Local News
Reimagining Luxury: Japan’s TreeFul Unveils Ambitious Plans for Five-Star Treehouse Hotel on Kulen Mountain
Setting its sights on new heights of opulence and eco-consciousness, Japan’s innovative TreeFul is poised to redefine luxury hospitality with a five-star treehouse hotel on the majestic Kulen Mountain. The Siem Reap Provincial Information Department’s publication on 26th July 2023 revealed the company’s visionary endeavor, aimed at creating a world-class retreat that marries sustainable design […]
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Why not Phnom Penh or Bangkok? Why Ho Chin Minh ranked in the top 10 Asia Pacific Real Estate for international real estate capital?
Phnom Penh, the thriving capital of Cambodia, has been experiencing robust growth with a surge in size expansion, foreign direct investment (FDI), and flourishing real estate development. Nevertheless, it remains relatively small when comparing investment volumes to other major ASEAN cities. In contrast, Bangkok, the bustling capital of Thailand, stands out as a major attraction […]
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Unveiling a Towering Marvel: Ministry of Industry’s 18-Storey Office Building Reaches 100% Completion
The architectural masterpiece that is the new 18-storey office building of the Ministry of Industry, Science, Technology, and Innovation has reached a momentous milestone with its 100% completion. Nestled gracefully along Norodom Boulevard, this landmark structure stands tall as a testament to Cambodia’s progress and commitment to innovation. In a moment of pride and celebration, […]
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Australia Grants Over AUD83.6 M to Foster Key Sectors in Cambodia
Australia has extended its support by providing an official development assistance of AUD83.6 million (over US$ 56.5 million). This commitment is aligned with Australia’s dedication to enhancing economic and social prosperity in Cambodia and marks a step towards reinforcing the strong bilateral ties between the two nations. The development assistance, as outlined in a letter […]
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Green Mobility Goes Premium: MPWT to Introduce Electric Vehicle Charging Fees from August
The Ministry of Public Works and Transport (MPWT) has announced the implementation of electric vehicle charging fees at stations under its purview, effective from 1st August 2023. This much-anticipated development, referred to as letter No. 032 of the National Coordinating Committee (NCC) and dated 21st July 2023, marks a significant milestone in Cambodia’s green mobility […]
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Cambodia’s Digital Transformation Soars with the US$30 Million National Data Center
The Ministry of Posts and Telecommunications marked a historic milestone today with the inauguration of the state-of-the-art National Data Center, a project valued at nearly US$30 million. The center, located in Srah Chak district, Khan Daun Penh, Phnom Penh, spans an impressive 12 stories, 36 meters wide, and 63 meters long. With an estimated construction […]
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Ring Road 3 is temporarily open and will be officially inaugurated on August 3
Ring Road 3, a vital infrastructure project in Cambodia, is set to bolster connectivity and drive economic growth in the country. The road construction has reached its completion milestone, and a temporary opening is currently in effect. The official inauguration is scheduled for August 3, 2023, with the esteemed presence of Samdech Techo Hun Sen, […]
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Cambodia-Australia Collaborate to Unveil Investment Handbook to Fuel Economic Growth
The Council for the Development of Cambodia and the Australian Embassy have jointly unveiled a comprehensive investment handbook. The book, launched by Nicholas Moore, Australia’s Special Envoy to Southeast Asia, and HE Sok Chenda Sophea, Deputy Prime Minister and Secretary-General of the Council for the Development of Cambodia, on 11th July 2023, serves as a […]
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FDI in Cambodia Surges to US$45 Billion in Q1 2023
In an impressive display of investor confidence, Cambodia’s foreign direct investment (FDI) has soared to over US$45.8 billion in the first quarter of 2023. According to a report from the National Bank of Cambodia, the country has witnessed a steady inflow of capital from major sources including China, South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, […]
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Monument Aux Morts: A Symbolic Tribute to World War I Victims in Cambodia
The official inauguration of the Monument Aux Morts, also known as the “Two Statues,” took place at the intersection of Monivong Blvd., France Blvd., and Oknha Techo Ind Blvd. in Phnom Penh. The solemn ceremony, presided over by Prime Minister Hun Sen on 14th July 2023, commemorated the victims of World War I from 1914 […]
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