Surge in Visitor Traffic at Bavet International Border Crossing
In 2024, Bavet International Border Crossing welcomed over 1.5 million national and international travelers. Recent reports from Apsara newspaper highlight that in the first 12 months of 2024, the border crossing in Svay Rieng Province admitted 1,578,699 visitors hailing from 172 different countries. This marks an impressive increase of 187,687 visitors, or 16.06%, compared to […]
Cambodia Set to Make Waves in Cashew Production in 2024
In an exciting development for the agricultural sector, Cambodia produced an impressive 850,000 tons of cashew nuts in 2024, marking a remarkable 26% increase compared to last year. The news comes from the Cambodian Cashew Association, highlighting the nation’s growing prominence in the global market. With exports projected to exceed USD 1.1 billion, the cashew […]
Cambodia Adopts 36 New National Standards to Boost Investment and Local Industry
In a significant move to attract investment and enhance local industrial capabilities, Cambodia’s National Standards Council has approved 36 new national standards following a comprehensive review of 41 proposals. Minister Hem Vandy made This decision during the Council’s 29th meeting, held on December 26, 2024, at the Ministry of Industry, Science, Technology, and Innovation. During […]
Major Progress Made on Flood Prevention in Western Phnom Penh
In a significant step towards mitigating flooding in western Phnom Penh, the ambitious drainage and drainage system restoration project has reached a milestone, now standing at 50.50% completion as of January 5, 2025. This essential infrastructure initiative, spearheaded by the General Department of Wastewater Treatment System under the Ministry of Public Works and Transport, aims […]
National Road 7 Expansion Project Progresses, Reaches 28.76% Completion
In a significant step towards enhancing Cambodia’s infrastructure, the ambitious project to restore and expand National Road No. 7 has reached an impressive 28.76% completion as of early January 2025. This major development was confirmed during a thorough inspection led by HE Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, […]
Cambodia’s Construction and Real Estate Loans Surge Past USD 20 Billion
In a striking development for Cambodia’s economy, construction and real estate loans have exceeded USD 20 billion, signaling a robust growth trajectory within these critical sectors. According to a recent report from the National Bank of Cambodia, banking and financial institutions have provided a staggering 81.748 billion riels, equivalent to approximately USD 20.1 billion in […]