ADB demonstrates support for clean water development in Cambodia through a USD 400 million large-scale financing project by 2025
The Asian Development Bank (ADB) is committed to further strengthening urban development in Cambodia through the USD400 million Large-Scale Financing (MFF) project, which is scheduled for approval by the end of 2025. The initiative comes after the success of an ongoing USD119 million project in the Battambang and Kampong Cham provinces. This was stated in […]
In 10 Months, Cambodia Earns Over USD 37 Million from Angkor, Koh Ker, and Boating Tickets
From January through September 2024, Cambodia generated USD 36,824,852 in ticket sales from Angkor, Koh Ker, and boat rides—a substantial revenue gain that reflects the country’s appeal to international visitors. This information was reported by the Angkor Institute on 1 October 2024. The data indicates that, during these ten months, 774,203 foreign tourists purchased tickets […]
Cambodian Gov’t Revitalises 165 Stalled Projects in Sihanoukville in Record 10 Months
The Cambodian government has tackled 165 previously stalled projects within just ten months, spurred by the Sihanoukville Investment Promotion Team’s special incentive programme, initiated by Prime Minister Hun Manet on 31 January 2024 and active through October 2024. According to an announcement on 24 October 2024 from the official task force’s Facebook page, the revitalised […]
Phnom Penh-SHV Expressway to Implement Full Toll Rates from 1 November
The Phnom Penh-Sihanoukville Expressway Company has confirmed it will transition to full toll rates beginning 1 November 2024, concluding a 20% discount period that will end at 00:00 on 31 October. This was detailed in the company’s official announcement, dated 31 October 2024. In continued support of smoother travel, the expressway company will offer Electronic […]
Indonesia Sets Sights on Becoming Southeast Asia’s Leading Electric Vehicle and Battery Hub
Indonesia has declared its ambition to become the largest electric vehicle (EV) and EV battery hub in Southeast Asia, a move highlighted by the opening of the region’s first EV battery manufacturing facility last July, according to a statement by vietnamplus, 28 October 2024. This pioneering plant, a $1.1 billion joint venture between Hyundai Motor […]
Cambodia’s Tourism Rebounds to Near Pre-Crisis Levels, But Chinese Arrivals Lag Behind Regional Peers
Cambodia’s tourism sector is witnessing a robust rebound in 2024, with international arrivals reaching 4.4 million in the first eight months, a 22.5% surge compared to the same period last year. This strong performance brings the country within 1.6% of its pre-crisis peak of 6.9 million visitors in 2019, highlighting the sector’s steady recovery after […]