China’s Real Estate Evolution: Lessons for Asia’s Economic Balance
China’s real estate sector has undergone a profound transformation, transitioning from a state-dominated model to a market-oriented approach, mirroring broader shifts in the Asia Pacific region. A detailed analysis of the changing real estate market impact on the Asian market by Kaize Zhu, a researcher at NUS University in Singapore and published by eastasiaforum on […]
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Mondulkiri Authorities Enforce 7 Measures to Combat Natural Resource Crime
Mondulkiri provincial authorities have unveiled a comprehensive plan comprising seven key measures aimed at preventing and combating natural resource crimes, particularly within the Nam Lear Wildlife Sanctuary situated in Pichreada and Oreang districts. In a press release issued on 29 March 2024, the National Committee for the Prevention and Suppression of Natural Resource Crimes in […]
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Siem Reap Accelerates Standard Landfill Construction as Daily Garbage Surges to Nearly 600 Tons
Siem Reap provincial authorities, in collaboration with relevant ministries, are fast-tracking the establishment of a new standard landfill project in Prasat Bakong district, Siem Reap province, in response to the alarming daily accumulation of nearly 600 tons of waste. During the meeting chaired by Mr. Chan Thorn, Deputy Director General of the General Department of […]
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Siem Reap’s Old Airport Set to Transform into Entertainment Hub by AIAI
Siem Reap Angkor International Airport Investment Company (AIAI) has unveiled plans to revitalise the former Siem Reap International Airport into a vibrant entertainment hub within the province. HE Sin Chanserevutha, spokesperson for the State Secretariat of Civil Aviation, announced on 5 March that AIAI has secured the rights to oversee the development of the old […]
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Massive Crackdown: Authorities Seize Nearly 10,000 Hectares in Pursat in Just 21 Days
In a sweeping operation targeting natural resource crime, a joint task force in Pursat province confiscated nearly 10,000 hectares of land and apprehended 30 individuals. The Ministry of Environment’s official Facebook page disclosed the findings on 1 April 2024, revealing that over the course of 21 days, from 11-31 March 2024, authorities conducted a rigorous […]
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Cambodia’s First Quarter Sees Surge in Investment: US$2.2bn Infusion
In a dynamic start to 2024, Cambodia’s investment landscape has witnessed a significant boost, with the Council for the Development of Cambodia (CDC) greenlighting 106 new projects and production expansions. These ventures boast a colossal investment sum of US$2.2 billion, promising over 170,000 employment opportunities. This pivotal development was disclosed in a press release by […]
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Gov’t Initiates Multi-Purpose Economic Corridors in Four Coastal Provinces
The Cambodian government is taking significant steps to establish multi-purpose economic corridors in four coastal provinces, namely Kampot, Koh Kong, Sihanoukville, and Kep. This initiative aims to enhance economic growth and development in the region, as announced by the official Facebook page of Preah Sihanouk Provincial Administration on 3 April 2024. A crucial meeting of […]
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Siem Reap Authorities Grant 3,426 Land Titles to Residents in Four Villages
Siem Reap provincial authorities have ceremoniously presented 3,426 land titles to residents residing in four villages: Roka, Kork Dong, Proma, and Khnar in Krabei Riel commune, Siem Reap city, Siem Reap province. The land titling ceremony, overseen by Mr Samkol Sochetra, Deputy Governor of Siem Reap Province, and relevant departments, took place on 3 April […]
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Cambodia Generates US$16.5m Revenue in 3 Months from Angkor Ticket Sales
In the first quarter of 2024, Cambodia has amassed an impressive revenue of US$16,533,293 from the sale of Angkor tickets, attracting a total of 347,534 foreign tourists. This substantial income surge, marking a 48.47% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The […]
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Cambodia Emerges as Prime Investment Hub in ASEAN, Declares Deputy PM
Cambodia is the heart for investment within the ASEAN region, according to HE Sun Chanthol, Deputy PM and First Vice President of the Council for the Development of Cambodia. Speaking at the 2024 ASEAN-Cambodia Business Summit, he emphasised Cambodia’s strategic location and immense potential, making it an irresistible destination for investors. With Cambodia positioned at […]
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Kratie & Stoeng Treng Welcome New Landfills Valued at Nearly US$10m
In a significant move to enhance hygiene and well-being, Kratie city in Kratie province and Stoeng Treng city in Stung Treng province have officially inaugurated two state-of-the-art landfills, collectively valued at nearly US$10 million. The momentous occasion took place during the official opening ceremony presided over by HE Peng Po, Minister of Public Works and […]
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NR 33 Rehabilitation Reaches 62% Completion by April 2024
The extensive effort to restore and enhance the quality of NR 33 has reached a significant milestone, with completion standing at 62% as of April 2024. This update comes following a thorough site inspection conducted by HE Bun Sophat, Deputy Director of the Project and Representative of HE Pal Chandara, Secretary of State of the […]
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