Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD300 Million Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD300 million, with a longer-term goal of reaching USD1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat TUMYSH, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September 2024. During […]
Japan Tops Asia’s Real Estate Transparency Rankings with Focus on Sustainability
Japan has been ranked as the most transparent real estate market in Asia, securing the 11th position globally in terms of sustainability and operational clarity, according to a report by Jones Lang LaSalle (JLL) published on 5 September 2024. This evaluation considers factors such as access to real estate market data, transparency of processes, and […]
Siem Reap-Angkor International Airport Received 900k Passengers, Expected to Hit 1.5 Million by Year-End
After nearly a year of operation, the Siem Reap-Angkor International Airport has welcomed approximately 900,000 passengers, with projections to reach 1.3 million by October and 1.5 million by the end of 2024. This milestone was announced during a working session between the Chairman of Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI), Lu Wei, and […]
Cambodia Earns Over US$31 Million from Angkor, Koh Ker, and Boat Rides in 8 Months
In the first eight months of 2024, Cambodia generated an impressive US$31,049,140 from ticket sales to the Angkor Archaeological Park, Koh Ker, and boat rides, according to a report from the Angkor Institute released on 1 September 2024. During this period, 651,857 foreign tourists visited Angkor, contributing US$30,334,229 to the total revenue, marking a significant […]
Banteay Meanchey’s Thriving Industrial Sector Employs Nearly 30,000 Workers in 2,000 Businesses
Banteay Meanchey province has established industrial parks, special economic zones, and handicraft businesses with the total number of 2,000 collectively creating employment for nearly 30,000 people. According to HE Oum Rath, Governor of Banteay Meanchey, during a statement on 20 August 2024, the province is home to five special economic zones, of which three are […]
Phnom Penh Autonomous Port Sees Significant Growth with Over 250 TEUs, 14% Increase, in First Half of 2024
In the first seven months of 2024, Phnom Penh Autonomous Port (PPAP) reported a notable increase in activity, handling over 250,000 TEUs (Twenty-foot Equivalent Units) of containers, reflecting a 14.94% rise compared to the same period in 2023. This surge in volume underscores the port’s growing importance in regional trade, according to the data released […]