Japan’s Generosity Paves the Way for Progress: Over US$420k Granted for Vital Projects in 3 Cambodian Provinces

In a gesture of strong bilateral ties, the Embassy of Japan in Cambodia has allocated a generous sum of US$424,907 to kickstart pivotal projects across three provinces. The signing ceremony for the Small-Scale Human Security Project (Kusanoni Grant) on 14 November 2023, marked the commencement of these transformative initiatives. The Acting Chargé d’Affaires of the […]

Read More

Japan’s Additional US$350,000 Grant Paves Way for Educational & Clean Water Advancements in Cambodia

The Government of Japan has allocated a substantial sum of nearly US$350,000 to foster education and enhance clean water access in Cambodia. This benevolent initiative is facilitated under Japan’s economic cooperation framework, specifically, the Grant Assistance for Grassroots Human Security Projects, known as the “KUSANONE” Grant. A significant portion of the grant, amounting to US$92,425, […]

Read More

Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024

Cambodia’s Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation’s burgeoning interest in the stock market, according to the Cambodia Investment Review​ update […]

Read More

Cambodia’s Water & Sanitation Transformation: World Bank-Funded Project Reaches 36% Completion

In a significant step towards enhancing water supply and sanitation across Cambodia, a project supported by a US$55 million loan from the World Bank has reached an impressive 36.36% completion as of October 2023. The remarkable progress was the focal point of the meeting held on 6 November 2023, chaired by HE Dr. Ros Vanna, […]

Read More

Japanese Aid Breathes New Life into Angkor Wat’s West Porch – Officially Inaugurated

A vibrant moment of cultural preservation and international collaboration took center stage as the west porch of Angkor Wat, a priceless cultural treasure, was officially inaugurated. This triumph comes as a result of a steadfast partnership, with the Government of Japan providing over $100 million in crucial assistance to Cambodia, dedicated to the preservation of […]

Read More

Major Chinese Firm Looking for SEZ to Infuse US$500 Million in Cambodia

In a significant development that marks a vote of confidence in Cambodia’s burgeoning economic landscape, a major Chinese company is set to funnel US$500 million into the kingdom while studying the location of two special economic zones for its production. The investment aims to fuel growth and prosperity in the region while also serving as […]

Read More

Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024

The Cambodian Government is set to embark on a transformative journey by seeking international loans exceeding US$2.2 billion (IMF’s international reserving fund that can be converted into cash on demand). This dynamic endeavor, unveiled within the summary of the draft law on finance for management in 2024, is a testament to the nation’s unwavering commitment […]

Read More

Chinese Cart Tire Firm Plans to Infuse Additional US$208 Million to Expand its Business in Svay Rieng

In a testament to Cambodia’s thriving business landscape, Cart Tire, a prominent tire manufacturer nestled within the Qilu Special Economic Zone, is primed to fuel its growth with an ambitious US$208 million investment. This strategic move, earmarked for the expansion of Cart Tire’s existing operations into phase III, reflects the company’s dedication to both its […]

Read More

Gov’t to Issue US$180m in Securities to Manage State Securities

The Cambodian government is set to issue an additional US$180 million in securities in 2024. This announcement, disclosed in the summary of the 2024 Finance Management draft law by the Ministry of Economy and Finance, underscores Cambodia’s commitment to optimizing its financial resources. The newly issued state securities, amounting to 440 billion riels or US$108 […]

Read More

Four Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets

A consortium of European giants, including Airbus, DHL, Roche, and Lidl & Kaufland, are setting their sights on Cambodia, keen to explore the prospects of expanding their production within the burgeoning Southeast Asian nation. This strategic move was unveiled during a pivotal working meeting, held on 24 October 2023, orchestrated by the EU-ASEAN Business Council […]

Read More