Business and Market
KOJIMA HOLDINGS Plans to Build Cassava-Based-Bio Ethanol Plant in Cambodia
KOJIMA HOLDINGS Co., Ltd, a Japanese-based company, has expressed interest in investing in the production of ethanol made from cassava using modern technology and equipment in Cambodia. This move is aimed at reducing carbon dioxide emissions in the country. The company has submitted a proposal for the “Cassava Based-Bio Ethanol Production Plant in Cambodia” to […]
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Royal Group and Keppel Energy sign deal to export 1k Mw renewable energy to Singapore via submarine power line
Cambodia’s Royal Group Power Company Ltd (RGP) and Singapore’s Keppel Energy Pte Ltd (KE) have signed a power purchase agreement for the export of renewable energy generated through a submarine power line from Cambodia to Singapore. The deal allows Cambodia to export 1000 Mw of renewable energy to Singapore via submarine high-voltage transmission, and the […]
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Cambodia and UAE to Sign Comprehensive Economic Partnership Agreement
Cambodia and the United Arab Emirates (UAE) have finalized the negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA), which will be signed later this year. The agreement aims to diversify export markets and promote Cambodia’s economic integration into the region and the world. Minister of Commerce H.E. Pan Sorasak and H.E. […]
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Russians Overtake Chinese to Become Biggest Phuket Condo Buyers as Russia-Ukraine War Continues
Amidst the ongoing conflict between Russia and Ukraine, Russian investors have become the leading purchasers of condominiums in Phuket, Thailand, overtaking Chinese buyers from the top spot. “Last year, Russians became the leading purchasers of condominiums on the island, dislodging Chinese buyers from the top spot. According to Thailand’s Real Estate Information Centre, 40% of […]
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PM Hun Sen: Cambodia Aims to Be the World’s Largest Cashew Nuts Exporter
Cambodian Prime Minister Hun Sen has expressed his support for the domestic cashew production industry to drive Cambodia to become the world’s largest producer of cashew nuts. During his speech at the 7th River Festival in Kampong Thom province, PM Hun Sen emphasised the potential of Cambodia’s cashew products, stating that they are of good […]
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Chinese Company Invests US$200m to Build New Tyre Plant in Kratie
Qingdao Double Star Group, a Chinese car tyre manufacturer, has announced plans to invest US$210 million in a new greenfield tyre manufacturing plant in Cambodia. The company will partner with local mining company UBE Development Co. Ltd. to establish a subsidiary, Double Star (Cambodia) Tire Co. Ltd., for the investment. The new plant will be […]
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In Four Months, PP-SHV Expressway Generated Almost US$11 Million
The Phnom Penh-Sihanoukville Expressway earned almost US$11 million in the first four months since the start of traffic charging on 1 November 2022 to 28 February 2023, according to the Ministry of Public Works and Transport. The ministry further announced that it is continuing to work with operators to enhance the provision of expressway services […]
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US$5m Electronic Compliance Factory Officially Opened in Pursat
An electronic products assembly plant in Pursat’s Krakor district was officially launched 26 February. The inauguration was held by Director General of Electricite du Cambodge (EDC) HE Keo Rattanak, Pursat Governor HE Khoy Rida and CEO of Precise Electric Manufacturing Amorn Daengchot. Built with an investment of US$5 million, the factory is located in Toteung […]
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Cambodia needs more skilled labours responding to high-tech industrial investment
Cambodia Prime Minister Samdech Hun Sen has said that Cambodia needs a large number of technical experts to meet the large investment in high-tech industries, as Cambodia has a number of electrical components and vehicle assembly plants. At the graduation ceremony for students of the National Polytechnic Institute of Cambodia on 27 February, PM Hun […]
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The 8th PropertyGuru Cambodia Property Awards seek the Gold Standard of real estate amid recovering domestic market
LOCAL PROPERTY SEEKERS IN CAMBODIA POWER THE DEMAND FOR SPACIOUS HOMES PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today launched the 2023 edition of the PropertyGuru Cambodia Property Awards, beginning the search anew for the kingdom’s finest property developers, design practices, and projects: the Gold Standard of real […]
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