Phnom Penh Drainage and Diversion Project Reaches 60% Completion
The project aimed at draining water and diverting flows from Phnom Penh to rehabilitate 10 canals spanning 260 kilometers has achieved a significant milestone, reaching 60% completion. This update comes directly from the Ministry of Water Resources and Meteorology on May 4, 2024, marking substantial progress in addressing flooding issues in the nearby provinces. During […]
Deputy PM Assures No Adverse Impact on Vietnam as Cambodia Forecasts Canal Project to Save Nearly US$600 Million
The volume of water diverted by the Funan Techo canal relative to the overall flow of the Mekong River is negligible, ensuring no adverse effects on Cambodia’s environment and neighboring regions, including Vietnam. This affirmation comes from HE Sun Chanthol, Deputy Prime Minister and Deputy PM and First President of the Council for the Development […]
Angkor Ticket Sales Propel Cambodia’s Tourism Revenue to New Heights With US$19.9m Revenue in 4 Months
Ticket sales for Angkor Wat have generated an impressive revenue of US$19,917,533 in the first four months of 2024. This substantial income surge, marking a 41.95% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The report, released by the Angkor Institute on 1 […]
Progress Update: NR No. 31 Rehabilitation Connecting Bek Kus to Kampong Trach Nears 80% Completion
The rehabilitation and enhancement of NR No. 31, spanning over 53 kilometres from Bek Kus to Kampong Trach district, has achieved an impressive milestone, nearing completion at almost 80%. As of April 25, 2024, the project has reached 78.43% completion, well on track to meet the stringent quality standards set forth in the contract. This […]
Thai Gov’t Raises Threshold for Reduced Transaction Fees on Property Priced up to US$80k to US$190k
The Thai government has unveiled a series of initiatives aimed at revitalizing the country’s real estate sector. Among these measures is the approval by the Thai cabinet to increase the minimum tax rate on home and condominium transactions to 7 million baht, approximately US$190k, as reported in a government statement released on Tuesday, 9th April […]
Cambodian Government Implements Artificial Rain Initiative to Combat Heat in Public Schools
In response to the scorching temperatures posing a threat to students’ education, the Cambodian government has directed local authorities to initiate artificial rain setups in public schools. This proactive measure aims to alleviate the adverse effects of the current hot and dry weather on students’ learning environments. The police of Koh Kong and Mondul Seima […]