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ខ្មែរ Uncategorized
Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024
- 3 November 2023
The Cambodian Government is set to embark on a transformative journey by seeking international loans exceeding US$2.2 billion (IMF’s international reserving fund that can be converted into cash on demand). This dynamic endeavor, unveiled within the summary of the draft law on finance for management in 2024, is a testament to the nation's unwavering commitment to bolstering pivotal sectors for sust...
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Chinese Cart Tire Firm Plans to Infuse Additional US$208 Million to Expand its Business in Svay Rieng
- 3 November 2023
In a testament to Cambodia's thriving business landscape, Cart Tire, a prominent tire manufacturer nestled within the Qilu Special Economic Zone, is primed to fuel its growth with an ambitious US$208 million investment. This strategic move, earmarked for the expansion of Cart Tire's existing operations into phase III, reflects the company's dedication to both its local workforce and economic advan...
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New Thai Gov’t Adopts Fresh Approach in Offshore Oil Field Negotiations with Cambodia
- 2 November 2023
In a strategic pivot, the new Thai government has signalled its intent to engage Cambodia in talks regarding the overlapping development areas in the Gulf of Thailand. This shift represents a change in Thailand's negotiation approach, previously centred on demarcating maritime borders, and comes as a part of a new strategy under the leadership of Prime Minister Srettha Thavisin. According to a ...
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Catalysing Cambodia’s Digital Transformation: Two Ministries Join Forces to Launch Verify.gov.kh
- 2 November 2023
In a groundbreaking initiative, the Ministry of Posts and Telecommunications (MPT) and the Ministry of Culture and Fine Arts (MPWT) have inked a Memorandum of Understanding (MoU) on Cooperation, marking the birth of a verification database, Verify.gov.kh. This transformative move is set to revitalize Cambodia's digital governance landscape, aligned with the nation's Digital Government policy for 2...
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Battambang Earns UNESCO Accolade as Cambodia’s Pioneering Food Innovation City
- 1 November 2023
UNESCO has bestowed upon Battambang the distinguished title of Cambodia's first city to achieve UNESCO Food Innovation City status. This historic recognition was officially disclosed through a UNESCO press release on 31 October 2023. Battambang, acclaimed as a city where culinary art seamlessly intertwines with culture and innovation, is now celebrated for its exceptional contributions to susta...
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Revolutionising Waste Management: Four Companies Introduce Cutting-Edge Garbage-to-Fuel Machines in Siem Reap
- 1 November 2023
In a groundbreaking initiative, GAEA, in collaboration with SOKEN GROUP, ONE WORLD, and the CITY of KITAKYUSHU, together with the Siem Reap Tourism Club Association, have introduced cutting-edge waste-to-fuel recycling machines in Siem Reap. This innovative endeavor is set to make a significant impact on waste management in the region, promoting efficient and eco-friendly solutions. The unveili...
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Boeung Choeung Ek Wastewater Treatment Plant at 99% Completion, Promising a Cleaner Future
- 31 October 2023
In an extraordinary feat of engineering and environmental stewardship, the construction of the Boeung Choeung Ek Water Treatment Plant, with an estimated value exceeding US$20 million, has reached an impressive 99% completion as of October 30, 2023, and is poised for full operational status by November 2023. This remarkable progress report was unveiled by the Department of Public Works and Tran...
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Four Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets
- 31 October 2023
A consortium of European giants, including Airbus, DHL, Roche, and Lidl & Kaufland, are setting their sights on Cambodia, keen to explore the prospects of expanding their production within the burgeoning Southeast Asian nation. This strategic move was unveiled during a pivotal working meeting, held on 24 October 2023, orchestrated by the EU-ASEAN Business Council and led by HE Nuth Un Vanra, D...
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Bentley Systems Announces the 2023 Going Digital Awards in Infrastructure Founders’ Honors
- 31 October 2023
SINGAPORE – Oct. 12, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the 2023 Going Digital Awards in Infrastructure Founders’ Honors. During the 2023 Year in Infrastructure and Going Digital Awards event held today, 15 projects were recognized for Founders’ Honors. With input from senior company executives, Greg Bentley and K...
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Vietnam & Cambodia Collaborate to Boost Trade Efficiency and Reduce Shipping Costs
- 30 October 2023
Vietnam's Saigon Newport and Cambodia's Phnom Penh Autonomous Port (PPAP) have joined forces to foster sustainable business development and further invigorate economic and trade growth, cementing the rapport between these two nations. During the official signing ceremony on 28 October 2023, Ms. Her Panin, Deputy Director General overseeing the Phnom Penh Autonomous Port Operations, emphasized t...
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