English 
ខ្មែរ 
China Spearheads Global 5G with 2.84m Base Stations, Zhejiang Alone has Over 220,000
- 1 January 2024
In a remarkable stride towards technological advancement, Zhejiang province, renowned as an e-commerce hub in East China, has proudly announced the establishment of an extensive network comprising more than 220,000 5G base stations. This revelation was made by Li Min, Deputy Director of the Provincial Economy and Information Technology Department, during the 2023 Yangtze River Delta 5G+ Industrial...
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China Unveils Strategic High-Speed Railway Link to Vietnam, Boosting ASEAN Trade Ties
- 31 December 2023
In a significant move to deepen economic ties with Southeast Asian nations, China has inaugurated the Fangdong Railway, the first high-speed railway connecting a Chinese city on the Vietnam border to the national network. The 47km Fangdong Railway, running between Fangchenggang and Dongxing, emerges as a pivotal infrastructure project, symbolising Beijing's commitment to fostering trade and invest...
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Economists Project China’s Economic Landscape in 2024 to Fall to 4.6%
- 30 December 2023
As China's economic trajectory undergoes shifts, economists anticipate a moderated growth of 4.6% in 2024, following an anticipated 5.2% expansion this year. This projection comes against the backdrop of a sluggish real estate market and tepid consumption. With 23 experts expecting this year's growth to align closely with Beijing's target of approximately 5%. According to a survey conducted by ...
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Gov’t Unveils Ambitious 12 Million m3 Reservoir Project to Propel Northeastern Economic Growth
- 30 December 2023
In a strategic move to bolster economic development in Cambodia's northeastern region, the Ministry of Water Resources and Meteorology, in collaboration with the Ministry of Economy and Finance, has successfully implemented the construction of the “Upper Dam, Lower Dam, and O'Te Reservoir”. This monumental project is set to supply a staggering 12 million cubic metres of clean water, catering to th...
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Gov’t Allocates 6 Hectares of Land in South Phnom Penh to Two Tycoons for Visionary Development
- 29 December 2023
The Cambodian government has granted an expansive parcel of land, spanning nearly 6 hectares, in the burgeoning south of Phnom Penh to two distinguished tycoons. Sub-Decree No. 262, issued on August 15, 2023, paves the way for a visionary development that promises to redefine luxury living and contribute to the city's urban evolution. The designated area, encompassing 58,167 square metres in Ch...
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Pinnacle of Progress: J Tower 3 Project Breaks Ground in Phnom Penh as ASEAN’s 8th Tallest Marvel
- 29 December 2023
A new icon graces the skyline of Phnom Penh as the J Tower 3 project, the eighth tallest marvel in ASEAN, commenced construction with a groundbreaking ceremony on 27 December 2023. This towering project, valued at over US$150 million, will stand at an impressive 320 metres, encompassing 77 floors, two basements, and a total of 360 units. The visionary development is a collaboration between the ...
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US$22m Cambodia-Japan Water Treatment Plant Unveiled in Pursat
- 29 December 2023
The Cambodia-Japan water treatment plant in Pursat, valued at an impressive US$22 million, was inaugurated, marking a significant leap forward in the region's water infrastructure. The official opening ceremony, held on December 28, 2023, was graced by the presence of HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, and HE Ueno Atsushi, Ambassador of Japan to Cambodia. A...
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CBRE’s Head of Research Hints Real Estate Market Recovery Time
- 28 December 2023
Investment caution is rippling through the Asia-Pacific real estate market, from Singapore to South Korea, as investors tread carefully amidst concerns over rising interest rates and geopolitical instability. Market data from JLL, a leading commercial real estate and investment management company, reveals a 22% year-on-year decline in commercial real estate investment activity in the Asia-Pacific ...
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Cambodia’s Tourism Soars: Nearly Half a Million Chinese Tourists in 2023
- 28 December 2023
In a remarkable surge for Cambodia's tourism sector, the first 11 months of 2023 witnessed an influx of 498,250 Chinese tourists, constituting a noteworthy 10.1% of the total international tourist arrivals, according to the publication of the Chinese news website XINHUANET on 25 December 2023. A report by the Cambodian Ministry of Tourism indicates that between January and November 2023, Cambod...
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Chinese Premier Li Spearheads Intelligent Technological Advancements for Sustainable Development in Lancang-Mekong Region
- 28 December 2023
In a visionary move to fortify regional cooperation and technological progress, Chinese Premier Li Qiang took the lead in proposing cutting-edge solutions and sustainable initiatives during the fourth Lancang-Mekong Cooperation (LMC) Leaders' Meeting. The virtual summit, attended by leaders from Cambodia, Laos, Myanmar, Thailand, and Vietnam—the five ASEAN member states traversed by the Mekong Riv...
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The Gov’t urge to implement to build a light rail line connecting Siem Reap to the new airport
- 28 December 2023
An inter-ministerial commission with China Metro Group has been pushing for discussions on a light rail development (LRT) project connecting Siem Reap-Angkor International Airport to Siem Reap. This is according to the meeting chaired by HE Sun Chanthol, Deputy Prime Minister, First Deputy Chairman of the Council for the Development of Cambodia, and Chairman of the Inter-Ministerial Commission on ...
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Korean Firm Embarks on Ambitious Venture to Establish 100 E-mart 24 Stores in Cambodia by 2028
- 27 December 2023
In a strategic move to tap into Cambodia's thriving retail landscape, Hanlim Architecture Group, a prominent real estate services company, has finalised a groundbreaking agreement to facilitate the entry of Korean convenience store giant E-mart 24 into the Cambodian market. This collaboration unfolds through the joint venture Saihan Partners, established earlier this year as a partnership between ...
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