Chinese Investment Surge in Cambodian Agriculture
The agricultural sector in Cambodia is experiencing a significant influx of interest from Chinese investors, particularly from Henan Province. The Hernan Agriculture Investment Group has expressed intentions to invest in agricultural processing and fertilizer production in the Kingdom of Cambodia following a productive meeting with representatives from the Ministry of Agriculture on January 15, 2025. […]
Read More
Serei Sophorn Welcomes the New 11 hectares of Landfill
In a significant development to enhance urban environmental management around the Tonle Sap Lake, the government officially inaugurated over 11 hectares of landfill on January 17, 2025. This project, part of the Phase 2 initiative, received support through a concessional loan from the Asian Development Bank (ADB). The landfill in Kangvea village of Sangkat Kampong […]
Read More
Cambodia Poised for Economic Windfall as U.S. Trade Policy Shifts from Vietnam
Cambodia stands to emerge as a major beneficiary of potential U.S. trade policy shifts, with experts predicting significant manufacturing opportunities if Donald Trump returns to office, particularly as Vietnam faces possible trade tariffs similar to those previously imposed on China, according to 2025 Fearless Forecast shared at a Real Estate Forum in Novotel Phnom Penh […]
Read More
Q&A: Driving Innovation for Integrating AI and Sustainability in Transportation Solutions for a Greener Future
In the last decade, there has been a significant focus on digital technology and artificial intelligence worldwide. Bentley Systems, a leading company in infrastructure engineering software, recently held the 2024 Year in Infrastructure and Going Digital Awards in Vancouver, Canada. This event brought together prominent industry leaders and users from around the globe to discuss […]
Read More
Chinese Tech Firm Sets Ambitious Plans for Digital Nursery in Cambodia
To enhance global investment opportunities, 86Links Co., Ltd., a leading Chinese tech firm, seeks to collaborate with the Cambodian government to establish a cutting-edge digital technology nursery. This initiative aims to position Cambodia as a prime destination for international investors, fostering economic growth and innovation within the region. During a productive meeting on January 16, […]
Read More
Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
In a landmark event on January 17, 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]
Read More
Phnom Penh Autonomous Port Reported Significant Growth in 2024
In a remarkable showcase of economic activity, the Phnom Penh Autonomous Port (PPAP) has reported impressive financial and operational results for the year 2024. According to a press release dated January 14 and 16, 2025, the port generated a total revenue of $41,588,172, marking an increase of 21% compared to 2023. This achievement was fuelled […]
Read More
Banteay Meanchey Irrigation Development Project Exceeds 64% Completion
The Irrigation Development Project for Flood Reduction (IDFMP) in Banteay Meanchey province has made significant progress, achieving a completion rate of over 64%. The project is on track for completion by mid-2026, as reported by a working group from the Ministry of Water Resources and Meteorology on January 15, 2025. Progress highlights include: Restoration of […]
Read More
Emerging Green Journey: Cambodia’s Electric Vehicle Boom in 2024
In 2024, Cambodia experienced a remarkable increase in electric vehicle registrations, reaching a total of 2,253—a staggering 620% rise compared to 2023. HE Phorn Rim confirmed this, the Ministry of Public Works and Transport spokesman, on January 15, 2025. This substantial growth indicates a positive shift towards green transportation in Cambodia. HE Phorn Rim stated, […]
Read More
China Approves Highest & Largest Hydropower Dam in Tibet Worth USD 127 Billion Amid Global Concerns
China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about […]
Read More
Experience Prosperity this Lunar New Year with Unmissable Offers from Borey Peng Huoth!
In celebration of the vibrant and auspicious Chinese New Year, Borey Peng Huoth is thrilled to announce a sensational promotion that is perfect for families and businesses seeking their dream homes. From now until 31 January 2025, join us in experiencing the spirit of the season with exclusive discounts and offers designed to bring joy […]
Read More
Cambodian Government Exempts Local Cement Industry from Special Tax for Two Years
The Royal Government of Cambodia has announced a significant measure to support the local cement industry by waiving the special tax for a period of two years. This decision, outlined in a Prakas from the Ministry of Economy and Finance dated 14 January 2025, is aimed at easing the financial burden on the industry. During […]
Read More