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Gov’t Invests in Tomorrow’s Digital Leaders with Community Technology Centres in High Schools
The Ministry of Posts and Telecommunications and the Ministry of Education, Youth, and Sports have forged a collaborative pact to nurture the nation’s future digital leaders in Cambodia. A Memorandum of Understanding, inked on 9 October 2023, paves the way for the establishment of Community Technology Centres within public high schools, with the aim of […]
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Pioneering the Future of Solar Exploration: UK and Europe Unite to Build Europe’s Largest Solar Telescope in Spain
A groundbreaking collaboration between the University of Sheffield and nine European countries, including the United Kingdom, has been unveiled, heralding the creation of the European Solar Telescope (EST). Poised to be the largest solar telescope in Europe, this ambitious project aims to unlock unprecedented insights into space weather phenomena, revolutionizing our understanding of the sun’s […]
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Stamp Duty Exemption Costs the Gov’t Nearly US$2 Million in Revenue
Over the period spanning from February 25, 2020, to May 2023, the General Department of Taxation (GDT) has granted stamp duty exemption on the transfer of ownership or possession of immovable properties. According to the GDT’s weekly newsletter published on June 29, a total of 1,022 documents were exempted, resulting in a cumulative tax amount […]
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UN, GGGI, and Cambodia Government Join Forces to Empower Green Bond Issuers
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC) have partnered with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo to launch the Cambodia Sustainable Bond Accelerator (CSBA), an initiative designed to provide crucial support […]
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Aeon Mall Meanchey Selected as a Prime Station for Phnom Penh-Techo International Airport Rail Line
In an exciting development for Cambodia’s transportation infrastructure, the Ministry of Public Works and Transport (MPWT) has officially announced that the upcoming light rail or underground train project connecting Phnom Penh to Techo International Airport in Kandal province will include a strategically located station at Aeon Mall Meanchey. This significant update was disclosed by HE […]
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Collaboration for Growth: CHA and LAC Join Forces to Enhance Cambodia’s Hotel and Tourism Industry
The Cambodia Hotel Association (CHA) and Lanmei Airlines Cambodia (LAC) have forged a strategic partnership through the signing of a significant Memorandum of Understanding (MOU), aimed at fostering cooperation and synergy within Cambodia’s thriving hotel, tourism, and supply chain sectors. In a momentous agreement sealed on June 2, 2023, the two esteemed entities will leverage […]
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Kep Authorities Set to Construct New Cargo Port, With Completion of White Horse Port Nearing
Kep provincial authorities have unveiled plans to embark on the construction of a state-of-the-art cargo port, valued at over US$ 1 million, while also nearing the completion of the White Horse Port, which is currently 70% finished. These significant developments were announced by HE Som Piseth, Governor of Kep Province, during a press conference highlighting […]
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Cambodia’s US$ 1 Billion Dollar Deep-Sea Port Now Open for Business
Cambodia’s Prime Minister Hun Sen inaugurated the country’s first deep-sea port on 1 May 2023. The almost US$1 billion construction project will expand Cambodia’s sea freight capacity, in line with its growing economic and trade growth. The new port will have a water depth of 14.5 meters in the first phase of construction, and 16.5 […]
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Phnom Penh-Bavet Expressway Breaks Ground in June 2023, Boosting Cambodia’s Connectivity
The long-awaited Phnom Penh-Bavet Expressway is set to break ground on June 7, 2023, as announced by HE Sun Chanhtol, Senior Minister and Minister of Public Works and Transport. The 135-kilometer expressway, which is the second to connect Cambodia’s capital to Bavet City, Svay Rieng province, is expected to boost the country’s connectivity and promote […]
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Cambodia to Build Tallest Bridge Worth Nearly $23 Million in Pursat
The Ministry of Public Works and Transport is embarking on a groundbreaking project in Cambodia, with the construction of the tallest bridge across the Russey Chrum River in Pursat province. The bridge is part of the construction project of National Road No. 10 connecting Battambang-Pursat-Koh Kong and is set to become a significant landmark in […]
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