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ខ្មែរ 
South Korea & Japan Lead Indo-Pacific Supply Chain Crisis Response Initiative
In a significant move to safeguard the Indo-Pacific region's supply chains, South Korea and Japan have taken the lead in establishing a crisis response network under the Indo-Pacific Economic Framework (IPEF). Announced by the South Korean government on 20 August, this network aims to ensure that member nations maintain access to vital supplies during emergencies, with South Korea chairing the bod...
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AI Revolutionises Real Estate: Navigating the Transformation & Mitigating Risks
Artificial Intelligence (AI) is rapidly transforming the real estate industry, introducing both unprecedented opportunities and significant risks. From reshaping marketing strategies to streamlining underwriting processes, AI is revolutionising every aspect of real estate—commercial, industrial, residential, and beyond. This critical transformation was discussed in detail by experts Peter D. Ball...
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NR No. 4 Rehabilitation Project Reaches 66% Completion, Targeting 2026 Finish
The ambitious project to rehabilitate, expand, and upgrade NR No. 4 from Bek Chan commune in Kandal province to Bit Trang commune in Preah Sihanouk province has achieved a significant milestone, reaching 66.06% completion as of August 2024. The project is on track to be fully completed by the end of 2026, according to the latest update from the Ministry of Public Works and Transport on 23 Augus...
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Kampot Unveils Cambodia’s Tallest & Largest Khmer-Style Clock Tower to Boost Tourism
Kampot province has unveiled Cambodia’s tallest and largest clock tower, standing at 35 metres high, with a clock face nearly 10 metres in diameter. This impressive structure, designed in traditional Khmer style, was officially launched during the groundbreaking Ceremony, attended by HE Dr Mao Thunin, Governor of Kampot Province, and Lok Chumteav Hun Chanthy Mao Thunin on 22 August 2024. Strate...
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Irrigation Rehabilitation Project in Southwest Phnom Penh Reaches 25% Completion
The extensive rehabilitation project aimed at enhancing the irrigation and drainage systems in Kampong Speu, Takeo, and Kandal provinces has reached 25% completion, as confirmed by HE Pich Veasna, Undersecretary of State at the Ministry of Water Resources and Meteorology, on 22 August 2024. This milestone was announced during an inspection of the project’s progress, conducted alongside the JICA Hi...
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Cambodia Emerges as World’s Second-Largest Producer of Cashew Nuts with Over 830,000 Tons Harvested
Cambodia has established itself as the world’s second-largest producer of cashew nuts, surpassing India and now trailing only Côte d'Ivoire. In the first seven months of 2024, Cambodia harvested over 830,000 tons of cashew nuts, with more than 780,000 tons exported to Vietnam, generating over USD 1 billion in revenue. This milestone, reported by the Ministry of Information on 22 August 2024, marks...
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Sembcorp Targets Low-Carbon Leadership with Bold Industrial Park Expansion Across Asia Eyeing Vietnam & Indonesia First
Sembcorp Industries (Sembcorp) is set to lead the development of low-carbon industrial parks in Asia, with a strategic plan to expand its land bank to 18,000 hectares by 2028 and boost its industrial property portfolio from 100,000 square metres to 1.5 million square metres. With Vietnam and Indonesia presenting robust growth opportunities due to strong GDP performance, increased manufacturing act...
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NR No. 48 Upgrade Achieves 64% Completion with Targeted Finish by May 2025
The rehabilitation and upgrading of NR No. 48, a crucial 148 km stretch from Sre Ambel to Koh Kong, has reached 64.05% completion, marking significant progress in the project aimed at enhancing connectivity in the province. This milestone was highlighted during the 5th Joint Monitoring Meeting by His Excellency So Vector, Secretary of State of the Ministry of Public Works and Transport, who also s...
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Key Roads in Kratie Province Near Completion with 68.7% Progress Across 48.59km
The rehabilitation of two vital roads in Kratie province, extending over 48.59 kilometres, has reached a 68.7% completion milestone as of 19 August 2024, marking significant progress in the province's transportation infrastructure upgrade, according to a progress report by the Ministry of Public Work and Transport dated 19 August 2024. This project includes extensive improvements to Provincial ...
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Chinese Association Proposes New SEZ on 32 Hectares in Takeo Province
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. Oknha Taing Lak Hav, President of the Ch...
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Laos Launches Gold Bank to Strengthen Financial Stability & Support Lao Kip
Laos is set to launch its first Gold Bank next month, an initiative aimed at bolstering gold reserves and enhancing the financial stability of the Lao Kip. The establishment of the "Lao Bullion Bank" is a result of a recent agreement between the Lao Ministry of Finance and PTL Holding Co., Ltd., with the full range of services expected to be operational by the end of November 2024, according to Th...
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Singapore Invests USD 400m in Cambodia Over Five Years
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s pivotal role in Cambodia's economic development. ...
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