Chinese Firm to Revolutionise Cambodia with Cutting-Edge 3D AI Display Technology

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

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

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

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

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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Cambodia & South Korea Strengthen Partnership to Accelerate Rural Development Through New Village Movement

On 12 September 2024, Cambodia and South Korea solidified their commitment to enhancing rural development in Cambodia by signing a Memorandum of Understanding (MoU) under the New Village Movement project. The MoU, signed between Kyungsangbukdo Province of South Korea and Cambodia's Asian Cultural Council, highlights a renewed focus on boosting rural infrastructure, promoting agricultural innovatio...

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Germany Provides USD 3.12m for Cambodia’s Demining Operations in Two Provinces

Germany has granted USD 3.12 million to support Cambodia's demining operations in Banteay Meanchey and Oddar Meanchey provinces. The funds, allocated through the Norwegian People’s Aid (NPA), were announced during a meeting on 4 September 2024 between HE Heng Ratana, head of CMAC, and Mr Hans Risser, NPA President in Cambodia. The grant, covering a two-year period from September 2024 to August ...

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Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export

Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic of Korea, along with Mr. Park Joo-bong, CEO of Camko ...

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Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia

China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024 between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the Development of Cambodia (CDC), and Mr. Z...

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South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector

Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of Korea. Mr. Oh Chang-seok highlighted t...

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