Local News
EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development
The European Union (EU) has reaffirmed its unwavering dedication to Cambodia’s advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European […]
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Gov’t Bans Fishing & Docking Near Submarine Power Lines
The Preah Sihanouk Provincial Administration has instituted a significant measure prohibiting fishing and docking activities at specific locations along the submarine power lines concealed beneath the seabed in Sihanoukville and Koh Kong provinces effective from 16 August 2023. This regulatory action, born out of a proactive stance towards safeguarding the country’s maritime assets, has far-reaching […]
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Kampong Speu Prepares for Influx of 25 Chinese Factories by Year End
By the close of 2023 or early 2024 at the latest, Kampong Speu anticipates the establishment of 25 factories from Chinese investors seeking to establish a significant industrial foothold. This ambitious endeavour was unveiled through an official announcement on 15 August 2023, featured on the Facebook page of HE Vy Samnang, Governor of Kampong Speu […]
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Angkor Tiger FC to Construct 5,000-Seat Stadium in Siem Reap
Angkor Tiger Football Club has announced an ambitious endeavour that is set to reshape Siem Reap’s sports landscape. Anticipated to resonate with cheers from 5,000 dedicated fans, this stadium stands as a symbol of the club’s profound commitment to sportsmanship and community engagement. The signing of a momentous Memorandum of Understanding with Fuxin Steel Building […]
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Battambang City’s Independence Monument & Historical Park Officially Inaugurated
The long-awaited Samdech Krala Hom Park Independence Monument, Suon Thnong 53 Independence Monument and Betim Rubber Road in Battambang city, a captivating fusion of architectural marvels and lush landscapes, was inaugurated on 16 August 2023, presided over by Samdech Krala Hom Sar Kheng, Deputy Prime Minister and Minister of Interior. The legacy of the Independence […]
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Thailand Exploring Investment Prospects & Collaborative Ventures Across Three Cambodian Locations
A high-level delegation from the Thai Chamber of Commerce has embarked on a comprehensive exploration of three strategic special economic zones within Cambodia. This concerted effort seeks to unravel the rich tapestry of trade, investment, and partnership opportunities, poised to contribute an estimated US$2 billion to the economic landscape. The announcement follows a significant meeting […]
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Strategic Alliance Formed: Four Institutions to Combat Counterfeit Goods Using Innovative Technology
Four key state institutions have forged a groundbreaking Memorandum of Understanding (MoU) aimed at tackling the menace of counterfeit goods. The official signing ceremony took place on 14 August 2023, heralding a new era in the battle against illicit and harmful products. Under the aegis of this MoU, the Management Enterprise of Transfer Stations and […]
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Danong Development Group: Pioneering a US$12.7bn Agro-Industry Revolution Across Six Cambodian Provinces
In a landmark move poised to redefine Cambodia’s agricultural landscape, China’s Danong Development Group has unveiled a visionary investment initiative, setting its sights on a colossal investment of over US$12.7 billion spanning six strategic provinces. The announcement, unveiled during an exclusive press conference by BDN TV online on 14 August marks a monumental leap forward […]
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Cambodia Pioneers Energy Efficiency with New Electrical Appliance Management Sub Decree
In a resolute move towards sustainable energy practices, the Cambodian government has introduced a groundbreaking sub-decree aimed at enhancing the energy efficiency of electrical appliances across the nation. Unveiled under Sub-Decree No. 254, dated 11 August 2023, the legislation outlines a comprehensive framework to govern the responsible use of electricity by mandating adherence to specified […]
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Cambodia’s Ambitious Climate Agenda Requires US$7.8 Billion for Implementation
Cambodia has set its sights on robust climate change protection, with a financial requirement of approximately US$7.8 billion to realize its commitments under the United Nations Framework Convention on Climate Change (Nationally Determined Contribution: NDC). HE Tin Ponlok, a key advocate for Cambodia’s environmental priorities, emphasized this need during a productive bilateral working meeting with […]
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