Phnom Penh & Battambang Set for Expansion of Pedestrian Streets Following Successful Trial
In a significant move to enhance urban mobility and promote pedestrian-friendly environments, the Cambodian government is gearing up to construct additional pedestrian streets in both Phnom Penh and Battambang. This initiative follows the successful trial of pedestrian streets in Phnom Penh, which has garnered widespread public support. During a recent meeting held on 11 February […]
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Takeo Province to Invest Over USD 2 Million in New Temple Project
In a move aimed at enhancing cultural heritage and boosting tourism, provincial authorities have announced plans to invest more than USD 2 million in the construction of a new temple located in the heart of Lake Takeo. The initiative was disclosed at a meeting led by HE Wei Samnang, Governor of Takeo Province. Governor Wei […]
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EAG Eyes Investment in Cambodian Industrial Parks
The Philippines’ Excellent Associates Group Limited (EAG) has announced plans to explore investment opportunities in Cambodia, particularly in the establishment of industrial parks. This development came to light during a productive meeting held between EAG President Dai Jianlaing and Cambodian Prime Minister Hun Sen. During the meeting, President Dai expressed EAG’s keen interest in not […]
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Two Companies Seek to Invest in Cambodia’s Cashew Agro-Industry
In an exciting development for Cambodia’s agricultural sector, Mountain Hazelnuts and Kamya have expressed their intention to invest in the country’s burgeoning cashew agro-industry. The companies are currently discussing with the Council for the Development of Cambodia to explore potential investment opportunities. This announcement followed a meeting on 11 February 2025 between HE Chea Vuthy, […]
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Cambodia’s Booming Customs Revenue in 2024
In a remarkable display of fiscal growth, the Cambodian government announced on 10 February 2025 that it has successfully collected over USD 2 billion in customs duties for the year 2024, marking an impressive increase of over 13% compared to the previous year. The General Department of Customs and Excise reported that total tax and […]
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Progress on Clay-Thoma Kor Bridge Construction
The construction of the temporary steel bridge across the Mekong River at Clay-Thoma Kor is progressing steadily, with 5.40% of the work completed, as reported by His Excellency Phan Rim, Spokesperson for the Ministry of Public Works and Transport. Currently, the China Road and Bridge Corporation (CRBC) is actively working on the western side of […]
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ASEAN Real Estate Markets Navigate Headwinds as China’s Economy Falters
The USD 722 billion trade relationship between China and ASEAN faces unprecedented pressure as China’s property sector, which accounts for over 25% of its GDP and 70% of household wealth, shows serious signs of distress amid plummeting consumer confidence that reached near-record lows of 86 in July 2024, according to Evrimagaci.org on 31 January 2025. […]
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Korean Firm Donates 8,000 Electric Motorbikes to Cambodian Government to Combat Emissions
In a significant move to address climate change, South Korean company VeryWords has pledged to donate 8,000 electric motorbikes to Cambodian government officials. This initiative aims to reduce greenhouse gas emissions in Cambodia and promote the use of environmentally friendly transportation. The announcement was made during a signing ceremony of a Memorandum of Understanding (MoU) […]
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Phnom Penh Addresses Dilapidated Buildings
Phnom Penh currently has 21 dilapidated buildings across the Daun Penh, 7 Makara, Por Sen Chey, and Boeung Keng Kang districts. In a recent meeting, HE Minister of Land Management, Urban Planning & Construction (MLMUC) Say Sam Al discussed urgent safety concerns with residents living in these structures. The minister emphasised the importance of government-citizen […]
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Celebrate Love This February with Borey Peng Huoth’s Exclusive Month of Love Promotion!
Valentine’s Day is just around the corner, and at Borey Peng Huoth, love is in the air! This February, we are thrilled to introduce our Month of Love promotion, designed for those looking to invest in their dream home while enjoying fabulous rewards. Promotion Details From now until 28 February 2025, every customer who purchases […]
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Progress Update on the Bassac River Bridge Project: 19% Completion Marked
The ambitious project to construct a bridge across the Bassac River has achieved a significant milestone, with 19% of the work now completed after 11 months of construction. The project, which connects Chak Angre Krom and Prek Pra, remains on schedule, with no delays reported, according to a statement from the Ministry of Public Works […]
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UK Firm Eyes Investment Opportunities in Cambodia
In a significant development for Cambodia’s investment landscape, UK-based Bridgemount Ltd. has announced plans to explore investment opportunities in key sectors within the Kingdom. The company officially met with the Council for the Development of Cambodia (CDC) on 7 February 2025, marking the start of what could be a fruitful partnership. During the meeting, Kalyan […]
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