Indonesian President Inaugurates ASEAN’s Largest Digital Testing Center Worth US$61M
Indonesian President Joko Widodo has officially opened the $61 million Indonesia Digital Testing Center (IDTH), the largest and most advanced digital and telecommunications testing facility in Southeast Asia. The inauguration took place on May 7, 2024, as reported by Antaranews. President Jokowi emphasized the significance of IDTH as a pivotal institution showcasing Indonesia’s digital prowess […]
In April, Cambodia attracts 22 investment projects worth US$ 309 million
In April 2024, the Council for the Development of Cambodia approved 21 new investment projects and one production expansion project. These projects have a total investment of US$309 million and are expected to create around 23,000 job opportunities. The press release from the Council for the Development of Cambodia on May 7, 2024, confirms this […]
These four months of 2024, Cambodia has reported an increase in its trade volume and exports
The country achieved a trading volume of over US$16 billion, which is an increase of nearly 12 percent, while the exports also rose by nearly 12 percent. The Minister of Commerce, Lok Chumteav Chamnimol, shared this news during the opening ceremony of the “Cambodia International Trade Fair 2024” on May 10 at the Koh Pich […]
Kratie Authority Halts Illegal Land Sales and Confiscates Forest Encroachments
The provincial administration of Kratie has taken decisive action to revoke all transactions involving forest land within protected areas, as announced on May 6, 2024. In response to persistent encroachments observed over the years, including unauthorized cultivation, construction, and fencing, the provincial authorities have moved swiftly to address the issue. Despite repeated preventative measures since […]
The Gov’t Implements Measures to Enhance Sub-National Expenditure Efficiency by 2024
In a bid to streamline fiscal management at the sub-national level, the Cambodian Ministry of Economy and Finance (MEF) has issued a pivotal circular on May 7, 2024. The directive mandates prudent budgetary practices across all sub-national administrations, emphasizing the need to curb unnecessary local development initiatives. Under the circular’s provisions, Capital-Provincial administrations are instructed […]
Virak Buntham Unveils Ambitious Plan to Transform Koh Sneh Beach into Premier Tourist Destination
Virak Buntham, a prominent player in Cambodia’s tourism sector, has announced a significant investment in the development of Koh Sneh Beach, located in Khemarak Phoumin City, Koh Kong Province. The company aims to elevate the beach into the premier tourist destination in the province, unveiling plans for extensive resort development and recreational facilities. Neak Oknha […]