IKEA Explores Expansion into the Cambodian Market

Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, the Secretary-General outlined Cambodia’s att...

Read More

EnerCam Receives Permit for Oil & Gas Exploration in Cambodia

EnerCam Resources Co. Ltd., a subsidiary of Angkor Resources Corp. (ARC), has received formal approval to proceed with its oil and gas exploration project in Block VIII, located onshore in southwestern Cambodia. The permit, issued on 9 March 2025, marks a significant milestone in Cambodia's energy sector. With this approval, EnerCam is set to begin exploration activities aimed at confirming the...

Read More

Cambodia, China & UNICEF Unite for Climate-Resilient Water & Sanitation Services

In a significant step towards enhancing climate resilience in Cambodia, the Ministry of Industry, Science, Technology, and Innovation, alongside the Ministry of Water Resources of the People's Republic of China and UNICEF, has launched the “Cambodia Climate Resilient Water and Sanitation Project.” This initiative aims to strengthen water and sanitation services across the country, addressing the c...

Read More

Omani Delegation Explores Investment Opportunities in Cambodia

An Omani delegation is seeking investment partners in Cambodia to strengthen economic ties between the two nations. During a meeting on 18 March 2025, HE Sar Shinira, Deputy Secretary General of the Investment Committee of Cambodia, met with Mr. Nguyen Xuan Giao, Executive Director of the Vietnam-Oman Investment Agency. Mr. Giao highlighted the agency's focus on investing in Southeast Asia, par...

Read More

Cambodia Set to Launch Digital Professionals Association to Empower Future Workforce

In a significant move to enhance the digital landscape, Cambodia’s Ministry of Posts and Telecommunications, alongside the Ministry of Education, Youth, and Sports, has announced the establishment of a Digital Professionals Association. This innovative initiative is designed to foster collaboration and advance skill development in nine critical areas that are essential for the nation’s digital tec...

Read More

Cambodian Government Set to Launch Incentive Policy for Domestic Assembly Production

The Government of Cambodia is on the verge of introducing a ground-breaking incentive policy to boost domestic assembly production and significantly reduce imports. Prime Minister Hun Manet announced this initiative during the 2nd annual conference of the Cambodian Oknha Association, where he outlined the government's 2025 economic plans. The forthcoming policy is designed to encourage private ...

Read More

TotalEnergies Commits to Renewable Energy Investment through Cambodia’s REDD+ Initiative

In a significant move towards sustainable development, TotalEnergies has announced its plans to invest in renewable energy initiatives aligned with Cambodia’s REDD+ project. This commitment was confirmed during a meeting between HE Dr Eang Sophallet, Minister of Environment, and Ms. Dinah Kumar, Managing Director of TotalEnergies. During their discussion, Minister Sophallet underscored the vita...

Read More

Government Unveils 7 Key Measures to Combat Public Water Pollution

The Cambodian government has announced a strategy to combat public water pollution, detailing seven key measures to protect water resources. The new circular emphasises the importance of water quality for citizens' health and urges businesses and property developers to install automatic liquid waste discharge monitoring devices. Key measures include: Waste Treatment Systems: Factories must...

Read More

Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025

In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed positive growth, with goods valued at USD 4.46 billi...

Read More

Europe Commits Over USD 86 Million to Modernize Cambodian Agriculture

The European Union has announced a significant investment of nearly €80 million (approximately USD 86 million) to transform Cambodia’s agriculture sector and enhance farmers' access to local and global markets. The agreement was formalised today in Phnom Penh by HE Professor Aun Pornmonirath, Deputy Prime Minister and Minister of Economy and Finance, and Ms Nicola Beer, Vice President of the Eu...

Read More

Cambodia & Finland Join Forces to Enhance Environmental Protection and Waste Management

In a significant step towards environmental sustainability, Cambodia and Finland have formalised their partnership to bolster hazardous waste management, particularly focusing on recycling lead-acid batteries. This strategic collaboration aims to pave the way toward carbon neutrality, a shared goal for both nations. During a pivotal meeting today, HE Dr. Eang Sophallet, Cambodia's Minister of E...

Read More

Construction of Sewage System & Rainwater Pumping Station is Officially Ground Breaking in Kratie City

Ground was broken on a vital sewerage system and rainwater pumping station in Kratie city on 5 March 2025, backed by over USD 7 million in funding through the Asian Development Bank-supported Rabien 4 urban development project. HE Poo Manit, Deputy Director General of the Project at the Ministry of Public Works and Transport, highlighted that the primary goal of this ambitious project is to man...

Read More