Cambodia Maintains the World’s Highest Central Bank Interest Rates, Defying Global Trends
In the third quarter of 2024, Cambodia continues to lead global markets, with central bank interest rates soaring between 10% and 12%, starkly contrasting with the 0% to 6% range maintained by most major economies. This divergence, detailed in a report by CBRE Cambodia published on 17 October 2024, spans from December 2021 to December […]
Special Installment Payment Offer from Borey Peng Huoth
You do not need to worry about high-interest instalment payments if you want to buy a new house in any Borey Peng Huoth project. In celebration of the upcoming Water Festival, Borey Peng Huot offers a special interest rate of just 9% per year on direct instalment payments for up to 19 years without requiring […]
Cambodia has 122 factories and enterprises that have signed contracts to install automatic systems for controlling liquid waste discharge
Currently, these 122 factories and enterprises are preparing to install self-monitoring equipment and waste management data systems in compliance with Cambodian laws. The Ministry of Environment shared this information on October 23, 2024. According to the Ministry of Environment, five factories have already been equipped with and are operating automatic control equipment and a liquid […]
ADB demonstrates support for clean water development in Cambodia through a USD 400 million large-scale financing project by 2025
The Asian Development Bank (ADB) is committed to further strengthening urban development in Cambodia through the USD400 million Large-Scale Financing (MFF) project, which is scheduled for approval by the end of 2025. The initiative comes after the success of an ongoing USD119 million project in the Battambang and Kampong Cham provinces. This was stated in […]
ADB Provides USD80 Million to Build Climate-Resistant School Buildings in Cambodia
The Asian Development Bank (ADB) has approved a USD80 million loan aimed at enhancing secondary education in Cambodia by increasing the number of climate-resilient school buildings. This information was released in a press statement on October 31, 2024. Currently, the high school enrollment rate in Cambodia is low, standing at only 35.5%. This is attributed […]
The 250 km Cambodia Border Ring Road is starting the construction under FBID’s Nearly USD 27 Million
The Government of Cambodia opened the construction of a 250 km border ring road under the Foundation for Border Infrastructure Development (FBID) of USD 26,967.609 million on November 1, 2024, and is scheduled to be completed by the end of April 2027.a This was confirmed by HE Kim Bunthan, Chairman of the Working Group for […]