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ខ្មែរ 
CDC Approves Construction of Five New Factories Valued at US$35.3M in Three Provinces & Phnom Penh
The Council for the Development of Cambodia (CDC) has given the green light to five companies for the establishment of new factories, with a combined investment of US$35.3 million. These ventures are expected to generate 8,761 job opportunities for residents in Takeo, Kampong Speu, Kandal, and Phnom Penh, according to the CDC on 30 November 2023. The five companies are as follows: XIN ANG ...
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CTF & WWF Spearhead Solar Energy Drive to Boost Cambodia’s Tourism Sector
The Tourism Federation of Cambodia (CTF) and the World Wildlife Fund (WWF) are championing the widespread adoption of rooftop solar energy to propel Cambodia's tourism industry into a greener future. This joint initiative, in alignment with the Ministry of Tourism's recent revelation of a nearly threefold increase in international tourist visits in the first eight months of 2023 compared to the pr...
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Construction Begins on US$400m Tatai Hydropower Dam Generating 150MW
The groundbreaking ceremony for the Tatai Hydropower Dam project, also known as the Ta Tay Leu Dam, worth nearly US$400 million took place in Thmar Bang district, Koh Kong province. Presided over by Samdech Moha Bovathibodi Hun Manet, PM of Cambodia on 30 November 2023, the event marked the initiation of a transformative venture set to harness the combined water resources of the Kep River and the ...
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Gov’t Approved US$65.5m Solar Power Plant in Svay Rieng
The Council for the Development of Cambodia (CDC) has officially endorsed the registration of "SCHNEITEC VIBRANT CO., LTD" for a pioneering project – the construction of a US$65.5 million solar power plant in Svay Rieng province, according to the CDC on 30 November 2023. The proposed solar power plant, set to be established in Kandal village, Svay Chek commune, Romduol district, Svay Rieng prov...
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Gov’t Greenlights Seven Cutting-Edge Factories Injecting US$ 32.9M and 3,470 Jobs in Svay Rieng & SHV
The Council for the Development of Cambodia (CDC), has sanctioned the registration of seven innovative companies set to establish factories with a combined investment of US$32.9 million. This strategic initiative is poised to generate a robust employment boost, creating 3,470 job opportunities for the local workforce in Svay Rieng and Sihanoukville, according to the publication of the CDC on 30 No...
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While ASEAN Neighbours Grow in EV Industries, What Can Cambodia Do Beyond a Consumer Role?
While neighboring countries such as Thailand, Indonesia, and Vietnam are making significant strides in the electric vehicle (EV) industry, Cambodia's participation in this emerging market has been relatively subdued. The country's limited activity in EV products can be attributed to several barriers that hinder the development of the EV market. Understanding these challenges and identifying potent...
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WWF: Mekong Sand Running Out Due to Construction
A World Wildlife Foundation report has warned that sand in the Mekong Delta in Vietnam may run out by 2035 with catastrophic impacts on ecosystems due to a combination of huge demand in the country’s construction sector and the installation of hydroelectric dams. The WWF report “Sand Budget for Vietnam Mekong Delta” tracked the use of sand in the region over the past three years. The Mekong Del...
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Gov’t Unveils Robust Protocols for State Land Ownership Registration
The Cambodian government has introduced a comprehensive set of procedures for the registration of state lands. Sub-Decree No. 321, enacted on 2 November 2023, delineates a strategic framework encompassing the identification, mapping, and classification of state lands. The primary objective is to fortify the protection of ownership and associated rights of state-owned properties. The sub-decree ...
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Results of Biden-Xi Summit Promise a Pivotal Turn for Global Economic Harmony
In a historic face-to-face encounter, U.S. President Joe Biden and Chinese President Xi Jinping convened on 15 November 2023, on the sidelines of the Asia-Pacific Economic Cooperation conference near San Francisco. This landmark meeting, their first in a year, carried significant implications for the global economy. “We have to ensure that competition does not veer into conflict,” Biden said at...
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Telecom Regulator Issues Deadline for Borey Owners to Dismantle Signal Boosters Equipment by December 10
The Telecommunications Regulator of Cambodia has issued a crucial deadline for all Borey development project owners in Phnom Penh to dismantle any service-increasing or internet expansion equipment within their developments before December 10, 2023, according to Letter No. 10079 ន.ទ.គ dated 16 November 2023. Preceding this deadline, a notice was issued to all Borey owners, urging them to volunt...
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Thailand to Invest US$27 Billion in 100km Flyover Linking Two Oceans
In a groundbreaking shift from the initial $27 billion Thai Canal Dredging project, the new Thailand government, led by Prime Minister Srettha Thavisin, is steering towards a colossal infrastructural endeavour. The transformative initiative involves the construction of a 100-kilometre flyover connecting the Pacific Ocean to the Indian Ocean at Kra Isthmus, abandoning the contentious Kra Canal plan...
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Seoul’s Thriving Office Market Boasts Over 98% Occupancy Amidst Dwindling Demand Elsewhere
In a world where office spaces face a downturn, Seoul's office market stands as a beacon of success, boasting an impressive occupancy rate of over 98% for grade-A offices, coupled with a remarkable 15% surge in rents compared to the previous year. This is according to a Bloomberg study published on 15 November 2023. The frenzy for office space is vividly demonstrated by competitive tenders, su...
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