Cambodia’s Tourism Ticket Revenue Exceeds USD 7 Million in January 2025
Cambodia’s tourism sector experienced a significant boost in January 2025, generating over USD 7 million from ticket sales to various attractions. The total revenue from these sales reached an impressive USD 7,097,602, reflecting the growing appeal of the country’s cultural and natural wonders. According to a report released by the Angkor Foundation on February 1, […]
Australia Boosts Support for Cambodia’s Mine Action Efforts with Additional AUD 2 Million
In a significant commitment to bolster safety and rehabilitation in Cambodia, the Australian Government has announced an additional AUD 2 million (over USD 1.2 million) for the ongoing Cambodia Mine Action Project Phase 4 (CFR4). This funding initiative was formalized through an agreement signed on April 30, 2025, by His Excellency Derek Yip, the Australian […]
Phnom Penh Infrastructure Project Advancing Rapidly to Combat Flooding
In a significant step towards enhancing urban resilience, a major infrastructure project targeting flood prevention in the western districts of Phnom Penh is now over 66% complete. The initiative, which focuses on installing large-scale box culverts, is actively transforming National Road 4 and surrounding areas. Managed by the PPPP-TCM joint venture, this ambitious project encompasses […]
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 […]