Three Indicators: Glimmer of Hope for APAC Real Estate Market, but Depending on China
China’s reopening and the perception that interest rates are nearing their peak have led to brighter economic prospects in the region. However, Q1saw a dip in commercial real estate investment, plunging to its lowest level since 2010. Commercial Real Estate Investment and Sector Analysis: The office sector continues to face pressure, primarily due to high […]
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Japan & Korea Collaborate to Produce International Standard Bio-Energy from Cambodian Cashew Shells
Cambodia’s burgeoning cashew industry has received a game-changing boost as researchers from the prestigious Korea Energy Institute (KIER) and Japanese powerhouse Mitsubishi Corporation unite to harness the untapped potential of cashew shells, transforming them into eco-friendly bio-energy. This groundbreaking initiative comes in response to Cambodia’s rising prominence in cashew cultivation, opening new avenues for sustainable […]
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Elevating Travel Horizons: Siem Reap International Airport Set to Soar on 16 October
A milestone in Cambodia’s aviation landscape is set to unfold as the new Siem Reap International Airport opens for flights on 16 October 2023. The Secretariat of State for Civil Aviation confirmed the official opening date, marking a momentous occasion for the nation’s travel industry. In the lead-up to the grand inauguration, the airport will […]
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GIZ Germany Pioneers Training of Cambodian Experts in Ancient Stone Preservation
Experts from the prestigious GIZ Institute of Germany are joining hands with the Apsara National Authority to train 20 Cambodian trainees in conserving ancient stone at the iconic Angkor resort in Siem Reap. The groundbreaking training, conducted on-site, equips participants with vital skills in cleaning, neutralising salt, and fortifying ancient stone structures, ensuring their preservation […]
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Reimagining Luxury: Japan’s TreeFul Unveils Ambitious Plans for Five-Star Treehouse Hotel on Kulen Mountain
Setting its sights on new heights of opulence and eco-consciousness, Japan’s innovative TreeFul is poised to redefine luxury hospitality with a five-star treehouse hotel on the majestic Kulen Mountain. The Siem Reap Provincial Information Department’s publication on 26th July 2023 revealed the company’s visionary endeavor, aimed at creating a world-class retreat that marries sustainable design […]
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Why not Phnom Penh or Bangkok? Why Ho Chin Minh ranked in the top 10 Asia Pacific Real Estate for international real estate capital?
Phnom Penh, the thriving capital of Cambodia, has been experiencing robust growth with a surge in size expansion, foreign direct investment (FDI), and flourishing real estate development. Nevertheless, it remains relatively small when comparing investment volumes to other major ASEAN cities. In contrast, Bangkok, the bustling capital of Thailand, stands out as a major attraction […]
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Pioneering the Future of Solar Exploration: UK and Europe Unite to Build Europe’s Largest Solar Telescope in Spain
A groundbreaking collaboration between the University of Sheffield and nine European countries, including the United Kingdom, has been unveiled, heralding the creation of the European Solar Telescope (EST). Poised to be the largest solar telescope in Europe, this ambitious project aims to unlock unprecedented insights into space weather phenomena, revolutionizing our understanding of the sun’s […]
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Distinguished contenders announced for the 8th PropertyGuru Cambodia Property Awards
PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, announced the nominees shortlisted for the 8th Annual PropertyGuru Cambodia Property Awards, supported by sponsors CBRE Cambodia, Dewan Architects and Engineers, and SALTO Systems. The shortlisted companies, representing outstanding real estate projects from Greater Phnom Penh to Siem Reap, will vie […]
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Unveiling a Towering Marvel: Ministry of Industry’s 18-Storey Office Building Reaches 100% Completion
The architectural masterpiece that is the new 18-storey office building of the Ministry of Industry, Science, Technology, and Innovation has reached a momentous milestone with its 100% completion. Nestled gracefully along Norodom Boulevard, this landmark structure stands tall as a testament to Cambodia’s progress and commitment to innovation. In a moment of pride and celebration, […]
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Australia Grants Over AUD83.6 M to Foster Key Sectors in Cambodia
Australia has extended its support by providing an official development assistance of AUD83.6 million (over US$ 56.5 million). This commitment is aligned with Australia’s dedication to enhancing economic and social prosperity in Cambodia and marks a step towards reinforcing the strong bilateral ties between the two nations. The development assistance, as outlined in a letter […]
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Green Mobility Goes Premium: MPWT to Introduce Electric Vehicle Charging Fees from August
The Ministry of Public Works and Transport (MPWT) has announced the implementation of electric vehicle charging fees at stations under its purview, effective from 1st August 2023. This much-anticipated development, referred to as letter No. 032 of the National Coordinating Committee (NCC) and dated 21st July 2023, marks a significant milestone in Cambodia’s green mobility […]
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China and Pakistan Foster Sustainable Energy Cooperation with US$ 3.5 Billion Nuclear Power Plant
In a landmark collaboration, China and Pakistan have inaugurated the construction of Pakistan’s largest nuclear power plant, a monumental project estimated at US$ 3.5 billion. Set to generate a colossal 1,200 megawatts of electricity daily for the national grid, the initiative signals a significant stride towards sustainable energy for the nation. As per a report […]
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