Progress Update: NR No. 7 Expansion from Skun to Kampong Cham Reaches 8% Completion
Progress on the expansion and enhancement project of NR No. 7, stretching from the Skun roundabout to Kampong Cham provincial town, has reached 8%, with a total project value of US$117 million. This update was provided by Mr. Sok Lim Heang, Director of the Department of Public Works and Transport of Kampong Cham Province, on […]
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Malaysia Injects US$8.34bn into Port Expansion to Race with Singapore; Criticises Thai Land Bridge Project
Malaysia has unveiled a monumental investment of US$8.34 billion to bolster its port infrastructure, aimed at challenging neighbouring Singapore’s dominance in maritime trade. The expansion project, strategically positioned along the Malacca Strait, signifies Malaysia’s bid to strengthen its foothold in the competitive global logistics arena. Simultaneously, Malaysia has expressed scepticism towards the Thai Land Bridge, […]
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Siem Reap Tourism Development Plan Receives Government Recommendations for Effective Implementation
HE Thong Khon, Senior Minister overseeing Special Mission and Chair of the Siem Reap-Angkor Tourism Management and Development Commission (STMDC), outlined four key recommendations to enhance the implementation of the Siem Reap Tourism Development Master Plan, as advised by the Cambodian government. During the inaugural meeting of the Siem Reap-Angkor Tourism Management and Development Committee […]
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Driving Forces Behind Cambodia’s Funan Canal Project
The Cambodian government is making strides towards the start of the Funan Canal project by the end of 2024, recognising its potential to significantly boost the country’s economy and trade dynamics, not only locally but also within Southeast Asia. (Read more) The Funan Canal project holds immense promise for Cambodia, promising a multitude of benefits […]
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Last Chance to Seize Exclusive Sangkran New Year Deals at Borey Peng Huoth’s “Angkor Nam Samnang” Project
Time is running out to take advantage of Borey Peng Huoth’s Sangkran New Year promotion, especially as the “Angkor Nam Samnang” project nears completion! Borey Peng Huoth rolled out an exciting promotion in early April to celebrate the Khmer New Year, offering exclusive deals for homebuyers. With only a few days left until the end […]
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Sihanoukville Authority Urges Prompt Water Supply to SEZ Amid Current Shortage
The Governor of Preah Sihanouk Province, HE Kouch Chamroeun, has issued a pressing appeal to ANCO to expedite the connection of clean water to the Sihanoukville Special Economic Zone (SEZ), citing prolonged dry conditions exacerbating the scarcity. During an inspection of the water supply network on 24 April 2024, HE Kouch Chamroeun emphasised the critical […]
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Extended Savings: Expressway Company Announces 20% Discount Continuation for ETC & ANPR Users
In a generous move to support its users, the company responsible for managing the Phnom Penh-Sihanoukville Expressway has declared an extension of the 20% discount for a further six months exclusively for ETC and ANPR users, a decision that underscores the company’s commitment to fostering economic growth and promoting the transport sector in Cambodia. The […]
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K Mall Prek Thnoat: Pioneering a New Retail Experience Near Techo International Airport
Urbanland, a leading Cambodian real estate developer, officially commenced construction of the eagerly anticipated K Mall Prek Thnoat on Thursday, 25 April 2024. This groundbreaking event heralds the start of a visionary project set to redefine community shopping near the burgeoning Borey Chankiri on NR 2, promising a blend of convenience and lifestyle retail experiences. […]
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Penalty-Free Property Registration Deadline Announced
The General Department of Taxation has declared a grace period for owners of unregistered or outdated immovable properties, offering an exemption from administrative penalties, including surcharges and interest, provided they complete their registration or update their property information by the end of June 2024. This directive, issued in a press release on 25 April 2024, […]
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Land of Opportunity: Cambodia’s Strategic Initiative to Distribute 1,507 Hectares to Veterans & Needy
In a landmark move, the Cambodian has earmarked two expansive land concessions totalling 1,507 hectares in Kampot province for distribution among former armed forces personnel and impoverished families, as part of a concerted effort to address social inequality. This initiative was unveiled during a pivotal meeting on the “Campaign to update the work and check […]
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Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023
Cambodia’s trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the […]
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Cambodian Real Estate Sector Maintains Stability Amidst Tensions in Q1 2024
The first quarter of 2024 has seen the Cambodian real estate sector maintaining a stable trajectory, with no significant shifts in tension but also no substantial new growth. According to the latest Market Insights Q1 2024 report by CBRE Research, published on 11 April 2024, the office building sector recorded an occupancy rate of 62.2%, […]
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