Okhna Pung Kheav Se Leads 74 CCA Members and 133 Companies Organising Cam-International Construction Exhibition

In a spectacular celebration of milestones, the Cambodian Construction Association (CCA) illuminated its 13th anniversary with the grand event, "Summit on Annual Progress Report and Inauguration of Cambodia-International Construction Industry Exhibition." Held at the prestigious Koh Pich Conference Hall from 6-8 December 2023, the gala was presided over by HE Para Mangol, Secretary of State, repre...

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Angkor Wat Rakes in Over US$32 Million in Ticket Sales in 11 Months Amidst Surging Tourist Numbers

In a spectacular achievement for Cambodia, the first 11 months of 2023 witnessed an impressive revenue of US$32,546,847 from the sale of Angkor tickets to nearly 700,000 foreign tourists. Revealed in a recent report by the Angkor Institute on 1 December 2023, this remarkable figure signifies a remarkable surge of 261.12% compared to the same period in 2022. November 2023 alone saw the Angkor In...

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ADB Fuels Cambodia’s Fiscal Evolution with a US$50m Boost

The Asian Development Bank (ADB) takes a significant stride in fortifying Cambodia's financial landscape, greenlighting a substantial US$50 million loan to bolster the nation's public financial management (PFM) system, encompassing public investment. This noteworthy development is illuminated in an official ADB press release. Jyotsana Varma, ADB Country Director for Cambodia, underscores the pi...

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World Bank’s Sustainable Move: US$163m Pledged for Water & Sanitation Advancements in Four Cambodian Provinces

In a landmark decision, the World Bank has greenlit a groundbreaking US$163 million initiative aimed at fortifying water and sanitation services across four pivotal provinces in Cambodia—Battambang, Pursat, Mondulkiri, and Kandal. This transformative project, spanning six years, is poised to directly impact over 175,000 individuals, primarily benefiting the marginalised and underserved populations...

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Japan’s Extends Over US$250K Grant Fuels Vital Projects in Prey Veng & Siem Reap

In a demonstration of unwavering friendship and commitment to fostering better living conditions, the Government of Japan has granted a sum of US$252,136 for two pivotal projects in Cambodia. This significant financial aid encompasses the construction of housing and equipment installations at the Prey Veng Provincial Rehabilitation Centre and the procurement of essential medical equipment for the ...

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Japan’s Generosity Paves the Way for Progress: Over US$420k Granted for Vital Projects in 3 Cambodian Provinces

In a gesture of strong bilateral ties, the Embassy of Japan in Cambodia has allocated a generous sum of US$424,907 to kickstart pivotal projects across three provinces. The signing ceremony for the Small-Scale Human Security Project (Kusanoni Grant) on 14 November 2023, marked the commencement of these transformative initiatives. The Acting Chargé d'Affaires of the Embassy of Japan, Mr Taninai ...

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Japan’s Additional US$350,000 Grant Paves Way for Educational & Clean Water Advancements in Cambodia

The Government of Japan has allocated a substantial sum of nearly US$350,000 to foster education and enhance clean water access in Cambodia. This benevolent initiative is facilitated under Japan's economic cooperation framework, specifically, the Grant Assistance for Grassroots Human Security Projects, known as the "KUSANONE" Grant. A significant portion of the grant, amounting to US$92,425, ha...

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Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024

Cambodia's Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation's burgeoning interest in the stock market, according to the Cambodia Investment Review​ update on 26 October  2023. Behind this surg...

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Cambodia’s Water & Sanitation Transformation: World Bank-Funded Project Reaches 36% Completion

In a significant step towards enhancing water supply and sanitation across Cambodia, a project supported by a US$55 million loan from the World Bank has reached an impressive 36.36% completion as of October 2023. The remarkable progress was the focal point of the meeting held on 6 November 2023, chaired by HE Dr. Ros Vanna, Secretary of State of the Ministry of Public Works and Transport. The o...

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Japanese Aid Breathes New Life into Angkor Wat’s West Porch – Officially Inaugurated

A vibrant moment of cultural preservation and international collaboration took center stage as the west porch of Angkor Wat, a priceless cultural treasure, was officially inaugurated. This triumph comes as a result of a steadfast partnership, with the Government of Japan providing over $100 million in crucial assistance to Cambodia, dedicated to the preservation of Angkor Wat and the meticulous re...

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