International News

China's Logistics Activity Hits 2024 High in December

AKP Phnom Penh, January 03, 2025 — China's logistics sector activity reached its highest level of 2024 in December, buoyed by supportive policies and market dynamics, industry data showed Friday. The index tracking prosperity of the country's logistics market climbed to 53.1 percent, represent...

China Confident in Promoting Continuous Economic Recovery in 2025

AKP Phnom Penh, January 03, 2025 — When setting economic growth targets for 2025, China will consider both needs and possibilities and ensure coherence with medium and long-term planning, an official with the country's top economic planner said on Friday. A senior National Development and Refo...

China Welcomes Global Businesses to Operate in Hong Kong

AKP Phnom Penh, January 03, 2025 — China welcomes businesses from across the world to operate in the Hong Kong Special Administrative Region (HKSAR) and share the dividends of both the region's development and the policy of "one country, two systems," a foreign ministry spokesperson said on Thurs...

Vietnam set to become Regional Manufacturing Tech Hub This Year

AKP Phnom Penh, January 03, 2025 — Vietnam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country. Foreign direct investment (FDI) into Vietnam...

Gov't to consider additional economic stimulus measures if necessary: acting president

AKP Phnom Penh, January 03, 2025-- Acting President Choi Sang-mok said Thursday the government will consider implementing additional measures to stimulate the economy in the first quarter, if necessary, amid projections of slow growth for the year. "Considering significant domestic and inter...

Record number of Korean companies to participate in CES 2025

AKP Phnom Penh, January 03, 2025-- A record-breaking number of South Korean companies will take part in CES 2025, showcasing their latest innovations and cutting-edge technologies to a global audience, industry data showed Thursday. A total of 1,031 Korean companies have registered for this year's...

Bulgaria's Full Schengen Accession Is "Crowning Achievement"

AKP Phnom Penh, January 02, 2025 — Speaking to reporters here on Wednesday, Bulgaria’s caretaker Prime Minister Dimitar Glavchev described Bulgaria's full accession to the Schengen area as "a historic event", "a crowning achievement", and "the result of the efforts of many people". Glavchev visit...

Samsung Electronics to become largest shareholder in S. Korean robotics startup

AKP Phnom Penh, January 02, 2025—Samsung Electronics Co. said Tuesday it will become the largest shareholder in a South Korean robotics startup, Rainbow Robotics, as part of its push for advancing robotics technologies including humanoid robots. The tech giant increased its stake in Rainbow Robot...

Acting President Choi orders to swiftly provide emergency living expenses to plane crash victims' families

AKP Phnom Penh, January 02, 2025--Acting President Choi Sang-mok directed the government on Thursday to expedite the provision of emergency living expenses to the families of victims of the tragic plane crash that claimed 179 lives. Choi's order comes after the Jeju Air plane, carrying 181 people...

Chinese carmaker BYD reports soaring NEV sales in 2024

AKP Phnom Penh, January 02, 2025--Chinese auto company BYD saw new energy vehicle (NEV) sales soar 41.26 percent year on year to over 4.27 million units in 2024, the company stated in a filing to the Shenzhen Stock Exchange on Wednesday. Passenger vehicles dominated the company's NEV portfolio, w...

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