US tariffs: Impact on data centre construction
The US tariffs will negatively impact data centre construction and, as a result, drive up the cost of AI processing. Building data centres requires materials and supplies, construction equipment, electrical components, and cooling systems, even before IT and network infrastructure are deployed. As all construction costs increase, so will the cost of data centre builds, […]
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 […]
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 […]
Bay of Lights: A Bold Step Forward in Cambodia’s Coastal Transformation
Sihanoukville, Cambodia – April 21, 2025 – Breaking ground in 2022, the $16 billion Bay of Lights coastal development is rapidly taking shape along the scenic shores of Ream Bay in Sihanoukville. Spanning over 934 hectares, this ambitious project combines innovation, progress, and community impact, positioning Sihanoukville as the Next Southeast Asia’s next major economic and […]
InterContinental Hotels & Resorts to Open USD 300 Million Landmark in Sihanoukville, Marking Grand Return to Cambodia
InterContinental Hotels & Resorts will make its return to Cambodia with a USD 300 million luxury property in Sihanoukville, scheduled to open in 2028 as part of the expansive Peninsula Bay Integrated Resort. The announcement coincides with a notable revival in Cambodia’s tourism industry, which saw a 23% increase in international arrivals in 2024, exceeding […]
Prime Minister Unveils Ambitious Plan to Transform Stung Treng’s Agriculture Sector
In a significant move aimed at revitalising the agricultural landscape of Stung Treng province, Prime Minister Hun Manet has announced the re-zoning of 6,000 hectares of investment land to a private company to establish an agro-industrial zone. This ambitious initiative was unveiled during the official inauguration of National Road 71c on 12 April 2025. During […]