganges River amidst the foothills of the Himalayas, Rishikesh in India stands as a revered pilgrimage site for Hindus and is globally acknowledged as the epicenter of yoga. Annually, it beckons yogis from around the world to […]
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France to Build Museum Near Koh Ker to Boost More Tourists
France plans to build a museum near Koh Ker temple to attract more tourists. This initiative was discussed by HE M. Vincent Éblé, Senator of the Seine-et-Marne (Île-de-France) and Chairman of the Franco-Cambodian Friendship Group, during a meeting with Samdech Techo Hun Sen on 17 May 2024. During the meeting, HE M. Vincent Éblé suggested […]
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Korean Industrial Alliance Eyes Major Investments in Cambodia’s Furniture, Engineering, and Automotive Sectors
Plans to expand investment in Cambodia’s furniture, engineering, and automotive sectors have been confirmed by new companies from the Korea Industrial Alliance Forum. This announcement was made during a discussion between His Majesty the King of Cambodia and Mr. MARN Ki-jeong, President of the Korea Federation of Industries (KIAF) on 17 May 2024, during an […]
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China Pledges US$10 Million to Bolster Cambodia’s Counterfeit Product Defenses
Cambodia and China are set to strengthen their collaboration in combating counterfeit goods. During a working meeting on 16 May 2024, the Suzhou Institute of Construction Science in China proposed a $10 million investment to establish a state-of-the-art counterfeit product laboratory in Cambodia. This initiative, communicated by Mr. Jack Yang, Director General of the Institute, […]
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Artisan Angkor Silks Aims to Expand Khmer Silk Production with 15-Hectare Mulberry Plantation
Siem Reap-based Artisan Angkor Company is embarking on an ambitious project to bolster Khmer silk production. The company representatives met with Lok Chumteav Im Rachana, Undersecretary of State of the Ministry of Agriculture, Forestry and Fisheries, to discuss plans for a new 15-hectare mulberry tree plantation, on 18 May 2024. This initiative signifies a commitment […]
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Chinese Company YIG Eyes SEZ Opportunity Near Siem Reap Angkor International Airport
In a move that could significantly bolster Siem Reap’s economic landscape, YIG, a major Chinese investment firm, has expressed interest in developing a special economic zone (SEZ) near the newly constructed Siem Reap Angkor International Airport. This interest was conveyed during a meeting on 17 May 2024 between HE Chea Vuthy, Secretary General of the […]
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Cambodia Prepares Strategic Budget Plan 2025 to Weather Global Economic Headwinds
The Cambodian government is taking proactive measures to safeguard its economic stability in the face of a challenging global economic climate. On 13 May 2024, Circular No. 06. US was issued, outlining the development of a strategic budget plan for 2025-2027, alongside a draft law on financial management specifically for 2025. This initiative underscores the […]
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Asian countries do business with China, lose more than profit, but still can not leave China
In a significant turn of events, the United States has surpassed China as the premier export destination for South Korea and Taiwan, marking a pivotal shift in Asia’s trade landscape. This development, observed in December, underscores a broader trend where Asian economies are exporting less to China as a percentage of their total exports, while […]
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Cambodia and Korea Strengthen Trade Ties with $751 Million Volume and New Six MoUs
Cambodia and South Korea reaffirmed their strong trade partnership with a bilateral trade volume reaching US$751 million in 2023 and the signing of six Memoranda of Understanding (MoUs) on 16 May 2024. The MoU signing ceremony, presided over by Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol in Seoul, signifies a […]
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