Gov’t Initiates Stringent Crackdown on Large-Scale Illegal Gold Mining in Memot District, Tbong Khmum Province
The Ministry of Mines and Energy (MME) has launched a renewed crackdown on large-scale illegal gold mining operations located in Sampov Loun village, Choam Tamao commune, Memot district, Tbong Khmum province. The ministry's proactive stance was communicated through an official press release on 10 January 2024. This decisive campaign follows previous crackdowns in September 2021 and November 202...
Read MoreThailand Sets Up a Date to Talk with Cambodia on the Gulf Overlapping Claims
In a strategic move to address the overlapping claims in the Gulf of Thailand, Thailand, and Cambodia are slated to commence discussions on 7 February 2024. This 26,000-square-kilometre area, known for its abundant energy resources, has been a point of contention between the two nations. Cambodian Prime Minister Hun Manet is scheduled to visit Thailand for these crucial talks, according to Pattaya...
Read MoreMoE Unveils Four Robust Measures to Safeguard Cambodia’s Air Quality
The Ministry of Environment has issued a comprehensive set of four key measures to be implemented across the 25 capital-provincial administrations. Announced on 10 January 2024, these measures aim to mitigate the adverse impacts of public air pollution, especially during the dry season from December to April. Highlighting the urgency of the situation, the MoE's study reveals a concerning declin...
Read MoreUN Predicts Global Economy Down to 2.4% in 2024, Inflation Rises to Above 10% for Developing Countries
In a pivotal economic report, the United Nations projects a slowdown in global economic growth to 2.4% by 2024, down from the estimated 2.7% in 2023, underscoring challenges surpassing earlier expectations. Both figures remain below the pre-pandemic 3% growth rate prevalent before the 19-year epidemic in 2020, according to VOA on 9 January 2024. The UN's forecast diverges from those of the Inte...
Read MoreCambodia’s Coastal Wealth: Minister of Land Envisions $2 Billion Annual Contribution
In a visionary statement, His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction (MLMUPC), revealed the immense economic potential of the Cambodian Sea, projecting a substantial annual contribution of approximately US$2 billion to the nation. The declaration came during a pivotal meeting on 8 January 2024, convened to assess the progress ...
Read MoreMajestic 45-Metre-Tall Buddha Statue Soars as Construction Commences in Kep Province
The construction of the awe-inspiring 45-metre-tall "Buddha of Forgiveness" has commenced in Kep province. The groundbreaking event was presided over by Samdech Men Sam An, Personal Adviser to the King of the Kingdom of Cambodia which was held on 9 January 2024, marked the initiation of this monumental project, situated in Kep village, Sangkat Kep, Kep city. The Buddha statue, set atop a mounta...
Read MoreCambodia’s Steel Import Surges: Reaches US$372m in 2023
In a robust display of economic activity, Cambodia witnessed a notable surge in iron and steel imports, totaling an impressive U$372 million in 2023. This marks a substantial 3.5% increase compared to the figures recorded in 2022, signifying a thriving demand for steel products within the nation. According to a report released by the General Department of Customs and Excise on 10 January, iron ...
Read MoreCambodia Airways Elevates Connectivity with Launch of Phnom Penh-Chongqing Flights
In a strategic move to enhance trade links with China and bolster tourism, Cambodia Airways inaugurated direct flights from Phnom Penh to Chongqing on 6 January. The twice-weekly round-trip flights, operational on Mondays and Saturdays, aim to fortify ties between Cambodia and China, especially in the aftermath of the global crisis, according to Tin Media on 4 January 2024. The airline, already...
Read MoreChina Allocates US$1bn for Advancing Rubber & Tyre Engineering Technology in Cambodia
In a strategic move aimed at fortifying technological advancements in the rubber and tyre sector, the National Centre for Research in Rubber and Tire Engineering Technology of the People's Republic of China (NERCRAT) has unveiled plans to invest a substantial US$1 billion in key priority projects within Cambodia. The announcement was made during the signing ceremony of the Memorandum of Underst...
Read MoreBay 19 Golf Worth US$41m Elevating Golfing Excellence on Cambodia’s Coastal Horizon
A groundbreaking ceremony marked the commencement of the first international standard Bay 19 Golf Course project, an extraordinary venture with a US$41 million investment, situated on Ream Beach in Sihanoukville as part of the Bay of Lights development project. The launch, held on 29 December 2023, was inaugurated by HE Kouch Chamroeun, Governor of Sihanoukville, Mr. Seng Meng Hong, Secretary of S...
Read MoreCambodia Achieves Remarkable Industrial Growth: Over 40k Factories and Enterprises Flourish
As of December 2023, Cambodia has witnessed an exceptional surge in its industrial landscape, boasting a total of 40,840 factories. Prime Minister Samdech Hun Manet shared this significant milestone during the inauguration ceremony of the Samdech Techo Hun Sen Koh Yor Bridge in Mondul Seima district, Koh Kong province, on 8 January 2024. Highlighting the government's strategic policies, PM Hun ...
Read MoreSihanoukville Takes the Crown for Best New Year Celebration in 2024
In a resplendent declaration, Sihanoukville clinches the prestigious title of "Best Countdown City of the Year" for its unparalleled New Year celebration, triumphing over Battambang and Siem Reap. This announcement, dated 5 January 2024, is a result of the keenly contested competition organized by the National Committee for Clean City Assessment (NCCCA) and the Ministry of Tourism. The "Best Co...
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