Cambodian Government Advances Waterway Transportation Initiative
In a significant move to enhance its waterways infrastructure, the Cambodian government is rolling out a new framework aimed at developing and managing river port businesses nationwide. The initiative, spearheaded by HE Aun Pornmonirath, Minister of Economy and Finance, and Chairman of the Economic and Financial Policy Committee (EFPC), seeks to bolster the implementation of […]
Cambodia’s Construction and Real Estate Sectors Forecasted for Slow Recovery in 2025
Cambodia’s construction and real estate sectors are projected to experience modest growth in 2025, with forecasts indicating a rise of approximately 2.5% and 2.6%, respectively. These estimates come amid ongoing recovery efforts following the downturn triggered by the COVID-19 pandemic in 2020. During the recent Public Forum on Macroeconomic Management and the 2025 National Budget […]
Thailand to Invest USD 11 Million in Border Fence with Cambodia
In a move to bolster border security, Thai authorities have announced plans to construct a 55-kilometer fence along the Cambodian-Thai border in Sa Kaeo province, with an estimated budget of 395 million baht (approximately USD 11 million). This significant development was reported by Radio France Internationale (RFI) on February 13, 2025. Deputy Prime Minister Phumtham […]
The Ministry of Economy and Finance predicts Cambodia’s economic growth at 6.3 percent in 2025
In a promising forecast for the nation, Cambodia’s Ministry of Economy and Finance has announced projected economic growth of 6.3% for the year 2025. This optimistic outlook, unveiled during a public forum on macroeconomic management and the 2025 budget law, is attributed to robust performance in key sectors, including apparel, textiles, agricultural exports, and services. […]
Southeast Asia’s Coastal Real Estate Development Faces Critical Balance with Mangrove Conservation
A groundbreaking study reveals that 85 percent of Southeast Asia’s mangrove forests, which comprise 32 percent of global mangrove coverage and sequester 15.9 million tonnes of carbon dioxide annually, face severe risks from real estate development, agricultural expansion, and climate change impacts, according to new research led by University of Queensland researcher Valerie Kwan, as […]
Phnom Penh and Battambang Set for Expansion of Pedestrian Streets Following Successful Trial
In a significant move to enhance urban mobility and promote pedestrian-friendly environments, the Cambodian government is gearing up to construct additional pedestrian streets in both Phnom Penh and Battambang. This initiative follows the successful trial of pedestrian streets in Phnom Penh, which has garnered widespread public support. During a recent meeting held on February 11, […]