Cambodia’s Real Estate Market Faces Mixed Signals Amid Regional Benchmarks
Cambodia’s commercial real estate market reveals significant challenges with office occupancy rates at 65.1%, well below the international benchmark of 85-90%, while maintaining premium rents at $27 per square meter, according to the “Fearless Forecast” report presented by CBRE Cambodia Chairman Marc Townsend at Novotel Phnom Penh BKK1 on 14 January 2025. The retail sector […]
Cambodia to Establish Private Business Centers in the UK and India to Attract Investors
Cambodia is set to establish private trade centers in London and New Delhi to promote Cambodian products in international markets and draw foreign investors. This initiative was discussed during a meeting on January 20, 2025, between Lok Chumteav Chamnimol, the Minister of Commerce, Tycoon Lim Bunsour, CEO of AZ Group, and Mr. Jas Sohl, Director […]
Cambodia Poised for Economic Windfall as U.S. Trade Policy Shifts from Vietnam
Cambodia stands to emerge as a major beneficiary of potential U.S. trade policy shifts, with experts predicting significant manufacturing opportunities if Donald Trump returns to office, particularly as Vietnam faces possible trade tariffs similar to those previously imposed on China, according to 2025 Fearless Forecast shared at a Real Estate Forum in Novotel Phnom Penh […]
Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
In a landmark event on January 17, 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]
Emerging Green Journey: Cambodia’s Electric Vehicle Boom in 2024
In 2024, Cambodia experienced a remarkable increase in electric vehicle registrations, reaching a total of 2,253—a staggering 620% rise compared to 2023. HE Phorn Rim confirmed this, the Ministry of Public Works and Transport spokesman, on January 15, 2025. This substantial growth indicates a positive shift towards green transportation in Cambodia. HE Phorn Rim stated, […]
Chinese Mining Firms Eye Expansion in Cambodia’s Potent Resource Sector
In a promising development for Cambodia’s mining industry, Beijing Endi (Group) Co., Ltd., a prominent mining investment firm based in China, has set its sights on expanding operations in the kingdom. This ambition was underscored during a pivotal meeting on 15 January 2025, between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and […]