KENPAX Announces Major Investment in Kampot Province with New Medical Equipment Factory
In a significant boost for local employment, Chinese company KENPAX has revealed plans to establish a large medical equipment factory in Kampot province, with construction set to commence in mid-March 2025. This initiative is projected to create approximately 3,000 jobs, offering a promising opportunity for residents. The announcement was made during a meeting on February […]
Progress on the National Road 48 Improvement Project
As of February 25, 2025, the restoration and upgrade of National Road 48, stretching 148 kilometres from Sre Ambel to Koh Kong, has reached an impressive completion rate of 88.45%. The project, which aims to enhance the road’s quality to boost transportation, logistics, and tourism along this vital economic corridor, is on track for completion […]
Companies Raise USD 475 Million in Capital Markets, Promising Growth Ahead
As of February this year, listed companies in Cambodia have successfully raised a total of USD 475 million from the capital market, according to H.E. Hong Sok Hour, CEO of the Cambodia Securities Exchange (CSX). During his address at the ACLEDA Bank subordinated bond listing ceremony on February 24, H.E. Hong announced that CSX currently […]
Japan Boosts Phnom Penh’s Emergency Services with Over USD 200,000 in Grants
The Japanese government has announced a significant contribution of over USD 200,000 to support two critical projects aimed at enhancing emergency response capabilities in the Phnom Penh capital. The funding comes through a grant agreement for a small-scale human security project known as Kusanone. The financial assistance will be allocated to two key initiatives. The […]
Cambodia Marks Significant Milestones in Landmine Clearance Efforts
On the occasion of the 26th National Mine Awareness Day, celebrated on February 24, 2025, Prime Minister Samdech Thip Dei Hun Manet highlighted the remarkable achievements in Cambodia’s ongoing mine clearance campaign over the past 32 years. Since its inception in 1992, the initiative has successfully cleared nearly 3,300 square kilometres of land across 15 […]
USAID’s Withdrawal Paves the Way for China’s Expanding Influence in Cambodia and ASEAN
The abrupt freezing of USAID funding under the Trump administration has halted vital infrastructure and development projects across Southeast Asia, leaving a geopolitical vacuum that China is poised to fill. With USAID’s cessation, critical services in Cambodia—including healthcare, education, and demining efforts—face significant disruption. The United States, which allocated nearly USD 68 billion in foreign […]