Japan’s Generosity Paves the Way for Progress: Over US$420k Granted for Vital Projects in 3 Cambodian Provinces
In a gesture of strong bilateral ties, the Embassy of Japan in Cambodia has allocated a generous sum of US$424,907 to kickstart pivotal projects across three provinces. The signing ceremony for the Small-Scale Human Security Project (Kusanoni Grant) on 14 November 2023, marked the commencement of these transformative initiatives. The Acting Chargé d’Affaires of the […]
Read More
New Heights for Siem Reap: Inauguration of Siem Reap Angkor International Airport Marks Milestone
Siem Reap Angkor International Airport reached new heights of significance as it was officially inaugurated on 16 November 2023 by Prime Minister Samdech Hun Manet. This monumental occasion reflects Cambodia’s commitment to long-term vision, balancing development and conservation to safeguard the cherished Khmer ancestral property. PM Hun Manet emphasized the strategic decision to relocate the […]
Read More
Koh Norea Satellite City: A Vision Unfolding – Phase I Completion Set for 2025
The Overseas Cambodian Investment Company (OCIC) is orchestrating the ambitious 125-hectare Norea Island Development Project, a transformative initiative valued at over US$2.5 billion. Neak Oknha Pung Kheav Se, CEO of OCIC, recently unveiled the project’s momentum, announcing the planned completion of Phase I, a monumental US$550 million investment, by the year 2025. Neak Oknha, speaking […]
Read More
Phnom Penh’s Skyline Set to Soar: Prek Pra Bridge Project Gears Up for 2023 Commencement
The highly anticipated Prek Pra bridge project is poised to break ground in 2023 as negotiations reach the final stages. This news was revealed by Samdech Hun Manet, PM of Cambodia during the inauguration ceremony of “Twin Dragon Bridge, Koh Nora, and the concrete cable bridge connecting Koh Nora Development Zone to Koh Pich Development […]
Read More
Two Bridges Transform Koh Norea Satellite City Into Cambodia’s Connectivity Hub
Presided over by Samdech Hun Manet, Prime Minister of the Kingdom of Cambodia, the Twin Dragon Bridge connecting NR No. 1 to Koh Norea Satellite City and the cable concrete bridge linking Koh Pich to Koh Norea Satellite City was officially inaugurated on 15 November 2023. The first marvel, the bridge from Koh Pich to […]
Read More
MOT Unveils Strategic Blueprint for Coastal Tourism Renaissance in Sihanoukville
In a strategic move to fortify Sihanoukville’s standing as a coastal tourism gem, the Ministry of Tourism (MOT) recently hosted a consultative workshop on the “Plan to Promote Investment and development of Coastal Tourism” on 8 November 2023, in Sihanoukville. HE Un Wallerro, Secretary of State of the Ministry of Tourism, emphasized the province’s untapped […]
Read More
Gov’t Unveils Stimulus: Stamp Duty Tax Exemption on Real Estate Under US$70,000 until 2024 Year-End
Prime Minister Samdech Hun Manet announced during the 19th “Government-Private Sector” forum on 13 November 2023, that the government is extending the stamp duty tax exemption for real estate valued under US$70,000 until the close of 2024 to foster homeownership and stimulate the real estate market. PM Hun Manet stated, “We will continue the stamp […]
Read More
Gov’t Initiates Two Measures in Siem Reap to Propel Tourism Growth in 2024
In a groundbreaking move to fortify the tourism sector, Prime Minister Hun Manet unveiled pivotal measures at the 19th “Royal Government-Private Sector” forum on 13 November 2023, geared towards propelling Siem Reap’s tourism to unprecedented heights in 2024. PM Hun Manet’s visionary announcement included a comprehensive study on transforming Phnom Kulen in Siem Reap into […]
Read More
Takeo Provincial High School Breaks Ground on Cutting-edge Technology Centre Construction
The groundbreaking ceremony for the construction of Community Technology Centres (CTCs) at public high schools in Takeo province took place on 10 November 2023. HE Excellency Chea Vandeth, Minister of Posts and Telecommunications (MPT), presided over the ceremony, marking a pivotal step in bolstering digital education and literacy. The primary objective of the Community Technology […]
Read More
Female Nigerian Entrepreneur Transforms Tyre Waste into Sustainable Construction Products
In the bustling city of Lagos, a visionary entrepreneur, Ifedolapo Runsewe, is revolutionising the way Nigeria deals with tyre waste. Through her company, Free Recycle, Runsewe is not only addressing the environmental challenge posed by discarded tyres but also creating valuable products for various applications. The Free Recycle factory, a beacon of sustainability, processes over […]
Read More
PM Unlocks Opportunities: Foreigners Granted 50-Year Leasing Rights for Real Estate in Cambodia
In a significant announcement at the 19th “Royal Government-Private Sector” forum on 13 November, PM Samdech Hun Manet unveiled a groundbreaking initiative granting foreigners the legal right to long-term leases for real estate in Cambodia, extending up to an impressive 50 years. This landmark decision comes at a time when foreign ownership of land remains […]
Read More
“Shophouse Magic” business house makes your business dream come true
The shophouse is a home that is gaining the satisfaction and desire of customers because this type of home can do business as well as stay and is in a potential area. We would like to introduce a kind of shophouse, Borey Peng Huot’s Majestic Shophouse, which is elegantly designed in a new European style, […]
Read More