Business and Market
Cambodia Accelerates Industrial Growth with Two New Tyre Manufacturing Giants
Cambodia is set to welcome two new players in the tire manufacturing sector. The move will elevate the total count of tire factories in the country to five, marking a substantial expansion in the realm of rubber production. During his address at the annual meeting of the Ministry of Commerce on 21 December, HE Chea […]
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Thailand’s EV Brand Launches First Production with 20,000 Annual Capacity
Embarking on a significant milestone in its global growth strategy, Hozon Auto’s electric vehicle (EV) brand, Neta, commenced production at its inaugural overseas factory in Thailand on 30 November, exceeding initial expectations. The Thai facility, with an annual production capacity of 20,000 units, symbolizes Neta’s commitment to strengthening its foothold in right-hand drive markets. The […]
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Tesla’s Cybertruck Hits the Roads: Deliveries Commence End November After 2-Year Wait
In a much-anticipated move, Tesla initiated deliveries of its groundbreaking Cybertruck on Thursday 30 November, officially venturing into the competitive pickup market in Austin, Texas, according to The Guardian on 1 December 2023. Priced between US$60,990 and US$99,990 for its three variants, Elon Musk, Tesla’s CEO, confidently asserted that the Cybertruck offers “more utility than […]
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Cambodia’s Exports Surge to Over US$20bn, Marking a Resilient 1.2% Growth in 2023
Cambodia has recorded a noteworthy surge in exports, surpassing the US$20 billion mark in the first 11 months of 2023. The General Department of Customs and Excise of Cambodia reports a commendable 1.2% increase compared to the corresponding period in 2022, showcasing the nation’s steadfast position in the global trade landscape. From January to November […]
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Vietnam’s Ceramic Industry Soars: Ranks Among Top 10 Global Producers
In a remarkable achievement for Vietnam’s construction sector, Deputy Minister of Construction Nguyen Van Sinh announced that the country has secured a prestigious spot among the world’s top 10 construction ceramic producers. Notably, Vietnam stands out as the world leader in ceramic tile output, claiming the impressive fourth position globally. This revelation, reported by vietnam.postsen.com […]
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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, […]
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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 […]
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CamDX Soars: Construction & Real Estate Firms Propel Investment Beyond US$2 Billion Mark by November
The information technology nursery, CamDX, has emerged as the harbinger of prosperity, boasting over US$2 billion in investments from construction and real estate companies combined. As of 19 November 2023, Cam DX’s robust business registration system has recorded a substantial infusion of capital, with the construction sector leading at US$1.11 billion, closely followed by real […]
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bp Selects AssetWise Lifecycle Information Management and AssetWise Reliability as Standard for Information Management and Asset Integrity
For an Enterprise-wide Approach to Asset Information Management in Parallel with Structural Integrity and Reliability Management EXTON, Pa. – Nov. 2, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR), part of Bentley Infrastructure Cloud, […]
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Cambodia CCA to Form Large-Scale Business Ties with Malaysian Chamber of Commerce & Biggest Malaysian SME Association
In a pivotal move towards fostering international business ties, the Cambodia Constructors Association (CCA) orchestrated a momentous meeting with the Malaysia-Cambodia Chamber of Commerce (MCCC) on 8 November 2023. The high-profile meeting, hosted by Oknha Charles Van, representing Neak Oknha Pung Kheav Se, President of CCA, and attended by Mr Dato’s Sri Dr Rick Yaw, […]
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