Local News
Singapore’s Luxury Property Market Flourishes as Chinese Investors Seize Opportunities Amid Tax Surge
Amidst a significant surge in demand, Chinese investors have flocked to Singapore’s luxury condominium market, acquiring a record number of units in nearly a decade, just before the Singaporean government doubled taxes on foreign property purchases. The allure of Singapore’s real estate sector remains strong, with Chinese buyers purchasing 111 luxury condominium units—a remarkable 158 […]
Read More
Borey Peng Huoth Announces to sales of all kinds of a model houses with big promotion
On May 13, 2023, Borey Peng Huot organized a grand party at Villa King A, The Star Mera Garden, located along the 2nd Ring Road (50m) with the participation of Many customers who bought a house in Borey Peng Huoth project. Apart from thanking the customers who have always supported all kinds of houses of […]
Read More
Spectacular Investment of $118M Elevates Cambodia as it Welcomes 20K Daily Foreign Tourists during the 32nd SEA Games
As Cambodia takes center stage in hosting the prestigious 32nd Southeast Asian (SEA) Games, the government has spared no expense, with a remarkable investment of over $118 million. This momentous occasion not only showcases the nation’s rich cultural heritage but also positions Cambodia as a global hub of excellence and a testament to its resolute […]
Read More
Angkor Wat Ticket Sales Skyrocket, Surpassing US$14M in the First Four Months of 2023
Angkor Wat, the crown jewel of Cambodia’s cultural heritage, has witnessed a remarkable surge in ticket sales, signalling a reinvigorated interest from global tourists. Cambodia raked in an astounding US$14,031,206 from the sale of tickets to 298,998 foreign visitors in the first four months of the year, according to a report released by the esteemed […]
Read More
PM Hun Sen Grants Complimentary Angkor Wat Access to Foreign Athletes Participating in SEA Games
In a remarkable gesture of hospitality, Prime Minister Hun Sen has announced that all foreign athletes competing in the upcoming Southeast Asian (SEA) Games hosted by Cambodia will be granted free access to the iconic Angkor Wat temple complex, exempting them from purchasing entrance tickets. The Prime Minister made this generous declaration while conferring diplomas […]
Read More
WB Warns of Potential Threat to Cambodia’s Financial Stability Amidst Disruptions in Commercial Real Estate Market
The slow recovery and current disruptions in Cambodia’s real estate market could potentially threaten the country’s financial stability through the connectedness of the sector with the financial system and the broader macroeconomy, warned the World Bank in its latest report. The report identifies two key issues plaguing the sector: excess supply and a lack of […]
Read More
Collaborative Efforts Unleashed: 30 Protected Area Management Projects Unveiled in 7 Provinces
In a momentous display of collaboration, the Ministry of Environment and the Ministry of Rural Development have joined forces to initiate the Cambodia Sustainable Landscape and Ecotourism Sustainability Project (CSLEP) across 30 protected areas spanning seven provinces. The remarkable initiative was highlighted during the “Ensuring Safety, Environment, and Society” training course held on 11 May […]
Read More
TP Moral Group Granted Approval to Develop 1,247 Hectares of Land in Kep, Unveiling a New Satellite City
In a groundbreaking move, TP Moral Group has received official approval from the Royal Government to embark on an ambitious venture that entails the development of two satellite cities and sacred tourist sites spanning an expansive area of 1,247 hectares. The highly coveted land parcels are strategically located in Sangkat Kep, Kep City, as well […]
Read More
Preserving History: the 118yrs old Battambang Provincial Hall Transformed into a Captivating History Museum
The iconic Battambang Provincial Hall, with its rich heritage spanning 118 years, has undergone a remarkable transformation into the Battambang Museum of History. The Ministry of Tourism’s official Facebook page announced this exciting development on 11 May 2023, inviting visitors to delve into the captivating past of Battambang. Originally constructed in 1905 as the residence […]
Read More
Myanmar Investors Eye Lucrative Real Estate Opportunities in Cambodia
Myanmar investors are actively seeking investment opportunities in Cambodia’s real estate sector and other key industries. During a recent meeting between the Association of Innovation and Development Investors (IDI) and ID Capital PLC (IDC) with Myanmar investors on 4 May 2023, the potential for economic collaboration between the two countries was explored. Under the chairmanship […]
Read More