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ខ្មែរ Uncategorized
Singapore Emerges as Top Cross-Border Investor in Asia Pacific Real Estate in 2023
- 26 March 2024
Singaporean investors took the lead as the most prolific cross-border investors in the Asia Pacific region in 2023, surpassing their American counterparts. Their investment amounted to approximately US$8.3 billion ($11.1 billion), exceeding the US$7.3 billion invested by US investors during the same period, as reported by MSCI Real Assets on 27 February 2024. Notably, Singaporean investors main...
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Australian-Cambodian Partnership Launches 1,000-Hectare Smart Corn Farm in Siem Reap
- 26 March 2024
AG AGRIBUSINESS ASIA (CAMBODIA) CO., LTD. has collaborated with ING Holdings Co., Ltd. in Cambodia to inaugurate a state-of-the-art corn farm spanning approximately 1,000 hectares in Siem Reap province. During the inauguration ceremony on 25 March 2024, attended by HE Prak Sophoan, Governor of Siem Reap, Mr. Benjamine Bootle, Managing Director of AGG Business Asia, and Mr. Ing Siv Khov Akka, Di...
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Cambodia’s Exports Surge to Nearly US$12bn Under New Government within Six Months
- 26 March 2024
Cambodia's export trade has soared to impressive heights under the leadership of the new government, with a remarkable trade volume of US$11.8 billion recorded from September 2023 to February 2024. This figure reflects a substantial increase of 16.57% compared to the corresponding period last year. PM Samdech Hun Manet disclosed these statistics during the plenary session of the Council of Ministe...
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World Bank Allocates US$35 Million for Climate-Resilient Road Project in Cambodia
- 25 March 2024
The World Bank has greenlit an additional US$35 million credit to fortify road infrastructure against climate change impacts in three Cambodian provinces, as announced in a recent press release. This allocation, approved by the World Bank’s Board of Executive Directors on 15 March, supplements the ongoing Cambodia Road Connectivity Improvement Project (RCIP), aimed at enhancing access to markets, ...
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Cambodia Secures US$1.81bn in Concessional Loans for Public Investment Projects in 2023
- 25 March 2024
In 2023, the Cambodian government inked substantial concessional loan agreements with development partners, amounting to a noteworthy US$1.81 billion. This figure represents 79% of the legal ceiling permitted by law (SDR 1,700 million), as revealed in the Cambodian Public Debt Statistics Bulletin released by the Ministry of Economy and Finance. The newly signed concessional loan agreements cons...
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Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan
- 24 March 2024
COO Nicholas Cumins to be Promoted to CEO July 1, 2024, as Greg Bentley will Transition to Executive Chair London – March 21, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors. Nicholas Cumins, current...
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Bentley Systems Celebrated World Engineering Day by Highlighting Key Sustainable Infrastructure Projects
- 24 March 2024
In 2019, the UN Educational, Scientific & Cultural Organization (UNESCO) established World Engineering Day to acknowledge the critical role of engineering and engineers worldwide in fostering a better and more sustainable world. On the fourth anniversary of this significant day, Bentley Systems took the opportunity to highlight its contributions to sustainable engineering processes. In a po...
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Cambodia Secures EU Grant Aid Worth Nearly US$86m to Boost Key Sectors
- 23 March 2024
Cambodia and the European Union (EU) have formalised a grant aid agreement amounting to almost US$85.6 million, aimed at bolstering pivotal sectors crucial for sustainable development. The signing ceremony, presided over by HE Dr Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, alongside representatives from the European Union Member States, marks a significant mileston...
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APSARA Authority Expands Angkor Botanical Garden to 150 Hectares to Enrich Tourist Experience
- 22 March 2024
The APSARA Authority has embarked on a significant expansion project, enlarging the Angkor Botanical Garden from its original 15 hectares to an expansive 150 hectares, aimed at enhancing the tourism appeal of the renowned heritage site. Mr. Lay Poti, Deputy Director of the Department of Water Management, Forestry, and Infrastructure of the APSARA Authority, confirmed this development to Radio Nati...
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Cambodia Secures Japanese Loan of US$154m to Establish Two New Hospitals in Two Provinces
- 21 March 2024
PM Samdech Hun Manet has announced a landmark initiative by the Cambodian government to enhance healthcare services by constructing two regional hospitals in Kampong Cham and Siem Reap. This strategic move, unveiled during the 43rd Health Review Meeting on 19 March 2024, aims to address the growing demand for quality healthcare across the nation. During the meeting, PM Hun Manet underscored the...
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