Over 500 Solar Lights Installed & Put into Operation in Kandal
A total of 538 solar light poles worth over US$100,000 were officially inaugurated in Kandal province on 15 September. Located in Ta Ek commune in Khsach Kandal district, the light poles were built by Saron Group, with construction starting in June 2021 and completed in September 2022. HE Dith Tina, Secretary of State of the […]
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Renewable Energy Accounts for 40% of Cambodia’s Total Energy Mix
Renewable energy in Cambodia, mainly sourced from hydropower, solar energy, and biomass energy, accounted for 40% percent of the kingdom’s total energy mix in 2021. In his opening remarks at the 40th ASEAN Ministers and Energy Meeting and Related Meetings on 15 September, Cambodia Prime Minister Hun Sen said Cambodia has actively integrated renewable energy […]
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Cambodia, Thailand Vow to End Dispute Over 26,000 sq km Overlapping Claims Area
Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor, reported the Bangkok Post. The move comes following efforts by the two countries to work together to develop new energy sources and this involves […]
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Samsung Group Wins Bid on US$11bn Airport Project in the Philippines
Samsung Group and European subsidiaries have won bids for an US$11-billion airport project in the Philippines, on which China bid only US$10 billion. According to Nikkei Asia on 15 September, Sangley Point Airport is located south of Manila in Cavite Province, the Philippines. It will be built by the SPIA Development Consortium, a subsidiary of […]
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MPWT Officially Launches Cambodia’s Third EV Charging Station in Siem Reap
A new EV charging station in Siem Reap was officially launched on 14 September by Minister of Public Works and Transport HE Sun Chanthol and Representative of the United Nations Development Program (UNDP) Butchaiah Gadde. Located in Boeung Doun Pa village, Sangkat Slor Kram, Siem Reap city, this station is Cambodia’s third EV charging station […]
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Evergrande Pledges to Resume All Paused Property Project
China Evergrande has vowed to restart construction of all frozen property projects by the end of September, prompting a response to the nationwide mortgage boycott, reported the Financial Times. 38 projects will be resumed by the end of September while 62 others will be restarted to “normal level”, according to a company statement released on […]
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Cambodia Uses Robots for Checking Drainage System
The Ministry of Public Works and Transport (MPWT) has used robots in checking drainage systems and replacing manpower, a step forwards to transport sector modernization. The experiment was conducted during the Siem Reap city drainage system inspection by MPWT Minister HE Sun Chanthol on 13 September. The use of robots to monitor the sewer system […]
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Construction of New Siem Reap International Airport 40% Completed as of September
Construction of the new Siem Reap Angkor International Airport has been 40% completed by September, while the developer is aiming for 70% completion by the end of 2022. The progress of the construction of the new international airport in Siem Reap was mentioned during a site inspection led by HE Mao Havannal, Minister in charge […]
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Investor Sentiment Leaning Towards Asia Pacific in 2022, Say Experts
Investors around the world are becoming more cautious in investing in real estate as well as other sectors, as uncertainty in the macroeconomic environment is ongoing, say, experts, emphasizing that the Asia Pacific market has gained more popularity lately compared to other regions. Despite the more cautious approach, the market in the Asia Pacific will […]
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Singapore’s real estate market spikes as Chinese buyers increase
Singapore’s property market has recently caught its momentum compared to other markets around the world as Chinese buyers keep increasing. According to Worldakkam, Chinese buyers in Singapore were mainly concentrated in the luxury real estate market, Singapore’s hotels and beachfront real estate for instance. The reasons that build more trust for Chinese investors are the […]
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Run Ta Ek Development a Model of Effective Urban Planning Policy. Why?
Prime Minister Hun Sen has announced that the government will develop the Run Ta Ek area into a new potential city with all the necessary infrastructure provided to ease the lives and careers of over 6,000 families. The Prime Minister stated in a public announcement on 13 September that the establishment of the new Run […]
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Gov’t Urges Establishment of Green Investment Zone in ASEAN Bloc
The Cambodian government has supported the establishment of the Green Economic or Investment Zone in the ASEAN bloc and Cambodia proposes to host the zone. The remark was made by Samdech Techo Hun Sen, Prime Minister of Cambodia, at the 2022 ASEAN Leadership and Partnership Forum held on 12 September. Speaking at the forum, PM […]
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