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ខ្មែរ 
Government Extends Tax Incentives for Stalled Projects in Sihanoukville Until 2028
- 24 April 2025
In a significant move to rejuvenate its construction sector, the Ministry of Economy and Finance announced today the continuation of additional tax incentives for stalled building projects in Sihanoukville. This initiative, aimed at developments underway since 2016, will remain in effect until the end of 2028. According to an official notice, the Royal Government's decision extends property tax...
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Vietnam Launches Ambitious USD 8.4 Billion Wonder City Project in Can Gio
- 24 April 2025
Vingroup, a prominent Vietnamese conglomerate, has officially broken ground on a groundbreaking modern tourist development titled Vinhomes Green Paradise in Can Gio, a coastal area located about 50 kilometers southeast of Ho Chi Minh City. The project, which represents an investment of over 217.05 trillion VND (approximately USD 8.44 billion), aims to create a world-class urban area whil...
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Thailand Eases Loan-to-Value Rules to 100%, to Jumpstart USD 486 Billion Debt-Laden Property Sector
- 23 April 2025
Thailand’s central bank has announced a major relaxation of mortgage lending rules, raising the loan-to-value (LTV) ratio to 100% for all housing contracts beginning May 2025 through June 2026—an aggressive intervention aimed at reviving the nation’s sluggish real estate sector, which continues to reel from oversupply, weak demand, and soaring household debt, according to World. thaipbs, published...
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Kampong Speu Province Completes Comprehensive Land Survey
- 23 April 2025
The Government of Cambodia has officially announced the successful completion of a systematic land survey in Kampong Speu province, which has surveyed a total of 1,088,095 parcels of land. This significant milestone was celebrated during a ceremony chaired by His Excellency, Deputy Prime Minister Hun Many and His Excellency, Deputy Prime Minister Say Sam Al. The systematic survey, con...
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AEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam
- 23 April 2025
In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has an investment of VND 1.18 billion (approximately USD 45.61...
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Kampong Thom Province’s Kampong Kor Dam Project Reaches 70% Completion
- 22 April 2025
The Kampong Kor Dam Development Project, along with the Stung Thap Dam Canal, is making significant progress, with construction now approximately 70% complete, as reported by the Ministry of Water Resources and Meteorology. His Excellency Chan Sinat, Secretary of State for the Ministry, recently led a working group to evaluate the site and assess the advancement of the construction. The Kampong...
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Cambodia Set to Welcome New State-of-the-Art Hospital Worth Over USD 300 Million
- 22 April 2025
Cambodia is poised to enhance its healthcare sector with the upcoming launch of a cutting-edge hospital, projected to cost USD 300 million. Several influential tycoons signed A memorandum of understanding on April 21, 2025, signaling a significant advancement in the country's medical infrastructure. This initiative will deliver world-class medical services directly to the Cambodian po...
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US Car Assembly Plant Inaugurated in Pursat Province
- 22 April 2025
The new Ford car assembly plant, operated by RMA CAMBODIA, officially opened its doors in Krakor district, Pursat province, during a ceremony chaired by Prime Minister Hun Manet. This significant investment saw the company's financial commitment expand from USD 21 million to USD 26.8 million, and the factory’s construction area increased from 5 hectares to an impressive 12 hectares. I...
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Protecting The Big Easy: This Year’s Mardi Gras Showed Again How Infrastructure And Digital Twins Can Help Keep New Orleans Safe and Dry
- 21 April 2025
By Tomas Kellner New Orleans is home to awe-inspiring music, food and street parties. But let’s not forget equally awe-inspiring infrastructure, which keeps the Big Easy dry. That was evident in early March when New Orleans entered “Deep Gras,” the boisterous coda to months of revelry culminating in Fat Tuesday, the end of the Mardi Gras season. Sitting on land near and below sea level and surr...
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Kampot Welcomes New International Tourist Port with Grand Opening Ceremony
- 21 April 2025
The long-awaited Kampot International Tourist Port officially opened today in a ceremony by Prime Minister Hun Manet. This impressive development, valued at USD 10 million, is set to significantly boost the tourism sector in Kampot Province, attracting visitors from both domestic and international markets. Situated on 4.25 hectares in Chum Kriel Village, Chum Kriel Commune, Teuk Chhou District,...
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Kampong Thom Province Enhances Cashew Production with New Initiatives
- 21 April 2025
Kampong Thom Province is solidifying its position as a significant player in the cashew industry, currently boasting 12 processing factories and workshops. This includes three dedicated processing facilities and nine workshops that collectively have the capacity to store up to 18,195 tons of cashews annually. During a meeting on April 20, 2025, led by His Excellency Nguon Reasy, the Deputy Gove...
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Bay of Lights: A Bold Step Forward in Cambodia’s Coastal Transformation
- 21 April 2025
Sihanoukville, Cambodia – April 21, 2025 – Breaking ground in 2022, the $16 billion Bay of Lights coastal development is rapidly taking shape along the scenic shores of Ream Bay in Sihanoukville. Spanning over 934 hectares, this ambitious project combines innovation, progress, and community impact, positioning Sihanoukville as the Next Southeast Asia’s next major economic and cultural destination....
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