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 […]
Government Allocates Over USD18M to Enhance Health Sector in Cambodia
In a significant move to bolster the healthcare system, the Cambodian government has announced an allocation of more than USD 18 million in 2025 aimed at strengthening the health sector. This funding will primarily focus on enhancing the capacity of the Intensive Care Unit (ICU) at Level 2 District Referral Hospitals and supplying essential medical […]
Chinese Firm ICAP Announces Major Investment Plans in Cambodia’s Electric Vehicle Sector
In a significant development for Cambodia’s automotive industry, China’s Infinite Capital Holding Company (ICAP) has unveiled ambitions to invest in the manufacture of electric vehicle components in the country. The announcement was made during a meeting on February 17, 2025, between Prime Minister Hun Manet and ICAP’s Chairman and CEO, Zhang Chaomin. During this pivotal […]