Local News
Cambodia and ITF Collaborate to Enhance ASEAN Transport Connectivity
Cambodia is partnering with the International Transport Forum (ITF) to improve regional transport connectivity within the Southeast Asian region. Representatives from approximately 60 ITF member countries and officials from relevant institutions recently gathered to discuss a project aimed at reducing the transportation gap between countries in the region to lower the cost of shipping and […]
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Cambodia launches US$53m power expansion projects with concessional loans from Japan
Cambodia has officially launched two major power expansion projects worth over US$53 million under the framework of concessional loans and grants of the Royal Government of Japan. These projects aim to strengthen the power supply capacity in Phnom Penh and the southern economic corridor of Cambodia. The inauguration ceremony was presided over by HE Suy […]
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Svay Rieng Province’s Strategic Border Checkpoints and Customs Revenue Surges to US$400m in 2022
Svay Rieng province’s strategic location on the Cambodian-Vietnamese border has facilitated the opening of eight border gates, including two international and two bilateral gates, as well as four regional gates. This was highlighted by HE Men Vibol, Governor of Svay Rieng Province, during a press conference on April 27, 2023, where he presented the province’s […]
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Svay Rieng Province Flourishes with 12 Special Economic Zones and 264 Factories
Svay Rieng Provinc has emerged as a thriving business hub with the establishment of 12 special economic zones since 2005. According to HE Men Vibol, Governor of Svay Rieng Province, nine locations are currently operational, hosting a total of 264 factories, enterprises, and establishments, providing employment to over 94,000 workers. Of these, 146 factories are […]
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New Road from NR 4 to Bokor Mountain Now Accessible to Off-Road Vehicles
The Thansur Sokha Hotel has confirmed that the 61-kilometer road project connecting National Road 4 to Bokor Mountain is now accessible to off-road vehicles. According to their official Facebook page on April 25, 2023, the road is open for high-wheel drive vehicles (4WD) and large motorcycles. The completion of the clearing work on April 1 […]
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Singapore Doubles Property Tax for Foreign Buyers in Effort to Cool Market
In a move to address concerns over the affordability of housing for locals and maintain its position as a competitive financial hub, Singapore has raised taxes on property purchases. The Ministry of Finance, National Development Ministry, and Monetary Authority of Singapore have jointly announced that stamp duties for foreign buyers will increase from 30% to […]
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Cambodia to Establish Embassy in Brazil to Strengthen Diplomatic Ties
The Royal Government of Cambodia has recently announced its decision to establish an Embassy of the Kingdom of Cambodia in the Federal Republic of Brazil, according to Sub-Decree No. 77 issued on 24 April 2023. The Embassy, located in the capital city of Brasilia, will be headed by a Chief of Mission who will have […]
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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia
Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, […]
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PP-SR Expressway Runs Through 5 Cities-Provinces while the feasibility study will end in May
The Cambodian government is moving forward with the Phnom Penh-Siem Reap Expressway project, which will connect the two cities by crossing five provinces, according to a feasibility study set to be completed by the end of May. Senior Minister of Public Works and Transport, HE Sun Chanthol, recently confirmed the progress of the project, stating […]
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Gov’t Approves 7 Investment Projects Worth Over US$ 60M in Kampong Speu, Kandal and Phnom Penh
The Investment Committee of Cambodia of the Council for the Development of Cambodia (CDC) has announced its approval of seven investment projects worth over US$60 million. The projects will establish factories in Kampong Speu, Kandal, and Phnom Penh, and are expected to create 11,867 new job opportunities for Cambodian people. Among the approved companies is […]
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