France plans to build a museum near Koh Ker to attract tourists
France is planning to build a museum near Koh Ker to attract tourists to both the temple and the museum. This plan was discussed by HE M. Vincent ÉBLÉ, Senator of the Seine-et-Marne (Île-de-France) and Chairman of the Franco-Cambodian Friendship Group during a meeting with Samdech Techo Hun Sen on May 17, 2024. During the […]
Korea Industrial Alliance wants to come to Cambodia to invest in three key sectors
New companies of the Korea Industrial Alliance Forum are looking to invest in expanding their business operations and investing in the furniture, engineering, and automotive sectors in Cambodia. This is according to the working discussion between His Majesty the King and Mr. MARN Ki-jeong, President of the Korea Federation of Industries (KIAF) on May 17, […]
China wants to assist US$10m to Cambodia to build a counterfeit product laboratory
The Suzhou Institute of Construction Science in China has expressed its intention to help establish a counterfeit product laboratory in Cambodia with an investment of over US$10 million. The company is currently in discussions with Cambodian authorities to expedite the process. This was communicated during a working meeting between Mr Jack Yang, Director General of […]
Artisan Angkor Silks Aims to Expand Khmer Silk Production with 15-Hectare Mulberry Plantation
Siem Reap-based Artisan Angkor Company is embarking on an ambitious project to bolster Khmer silk production. The company representatives met with Lok Chumteav Im Rachana, Undersecretary of State of the Ministry of Agriculture, Forestry and Fisheries, to discuss plans for a new 15-hectare mulberry tree plantation, on 18 May 2024. This initiative signifies a commitment […]
Chinese Company YIG Eyes SEZ Opportunity Near Siem Reap Angkor International Airport
In a move that could significantly bolster Siem Reap’s economic landscape, YIG, a major Chinese investment firm, has expressed interest in developing a special economic zone (SEZ) near the newly constructed Siem Reap Angkor International Airport. This interest was conveyed during a meeting on 17 May 2024 between HE Chea Vuthy, Secretary General of the […]
Cambodia Prepares Strategic Budget Plan 2025 to Weather Global Economic Headwinds
The Cambodian government is taking proactive measures to safeguard its economic stability in the face of a challenging global economic climate. On 13 May 2024, Circular No. 06. US was issued, outlining the development of a strategic budget plan for 2025-2027, alongside a draft law on financial management specifically for 2025. This initiative underscores the […]