Cambodia’s Booming Customs Revenue in 2024
In a remarkable display of fiscal growth, the Cambodian government announced on Feb 10th, 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 […]
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 January 31, 2025. […]
RCEP Agreement Set to Transform China-ASEAN Maritime Trade with Unprecedented Blue Economy Integration
The Regional Comprehensive Economic Partnership (RCEP) is poised to revolutionize maritime trade between China and ASEAN, with marine transport currently accounting for 94 percent of China’s foreign trade and over 60 percent of ASEAN’s foreign trade while representing 65 percent of bilateral trade between the two regions in 2023. This landmark development emerges as part […]
Japanese Company Investments Boosts Cambodia’s Electronics Sector
In a significant move for Cambodia’s burgeoning electronics industry, Minebea (Cambodia) Co., Ltd., a prominent Japanese firm, has announced an additional investment of approximately USD 15 million to further expand its electronic equipment manufacturing operations in the country. The announcement came during a meeting between HE Chea Vuthy, Secretary General of the Investment Committee of […]
As of 2024, Phnom Penh has 1877 high-rise buildings with 5 floors or more
As of 2024, Phnom Penh has a total of 453 apartment buildings and 1,877 high-rise buildings with five or more floors. This information was presented by His Excellency Keut Chhe, Deputy Governor of Phnom Penh, on February 1, 2023. Phnom Penh, the largest capital city of Cambodia, is currently experiencing rapid urbanization and industrial growth. […]
Southeast Asian Real Estate Markets Poised for Unprecedented Growth
Southeast Asia’s real estate landscape is experiencing a transformative shift, with premium properties in Singapore’s city center commanding USD 20,000 per square meter while emerging markets like Cambodia offer entry points as low as USD 1,000 per square meter. This comprehensive market analysis draws from extensive regional property data and market forecasts across five key […]