China Approves the Largest and Highest USD 127 Billion Hydropower Dam in Tibet Amid Global Concerns
China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about […]
Experience Prosperity this Lunar New Year with Unmissable Offers from Borey Peng Huoth!
In celebration of the vibrant and auspicious Chinese New Year, Borey Peng Huoth is thrilled to announce a sensational promotion that is perfect for families and businesses seeking their dream homes. From now until January 31, 2025, join us in experiencing the spirit of the season with exclusive discounts and offers designed to bring joy […]
Cambodian Government Exempts Local Cement Industry from Special Tax for Two Years
The Government of Cambodia has announced a significant measure to support the local cement industry by waiving the special tax for a period of two years. This decision, outlined in a Prakas from the Ministry of Economy and Finance dated January 14, 2025, is aimed at easing the financial burden on the industry. During a […]
Chinese Mining Firms Eye Expansion in Cambodia’s Potent Resource Sector
In a promising development for Cambodia’s mining industry, Beijing Endi (Group) Co., Ltd., a prominent mining investment firm based in China, has set its sights on expanding operations in the Kingdom. This ambition was underscored during a pivotal meeting on January 15, 2025, between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and […]
Cambodia Welcomes 17 New Investment Projects Worth USD 150 Million in January 2025
In an exciting start to the year, Cambodia’s investment landscape is poised for growth as the country received a notable infusion of capital with 17 new investment projects. These initiatives, collectively valued at approximately USD 150 million, were registered during the inaugural “One Window Service Office” (OWSO) meeting for 2025, held on January 15, chaired […]
Cambodia to Issue 500 Billion Riels in Securities to Balance National Budget in 2025
In a strategic move to bolster its national budget, the Cambodian government has announced plans to issue an additional 500 billion riels in state securities in 2025. This decision, revealed in a press release dated December 23, 2024, aims to enhance investment capabilities while ensuring fiscal stability. The Ministry of Economy and Finance will conduct […]