Singapore Launching First Taxi Drone Service in Early 2024

Singapore will use a modern and innovative way of transporting tourists to get new experiences and excitement with a 12-kilometre air drone that can fly up to two passengers. According to The Straits Time published on 12 July. This type of taxi drone was developed by the German company Volocopter and is expected to go […]

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Gov’t Aims to Transform Cambodia into Automotive & Electronic Component Production Hub

The Royal Government of Cambodia aims to turn the country into a hub for the production of auto and electronic components as part of economic diversification and economic recovery in the aftermath of the COVID-19 crisis. This vision is set out in a draft roadmap for the development of the automotive and electronics sectors in […]

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Cambodia Imports US$185m of Iron & Steel in First Half of 2022

Cambodia imported a total of US$185 million worth of iron and steel in the first quarter of the year, up 20% from the same period last year. According to the General Department of Customs and Excise, the volume of steel and steel imports contributed about 1.2% of the total import value of US$15,864 billion, an […]

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MPWT Warns Vehicles Not to Travel on Phnom Penh-Sihanoukville Expressway

The Ministry of Public Works and Transport (MPWT) has announced that it will not allow any type of vehicle to travel on the Phnom Penh-Sihanoukville Expressway under the pretext of avoiding interference with the construction process and other accidents during travel. This is according to the announcement of the ministry on 12 July 2022. To […]

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Facilities for RCAF English Language Training​​ worth over US$25 Thousand officially Inaugurated

A new building and facilities at the College of Social Sciences and Languages (CSSL) of the Royal Cambodian Armed Forces (RCAF) worth over US$25,000 funded by the Australian government have been inaugurated. The ribbon was cut by H.E. Pablo Kang, the Australian Ambassador to Cambodia, and H.E. GEN Chea Tara, Rector of National Defence University […]

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Thailand Pledges to Finish US$12 Billion High-Speed Rail Link to China by 2028

Thailand has pledged to complete its part of a much-delayed high-speed rail system linking the country to China through Laos by 2028, which is a link to Yunnan, China via Nong Khai, Laos, according to Bloomberg published on 06 July 2022. Thailand will complete the first of two stages of construction, and expects a test […]

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Australia Supports Cambodia to Improve Physical Accessibility for Persons with Disabilities

Australia has supported Cambodia to improve physical accessibility for persons with disabilities through a dissemination workshop on the Physical Infrastructure Design Standards on Accessibility for Persons with Disabilities. Through the Australia-Cambodia Cooperation for Equitable Sustainable Services (ACCESS), the workshop was held on 01 July 2022. This dissemination workshop aimed to promote the implementation of technical […]

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EU Plans Investment in World’s Tallest Dam to Dent Russia’s Energy Clout

The European Union plans to become the top investor in the world’s tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of the EU’s answer to China’s Belt and Road Initiative. The Rogun Dam is expected to cost around US$8 […]

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PM Hun Sen: Gov’t to spend approx. US$100m in electricity loss this year

The Cambodian government estimates that in 2022, Cambodia may lose approximately US$100 million of the national budget to electricity expenses, due to rising fuel prices caused by the Russia-Ukraine war. Cambodian Prime Minister Samdech Hun Sen stated on 6 July that investment in electricity has already been operating at a loss; however, the government decided […]

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CDC to attract more foreign investment through new investment law

The Council for the Development of Cambodia (CDC) has announced Cambodia is ready to facilitate all types of investment, especially foreign direct investment through its newly-enforced investment law. CDC Secretary-General HE Sok Chenda Sophea said during the 6th “ASEAN-Italy High-Level Dialogue on Economic Relations” in Malaysia that Cambodia has been actively amending policies to help […]

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