NagaWorld Records Impressive Q2-2023 US$ 83M Profit, Surge of 57%
Hong Kong-based NagaCorp proudly reports NagaWorld’s soaring success in Cambodia, as the net profit for the second quarter of 2023 surged by an impressive 57.4%, reaching a remarkable US$83 million. The significant increase in profit can be attributed to the resurgence of tourism in Cambodia from ASEAN countries and the gradual return of business travelers […]
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Bentley Systems Announces Allen Li has Joined as General Manager, China
EXTON, Pa. – June 6, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Allen Li has been appointed to the new role of General Manager, China, reporting to Chief Revenue Officer Brock Ballard. Allen Li has had a long executive career at enterprise software leader SAP, including as […]
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Navigating a Stagnant Market: Location Remains Key for Selling Houses in Cambodia
As the residential real estate market in Cambodia enters the midpoint of 2023, it faces intensified competition and weakened demand. Sales in the sector have become increasingly challenging, with only a select number of condominium and landed property projects in prime locations managing to maintain or slightly increase their asking prices, according to CBRE Cambodia’s […]
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Vietnam Breaks Ground on Mekong Delta Expressway
The government of Vietnam has broken ground on a 188km expressway which will stretch across the Mekong Delta to Tran De, a South China Sea port city. The six-lane expressway is expected to cost US$1.9 billion from the government budget and is expected to be completed in 2026. The new road will connect with Vietnam’s […]
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Ho Chi Minh City and Hanoi Shine as Top Investment Destinations in the 2023 Asia-Pacific Survey
A recent Asia-Pacific Investor Interest Survey 2023 released by CBRE reveals some great news for Vietnam’s real estate sector. Based on the experience of 500 regional real estate investment experts, Ho Chi Minh City and Hanoi have been ranked as the top 10 most attractive destinations for cross-border investment in the Asia-Pacific region. Ho Chi […]
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The Gov’t orders to move all illegal structures on the Tasal Dam, Kampong Speu Province immediately!
In a bid to ensure the preservation of the Tasal Dam Reservoir in Tasal Commune, Oral District, Kampong Speu Province, the Department of Water Resources and Meteorology of Kampong Speu Province has issued a firm directive to address the pressing issue of illegal structures encroaching upon the dam’s surface. In an official announcement dated July […]
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The Gov’t allocated 6,234 hectares of land in Botum Sakor National Park for private investment
The Cambodian Government has greenlit the allocation of a substantial 6,234-hectare area within the pristine Botum Sakor National Park, situated in Botum Sakor District, Koh Kong Province. The designated land is set to be leased to Koh Kong Rubber Plantation for private investment, marking a strategic move aimed at bolstering economic growth. According to the […]
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Bentley Systems Announces New Capabilities for Carbon Assessment in iTwin Experience
Capabilities Unlock Carbon Data Management for Infrastructure Projects EXTON, Pa. – June 26, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, is announcing at the Environment Analyst Global Business Summit, the availability of new carbon assessment capabilities in iTwin Experience to enable infrastructure professionals to seamlessly quantify carbon reduction opportunities in […]
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Realestate.com.kh Home & Lifestyle: Cambodia’s Biggest Property EXPO
Realestate.com.kh is bringing back its massively popular Home & Lifestyle EXPO 2023. The event which is just one month away will be happening on the weekend of August 12 & 13, at Koh Pich Exhibition Center. The Home & Lifestyle EXPO is part of Realestate.com.kh’s annual events, offering attendees the opportunity to secure the best […]
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Indonesia Injects US$1bn More into New Capital ‘Nusantra’
The Indonesian government has approved the injection of an additional US$1 billion for the development of the nation’s new capital city ‘Nusantra’ which is located in East Kalimantan province on Borneo island. The Nusantra mega project is projected to cost US$32 billion, 80% of which is expected to be sourced from private investment. The Indonesian […]
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TR and CCC Join Forces to Propel Trust Sector Advancement in Cambodia
In a momentous step towards enhancing the trust sector in Cambodia, the Trust Regulator (TR) and the Cambodian Chamber of Commerce (CCC) have inked a significant Memorandum of Understanding (MoU) focused on “Cooperation on Raising Public Awareness and Promoting Participation in the Public Sector in Cambodia.” The official signing ceremony of this pivotal MoU took […]
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Elevate Your Living and Business in the Heart of Phnom Penh with UC88 Project in BKK1
Unveiling an exceptional residential and commercial space blend, UC88 stands tall as a mixed-use development project in the vibrant Boeung Keng Keng I area. Located along Street 322 near Monivong Blvd, this impressive 45-storey building offers an alluring proposition, providing both contemporary condos and versatile strata-offices, catering to the modern lifestyle needs of residents and […]
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