PP-SHV Expressway Company announces to charge the full toll rates from Nov 1 onwards
The Phnom Penh-Sihanoukville Expressway Company has announced that it will begin charging the full toll rates starting November 1, 2024. The previously offered 20% discount will end at 00:00 on October 31, 2024. This information was confirmed in the company’s announcement dated October 31, 2024. The expressway company will continue to provide free Electronic Toll […]
Bentley Systems’ New Carbon Analysis Capabilities Help Reduce Infrastructure’s Carbon Footprint
Bentley makes carbon impact analysis a systematic part of the design process for new and existing infrastructure assets and simplifies embodied carbon reporting with added 3D visualisations. VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the general availability of new Carbon Analysis capabilities […]
Indonesia Sets Sights on Becoming Southeast Asia’s Leading Electric Vehicle and Battery Hub
Indonesia has declared its ambition to become the largest electric vehicle (EV) and EV battery hub in Southeast Asia, a move highlighted by the opening of the region’s first EV battery manufacturing facility last July, according to a statement by vietnamplus, 28 October 2024. This pioneering plant, a $1.1 billion joint venture between Hyundai Motor […]
Bentley Systems Partners with Google to Bring Powerful Geospatial Context and Capabilities to Infrastructure
Collaboration enables use of Google 2D, 3D geospatial content within Bentley’s applications and platforms to deliver actionable insights to infrastructure professionals VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software […]
Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totalling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut comes as part of a strategic approach to economic planning and was endorsed during a cabinet meeting chaired by PM Samdech […]
CBRE: Cambodian Real Estate Faces Divergent Trends Amid 2024 Economic Growth
Cambodia’s real estate market in the final quarter of 2024 reveals diverse trends, marked by an estimated 5.8% GDP growth rate and 4.3 million international tourist arrivals in the first eight months, yet a decline in construction investment approvals to just $2.19 billion, involving fewer than 3,000 projects. The latest report by CBRE Research, based […]