MISTI Officially Launches US$1M Data Centre
The Ministry of Industry, Science, Technology and Innovation (MISTI) officially inaugurated a data centre worth approximately US$1 million on 16 May 2022. This centre is installed with two special features: 1) Data centre backed facility ensuring device validity and safety and 2) IT facility checking device transactions and keeping data. In addition, this data centre […]
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Ministry Sets Out Two Major Strategies to Ensure Water Safety in Coastal Provinces
The Ministry of Water Resources and Meteorology has announced two key strategies to ensure water safety in coastal provinces. This is according to a senior official of the Ministry of Water Resources and Meteorology during an inspection on the management of water resources and meteorology of Koh Kong province on 16 May 2022. HE Chan […]
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Singapore Plans to Invest $US540M in Sustainable Energy in Vietnam
SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) for sustainable energy in Vietnam. The company will support the country’s transition to green energy by providing solutions for both the public and private sectors, its CEO Stanley Huang said at a press conference VN Express reported […]
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Authorities Order Immediate Demolition of Small Illegal Structures in Wildlife Sanctuary
The Pursat Provincial Administration has issued a notice to immediately dismantle illegally constructed huts in the Phnom Samkos Wildlife Sanctuary protected area in Pursat province. This is according to an announcement by the Pursat Provincial Administration on actions to clear the construction of illegal huts in the Phnom Samkos Wildlife Sanctuary protected area in Pursat […]
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Austria Wants to Invest in Technology in Hydropower Industry
Austria is interested in investing and supplying technological equipment as well as technology for hydropower development, connectivity infrastructure, and energy management, according to a meeting on 13 May 2022. The meeting took place between HE Dith Tina, Secretary of State of the Ministry of Mines and Energy, and Mr. Guamur Sucmer, Community Advisor of the […]
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US Congress Yearns for Strengthen Trade & Investment Ties with Cambodia in the Energy Industry
The US Congress intends to strengthen trade and investment ties with Cambodia in the energy industry to further boost trade between the two countries. This statement was made during a discussion between US Congressman, the Minister of Public Works and Transport, Minister of Commerce, and the Cambodian delegation with His Excellency Ron Estes, Member of […]
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Concrete Road in Damnak Chang Eur, Kep Province Inaugurated
A 2,700-metre-long concrete road near the coastal area of Kep province has been officially inaugurated by His Excellency Dr. Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Located in Ampeng village, Angkol commune, Damnak Chang Eur district, Kep province, this concrete road was named Ampeng Santepheap Road and […]
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Cambodia-China Sign MOU to Strengthen Human Resource Capacity on Railway Construction Technical Skills
Techo Sen Institute of Public Works and Transport, Beijing Jiao Tong University (BJTU), and Beijing Urban Construction Group have signed a Tripartite Memorandum of Understanding (MoU) to strengthen human resources capacity in joint construction, joint research, and technical training on railway construction skills. Speaking at the signing ceremony on 12 May 2022, HE Wasim Sorya, […]
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Real Estate Sector in the Philippines Neutral
The real estate sector in the Philippines is currently seeing neutral growth with no progress after the national election posting myriad challenges to the country’s economic growth. J.P. Morgan Global Research has downgraded the Philippines to ‘underweight’ and ranked it last in the order of preference in ASEAN in its equity investment strategy immediately after […]
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10-Year-Old Condos in GTA Cost 19% More Than When Newly Built
On 9 May, Tokyo Kantei announced the results of its Survey on ‘Resale Value (RV) of 10-Year-Old Condominiums in the Greater Tokyo Area for 2021.’ The study focused on 9 -10-year-old secondhand condos listed throughout 2021 and compared them to their original listed price when brand new; data of which Tokyo Kantei is the go-to […]
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42 Main Roads in Kampong Cham City Officially Announced
Main road infrastructures, including 42 concrete roads and DBST rubber roads with a length of 31,917 meters in Kampong Cham city, Kampong Cham province, were officially inaugurated on 12 May 2022 in the presence of HE Dr. Hun Manet and the provincial administration from Kampong Cham. His Excellency Hun Manet, Deputy Commander of the Royal […]
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WealthPark: US$260 Trillion of Globle Residential Real Estate Eight Time Bigger Than Commercial Real Estate
The total global value of residential real estate is approximately US$260 trillion, about eight times the size of commercial real estate, including office buildings and retail facilities, according to a 2022 study report by the technology company, WealthPark. In the report, according to the President of WealthPark Lab, Mr. Kay Kato, housing is the largest […]
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