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ខ្មែរ Cooperation and networking
Cambodia Partners with Switzerland to Integrate Blockchain Technology in Smart City Project
- 28 September 2024
Cambodia’s Ministry of Industry, Science, Technology and Innovation has joined forces with the Swiss-based DFINITY Foundation to advance the use of Blockchain and artificial intelligence (AI) in the nation’s smart city projects. This partnership, formalized through a letter of intent signed at Singapore Blockchain Technology Week on 19 September 2024, aims to revolutionize Cambodia’s technology...
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Malaysia & Cambodia Unveil Cross-Border QR Payment Linkage
- 25 September 2024
In a major milestone for regional digital payments, Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have successfully launched a cross-border QR payment linkage between Malaysia and Cambodia, aiming to connect over five million merchants across both countries, according to Asianbankingandfinance dated 20 September 2024. This ambitious initiative, which reached the end of its ...
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Japan Grants USD 54m Loan for Power Transmission Expansion in Phnom Penh
- 24 September 2024
Japan has extended a concessional loan exceeding USD 54 million to support the second phase of Phnom Penh's power transmission and distribution system expansion. The loan marks the third funding package to enhance the city’s electricity infrastructure, with plans to build substations and transmission lines connecting to the Chbar Ampov district. The agreement was officially signed by HE Ros Sil...
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Honda to Expand Capital Investment in Cambodia After 25 Years of Success
- 24 September 2024
Honda Motor Co., Ltd., through its local partner N.C.X. Co., Ltd, has announced plans to expand its investment in Cambodia, marking over 25 years of successful operations in the country. The decision followed a high-level meeting on 20 September 2024 between Prime Minister Samdech Hun Manet and Mr. Minoru Kato, Executive Director and Vice President of Honda, responsible for motorcycles. Mr. Kat...
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Cambodian Gov’t Secures Over USD 313m in Concessional Loans to Boost Public Investment
- 23 September 2024
The Cambodian government signed new concessional loans totalling USD 313 million with development partners in the first half of 2024, bringing the nation’s public debt to USD 11.27 billion. The Ministry of Economy and Finance recently reported that these new loans, equating to 14% of the legally permitted ceiling, will fund vital public investment projects to support long-term sustainable econo...
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Chinese Firm to Revolutionise Cambodia with Cutting-Edge 3D AI Display Technology
- 23 September 2024
A leading Chinese company specializing in 3D-AI-free digital display technology has announced plans to invest in Cambodia, bringing advanced 3D displays that require no glasses integrated with 5G technology. The move signals an exciting new chapter for Cambodia’s tech landscape, with the Ministry of Information confirming the development on 16 September 2024. During a high-level meeting between...
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Cambodia-Indonesia Trade Volume Surpasses USD 1bn in 2023 with 15% Growth
- 20 September 2024
In a significant boost for bilateral relations, Cambodia and Indonesia achieved a trade volume exceeding USD 1 billion in 2023, marking a robust 15% increase compared to the previous year. Lok Chumteav Chamnimol, Cambodia's Minister of Commerce, shared these insights during the "Hello Indonesia" exhibition on 13 September 2024. The minister emphasized that this remarkable growth reflects the de...
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Japan Eyes Major Investment in Battambang, With Advanced Technology Capable of Converting 1 Ton of Waste to 700 Litres of Oil
- 18 September 2024
Sougo Tatemono Service Inc. from Japan has expressed a strong interest in transforming Battambang province's plastic waste into fuel oil, showcasing a breakthrough technology that converts 1 ton of pure plastic into 600 to 700 litres of oil. The company's representatives introduced this technology in a meeting with Battambang's Governor, HE Sok Loo, and the Embassy of Japan in Cambodia in Battamba...
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ASEAN Constructors Federation Drives Innovation & Unity at 56th Council Meeting in Malaysia
- 18 September 2024
The ASEAN Constructors Federation (ACF) made significant strides at its 56th Council Meeting in Kuala Lumpur, achieving breakthroughs in safety standards, digital transformation, and sustainable practices. With representation from all eight ASEAN member states, the meeting highlighted key projects like Cambodia’s airport development and the 180-kilometre canal linking Phnom Penh to Kampot, alongsi...
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Cambodia & Laos Unite to Tackle Mekong River Plastic Pollution
- 17 September 2024
Cambodia and Laos have formalized their joint efforts to address plastic pollution in the Mekong River, signing a Memorandum of Understanding (MoU) during the 6th GMS Environment Ministers' Meeting (EMM-6), held from 10 to 13 September 2024 in Phnom Penh. The agreement signifies a shared commitment to reducing plastic waste and protecting the Mekong’s ecosystems, aligning with Cambodia’s broade...
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