Local News
Cambodia’s Economic Odyssey: Anticipated 6.4% Growth in 2024
The economic landscape of Cambodia is poised for robust expansion, with the National Bank of Cambodia forecasting a growth rate of approximately 6.4% in 2024. This optimistic projection, surpassing the 5.5% estimate for 2023, hinges on key sectors such as tourism, manufacturing, agriculture, and construction. In its comprehensive report on the economic and banking sector […]
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Tbong Khmum Governor Courts Malaysian for High-Stakes Renewable Energy Venture
HE Cheam Chansophorn, Governor of Tbong Khmum Province, spearheaded discussions with the prominent Malaysian renewable energy powerhouse, Sunview Group Berhad, represented by its subsidiary Fabulous Sunview Sdn on January 15, 2024. The agenda focused on enticing the Malaysian giant to channel investments into transformative projects centered around renewable energy and poverty reduction within Tbong Khmum […]
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OCIC Group and French Partners Unveil Plans for Cutting-Edge Coding School in Koh Pich
In a landmark collaboration, OCIC Group, a prominent Cambodian real estate developer, has joined forces with French company Platform Impact to establish a world-class coding school in Koh Pich, Cambodia. The Memorandum of Understanding (MOU) was signed during the Cambodia Delegation visit to France, in the presence of Prime Minister Hun Manet, at Medef, as […]
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ADB Affirms Support for Second Doppler Radar Station at Takhmao New Airport
The Asian Development Bank (ADB) has reiterated its commitment to finance the installation of the second Techo Sen Doppler Radar station. The designated location for this advanced meteorological infrastructure is Techo Takhmao International Airport in Kandal Stung district, Kandal province. This affirmation was revealed in a recent meeting between HE Tho Chetha, Minister of Water […]
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Mizuda Sanitation Unveils Ambitious Plan to Transform Phnom Penh’s Waste into Electricity
Mizuda Sanitation (Cambodia) Co., Ltd., a key waste collection operator in Phnom Penh for the past three years, is gearing up to venture into electricity generation from waste. The revelation came during a meeting between Mr Shan Jianming, President of Mizuda Group, and Samdach Hun Manet, Prime Minister, on 29 January 2024. Mr Shan Jianming […]
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US WMF Restores Glory & Hands Over Three Angkor Temples Upon Maintenance Completion
In a momentous ceremony marking the 35th anniversary of its mission, the United States World Monument Fund (WMF) officially handed back three meticulously restored Angkor temples to the Apsara Authority. Presided over by Dr Pheung Sakona, Minister of Culture and Fine Arts, the handover on 26 January 2024, signifies the successful completion of extensive restoration […]
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Tbong Khmum Governor Courts Malaysian Giant for High-Stakes Renewable Energy Venture
HE Cheam Chansophorn, Governor of Tbong Khmum Province, spearheaded discussions with prominent Malaysian renewable energy powerhouse, Sunview Group Berhad, represented by its subsidiary Fabulous Sunview Sdn on 15 January 2024. The agenda focused on enticing the Malaysian giant to channel investments into transformative projects centred around renewable energy and poverty reduction within Tbong Khmum province. […]
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Monivong Flyover Reaches Significant Milestone: Officially Connected, 80% Complete
The Monivong flyover, spanning the intersection of Monivong Blvd., Samdech Techo Hun Sen Blvd., and Yothapol Khemarak Phoumin Blvd (St. 271), has achieved a dual milestone. The official connection of the flyover’s main line was celebrated at a bridge connection ceremony presided over by HE Khuong Sreng, Governor of the Board of Governors of Phnom […]
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CamGSM Secures US$70m for Telecom Upgrading for 5G Internet Backed by GuarantCo Guarantee
In a landmark move, Cambodian telecommunications leader CamGSM, popularly known as Cellcard, has successfully raised US$70 million through a bond issue, fortified by a GuarantCo Guarantee, signalling a significant stride in the augmentation of its telecom infrastructure, according to Realassets.ipe.com on 24 January 2024. The substantial capital infusion from the bond and accompanying loan is […]
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KOICA’s Propels Cambodia’s Socio-Economic Development with US$366.5m Investment
KOICA has played a pivotal role in Cambodia’s socio-economic advancement, channelling a substantial investment of over US$366.5 million. This extensive support, spanning from 1991 to 2023, underscores the unwavering commitment of KOICA to fostering progress in Cambodia. The profound impact of KOICA’s Official Development Assistance (ODA) is evident across key sectors, with a strategic focus […]
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