Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating
Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]
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Cambodia Allocates USD 2.7 Billion in SDR Borrowing for 2025 Development Boost Under Financial Law
Cambodia’s government will borrow 2 billion Special Drawing Rights (SDRs), equivalent to approximately USD 2.7 billion, to finance critical projects in 2025. This initiative, part of the Finance Law approved on 12 December 2024, aims to strengthen infrastructure, improve living standards, and support economic growth across key sectors. The funds will be strategically allocated to […]
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Kambol District Celebrates the Launch of USD 1.4 Million Boeung Thom Water Treatment Plant
In a transformative move to improve access to clean water for Phnom Penh residents, the Cambodian government has inaugurated the Boeung Thom Water Treatment Plant, a USD 1.4 million investment aimed at serving over 3,000 families in the Kambol District. The inauguration ceremony, held on 16 December 2024, was officiated by HE Hem Vandy, Minister […]
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The 9th PropertyGuru Cambodia Property Awards recognise top developments, designs
OCIC GROUP HONOURED FOR HIGH-CALIBRE, SUSTAINABLE PROJECTS WHILE V.I LAND INVESTMENT CO., LTD. AND LP RESIDENCES CO., LTD SHOWCASE DESIGN EXCELLENCE PHNOM PENH, Cambodia — The 9th PropertyGuru Cambodia Property Awards, supported by CBRE Cambodia, today celebrated the elite range of companies representing the finest real estate in the kingdom. PropertyGuru Group, Southeast Asia’s leading […]
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Cambodian Gov’t Revives 40 Stalled Buildings in Sihanoukville, 7 Buildings Already Completed
In a significant step towards revitalising Sihanoukville’s economy, the Cambodian government has successfully initiated the reconstruction of 40 out of 101 stalled buildings in the province. This announcement was made recently by Mr Mang Sinet, Governor of the Sihanoukville Provincial Government. The governor attributed this progress to the Sihanoukville Investment Promotion Policy 2024, which offers […]
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Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
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Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy
To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative, running from 2025 to 2028, aimed at revitalising the iconic UNESCO World Heritage site. The announcement was made on 13 December […]
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Seamless Roofing Upgrades: ISI RE-ROOFING Solutions Revolutionises Your Commercial Roofing
Commercial properties in Cambodia are now equipped with a groundbreaking solution to address persistent roofing issues, as ISI STEEL launches its innovative ISI RE-ROOFING Solutions. This first-of-its-kind service in Cambodia allows businesses to upgrade their roofs without the need for costly and disruptive demolitions, ensuring uninterrupted daily operations. Many factories, warehouses, and rice mills across […]
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The PropertyGuru Asia Real Estate Summit marks landmark 10th edition with aspirational discourses on future of cities
ARES 2024 ANCHORS PROPERTYGURU WEEK, FEATURING DEBUT OF THE MIDDLE EAST AWARDS AND OTHER MILESTONES BANGKOK, Thailand — The 10th edition of the PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group (NYSE: PGRU), gathered experts and thought leaders to discuss the intersecting issues moving and shaking the real estate industry, […]
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The Gov’t Temporarily Opens Morodok Techo Flyover’s First Floor Ahead of Khmer New Year 2025
To enhance urban mobility and alleviate traffic congestion in Phnom Penh, the Cambodian government has announced the temporary opening of the first floor of the highly anticipated Morodok Techo Flyover ahead of the Khmer New Year celebrations 2025. This development comes as part of efforts to facilitate smoother travel during the bustling Khmer New Year […]
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Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses
In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support, while enhancing awareness of their contributions to the national and family economy. The […]
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Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future
Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]
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