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ខ្មែរ Uncategorized
Chinese Premier Li Spearheads Intelligent Technological Advancements for Sustainable Development in Lancang-Mekong Region
- 28 December 2023
In a visionary move to fortify regional cooperation and technological progress, Chinese Premier Li Qiang took the lead in proposing cutting-edge solutions and sustainable initiatives during the fourth Lancang-Mekong Cooperation (LMC) Leaders' Meeting. The virtual summit, attended by leaders from Cambodia, Laos, Myanmar, Thailand, and Vietnam—the five ASEAN member states traversed by the Mekong Riv...
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The Gov’t urge to implement to build a light rail line connecting Siem Reap to the new airport
- 28 December 2023
An inter-ministerial commission with China Metro Group has been pushing for discussions on a light rail development (LRT) project connecting Siem Reap-Angkor International Airport to Siem Reap. This is according to the meeting chaired by HE Sun Chanthol, Deputy Prime Minister, First Deputy Chairman of the Council for the Development of Cambodia, and Chairman of the Inter-Ministerial Commission on ...
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PM Signifies Demographic Census Data as a Compass for Policymaking With Over 750,000 Enterprises Updated
- 26 December 2023
As of March 2022, Cambodia boasts a total of 753,670 operational firms, showcasing a staggering 49% increase compared to the 2011 economic census, which recorded 505,134 enterprises. This significant revelation was released the Ministry of Planning on 26 December under the auspices of Samdech Hun Manet, Prime Minister of Cambodia, which disclosed a remarkable surge in operational enterprises. T...
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Vietnamese Giant Tech FPT Accelerates Tech Footprint in the U.S. with US$100m Investment in Auto Services
- 26 December 2023
Vietnam's technology behemoth, FPT Corporation, has embarked on an ambitious venture into the U.S. automotive sector with the inauguration of FPT Automotive, a specialized unit based in Texas. This strategic move is part of a substantial US$100 million investment earmarked for the automotive industry over the next five years. This is according to the Nikkei Asia on 18 December 2023. FPT Automot...
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Cambodia-Japan Special Economic Zone Unveiled: A Strategic Alliance for Economic Prosperity
- 26 December 2023
In a pivotal meeting between key inter-ministries and a high-level Japanese delegation led by HE Ueno Atsushi, Ambassador of Japan to Cambodia, discussions unfolded on a groundbreaking initiative—the establishment of the Cambodia-Japan Special Economic Zone. Chaired by HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, the meeting aimed t...
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Apple Transfers Key iPad Engineering Resources to Vietnam
- 25 December 2023
In a strategic move, Apple is reportedly channeling product development resources for its iPad to Vietnam, marking a significant shift in its global manufacturing landscape. Collaborating with China's BYD, a pivotal iPad assembler, Apple is set to transfer New Product Introduction (NPI) resources to Vietnam—an unprecedented move for a core device, according to sources briefed on the matter, as rep...
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European Ventures into Cambodia’s Thriving Port and Logistics Landscape
- 25 December 2023
CMA CGM (Cambodia) Co., Ltd. A subsidiary of CMA CGM, the world's third-largest French container company has expressed a keen interest in spearheading two transformative projects in port transportation and logistics within Cambodia. The announcement came following a pivotal meeting between Ms. Esra BORA, General Manager of Cambodia/Vietnam for CMA CGM, and HE Peng Po, Minister of Public Works and ...
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Cambodia Accelerates Industrial Growth with Two New Tyre Manufacturing Giants
- 25 December 2023
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 Vuthy, Secretary-General of the Cambodia Investment Board (CIB) at the Council f...
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Cambodia Takes a Stand for Environmental Conservation: Prey Lang Mining Licenses Suspended
- 25 December 2023
In a groundbreaking move towards environmental preservation, the Cambodian government, led by Prime Minister Samdech Hun Manet, has declared a halt on the issuance of mining licenses in the ecologically significant Prey Lang area. This pivotal decision was announced during the closing ceremony of the 2023 work review meeting and the 2024 work direction of the Ministry of Environment on 21 December...
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Industry Ministry Registers 201 New Factories Amidst Growth Challenges
- 23 December 2023
The industrial sector in Cambodia witnessed a robust surge as the Ministry of Industry, Technology, Science, and Innovation proudly registered 201 new factories in the first 11 months of 2023. Simultaneously, 93 factories have either closed or temporarily shut down, marking a dynamic landscape of growth and adaptation. According to HE Heng Sokkung, Secretary of State at MISTI, the total count o...
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