Borey Peng Huoth Partners with Hong Leong Bank to Offer Unmatched Home Loan Solutions in Cambodia
Phnom Penh, November 29, 2024_Borey Peng Huoth, one of Cambodia’s foremost real estate developers, has officially partnered with Hong Leong Bank, a leading financial institution, to deliver an exceptional home loan program that empowers customers to secure their dream homes more efficiently than ever before. This strategic collaboration introduces a groundbreaking opportunity for homebuyers, featuring […]
National Road 31 Rehabilitation Project Reaches 100% Completion
November 28, 2024 – The rehabilitation and upgrade of National Road 31, stretching over 53 kilometres, has officially been completed, achieving a significant milestone of 100 percent completion. This announcement was made during a progress inspection led by HE Khan Maner, Secretary of State and Project Director, alongside a dedicated team of technicians from the […]
Cambodian government prepares USD 100 million to complete nationwide land registration by 2029
The Cambodian government is allocating USD 100 million to finalize nationwide land registration by 2029 as part of a concerted effort to address longstanding land disputes. Prime Minister Samdech Thibodi Hun Manet announced this during the Ministry of Land Management, Urban Planning and Construction closing ceremony on November 26, 2024. The Prime Minister emphasized the […]
Cambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders
The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November […]
PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy’s annual meeting summarising 2024 results in November. PM Hun Manet clarified that breweries focused […]
CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcIPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and at any time, enhancing efficiency, reducing processing times, and ensuring greater transparency and integrity […]