Vietnam’s Cutting-Edge Rubber Processing Plant Unveiled in Kampong Thom, Paving the Way for Enhanced Production
Vietnam’s Chipa rubber processing plant in Kampong Thom, capable of processing 2 tons of rubber per hour was officially launched in an inauguration ceremony on 28 July 2023. Located in Dang Kambit commune, Sandan district, Kampong Thom province, the factory’s completion aligns seamlessly with the planned timeline, showcasing the efficacy of strategic partnerships. Governor HE […]
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Cambodia’s Citizenship by Investment Ranked 11th, Emerges as Key Catalyst for Foreign Real Estate Interest
Cambodia’s real estate market is witnessing a surge in foreign interest, fuelled by its impressive Citizenship by Investment (CBI) program, which recently earned the remarkable 11th spot in Henley & Partners’ global rankings. This naturalisation offers foreign investors the gateway to become freehold landowners in the country. For years, foreign investors looking to invest in […]
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Vietnamese Automaker Invests US$2 bn in EV Factory Construction in North Carolina, USA
Vinfast, a Vietnamese electric vehicle manufacturer under Vingroup, and a pioneer in electric vehicle (EV) manufacturing, held a groundbreaking ceremony for its North Carolina electric car plant on 28 July 2023. This achievement sets the stage for a transformative economic development project with an impressive $2 billion investment in the first phase of construction, sprawled […]
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MoE Recognises Over 90 Hectares of “Lower Tatai” in Koh Kong as Protected Area Community
The Ministry of Environment (MOE) has officially granted recognition to the “Lower Tatai” protected area community, spanning an impressive 97.3 hectares. Nestled within the pristine confines of the Peam Krasop Wildlife Sanctuary, the “Ta Tai Krom” Protected Area Community encompasses the idyllic landscapes of Anlong Vak Village and Koh Andet Village in Ta Tai Krom […]
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Unique Architectural Features of Asia’s Largest Wooden Building in Singapore
The Nanyang Technological University (NTU) of Singapore has just officially inaugurated the second-largest wooden building in the world with an area of 43,500 square metres and “the largest wooden building in Asia” in terms of the volume of timber used. The university named this masterpiece “The Gaia Timber” after the Greek goddess of Earth reflecting […]
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Korea Pledges US$37 Million for Mobile Hospital in Kampong Speu
The University College of Medicine is gearing up to establish a state-of-the-art mobile hospital, offering free medical treatment to the local community. Mr. Vy Samnang, Governor of Kampong Speu Province, took to his official Facebook page on July 27, 2023 to share the promising news, announcing the planned investment of over US$37 million for this […]
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Historic Cambodia-Thailand Railway Line Launches, Boosting Cross-Border Trade
A significant milestone in regional transportation was achieved today as Cambodia and Thailand celebrated the official opening of their first-ever railway link, forging a crucial connection to facilitate seamless cross-border trade and bolstering economic ties between the nations. The momentous inauguration ceremony saw the participation of key stakeholders from both countries, marking a new era […]
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Three Indicators: Glimmer of Hope for APAC Real Estate Market, but Depending on China
China’s reopening and the perception that interest rates are nearing their peak have led to brighter economic prospects in the region. However, Q1saw a dip in commercial real estate investment, plunging to its lowest level since 2010. Commercial Real Estate Investment and Sector Analysis: The office sector continues to face pressure, primarily due to high […]
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Japan & Korea Collaborate to Produce International Standard Bio-Energy from Cambodian Cashew Shells
Cambodia’s burgeoning cashew industry has received a game-changing boost as researchers from the prestigious Korea Energy Institute (KIER) and Japanese powerhouse Mitsubishi Corporation unite to harness the untapped potential of cashew shells, transforming them into eco-friendly bio-energy. This groundbreaking initiative comes in response to Cambodia’s rising prominence in cashew cultivation, opening new avenues for sustainable […]
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Elevating Travel Horizons: Siem Reap International Airport Set to Soar on 16 October
A milestone in Cambodia’s aviation landscape is set to unfold as the new Siem Reap International Airport opens for flights on 16 October 2023. The Secretariat of State for Civil Aviation confirmed the official opening date, marking a momentous occasion for the nation’s travel industry. In the lead-up to the grand inauguration, the airport will […]
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GIZ Germany Pioneers Training of Cambodian Experts in Ancient Stone Preservation
Experts from the prestigious GIZ Institute of Germany are joining hands with the Apsara National Authority to train 20 Cambodian trainees in conserving ancient stone at the iconic Angkor resort in Siem Reap. The groundbreaking training, conducted on-site, equips participants with vital skills in cleaning, neutralising salt, and fortifying ancient stone structures, ensuring their preservation […]
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Reimagining Luxury: Japan’s TreeFul Unveils Ambitious Plans for Five-Star Treehouse Hotel on Kulen Mountain
Setting its sights on new heights of opulence and eco-consciousness, Japan’s innovative TreeFul is poised to redefine luxury hospitality with a five-star treehouse hotel on the majestic Kulen Mountain. The Siem Reap Provincial Information Department’s publication on 26th July 2023 revealed the company’s visionary endeavor, aimed at creating a world-class retreat that marries sustainable design […]
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