Business and Market
In Four Months, PP-SHV Expressway Generated Almost US$11 Million
The Phnom Penh-Sihanoukville Expressway earned almost US$11 million in the first four months since the start of traffic charging on 1 November 2022 to 28 February 2023, according to the Ministry of Public Works and Transport. The ministry further announced that it is continuing to work with operators to enhance the provision of expressway services […]
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US$5m Electronic Compliance Factory Officially Opened in Pursat
An electronic products assembly plant in Pursat’s Krakor district was officially launched 26 February. The inauguration was held by Director General of Electricite du Cambodge (EDC) HE Keo Rattanak, Pursat Governor HE Khoy Rida and CEO of Precise Electric Manufacturing Amorn Daengchot. Built with an investment of US$5 million, the factory is located in Toteung […]
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Cambodia needs more skilled labours responding to high-tech industrial investment
Cambodia Prime Minister Samdech Hun Sen has said that Cambodia needs a large number of technical experts to meet the large investment in high-tech industries, as Cambodia has a number of electrical components and vehicle assembly plants. At the graduation ceremony for students of the National Polytechnic Institute of Cambodia on 27 February, PM Hun […]
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The 8th PropertyGuru Cambodia Property Awards seek the Gold Standard of real estate amid recovering domestic market
LOCAL PROPERTY SEEKERS IN CAMBODIA POWER THE DEMAND FOR SPACIOUS HOMES PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today launched the 2023 edition of the PropertyGuru Cambodia Property Awards, beginning the search anew for the kingdom’s finest property developers, design practices, and projects: the Gold Standard of real […]
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Cambodia’s air passengers in January 2023 increase almost 700% y-o-y
As of January 2023, Cambodia receives more than 400,000 passengers at Phnom Penh, Siem Reap and Sihanoukville International Airports, an increase of nearly 700% compared to the same period in 2022. According to HE Sin Chansereivutha, spokesperson at the State Secretariat of Civil Aviation (SSCA), the total number of passengers arriving at the three international […]
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Key Trends Driving the Architecture, Engineering, and Construction Industry
By Brenden Roche, Product Expert, Facilities Engineering, Bentley Systems The architecture, engineering, and construction (AEC) industry is no stranger to change and ever-evolving trends. Also, the global pandemic has forced many other industries to change course, and AEC is no exception. Global players are altering their businesses in response to not only the pandemic but […]
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Bentley Systems Launches iTwin Experience, iTwin Capture, & iTwin IoT to Extend iTwin
At the 2022 Year in Infrastructure Conference on 15 November, Bentley Systems announced new capabilities of its iTwin Platform, significantly extending the scope and interoperability of infrastructure data that engineering firms and owner-operators can use to create and leverage digital twins in design, construction, and operations workflows. The new iTwin Platform capabilities will power Bentley […]
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PM Hun Sen Announces Masterplan for New Economic Pole in Northwest Provinces
Cambodia Prime Minister Samdech Hun Sen has announced a master plan to establish a new economic pole based on “fish and rice” potential in Cambodia’s north western provinces. The announcement of a project to establish a “fish and rice economic pole” is in response to the Chinese president’s investment interest in agricultural and hydrological development […]
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Businesses Registered Via Single Portal Increases by 800 Companies Within a Month
As of February 2023, 21,609 companies and enterprises were registered in the government’s single portal, an increase of almost 800 companies compared to the previous month. The amount of capital registered was at US$6.15 billion, an increase of US$ .32 billion compared to the last month. (Read more) A report by the Ministry of Economy and […]
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Gov’t Urges Hungary to Invest More in Cambodia as Bilateral Trade Up 84% Y-o-Y
Cambodia has asked Hungarian investors to study and explore more trade and investment opportunities in Cambodia, as the two countries’ trade volume has increased significantly, reaching more than US$7 million in 2022. This is according to the meeting between Secretary of State of the Ministry of Commerce HE Tek Reth and new Ambassador of Hungary […]
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