Kratie’s Mekong River Bridges Approach Halfway Mark in US$111m Project
The ambitious project to construct bridges across the Mekong River in Kratie province, valued at US$111 million, has surged ahead, with completion surpassing 49% as of early May 2024 while the road connection component stands at an impressive 36.24%. This milestone was confirmed by the Ministry of Public Works and Transport’s official Facebook page on […]
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Japan Introduces Innovative Rice Farming Technology in Pursat to Combat Climate Change
Japan is spearheading a groundbreaking initiative to revolutionise rice farming in Pursat by introducing cutting-edge technology aimed at enhancing soil oxygenation and curbing methane emissions. The project, endorsed by the official Facebook page of JICA in Cambodia on 29 April 2024, promises to revolutionise agricultural practices in the country. Under the auspices of JICA, Cambodia […]
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Second Conch Cement Factory in Battambang Worth US$253m Reaches 85% Completion
Construction progress of the second Conch Cement Factory in Battambang province, valued at US$253 million, has reached a significant milestone, with approximately 85% of the project now complete. Scheduled for an official inauguration in September 2024, this development marks a crucial step forward in Cambodia’s cement manufacturing sector. The update was shared via a Facebook […]
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Phnom Penh Drainage & Diversion Project Reaches 60% Completion
The project aimed at draining water and diverting flows from Phnom Penh to rehabilitate 10 canals spanning 260 kilometres has achieved a significant milestone, reaching 60% completion. This update comes directly from the Ministry of Water Resources and Meteorology on 4 May 2024, marking substantial progress in addressing flooding issues in the nearby provinces. During […]
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Deputy PM Assures No Adverse Impact on Vietnam as Cambodia Forecasts Canal Project to Save Nearly US$600m
The volume of water diverted by the Funan Techo canal relative to the overall flow of the Mekong River is negligible, ensuring no adverse effects on Cambodia’s environment and neighbouring regions, including Vietnam. This affirmation comes from HE Sun Chanthol, Deputy Prime Minister and Deputy PM and First President of the Council for the Development […]
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Angkor Ticket Sales Propel Cambodia’s Tourism Revenue to New Heights With US$19.9m Revenue in 4 Months
Ticket sales for Angkor Wat have generated an impressive revenue of US$19,917,533 in the first four months of 2024. This substantial income surge, marking a 41.95% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The report, released by the Angkor Institute on 1 […]
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Progress Update: NR No. 31 Rehabilitation Connecting Bek Kus to Kampong Trach Nears 80% Completion
The rehabilitation and enhancement of NR No. 31, spanning over 53 kilometres from Bek Kus to Kampong Trach district, has achieved an impressive milestone, nearing completion at almost 80%. As of 25 April 2024, the project has reached 78.43% completion, well on track to meet the stringent quality standards outlined in the contract. This progress […]
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Thai Gov’t Raises Threshold for Reduced Transaction Fees on Property Priced from US$90k to US$258k
The Thai government has unveiled a series of initiatives aimed at revitalising the country’s real estate sector. Among these measures is the approval by the Thai cabinet to increase the minimum tax rate on home and condominium transactions to 7 million baht, approximately US$209,000, as reported in a government statement released on Tuesday 9 April […]
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Cambodian Government Implements Artificial Rain Initiative to Combat Heat in Public Schools
In response to the scorching temperatures posing a threat to students’ education, the Cambodian government has directed local authorities to initiate artificial rain setups in public schools. This proactive measure aims to alleviate the adverse effects of the current hot and dry weather on students’ learning environments. The police of Koh Kong and Mondul Seima […]
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Cambodia Attracts Nearly US$20bn in Industrial Investments in Q1-2024
In a remarkable surge of industrial investment, Cambodia has secured close to US$20 billion in industry-related investments during the first quarter of 2024, marking a substantial increase of 13.55% compared to the same period in 2023. This significant milestone was announced by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, during the official […]
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Within the Next Few Years, Cambodia Aims for Digitized Real Estate Registration in Just Two Hours
Thanks to the expertise of professional officials and technological advancements, in the next few years real estate registration in Cambodia, could soon be completed digitally within a mere two hours. This revolutionary move aims to streamline processes and boost efficiency in the country’s real estate sector. This groundbreaking vision was disclosed by HE Leang Monirith, […]
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SHV’s Poverty Rate Drops to 1.68% Amidst Robust Economic Growth in 2023
Amidst a surge in economic prosperity, Sihanouk Province witnessed a notable decrease in its poverty rate, plummeting to 1.68% in 2023. This remarkable achievement stems from the province’s robust economic growth, which soared to 6.4% during the same period. These encouraging figures were unveiled by HE Long Dimanche, Deputy Governor of Preah Sihanouk Provincial Board […]
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