Cambodia’s Home Loans with Bank Reach USD 6.78 Billion as of 2024: NBC Report
In a recent report, the National Bank of Cambodia announced that as of 2024, the country had seen a significant surge in home loans, totaling over USD 6.78 billion, marking a 12.5% increase. This figure represents 12.5% of the total loan volume in Cambodia, which stands at USD 54.3 billion. The report highlights that loans […]
Two Foreign Companies Partner to Launch Waste Recycling Park in Phnom Penh
In a significant move towards sustainable urban waste management, Vinci Construction and Sage Engineering have announced a collaborative project to establish a cutting-edge “Waste Recycling Park” in Phnom Penh. This initiative aims to harness advanced technologies for treating urban solid waste and generating clean energy, ultimately enhancing the quality of life for city residents. During […]
Japan Invests Over USD 240K in Cambodia’s Clean Water Initiative
In a significant step towards enhancing access to clean water in Cambodia, the Japanese government has allocated over USD 240,000 for the development of a water supply system in the Kampong Khleang commune, located in Siem Reap province. This funding is part of the Kusanagi Grant Agreement, aimed at supporting Small-Scale Human Security Projects. The […]
Stung Treng Authorities Take Strong Action Against Illegal Land Occupation
In a decisive move to protect state forest land and uphold environmental laws, the Stung Treng provincial authorities have officially announced the reclamation of nearly 120 hectares of land from illegal occupation. This action follows the recent issuance of Order No. 008/25 D.K., dated February 19, 2025. The order details the reclamation of 119.24 hectares […]
Chinese Investors Propose Agro-Industrial Park to Boost Cambodia’s Agricultural Sector
In an exciting development for Cambodia’s agricultural sector, a group of 50 Chinese investors has unveiled plans to establish a cutting-edge agro-industrial park dedicated to processing the nation’s bountiful agricultural products. This ambitious proposal, aimed at transforming Cambodia into a key player in the agricultural trade arena, was revealed during a high-level meeting on March […]
40 Japanese Companies Explore Investment Opportunities in Cambodia’s Transportation Sector
In a significant initiative to strengthen the relationship between Japan and Cambodia, a Japanese business delegation, comprising 40 companies, met with key Cambodian leaders, including His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), as well as representatives from the Ministry of Public Works […]