Guangxi Positions Itself as a Digital Silk Road Hub, Achieving 182% Trade Growth with ASEAN
Guangxi Zhuang Autonomous Region is stepping up efforts to solidify its position as a key hub for the Digital Silk Road, driving high-quality digital economy growth and strengthening ASEAN cooperation through the China-ASEAN Information Port. Officials announced that the region achieved an impressive 182% year-on-year trade growth with ASEAN in the first three quarters of […]
Japanese Ship to Make Historic First Docking at Cambodia’s New Ream Port
Samdech Techo Hun Sen, President of the Senate of Cambodia, confirmed that a Japanese ship will be the first vessel to dock at the newly inaugurated Ream Port. This historic event underscores the growing cooperation between Cambodia and Japan, particularly in security and infrastructure development. The commitment was made during a meeting with HE Akiba […]
Cambodian Banks Cut Interest Rates to 8% to Revive Real Estate Sector
To boost Cambodia’s struggling real estate sector, leading banking and financial institutions have announced a significant reduction in interest rates for real estate loans, cutting rates to 8% annually. This decision, aimed at reducing financial burdens on homebuyers and revitalising the housing market, follows a Construction and Real Estate Working Group “D” meeting chaired by […]
Global supply chains are shifting away from China, with Cambodia well-positioned to seize the opportunity
The rapid diversification of manufacturing across Southeast Asia is reshaping global supply chains as the region emerges as a key beneficiary. Chinese companies are increasingly implementing the China Plus One strategy, through which additional manufacturing bases outside China are being established to reduce disruption to domestic supply chains. This strategy, coupled with rising foreign direct […]
SHV Multi-Purpose Economic Zone Targets USD 20 Billion Investment to Transform the Province
Sihanoukville’s ambitious multi-purpose economic zone development project is set to attract over USD 20 billion in investments from private sector investors and international development partners over the next 15 years. This transformative initiative, championed by the Cambodian government, aims to revitalise the province’s economy, elevate local incomes, and establish Sihanoukville as a leading logistics hub […]
SHV Province Enhances Safety with 433 Security Cameras Across 533 Strategic Locations
In a major stride towards improving public safety, Preah Sihanouk Province has successfully installed 433 new security cameras across key strategic locations. This advanced surveillance network, which includes 533 monitoring points throughout Sihanoukville, was unveiled during a press conference led by His Excellency Mang Sineth, Governor of Preah Sihanouk Province, with over 60 journalists in […]