SPC Group’s Strategic Move into Cambodia’s Agro-Industry: A New Chapter in Global Food Export
Australia’s SPC Group has announced its intention to invest in Cambodia’s food and fruit processing industry. This decision was revealed during a meeting between Cambodian Prime Minister Samdech Hun Manet and Mr. Neil Brimacombe, President of SPC Group, on the sidelines of the ASEAN-Australia Special Summit held in Melbourne, Australia, on 5 March 2024. SPC […]
Read MoreFreshStart Energy Explores Cutting-Edge Technology Investment for Electronification in Cambodia
FreshStart Energy, a subsidiary of FreshStart, revealed its keen interest in investing in Cambodia’s energy sector. CEO & President of FreshStart Energy, Mr. Mario Vecchio, conveyed the company’s intent to leverage advanced technology for efficient electricity management in the kingdom. This intention was revealed in a pivotal meeting during the ASEAN-Australia Special Summit in Melbourne, […]
Read MoreEnserv Holding Australia Explores Investment in Transformative Sorghum Processing for Biogas & High-Protein Rice in Cambodia
Enserv Holding Australia has conveyed its keen interest in investing in sorghum processing in Cambodia in a meeting with Prime Minister Hun Manet and Mr. Tanachat Pochana, the company’s President, during the ASEAN-Australia Special Summit in Melbourne on 4 March 2024. The company envisions leveraging sorghum to produce low-calorie, high-protein rice, with an added focus […]
Read MoreMong Reththy Sen Chey Agro-Tourism Resort Prepares to Unveil 10km Trunk Road by End of 2024
In a significant development, the eagerly awaited 9,600-metre trunk road at the Mong Reththy Sen Chey agro-tourism resort in Kampong Speu province is set to welcome national and international tourists by the conclusion of 2024. This news comes from the development area within the Mong Reththy Sen Chey agro-tourism resort. The infrastructure project, encompassing a […]
Read MoreAngkor Ticket Sales Surge, Raking in Over US$11m, 52% Increase, in First Two Months of 2024
In a remarkable achievement, Cambodia has witnessed a substantial increase in revenue from Angkor ticket sales during the initial two months of 2024, totalling an impressive US$11,234,675. The report, released by the Angkor Institute on 1 March 2024, reveals a remarkable surge of 52.09% compared to the corresponding period in 2023. During February 2024 alone, […]
Read MoreBentley Digital Technology Saves China Nearly a Year & Saves More Than US$8 million on 6.5m/m2 Reservoir Project
Nestled along the scenic Woken River in Heilongjiang, China, the Taoshan Reservoir, fondly known as the “Little West Lake” of Qitaihe City, stands as a testament to modern water management excellence. Serving as a linchpin for flood control, urban water supply, and the holistic utilization of farmland irrigation and aquaculture in Heilongjiang province, this reservoir […]
Read MoreAustralian Conglomerate FreshStart Eyes Major Investments Across Cambodia’s Key Sectors
Aegros and FreshStart Logistics, a subsidiary of FreshStart, have unveiled plans to significantly expand their investments in Cambodia, targeting three pivotal sectors: logistics, energy, and healthcare. This strategic move was disclosed during a meeting between Mr. Daniel Phillips, President of FreshStart Company, and Prime Minister Hun Manet at the ASEAN-Australia Special Summit in Melbourne on […]
Read MoreChina Extends Generous US$7.2m Grant for Council of Ministers’ Friendship Building Renovation
In a significant gesture of enduring friendship and collaboration, China has bestowed Cambodia with a substantial grant of 53.2 million yuan (US$7.3 million) earmarked for the renovation of the Friendship Building within the Council of Ministers, according to the official Facebook page of the Office of the Council of Ministers on 5 March 2024. The […]
Read MoreAustralia Commits US$262 Million to Boost ASEAN Maritime and Development Initiatives
In a significant move to strengthen development and security in Southeast Asia, Australia has announced an infusion of an additional US$262.5 million into its programs in the region. This financial commitment was unveiled by Foreign Minister Penny Wong at the outset of the ASEAN-Australia Special Summit held in Melbourne on Monday, 4 March 2024, according […]
Read MoreCambodia-Thailand Partnership to Prevent Wildfires, Take Another Step After Setting Up “Joint-Emergency Hotline”
In a groundbreaking development, Thailand and Cambodia have embarked on a collaborative venture to establish a special working group dedicated to wildfire prevention, marking a significant step towards enhanced disaster management. This initiative comes in response to the recent identification of multiple wildfire hotspots within Cambodia, underscoring the urgent need for concerted efforts in tackling […]
Read MoreGov’t Launches Stringent Crackdown on Illicit Gold Mining Operations in Mondulkiri Province
In a decisive move to curb illicit gold mining activities, the Ministry of Mines and Energy (MME) has initiated a rigorous campaign targeting unruly operations in Me Sam, Chong Plas commune, Keo Seima district, Mondulkiri province, according to the ministry’s press release dated 2 March 2024. This renewed crackdown comes as a response to the […]
Read MoreJapanese Firm Invests Over US$1m in Kampong Thom Cashew Processing Plant Expansion
Japanese company MIRARTH GreenTech has initiated the expansion of its cashew processing plant in Trapeang Arak village, Chey commune, Kampong Svay district, Kampong Thom province. The development, costing upwards of US$1 million and to be implemented from April to June, aims to tap into broader export markets for Cambodia. The groundbreaking ceremony, held under the […]
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