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Cambodia is poised to establish itself as a prominent hub for regulated digital asset trading, offering a secure, transparent, and controlled environment for buying and selling various cryptocurrencies. The Royal Group’s Senior Manager, Thomas Schings, shared this visionary outlook during a conversation with Khmer Times, accompanied by renowned crypto expert Dave Lee, the founder of…
In a remarkable feat, Cambodia has witnessed an extraordinary surge in the export of non-garment manufacturing products, marking a significant diversification of its economic landscape. The latest report from the General Department of Customs and Excise reveals that in the past year, Cambodia exported non-garment manufacturing products worth $3,129 million, representing an astounding 56 percent…
In an exciting development for Cambodia’s sustainable energy ambitions, renowned French firm, The Blue Circle, celebrated for its pioneering contributions to wind power generation, is poised to make substantial investments in Cambodia’s burgeoning wind energy sector. Recognizing the nation’s immense potential in renewable energy, The Blue Circle’s strategic vision aligns perfectly with Cambodia’s commitment to…
On a crisp winter day in Davos, Switzerland, the stage was set for a significant diplomatic encounter as Cambodian Prime Minister Hun Manet received a courtesy call from the Secretary General of the Organisation for Economic Co-operation and Development (OECD), Mathias Cormann, on Tuesday, January 16th. The meeting, which took place against the backdrop of…
In a bid to bolster economic, cultural, and tourism ties between Cambodia and the People’s Republic of China, Cambodian Consul General Heng Poeu embarked on a mission to explore new avenues of collaboration. On the 15th of January 2024, Heng Poeu met with Mayor Ye Niuping of Xi’an to discuss the potential establishment of direct…
Cambodia and China have solidified their commitment to a monumental partnership, marked by the signing of a Memorandum of Understanding (MoU) to invest a staggering $1 billion (€910 million) in collaborative rubber and tire projects. The Cambodia Development Council (CDC) has officially announced this groundbreaking agreement, underscoring the potential for economic development and technological advancement…
In a significant announcement, Cambodian Prime Minister Hun Manet has revealed that Cambodia has successfully secured the opportunity to host the Francophonie summit in 2026. This accomplishment is the result of Cambodia’s proactive efforts and garnered support from none other than the President of France. Prime Minister Hun Manet shared this exciting news during a…
In a momentous achievement, the iconic Angkor Wat temple in Cambodia has secured the coveted title of the best place to witness the sunrise, not only in Southeast Asia but also across the entire world. This prestigious recognition comes from Mornings.co.uk (https://morninglife.co.uk/best-sunrise-and-sunset/), a prominent platform dedicated to celebrating the splendor of sunrise and sunset experiences.…
The Cambodian government has given its approval to the FOCUS Consortium to initiate a comprehensive feasibility study for the construction of a new airport in Mondulkiri province. This ambitious project is part of a broader initiative aimed at developing a satellite town in the region. The State Secretariat of Civil Aviation (SCCA) will collaborate with…
A groundbreaking joint venture investment in a colossal tourism project titled ‘Sihanoukville Royal Heritage Village’ has been announced by a consortium of local and international development companies. This ambitious venture is set to grace the picturesque Bet Trang commune in Prey Nob district, Sihanoukville province, marking a significant milestone in the region’s burgeoning tourism industry.…
Sunview Group Bhd, a leading player in Malaysia’s renewable energy sector, is set to make its mark on the international stage with plans to develop renewable energy facilities in Cambodia. The company’s wholly-owned subsidiary, Fabulous Sunview SdnBhd, has recently inked a strategic business alliance agreement with undisclosed Cambodian companies, marking a significant step towards achieving…
In a bid to advance the quality of education and make learning more accessible, the Centre for Digital Education and Distance Education, under the Ministry of Education, Youth, and Sport in Cambodia, has introduced an innovative digital teaching system called ‘Live Teaching.’ This groundbreaking program is being implemented at the new-generation School Program Building located…
Cambodia’s Taxi Industry: A Path of Steady Growth In recent years, Cambodia has witnessed a remarkable growth in its taxi market, a sector that not only contributes significantly to the economy but also represents a vital element of the country’s urban transportation system. In 2024, the taxi market in Cambodia is projected to reach an…
