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Australia & Cambodia Unveil Advanced Food Quality Testing Service to Boost Agro-Food Safety
Australia, in collaboration with the Institut Pasteur du Cambodge, has officially launched a cutting-edge food quality testing laboratory in Cambodia, aiming to enhance food safety and market competitiveness for the country's agro-food sector, according to a press release from the Australian Embassy on 16 October 2024. The new facility, which adheres to ISO standards for pesticide and heavy met...
Read MoreVSIP Reports 146% Surge in H1 Profits Amid Expanding Industrial Park Portfolio
Vietnam-Singapore Industrial Park J.V. Co., Ltd (VSIP), Vietnam’s leading industrial park developer, reported a significant 146% increase in net profit, reaching USD 43.84 million in the first half of this year, driven by robust growth in its industrial park operations. This performance boosted the company’s return on equity (ROE) to 6.61%, up from 3.13% in the same period last year, according to ...
Read MorePhnom Penh to Undergo AI-Driven Renovation of Norodom Boulevard & Sisowath Quay
The Ministry of Land Management, Urban Planning, and Construction has announced plans to renovate two of Phnom Penh's prominent boulevards—Norodom Boulevard and Sisowath Quay—leveraging artificial intelligence (AI) technology to enhance urban aesthetics and functionality. The initiative was disclosed by HE Leang Monirith, Secretary of State of the Ministry, during a workshop on infrastructure deve...
Read MoreBassac River Crossing Project (Chak Angre Krom – Prek Pra) Progresses Towards Completion, Reaching 14.5%
The Bassac River Crossing Project, linking Chak Angre Krom and Prek Pra, has achieved 14.5% completion by mid-October 2024, marking significant progress in the infrastructure development initiative. The Ministry of Public Works and Transport provided this update on 17 October 2024, highlighting that the project began on 19 February 2024 and is steadily advancing towards its goal. Once finished,...
Read MoreCambodia’s First Regional Nursery Nears 20% Completion, Pioneering Green Initiatives in Tbong Khmum
Cambodia's first regional nursery, located in Preah Theat commune, Ou Raing Ov district, Tbong Khmum province, has reached 20% completion, marking significant progress in the country's ambitious reforestation efforts. The update came during an inspection visit by HE Dr Eang Sophalleth, Minister of Environment, on 8 October 2024. Set across more than 3 hectares, this pioneering nursery is design...
Read MoreFrance & EU Set to Boost Phnom Penh Water Supply’s Capacity for Clean Water Development
The French Development Agency (AFD) and the European Union are gearing up to enhance the capabilities of the Phnom Penh Water Supply Authority (PPWSA) initiative to strengthen Cambodia's water sector, starting in early 2025. This plan, aimed at advancing the Sixth Sustainable Development Goal of universal access to clean water and improved sanitation, was announced after discussions on 14 Octob...
Read MorePrivate Sector Prioritises Three Key Measures to Boost Cambodia’s Automotive & Electronics Industry
Cambodia's private sector has identified three pivotal measures from a list of 20 priorities to drive the development of the nation's automotive and electronics industry. This decision emerged from the second meeting of the Advisory Council for the Development of the Automotive and Electronics Sector, organized by the Council for the Development of Cambodia (CDC) on 10 October 2024, with over 1...
Read MoreCambodia-ASEAN Trade Surpasses USD 10bn in Eight Months, Achieving Over 11% Growth
Cambodia's trade volume with ASEAN nations soared past USD 10 billion in the first eight months of 2024, reflecting a remarkable growth of more than 11% compared to the same period last year, as highlighted in a report by the General Department of Customs and Excise, released by the Ministry of Information on 27 September 2024. The report detailed Cambodia's export of approximately USD 3.43 bil...
Read MoreCanada to Establish Embassy in Phnom Penh, Strengthening Diplomatic & Trade Ties
Canada has announced plans to open an embassy in Phnom Penh, aiming to enhance its long-standing relationship with Cambodia and expand trade cooperation between the two nations. This decision was confirmed during a working meeting between PM Hun Manet and Canadian PM Justin Trudeau on 10 October 2024 in Vientiane, Laos. PM Trudeau informed Hun Manet of Canada's intention to establish the embass...
Read MoreSvay Pak Pumping Station Nears Completion, 96% Finished, Set to Alleviate Northern Phnom Penh Flooding
The new Svay Pak pumping station, crucial for addressing the flooding in northern Phnom Penh, is now 96% complete, according to the Phnom Penh Department of Public Works and Transport's update on 9 October 2024. The project is part of a broader initiative to expand flood control capabilities in the city, with the station's total capacity set to increase to 35 cubic meters per second once comple...
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