Cambodia and Thailand Forge Stronger Ties with Joint Agreement on Friendship Bridge
In a significant move to strengthen bilateral relations, the governments of Cambodia and Thailand have officially signed a joint agreement concerning the management, maintenance, and use of the Cambodia-Thai Friendship Bridge, also known as Stung Bot-Ban Nong Ien. The agreement was finalized during a high-profile meeting led by Samdech Hun Manet, Prime Minister of Cambodia, […]
Government Extends Tax Incentives for Stalled Projects in Sihanoukville Until 2028
In a significant move to rejuvenate its construction sector, the Ministry of Economy and Finance announced today the continuation of additional tax incentives for stalled building projects in Sihanoukville. This initiative, aimed at developments underway since 2016, will remain in effect until the end of 2028. According to an official notice, the Royal Government’s decision […]
Vietnam Launches Ambitious USD 8.4 Billion Wonder City Project in Can Gio
Vingroup, a prominent Vietnamese conglomerate, has officially broken ground on a groundbreaking modern tourist development titled Vinhomes Green Paradise in Can Gio, a coastal area located about 50 kilometers southeast of Ho Chi Minh City. The project, which represents an investment of over 217.05 trillion VND (approximately USD 8.44 billion), aims to create a […]
Thailand Eases Loan-to-Value Rules to 100%, to Jumpstart USD 486 Billion Debt-Laden Property Sector
Thailand’s central bank has announced a major relaxation of mortgage lending rules, raising the loan-to-value (LTV) ratio to 100% for all housing contracts beginning May 2025 through June 2026—an aggressive intervention aimed at reviving the nation’s sluggish real estate sector, which continues to reel from oversupply, weak demand, and soaring household debt, according to World. […]
Kampong Speu Province Completes Comprehensive Land Survey
The Government of Cambodia has officially announced the successful completion of a systematic land survey in Kampong Speu province, which has surveyed a total of 1,088,095 parcels of land. This significant milestone was celebrated during a ceremony chaired by His Excellency, Deputy Prime Minister Hun Many and His Excellency, Deputy Prime Minister Say Sam […]
AEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam
In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has […]