Cambodia and Korea Strengthen Economic Partnership in 2024
The bilateral trade volume between Cambodia and the Republic of Korea has surged to USD 762 million by the end of 2024, marking an impressive increase of 11.49 percent compared to the previous year, according to a report from the Ministry of Commerce. Cambodia’s exports to Korea have reached USD 288 million, reflecting a robust […]
The rapid progress of riverbank construction in Kampong Cham has reached 65%
In a remarkable display of swift action and engineering prowess, the construction of a vital riverbank in the Srey Santhor district has surged ahead, reaching an impressive 65% completion in under a month. The Moan Dob Leu village project, Meanchey commune, commenced on December 23, 2024, following the alarming collapse of the Mekong River bank […]
Evercore Focuses on Clean Energy Investment in Cambodia
The Global investment banking firm Evercore is interested in investing in Cambodia’s clean energy sector. During a meeting on January 8, 2025, between Prime Minister Hun Manet and Evercore Asia President Keith Magnus, the firm also expressed interest in the country’s emerging sectors, including energy, health, and tourism. Magnus emphasized Evercore’s operations and its intention […]
Kampong Cham Province Achieved Significant Infrastructure Development in 2024
In a remarkable stride towards improving its infrastructure, Kampong Cham Province has completed over 119 kilometers of road construction in 2024. This achievement was announced by HE Un Chanda, the Governor of Kampong Cham Province, during a press conference. During the year 2024 alone, the province welcomed 27 projects aimed at developing DBST (Dense Bituminous […]
ADATA Technology Eyes Electric Car Factory Investment in Cambodia
In a significant development for Cambodia’s green industry, well-known Taiwanese tech company ADATA Technology Co., Ltd. is exploring opportunities to invest in an electric vehicle manufacturing plant in the country. During a meeting held on January 2, 2024, HE Dr. Eang Sophalleth, the Minister of Environment, welcomed Mr. Simon Chen, CEO of ADATA Technology. The […]
Surge in Visitor Traffic at Bavet International Border Crossing
In 2024, Bavet International Border Crossing welcomed over 1.5 million national and international travelers. Recent reports from Apsara newspaper highlight that in the first 12 months of 2024, the border crossing in Svay Rieng Province admitted 1,578,699 visitors hailing from 172 different countries. This marks an impressive increase of 187,687 visitors, or 16.06%, compared to […]