Local News
Cambodia Secures MoU on Direct Export Deal with China for Cashews, Cassava, & Bird Nests
Cambodia has signed a Memorandum of Understanding (MoU) with China to streamline the direct export of cashew nuts, cassava, and earwax nests, bypassing intermediary countries and expediting market access. The Ministry of Information announced the agreement on 27 September 2024. The MoU was signed between three Cambodian associations – the Cambodian Cashew Association, the Cambodian Birdnest Ass...
Read MoreFloods Ravage Over 10,000 Hectares of Rice Fields Across Cambodia in Just 10 Days
In the ten days from 18 September to 27 September 2024, severe flooding has devastated over 10,000 hectares of rice fields across seven provinces in Cambodia. The floods wreaked havoc in Kratie, Stung Treng, Mondulkiri, Tbong Khmum, Kampong Cham, Kampong Thom, and Siem Reap, impacting the livelihoods of thousands. This information was confirmed by Lok Chumteav Im Rachana, Undersecretary of State a...
Read MoreCambodia Partners with Switzerland to Integrate Blockchain Technology in Smart City Project
Cambodia’s Ministry of Industry, Science, Technology and Innovation has joined forces with the Swiss-based DFINITY Foundation to advance the use of Blockchain and artificial intelligence (AI) in the nation’s smart city projects. This partnership, formalized through a letter of intent signed at Singapore Blockchain Technology Week on 19 September 2024, aims to revolutionize Cambodia’s technology...
Read MoreCambodia Achieves First Airborne Export of Cashew Nuts to China’s Henan Market
In a milestone for Cambodia’s agricultural sector, the country successfully exported 2 tons of premium cashew nuts by air to Henan province, China, marking its first-ever cashew shipment to this key Chinese market. The initial consignment, exported on 22 September 2024, resulted from intensive cooperation between Cambodian and Chinese officials following meetings in July and August this year aimed...
Read MoreCambodia Unveils National Customs School as the Newest Asia-Pacific Training Hub
Cambodia has officially launched its National Customs School as the 11th Asia-Pacific Training Center of the World Customs Organization (WCO), marking a major milestone in the country’s role in international customs training and cooperation. The inauguration ceremony was presided over by HE Dr Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, with distinguished guest...
Read MoreSiem Reap Launches Community Tourism Project in Wat Bo Village, Ranked 3rd Most Scenic Village Globally
Siem Reap authorities have launched a new community-based tourism initiative in Wat Bo village, marking the village’s global recognition as the third most beautiful in the world. This project, aimed at bolstering local tourism, was inaugurated on 20 September 2024 by Mr Yun Linne, Deputy Governor of Siem Reap Province, alongside government officials, local units, and community members. The laun...
Read MoreMinistry of Interior Accelerates Land Management & Real Estate Certification Across Cambodia’s Provinces
The Ministry of Interior has issued new measures for provincial and capital authorities to expedite the certification of real estate ownership and improve state land management, with a strong focus on tackling delays in property registration and land disputes. The directive, dated 13 September 2024, aims to accelerate land planning and inventory processes across Cambodia, addressing concerns ab...
Read MoreMalaysia & Cambodia Unveil Cross-Border QR Payment Linkage
In a major milestone for regional digital payments, Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have successfully launched a cross-border QR payment linkage between Malaysia and Cambodia, aiming to connect over five million merchants across both countries, according to Asianbankingandfinance dated 20 September 2024. This ambitious initiative, which reached the end of its ...
Read MoreCambodian Gov’t Secures Over USD 313m in Concessional Loans to Boost Public Investment
The Cambodian government signed new concessional loans totalling USD 313 million with development partners in the first half of 2024, bringing the nation’s public debt to USD 11.27 billion. The Ministry of Economy and Finance recently reported that these new loans, equating to 14% of the legally permitted ceiling, will fund vital public investment projects to support long-term sustainable econo...
Read MoreChinese Firm to Revolutionise Cambodia with Cutting-Edge 3D AI Display Technology
A leading Chinese company specializing in 3D-AI-free digital display technology has announced plans to invest in Cambodia, bringing advanced 3D displays that require no glasses integrated with 5G technology. The move signals an exciting new chapter for Cambodia’s tech landscape, with the Ministry of Information confirming the development on 16 September 2024. During a high-level meeting between...
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