Japanese Firm, MIRARTH, Expands Cashew Processing in Kampong Thom with Plans to Extract Oil from Cashew Shells

MIRARTH, a Japanese company operating in Kampong Thom, is significantly expanding its cashew nut processing capacity from 300 tons per year in 2021 to 1,500 tons annually while exploring new avenues for refining oil from cashew shells. This initiative reflects the company’s commitment to innovation and value-added processing within Cambodia’s agricultural sector. The company presented a two-yea...

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MPWT Completes Trapeang Sre Border Gate Project, Paving Way for Next-Phase Development

The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia f...

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Pinglu Canal Set to Revolutionise China-ASEAN Trade Routes, Achieves 53% Milestone

The Pinglu Canal, a pivotal infrastructure project in southern China’s Guangxi Zhuang Autonomous Region, has already seen 53.2% of its construction completed since work began on 28 August 2022. This major progress was reported on 10 September 2024. With a total investment of approximately USD 9.97 billion, this ambitious project is expected to open new trade corridors between China and ASEAN co...

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Malaysia Completes Merdeka, World’s 2nd Tallest Skyscraper at 678.9m Amid Concerns Over Demand

Malaysia has added yet another architectural marvel to its skyline with the completion of the 678.9-metre Merdeka 118, now the world’s second-tallest building, following only Dubai’s Burj Khalifa. The towering structure, which will be fully open to the public later this year, further cements Kuala Lumpur’s position as a city of super-tall skyscrapers. However, the rapid growth in high-rise develop...

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Honda to Expand Capital Investment in Cambodia After 25 Years of Success

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 PM Pushes Forward with Major Development of Four Northeastern Provinces Despite CLV-DTA Withdrawal

Cambodia’s Prime Minister, Samdech Thipadei Hun Manet, has reaffirmed the government's commitment to advancing the development of four northeastern provinces despite the nation's recent exit from the Cambodia-Laos-Vietnam Development Triangle Cooperation (CLV-DTA). The premier made the announcement via a special voice message on 23 September 2024, underscoring that the Royal Government will procee...

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Minebea Breaks Ground on USD 200m Factory in Pursat SEZ

Japanese electronics giant Minebea officially commenced construction of its USD 200 million factory on a 50-hectare site within the Krakor SEZ, Pursat province on 20 September 2024 by HE Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, along with HE Keo Rattanak, Minister of Mines and Energy, and other high-profile officials. The project m...

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The final 35km Section of NR No. 5, Valued at Over USD 52m, Reaches 25% Completion

The final section of Cambodia’s NR No. 5, spanning 35.14 km between Serey Sophorn and Poipet, has reached 25% completion as of early September 2024, according to the Ministry of Public Works and Transport, 18 September 2024. With a project cost of USD 52.56 million, funded by the Government of Cambodia and Japan’s Credit Assistance, the road is scheduled for completion by March 2025. (Read more...

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Hong Kong International Airport Surpasses Changi to Become Asia’s Leading Hub in 2024

Hong Kong International Airport has overtaken Singapore's Changi Airport to claim the prestigious title of "Asia's Leading Airport" at the 2024 World Tourism Awards, according to Seasia on 9 September 2024. This marks a significant milestone, as Changi Airport had held this top position for several consecutive years before the pandemic. The win highlights Hong Kong's rapid recovery and growi...

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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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