ADB Approves USD50 Million Loan to Elevate Cambodia’s SME Sector
In a significant boost to Cambodia’s economy, the Asian Development Bank (ADB) has approved a loan of approximately USD50 million to enhance the business environment for micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, highlighted in a recent press release, is designed to promote competitiveness and reduce trade barriers within Southeast Asia. […]
Daikin Expands Operations in Cambodia, Boosting Local Economy
Japanese air conditioning giant Daikin has inaugurated its expanded operations in Cambodia, showcasing growing investor confidence in the nation’s economy. The ceremony, led by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, marks a key milestone for both the company and Cambodia’s industrial sector. Minister Hem Vandy highlighted that Daikin currently supports over […]
Cambodia Achieves Record Cashew Production of 840K Tons in 2024
Cambodia’s cashew industry has witnessed remarkable growth, with 840,000 tons of cashew nuts produced in the first ten months of 2024, marking a 26% increase compared to the same period last year. This significant milestone, announced by Mr. Uon Siloth, President of the Cambodian Cashew Association, reflects the sector’s growing importance in the nation’s agricultural […]
Thai office space vacancy rate rises 26.3%, Yet Thailand’s richest billionaire optimistic about market demand growth
Bangkok’s office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to bangkokpost on 19 September 2024. With a US$3.6 billion […]
Get Real: Powerful 3D Software Brings The Future of Infrastructure to Life in Just a Few Clicks
By Sean O’Neill Greg Demchak stood before an enormous LED screen in a dark hotel conference room. With a game controller and a keyboard, he moved his audience through a digital model of Barcelona. The glowing screen showed a bird’s-eye view of the Spanish city’s famed “manzanas,” the octagonal block of buildings designed by […]
Cambodia Construction Expo 2024 to Showcase Over 2,000 Products and Services on 5-7 December
The Cambodia Construction Expo 2024, a cornerstone event for the nation’s construction industry, is set to take place from 5 to 7 December 2024, promising to be a key driver of industrial growth. Organised by the Cambodia Constructors Association (CCA), the three-day exhibition will feature hundreds of domestic and international companies showcasing over 2,000 products […]