Amidst Global Uncertainty, Thailand’s Condominium Market Sees Record Foreign Investment Surge
Foreign investors injected USD 538.5 million into Thai condominium acquisitions, with 3,756 units transferred to international buyers, marking an 11.6% year-on-year increase, according to a comprehensive report released by the Real Estate Information Center (REIC) on 9 January 2025. The investment landscape reveals clear preferences among international buyers, with properties priced below USD 87,000 (3 […]
Bavet City Takes a Major Step Towards Sustainability: Landfill Project Underway
In an exciting development for Bavet City, the construction of a significant landfill project has officially commenced on a sprawling 21-hectare site in Trang Mtes village, located in the heart of Svay Rieng province. The groundbreaking ceremony, held on January 31, 2025, began a transformative initiative to enhance the city’s environmental infrastructure. This project is […]
Japan Strengthens Cambodia’s Infrastructure with New Aid Package over USD 446K
In a significant move to bolster infrastructure development in Cambodia, the Japanese government has announced a generous aid package totaling USD 446,801 for three critical projects focusing on irrigation systems and bridge construction. HE Ueno Atsushi, Japan’s Ambassador to Cambodia, officially signed the grant agreement on 30th January alongside representatives from the three beneficiary institutions […]
Despite New Loan Not Yet Approved, Chinese Investment Dominates Cambodia’s FDI
Cambodia continues attracting substantial Chinese foreign direct investment, maintaining a 47% share of total FDI as of Q2 2024 despite recording no new Chinese government loans in Q3 2024. This sustained dominance in foreign investment follows a consistent pattern, where Chinese FDI has maintained majority control ranging from 48% to 56% since 2020, according to […]
Nippon Koei and Inoue Calcium Target Cambodian Cashew Processing Industry
Two foreign companies, Nippon Koei Business Partners Co., Ltd. and Inoue Calcium Corporation, are set to make significant investments in Cambodia’s growing cashew processing sector. They aim to enhance the quality of cashew nuts for export, particularly to Japan. On January 30, 2025, two important meetings took place that could impact the future of Cambodia’s […]
Phnom Penh Government to Launch Innovative Pedestrian Street Trial
The Phnom Penh Municipal Government is excited to announce the upcoming trial of a pedestrian street project, dubbed “Walk Street,” along the iconic Sisowath Avenue. This initiative aims to transform the city’s heart into a vibrant, pedestrian-friendly environment, allowing residents and visitors alike to enjoy the area more fully. The trial will commence on Saturdays […]