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ខ្មែរ 
Cambodia, Thailand Vow to End Dispute Over 26,000 sq km Overlapping Claims Area
- 15 September 2022
Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor, reported the Bangkok Post. The move comes following efforts by the two countries to work together to develop new energy sources and this involves first ironing out the territorial dispute. Both countries will meet via...
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Samsung Group Wins Bid on US$11bn Airport Project in the Philippines
- 15 September 2022
Samsung Group and European subsidiaries have won bids for an US$11-billion airport project in the Philippines, on which China bid only US$10 billion. According to Nikkei Asia on 15 September, Sangley Point Airport is located south of Manila in Cavite Province, the Philippines. It will be built by the SPIA Development Consortium, a subsidiary of South Korea's Samsung Group. Sangley Airport...
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MPWT Officially Launches Cambodia’s Third EV Charging Station in Siem Reap
- 15 September 2022
A new EV charging station in Siem Reap was officially launched on 14 September by Minister of Public Works and Transport HE Sun Chanthol and Representative of the United Nations Development Program (UNDP) Butchaiah Gadde. Located in Boeung Doun Pa village, Sangkat Slor Kram, Siem Reap city, this station is Cambodia’s third EV charging station provided by ADB, while the fourth one is set for Bat...
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Evergrande Pledges to Resume All Paused Property Project
- 14 September 2022
China Evergrande has vowed to restart construction of all frozen property projects by the end of September, prompting a response to the nationwide mortgage boycott, reported the Financial Times. 38 projects will be resumed by the end of September while 62 others will be restarted to “normal level”, according to a company statement released on Monday. The Evergrande debt has caused severe tro...
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Cambodia Uses Robots for Checking Drainage System
- 14 September 2022
The Ministry of Public Works and Transport (MPWT) has used robots in checking drainage systems and replacing manpower, a step forwards to transport sector modernization. The experiment was conducted during the Siem Reap city drainage system inspection by MPWT Minister HE Sun Chanthol on 13 September. The use of robots to monitor the sewer system is a modern technology that comes with a camer...
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Construction of New Siem Reap International Airport 40% Completed as of September
- 14 September 2022
Construction of the new Siem Reap Angkor International Airport has been 40% completed by September, while the developer is aiming for 70% completion by the end of 2022. The progress of the construction of the new international airport in Siem Reap was mentioned during a site inspection led by HE Mao Havannal, Minister in charge of the Secretariat of State for Civil Aviation, on 12 September. ...
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Investor Sentiment Leaning Towards Asia Pacific in 2022, Say Experts
- 14 September 2022
Investors around the world are becoming more cautious in investing in real estate as well as other sectors, as uncertainty in the macroeconomic environment is ongoing, say, experts, emphasizing that the Asia Pacific market has gained more popularity lately compared to other regions. Despite the more cautious approach, the market in the Asia Pacific will continue to attract attention from local ...
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Singapore’s real estate market spikes as Chinese buyers increase
- 13 September 2022
Singapore’s property market has recently caught its momentum compared to other markets around the world as Chinese buyers keep increasing. According to Worldakkam, Chinese buyers in Singapore were mainly concentrated in the luxury real estate market, Singapore’s hotels and beachfront real estate for instance. The reasons that build more trust for Chinese investors are the country’s politica...
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Run Ta Ek Development a Model of Effective Urban Planning Policy. Why?
- 13 September 2022
Prime Minister Hun Sen has announced that the government will develop the Run Ta Ek area into a new potential city with all the necessary infrastructure provided to ease the lives and careers of over 6,000 families. The Prime Minister stated in a public announcement on 13 September that the establishment of the new Run Ta Ek city will be an important example of the sustainable urban planning p...
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Gov’t Urges Establishment of Green Investment Zone in ASEAN Bloc
- 12 September 2022
The Cambodian government has supported the establishment of the Green Economic or Investment Zone in the ASEAN bloc and Cambodia proposes to host the zone. The remark was made by Samdech Techo Hun Sen, Prime Minister of Cambodia, at the 2022 ASEAN Leadership and Partnership Forum held on 12 September. Speaking at the forum, PM Hun Sen said that the zone establishment is under the framework o...
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Dubai Mulls Building Massive Space-Age Ring to Encircle World’s Tallest Building
- 12 September 2022
An experimental architecture firm ZNera Space has proposed a conceptual design of a space-age ring structure to encircle the world's tallest skyscraper the Burj Khalifa, according to CNN. Known as Downtown Circle, the project is a massive five-storey circular structure showcasing urban planning in a wildly ambitious design combined with a series of mesmerizing illustrations. The structure wi...
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Chip Mong 271 Mega Mall opens today
- 11 September 2022
Chip Mong 271 Mega Mall, home of the world’s famous brands, opened its door to the public from 12 September onwards. During this soft opening, over 30 renowned brands are already opened to welcome all customers with the most special offers such as: - H&M and Pazzion shoe stores provide a 25% discount on selected items - TEN11 clothing store provides up to 70% discount - Routine, 36...
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