Cambodia’s Construction & Real Estate Loans Surge Past USD 20 Billion
In a striking development for Cambodia’s economy, construction and real estate loans have exceeded USD 20 billion, signaling a robust growth trajectory within these critical sectors. According to a recent report from the National Bank of Cambodia, banking and financial institutions have provided a staggering 81.748 billion riels, equivalent to approximately USD 20.1 billion in […]
Read More
Kampot Tourism Port, in Collaboration with Virak Buntham, Launches High-Speed Boat Service in Cambodia
The Kampot International Tourist Port, operated by KITP Development Co., Ltd., a subsidiary of AZ Group, has partnered with Virak Buntham to offer high-speed boat services to neighboring countries. This partnership was formalized during a signing ceremony held on 6 January 2025. According to Virak Buntham, the collaboration aims to attract 500,000 national and international […]
Read More
Progress Report: National Road No. 48 Restoration Nears Completion
The restoration and upgrade of National Road No. 48, stretching 148 kilometers from Sre Ambel to Koh Kong, has reached an impressive 78% completion as of the beginning of 2025, according to a statement from HE Phorn Rim, Spokesman of the Ministry of Public Works and Transport. The ambitious project, which commenced on January 3, […]
Read More
Phnom Penh Crowned Asia’s Most Affordable Destination for New Year’s 2025
As the world celebrates the dawn of 2025, travellers are flocking to Phnom Penh, named the most affordable global travel destination for the New Year in Asia, according to a recent ranking by digital travel website Agoda. This exciting news, highlighted by Radio National of Cambodia and reported by Yahoo Finance and Travel and Tour […]
Read More
Major Infrastructure Development Takes Shape in Kandal Province
The China Road and Bridge Corporation (CRBC) is swiftly constructing a temporary steel bridge in Kandal province to facilitate drilling for a vital clay-stone bridge. HE Phorn Rim, the Ministry of Public Works and Transport spokesman, confirmed that this project aims to improve connectivity between the eastern outskirts of Phnom Penh and Xi Jinping Boulevard. […]
Read More
Vietnam Leads Southeast Asia’s Energy Transition with New USD 15.5 Billion Commitment from EU & US
Vietnam is emerging as a leading hub for renewable energy in Southeast Asia, driven by a USD 15.5 billion pledge from international partners, including the UK, US, and EU, under the Just Energy Transition Partnership (JETP) agreement. This commitment aims to fund renewable energy projects, reduce the nation’s reliance on coal, and support its ambitious […]
Read More
Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025
In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on 1 January 2025, positioning the airport at the […]
Read More
Peninsula Bay Investment Announces Ambitious USD 1 Billion Expansion in Sihanoukville
In a bold move to transform Sihanoukville’s landscape, Peninsula Bay Investment Co., Ltd has unveiled plans to invest an additional USD 1 billion to develop new hotels, shopping malls, and entertainment venues. This announcement was made during a recent project update, revealing the company’s commitment to enhancing the vibrant coastal province of Preah Sihanouk. Project […]
Read More
Major Milestone Achieved at Tonle Sap Lake
In a significant development for environmental management and regional demarcation, the Tonle Sap Authority has announced the successful completion of border post constructions in three key areas surrounding the iconic Tonle Sap Lake. This ambitious project has reached a remarkable 100% completion, with a total of 1,224 border posts erected across six provinces. During a […]
Read More
Bridge Project Across Bassac River Hits Milestone: 16% Completion Achieved
The much-anticipated bridge project connecting Chak Angre Krom to Prek Pra over the Bassac River has officially reached a significant milestone, now standing at 16% completion after nearly a year of construction. This update was shared by HE Phorn Rim, spokesperson for the Ministry of Public Works and Transport. Construction on the bridge began on […]
Read More
Cambodian Government Announces Exciting Initiative to Beautify National Roads
To enhance the visual appeal of cities and towns across the country, the Cambodian government is launching a ground-breaking campaign called “National Road Free of Plastic Trash” starting 1 January 2025. This initiative, spearheaded by the Ministry of Environment, aims to revitalize major national roads—including Roads 3, 4, 41, and 51—by ensuring they are free […]
Read More
Cambodia’s Cement Industry Surges with Over USD 1.2 Billion Investment
In a landmark development for Cambodia’s economic landscape, the nation’s cement industry has reached an impressive production level worth over USD 1.2 billion, catering to both domestic needs and export markets. This announcement was made during a pivotal meeting between Prime Minister Samdech Hun Manet and Mr. Ratchayut Kasemchaisiri, Chairman of the Cement Industry Association […]
Read More