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ខ្មែរ 
Austria Wants to Invest in Technology in Hydropower Industry
- 16 May 2022
Austria is interested in investing and supplying technological equipment as well as technology for hydropower development, connectivity infrastructure, and energy management, according to a meeting on 13 May 2022. The meeting took place between HE Dith Tina, Secretary of State of the Ministry of Mines and Energy, and Mr. Guamur Sucmer, Community Advisor of the Austrian Embassy. The two sides...
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US Congress Yearns for Strengthen Trade & Investment Ties with Cambodia in the Energy Industry
- 14 May 2022
The US Congress intends to strengthen trade and investment ties with Cambodia in the energy industry to further boost trade between the two countries. This statement was made during a discussion between US Congressman, the Minister of Public Works and Transport, Minister of Commerce, and the Cambodian delegation with His Excellency Ron Estes, Member of Parliament for the 4th District of Kansas,...
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Concrete Road in Damnak Chang Eur, Kep Province Inaugurated
- 14 May 2022
A 2,700-metre-long concrete road near the coastal area of Kep province has been officially inaugurated by His Excellency Dr. Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Located in Ampeng village, Angkol commune, Damnak Chang Eur district, Kep province, this concrete road was named Ampeng Santepheap Road and was officially inaugurated on 13 May 2022...
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Cambodia-China Sign MOU to Strengthen Human Resource Capacity on Railway Construction Technical Skills
- 13 May 2022
Techo Sen Institute of Public Works and Transport, Beijing Jiao Tong University (BJTU), and Beijing Urban Construction Group have signed a Tripartite Memorandum of Understanding (MoU) to strengthen human resources capacity in joint construction, joint research, and technical training on railway construction skills. Speaking at the signing ceremony on 12 May 2022, HE Wasim Sorya, Undersecretary ...
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Real Estate Sector in the Philippines Neutral
- 13 May 2022
The real estate sector in the Philippines is currently seeing neutral growth with no progress after the national election posting myriad challenges to the country’s economic growth. J.P. Morgan Global Research has downgraded the Philippines to ‘underweight’ and ranked it last in the order of preference in ASEAN in its equity investment strategy immediately after the conclusion of national and l...
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10-Year-Old Condos in GTA Cost 19% More Than When Newly Built
- 13 May 2022
On 9 May, Tokyo Kantei announced the results of its Survey on ‘Resale Value (RV) of 10-Year-Old Condominiums in the Greater Tokyo Area for 2021.’ The study focused on 9 -10-year-old secondhand condos listed throughout 2021 and compared them to their original listed price when brand new; data of which Tokyo Kantei is the go-to resource for realtors when looking up brand new condo prices for thei...
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42 Main Roads in Kampong Cham City Officially Announced
- 12 May 2022
Main road infrastructures, including 42 concrete roads and DBST rubber roads with a length of 31,917 meters in Kampong Cham city, Kampong Cham province, were officially inaugurated on 12 May 2022 in the presence of HE Dr. Hun Manet and the provincial administration from Kampong Cham. His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army, said t...
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WealthPark: US$260 Trillion of Globle Residential Real Estate Eight Time Bigger Than Commercial Real Estate
- 12 May 2022
The total global value of residential real estate is approximately US$260 trillion, about eight times the size of commercial real estate, including office buildings and retail facilities, according to a 2022 study report by the technology company, WealthPark. In the report, according to the President of WealthPark Lab, Mr. Kay Kato, housing is the largest and most important wealth asset globall...
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France Provides Assistance to Cambodia, Focusing on Priority Areas Until 2024
- 12 May 2022
The French Agency for Development (AFD) has reaffirmed its commitment to Cambodia with more than US$300 million in financing for projects for 2022-2024, focusing on priority areas including water, sanitation, agriculture, and energy. According to a press release from the French Embassy in Cambodia on Wednesday, a meeting between representatives of the Ministry of Economy and Finance, representa...
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Phnom Penh Autonomous Port Earns Almost US$9.5 million in Q1 2022
- 12 May 2022
The Phnom Penh Autonomous Port earned US$9.49 million in unaudited revenue in the first quarter of 2022, an increase of 17% compared to the same period in 2021. According to a Phnom Penh Autonomous Port report released on 10 May 2022, the source of revenue of the Phnom Penh Autonomous Port received in the first quarter of 2022 includes revenue from port operations of US$2.6 million, port author...
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Construction Starts on Aeon Mall Multifunctional Logistics Centre
- 12 May 2022
The ground has been broken on the multifunctional logistics centre of Aeon Mall (Cambodia) Co Ltd in Sihanoukville SEZ, according to the official website of the Preah Sihanouk Provincial Administration, published from the opening ceremony of Krong Pali on 11 May 2022. Aeon Mall will operate this centre equipped with the necessary licenses required for cross-border E-commerce businesses includin...
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Government exchanges 800 hectares of land in the Phnom Tamao Zoo area with the private sector
- 11 May 2022
The government has decided to exchange 800 hectares of land in the Phnom Tamao area to a private company -Khmer Fresh Milk for development, and the government reclaimed 1,122 hectares in three different locations. According to a letter from the Office of the Council of Ministers dated January 14, 2022, two locations in the Phnom Tamao area in Kandeung commune, Bati district, Takeo province ha...
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