WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth
In a move poised to boost Cambodia’s economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal […]
COP29 Dispatch: How Digital Twins Can Fortify Infrastructure Against Fierce Storms
By Chris Noon The United Nations calls climate change primarily a water crisis, bringing too much or too little water to the wrong places at the wrong time. Spain’s Valencia province is the latest example. Weeks after deadly flooding swept away bridges and buildings, tens of thousands of volunteers are still digging out their towns […]
Cambodia-ASEAN Trade Volume to Exceed USD 14 Billion in 2024
In 2024, the trade volume between Cambodia and ASEAN member countries surpasses USD 14.3 billion, marking a significant increase of 12.8% compared to the same period in 2023. This data comes from a recent report by the Ministry of Commerce. According to the report, Cambodia’s exports to ASEAN countries amounted to over USD 4.620 million, […]
Cambodia’s Steel Imports Surge by Nearly 70% in 2024
The construction sector in Cambodia is experiencing significant growth, as evidenced by the substantial increase in steel imports. In 2024, Cambodia imported over USD 631 million worth of steel, marking a remarkable 69.6 percent rise compared to the previous year’s imports of just over USD 372 million. This data was reported by the General Department […]
ISI Special Economic Zone Launches and Boosts Investment Growth in 2025
ISI Special Economic Zone, a new landmark development spanning over 800 hectares in Sihanoukville spearheaded by Cambodia’s esteemed ISI GROUP in collaboration with capital partners, is officially unveiled today during a grand launch ceremony at the ISI TOWER — ISI GROUP’s headquarters in Phnom Penh. (From left to right: Mr. Kang Sen, Executive Director of […]
Cambodia and Korea Strengthen Economic Partnership in 2024
The bilateral trade volume between Cambodia and the Republic of Korea has surged to USD 762 million by the end of 2024, marking an impressive increase of 11.49 percent compared to the previous year, according to a report from the Ministry of Commerce. Cambodia’s exports to Korea have reached USD 288 million, reflecting a robust […]