Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024
Cambodia’s Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation’s burgeoning interest in the stock market, according to the Cambodia Investment Review update […]
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Cambodia CCA to Form Large-Scale Business Ties with Malaysian Chamber of Commerce & Biggest Malaysian SME Association
In a pivotal move towards fostering international business ties, the Cambodia Constructors Association (CCA) orchestrated a momentous meeting with the Malaysia-Cambodia Chamber of Commerce (MCCC) on 8 November 2023. The high-profile meeting, hosted by Oknha Charles Van, representing Neak Oknha Pung Kheav Se, President of CCA, and attended by Mr Dato’s Sri Dr Rick Yaw, […]
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Prime Minister Pushes for Faster Distribution of Land Titles to Citizens
Prime Minister Sandech Hun Manet has urged the Ministry of Land Management, Urban Planning, and Construction to accelerate the distribution of land titles to the people of Cambodia. Currently, only about two million land titles have been distributed, while five million more are yet to be issued. During a recent gathering with garment workers at […]
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China Paves the Way for Transformative Investment in Vietnam’s North-South Railway
In a strategic development on the sidelines of the recent Belt & Road Forum in Beijing, China Communications construction company Ltd. (CCCC) has unveiled a groundbreaking proposal to invest in Vietnam’s ambitious North-South Railway project, taking regional cooperation and infrastructure innovation to new heights. The North-South Railway initiative, spanning approximately 1,500 kilometers from the capital […]
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PM Hun Manet Calls for Railway Speed Upgrade to 80 km/h
In a visionary move to enhance Cambodia’s railway infrastructure, Prime Minister Samdech Hun Manet has called for the acceleration of the country’s railway network, urging the Ministry of Public Works and Transport to reevaluate and upgrade the maximum speed of trains from 50 km per hour to an impressive 80 km per hour. During a […]
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PP-SHV Expressway Extends 20% Discount for ETC & ANPR Users to Mark One-Year Anniversary
As Cambodia’s Phnom Penh-Sihanoukville Expressway celebrates its one-year anniversary, the PP-SHV Expressway Company has made the decision to maintain its current fee structure for another year, offering a substantial 20% discount to Electronic Toll Collection (ETC) and Automatic Number Plate Recognition (ANPR) users. The announcement, which carries significant benefits for commuters, was made by His […]
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Sihanoukville Deep Seaport: Foundation Construction for Phase I to Commences by End 2023
In a landmark development aimed at bolstering Cambodia’s infrastructure, discussions between Cambodia and Japan have paved the way for the commencement of foundation construction for Phase I of the Sihanoukville Deep Sea Port. The foundation work is set to involve the creation of concrete pillars and is scheduled to take place before the close of […]
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Cambodia’s Water & Sanitation Transformation: World Bank-Funded Project Reaches 36% Completion
In a significant step towards enhancing water supply and sanitation across Cambodia, a project supported by a US$55 million loan from the World Bank has reached an impressive 36.36% completion as of October 2023. The remarkable progress was the focal point of the meeting held on 6 November 2023, chaired by HE Dr. Ros Vanna, […]
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Thai Political Situation Impacting Real Estate Sector
Real estate experts have expressed concern over the impact on the sector due to political uncertainty stemming from the May general elections which saw the installation of a new Prime Minister Srettha Thavisin, despite the Move Forward party winning the most votes. The real estate sector contributes around 10% of Thailand’s GDP, so any negative […]
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World Bank Warns Cambodia’s GDP to Plunge 9% by 2050 If Climate Crisis Not Properly Addressed
Cambodia stands at a critical crossroads in its path to development, as an alarming report from the World Bank underscores the looming perils of climate change. The recent Cambodia Country Climate and Development Report (CCDR) released on 16 October 2023, unveils a strategic framework that is paramount in safeguarding the nation’s future. It underscores the […]
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Symbol of Progress: New Ministry of Interior Building Inaugurated at US$60m
Amid a grand ceremony, Cambodia marked a monumental moment in its development journey, as the new US$60 million Ministry of Interior building was officially inaugurated. Samdech Hun Manet, Prime Minister of Cambodia, presided at the opening on 6 November 2023, reflecting the nation’s commitment to progress. The new edifice proudly stands on the historic site […]
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CBRE Cambodia Sheds Light on the Office of the Future: Where Work, Lifestyle & ESG Converge
CBRE Cambodia, a leading player in the real estate arena, recently orchestrated an exclusive event christened “Unveiling the Office of the 21st Century: Shaping the Future of Work, Lifestyle, and ESG” at ATOM in Phnom Penh on 2 November 2023. This event had an overarching mission—to spotlight the rapidly transforming landscape of contemporary workplaces, with […]
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