· 280 articles
In a landmark initiative for Cambodia, the Cambodia Mine Action and Victim Assistance Authority (CMAA) has introduced the Cambodia Mine Action Management Information System, a pioneering venture set to redefine the approach towards mine clearance and victim assistance in the country. This innovative system is launched as Cambodia prepares to host the fifth Review Conference…
The potential for a Light Railway system to bridge Phnom Penh with its new airport and the city’s anticipated metro network was showcased by representatives from China Metro Group and Guangzhou Metro Group. The presentation took place during a meeting with Cambodia’s Inter-Ministry Committee, as announced by the Council for the Development of Cambodia (CDC).…
In a significant stride within the real estate sector, JS Land Plc, a company listed on the Cambodia Securities Exchange (CSX: JSL), reported notable achievements in its construction projects and sales performance for the fourth quarter (Q4) of the 2023 fiscal year (FY). Despite a general deceleration in the condominium market, JS Land Plc has…
In Cambodia, there’s been a noticeable uptick in savings held in deposit-taking microfinance institutions (MFIs). In 2023, the combined deposit balance in four key MFIs – AMK Plc, Amret Plc, LOLC (Cambodia) Plc, and Mohanokor Plc – reached $2.22 billion. This marks a significant 11 percent rise from the previous year’s $2 billion, according to…
The global economic landscape is intricately shaped by the contributions of key individuals and corporate conglomerates. Within this global framework, Cambodia’s Oknhas and South Korea’s Chaebols stand out as influential entities that have significantly impacted their countries’ economic development. This analysis delves into the parallels and distinctions between these two groups and explores how Cambodia…
On the 15th of March, 2024, a significant meeting took place within the Ministry of Foreign Affairs and International Cooperation of Cambodia, chaired by Her Excellency KHIEV Sophany, Secretary of State. The gathering included high-ranking officials such as Under-Secretaries of State and Directors General, all convened to deliberate on the Economic Diplomacy Strategy set for…
Following the sudden closure of Y&W Garment Co, the Ministry of Labour and Vocational Training has announced the availability of more than 2,547 job positions for the affected employees. This announcement comes as a relief for the workforce left in uncertainty after the factory’s unexpected shutdown. The National Employment Agency (NEA), under the ministry’s umbrella,…
The European Union (EU) has reaffirmed its support for Cambodia as the nation prepares to transition from its Least Developed Country (LDC) status, expressing readiness to engage in discussions regarding the Generalised Scheme of Preferences Plus (GSP+). This assurance came from European Commissioner for International Partnerships, Jutta Urpilainen, during a press briefing held at the…
The initial phase of the Techo International Airport, sprawling across Kandal and Takeo provinces, is on track for completion in October of this year. The grand opening of the airport is anticipated for the middle of 2025, according to informed sources. Recent updates from the State Secretariat of Civil Aviation reveal that as of February…
In a significant economic development, Cambodia has successfully drawn in foreign investments totaling $1.3 billion during the initial two months of the current year, as reported by the Council for the Development of Cambodia (CDC). This substantial inflow represents a dramatic surge, exceeding 500% in comparison to the figures from the corresponding period in 2023,…
In a move to enhance service accessibility and promote transparent operations, the Ministry of Commerce announced the inauguration of its new public telephone line, coded as “1266,” starting from Monday, March 11, 2024. This initiative is set to provide a reliable communication channel for both the business sector and the general populace, aiming to facilitate…
From March 12 to 14, tech enthusiasts and industry players are set to converge at Cambodia Tech Catalyst 2024, a three-day event aimed at igniting innovation and fostering collaboration within Cambodia’s burgeoning tech landscape. Organized by OCIC and Google Cloud, the event is expected to draw 500 attendees and promises a lineup of insightful sessions,…
In an event that promises to be nothing short of transformative, Cambodia is gearing up to welcome His Holiness Sri Sri Ravi Shankar, a globally celebrated figure known for his humanitarian efforts and peacemaking initiatives. The founder of the Art of Living and the World Forum for Ethics in Business, Sri Sri Ravi Shankar, is…
