Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN
Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the […]
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Salt of the Earth: Kampot’s Thriving Industry Set to Produce 100,000 Tons Annually
In a testament to Kampot province’s growing significance in the salt industry, it currently boasts an expansive 3,489 hectares of salt farms and a network of 560 salt warehouses. The Acting Director of the Department of Industry, Science, Technology, and Innovation, Ms Sim Nary, revealed that this extensive infrastructure positions Kampot to yield an impressive […]
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Green Horizon 2050: Cambodia’s Ambitious Forest Cover Pledge and International Nursery Initiative
The Ministry of Environment, under the leadership of HE Eang Sophalleth, has unveiled plans to elevate the nation’s forest cover to an impressive 60% by the year 2050. The ambitious strategy includes the establishment of international-scale nursery stations across four provinces, as announced during a meeting with ministry leaders and civil servants on 22 January […]
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Cambodia & France Forge €215 Million Partnership for Energy Revolution
Cambodia and France have inked three pivotal Memoranda of Understanding (MoUs) to propel the development of renewable energy, marking a significant stride towards advancing Cambodia’s energy landscape. The Ministry of Mines and Energy unveiled this transformative initiative through a press release on 19 January 2024. The trio of MoUs, orchestrated between the Ministry of Mines […]
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Tonle Snguot Park: A Transformative Oasis Unveiled in Tbong Khmum Province
The Ministry of Environment unveiled its ambitious plans for the Tonle Snguot Park in Thnal Keng village, Preah Theat commune, Ou Raing Ov district, Tbong Khmum province. The 14-hectare dry river area is set to undergo a remarkable transformation into a haven for tourists. The groundbreaking ceremony was presided over by HE Eang Sophalleth, Minister […]
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While China-Western Trade Tension Increases, China-ASEAN Trade Increases, with US$616bn Surge Projected
In the face of persistent trade tensions and escalating barriers between China and the West, a new analysis by Boston Consulting Group (BCG) forecasts a substantial surge in trade between China and the Association of Southeast Asian Nations (ASEAN). According to a zawya.com report on 9 January 2024, this burgeoning economic partnership is poised to […]
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Cambodia’s Swift Strides in Land Titling with 5 Million Allocated, 5 Million More in Progress
In a concerted effort towards securing land tenure and minimising disputes, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) has achieved a commendable milestone by delivering approximately 5 million land titles to the people. With an additional 2 million titles in ongoing distribution, the government remains steadfast in its commitment to resolving the […]
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HE Sok Siphana: China to Increase Investment with Cambodia in 2024
A promising outlook for Cambodia-China economic and trade cooperation in 2024 has been painted by Sok Siphana, senior minister and Chairman Emeritus of the Board of Directors of the Asian Vision Institute. Mr Sok envisions a year of deeper collaboration, emphasising that the steadily increasing bilateral trade and investment volumes between the two nations will […]
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Thailand’s Visionary Leap: US$8.8bn ‘Eastern Aviation City’ Set to Soar in Easter Provinces
In a groundbreaking venture, Thailand is poised to construct the ambitious ‘Eastern Aviation City,’ a cutting-edge transportation hub set to revolutionize the nation’s east coast. With a staggering budget of US$8.8 billion, this transformative project encompasses the expansion of U-Tapao International Airport and the birth of Eastern Airport City, marking it as Thailand’s most expansive […]
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Kampong Speu Strides Towards Land Harmony: Nearly 1,000 Villages Registered, Completing Vision 2025
The Kampong Speu Provincial Administration, in collaboration with a dedicated working group, has achieved the systematic registration of land in 998 villages across 64 communes/Sangkat in nine cities and districts. The comprehensive effort encompasses 579,764 plots, with 522,637 plots successfully entered, 571,441 plots mapped, and 426,583 letters officially signed as of 8 January 2024. A […]
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Blue Circle Eyes Potential 100MW of Wind Power Generation in Cambodia with Plans for Future Expansion
Blue Circle, a global leader in wind power generation, is eyeing significant opportunities for wind energy investment in Cambodia. During a courtesy meeting with Samdech Hun Manet, Prime Minister of Cambodia, in Paris on 15 January, France, Olivier Duguet, President and CEO of Blue Circle, expressed optimism about the country’s potential for sustainable wind power […]
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Apsara Authority Unveils New Bicycle Bridge for Seamless Touring Enhancing Angkor’s Charm
The Apsara Authority has completed the construction of the Ta Keo Temple Bicycle Road Bridge to elevate the cycling experience for tourists exploring the magnificent Angkor resort. This latest addition aligns with the ongoing efforts since 2020 to establish a dedicated bicycle lane spanning over 23 kilometres including four bridges across the river within the […]
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