April 13, 2021

Day: March 25, 2021

PRESS RELEASES

Sea Electric Strikes Deal to Purchase 1,000 Electric Commercial Vehicle Battery Sets From Soundon New Energy Technology Co.

Majority of Battery Purchase Slated for the United States following US$42 million Equity Financing Secured for SEA Electric Soundon New Energy Technology Co LOS ANGELES, March 25, 2021 (GLOBE NEWSWIRE) — Global automotive technology company SEA Electric, along with its proprietary SEA-Drive® technology – the secret sauce behind the company’s leadership within the electrification of […]

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PRESS RELEASES

Philips to sell its Domestic Appliances business to global investment firm Hillhouse Capital

March 25, 2021 Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Philips expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 billion in the third quarter Additional 15-year brand license agreement with annual payments that represent an estimated net present value of approximately EUR 0.7 […]

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Key Issues

Cambodia, South Korea Vow to Strengthen Army Cooperation

Cambodia and the Republic of Korea have exchanged mutual appreciation and are committed to further boost bilateral cooperation, especially between their armies. The commitment was underlined recently in a meeting between H.E. Gen. Hun Manet, Deputy Commander-In-Chief of Royal Cambodian Armed Forces and Commander of Royal Cambodian Army and H.E. Gen. Nam Yeong-shin, Korea’s Army […]

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Health Protection

COVID-19: Tally Increases to 1,872 with 55 New Cases

Cambodia’s tally of the novel coronavirus (COVID-19) rose to 1,872 this morning with the detection of 55 new positive cases. According to a press release of the Ministry of Health, the new patients are locally transmitted cases. They include 54 Cambodians and 1 Vietnamese. Most of them are in Phnom Penh capital while the rest […]

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Health Protection

Cambodia Registered Two More Coronavirus-related Deaths

Two more patients, including a foreign national, passed away this morning due to the novel coronavirus (COVID-19); bringing the total coronavirus-related death cases in Cambodia to 7. According to the Ministry of Health’s press release made public this afternoon, the new victims are a 38-year-old Cambodian man living in Sangkat Trapaing Krasaing, Khan Pursenchey, Phnom […]

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Miscellaneous

Cambodia Welcomes 1.3 Million Foreign Tourists in 2020

Cambodia received last year 1.3 million international visitors, a year-on-year decrease of 80 percent, latest data from the Ministry of Tourism showed. Chinese tourists topped the Kingdom’s tourism market with 329,673, down 86 percent compared to a year before, the same source pointed out. Visitors from Thailand and Vietnam were ranked second and third with […]

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Miscellaneous

Cambodia, Singapore Satisfied with Bilateral Relations and Cooperation

Cambodia and Singapore have spoken highly of their good friendship and cooperation, especially in the fields of economy, health and people-to-people relations. The appreciation was expressed by Cambodian Acting Head of State, Samdech Vibol Sena Pheakdei Say Chhum, and newly appointed Singapore Ambassador H.E. Ms. Teo Lay Cheng, during their courtesy meeting at the Senate […]

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