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ខ្មែរ 
AMRO Forecasts Cambodia’s Economy to Grow 5.6% in 2024 and 5.9% by 2025
The ASEAN + 3 Macroeconomic Research Office (AMRO) recently released a positive outlook for Cambodia's economy, predicting a growth rate of 5.6% in 2024 and 5.9% in 2025. This upward trend signifies a significant improvement compared to the 5% growth recorded in 2023, according to AMRO press release on 23 May 2024. Garment Sector & Exports Fuelling Growth AMRO's chief economist, Jinho Ch...
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Japan’s Exports Surge in Value 8.3%, Led by Autos and Chips, Despite Volume Decline 3.2%
Japan's export value surged by 8.3% to reach 8.9 trillion yen (US$57 billion) in late April, marking the fifth straight month of growth, according to official data released by the Japanese Ministry of Finance on Wednesday. However, export volume saw a decline of 3.2% compared to the previous year, as reported by NikkeiAsia on 11 May 2024. Economic Implications of Diverging Export Metrics The...
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Stung Prek Tnaot Rehabilitation Project Nears Completion with 95% Progress
The Stung Prek Tnaot Rehabilitation Project in the lower part from the east of National Road 3 has reached an impressive 95% completion and is on track to be finished by June or July this year. This update was shared on the official Facebook page of the Ministry of Water Resources and Meteorology on 25 May 2024. The Stung Prek Tnaot Irrigation and Flood Protection Project encompasses four major...
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Chip Mong 271 Mega Mall Unveils MEGA Amazing: Shop, Save, Win a Luxury Car or Dream Vacation!
Chip Mong 271 Mega Mall celebrated its grand opening with an unprecedented Mega Amazing program, including the presentation of a brand-new Mitsubishi car to one lucky customer—a prize no other supermarket has ever offered. The event on May 26 2024 marked the conclusion of the Mega Celebration promotion and was attended by top leaders of Chip Mong. The grand opening saw the presence of notable ...
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Yuba Water Implements Digital Twin for Automated Monitoring of California’s Second Tallest Dam
Using Bentley's Reality Modeling and iTwin Applications, they have established situational intelligence to optimize risk assessment for the New Bullards Bar Dam. This 645-foot-tall concrete arch dam was constructed in 1970 to minimize flood risk, produce clean hydropower, and guarantee a dependable water supply for Yuba County residents. The previous monitoring system for the dam was labor...
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Kampong Speu Authorities confiscated 1,400 hectares of forest land in Oral district
In the first five months of 2024, Kampong Speu provincial authorities decided to confiscate more than 1,400 hectares of forest land in Kampong Speu province's Oral district as state property after illegal land acquisition. This is according to the orders of the three administrations of Kampong Speu province, which include: First, an order issued on April 13, 2024, Kampong Speu Provincial Aut...
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Australia plans to turn corn waste into Biomass for improvement of agricultural land in Siem Reap
Australia's Agribusiness Asian Group (AAG) plans to process agricultural waste from its corn crop (corn stover) into biomass to store carbon for 1,000 years. This initiative is part of the inauguration of a 1,000-hectare crop farm in Siem Reap Province. The decision was made during a meeting between Mr. Prak David, Secretary of State of the Ministry of Agriculture, and an Australian delegation on ...
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Kampong Speu Province to Welcome Four New Factories with US$25m investment, Creating Over 1,200 Jobs
The Cambodian investment landscape is buzzing with new developments in Kampong Speu province. The Council for the Development of Cambodia (CDC) recently greenlit four investment projects with a combined value of nearly US$25 million. These new factories are expected to generate significant employment opportunities, creating over 1,200 new jobs for the local workforce. The official approval came...
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Cambodia Revs Up for Carbon Neutrality 2025: Electric Vehicles Take Centre Stage
The Ministry of Public Works and Transport (MPWT) has announced a strategic push towards electric vehicles (EVs) to achieve the ambitious goal of carbon neutrality by 2050. This declaration, made by HE Peng Po, the Minister of MPWT, at the International Transport Forum Summit, Germany on 23 May 2024, underscores Cambodia's commitment to environmental sustainability, despite the country's current ...
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Anglo-Swedish Pharma Giant AstraZeneca to Build US$1.5bn Green Cancer Treatment Facility in Singapore
Leading pharmaceutical company AstraZeneca, a joint venture between British and Swedish interests, has announced a significant investment of US$1.5 billion in a brand-new cancer treatment plant located in Singapore. This state-of-the-art facility will focus on the production of antibody-drug conjugates (ADCs), a new generation of targeted cancer therapies. The news, reported by Reuters on 20 May 2...
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Robert Street Bridge Rehab Pioneers Cutting-Edge Digital Innovations in Bridge Engineering
Robert Street Bridge Rehab Pioneers Cutting-Edge Digital Innovations in Bridge Engineering Historic Bridge Renovation Utilises Artificial Intelligence & Digital Twins to Enhance Inspection Process For nearly a century, the iconic rainbow arch of the Robert Street Bridge has stood as a landmark in St. Paul, Minnesota. This Moderne-style structure has not only been a significant feature of...
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Thai Transport Minister Unveils Ambitious US$27bn Land Bridge Project to Chinese Investors
Thailand’s Transport Minister, Suriya Jungrungreangkit, recently promoted a US$27 billion land bridge project to Chinese investors in Beijing, aiming to alleviate congestion in the Malacca Strait, the world's busiest sea corridor. The Nation newspaper reports that the proposed plan involves constructing two deepwater ports on either side of the Thai isthmus, connected by a 100km railway and motorw...
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