Policy and Strategy
Analysts Doubt Efficacy of China’s US$43.5 Billion Housing Initiative
China’s latest US$43.5 Billion housing initiative targets the country’s vacant property crisis, but analysts argue it’s insufficient to resolve the ongoing issues that have plagued the sector for nearly three years. The initiative, announced last Friday, aims to fund bank loans for state companies to purchase unsold housing stock, but concerns remain about the measure’s […]
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Gov’t Resolves Over 85% of Land Disputes with Over 15,000 Cases Addressed
The Ministry of Land Management, Urban Planning, and Construction has resolved 13,329 land dispute cases out of 15,642, achieving an 85.21% resolution rate. This information was shared on the ministry’s official Facebook page on 26 June 2024. The ministry’s efforts addressed various disputes, including land tenure issues, duplicate title applications, and state land title issuance […]
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Beijing Invests US$42bn to Revive Struggling Real Estate Sector, but Analysts Warn Insufficient
In a bold move to stabilise the struggling property market, the People’s Bank of China (PBOC) is establishing a nationwide program offering a staggering 300 billion yuan (US$41.5 billion) in loans, as reported by CNN, 17 May 2024. Industry experts estimate this initial injection could ultimately translate into 500 billion yuan (US$69 billion) worth of […]
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Cambodia Launches US$3.4m National Single Window System to Propel Economic Growth
In a strategic move to enhance trade efficiency and stimulate national economic growth, the Cambodian government has officially launched the National Single Window system, an investment exceeding US$3.4 million. Announced by Prime Minister Hun Manet on 7 May 2024, the innovative platform is designed to streamline the export and import processes, marking a significant leap […]
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Extended Savings: Expressway Company Announces 20% Discount Continuation for ETC & ANPR Users
In a generous move to support its users, the company responsible for managing the Phnom Penh-Sihanoukville Expressway has declared an extension of the 20% discount for a further six months exclusively for ETC and ANPR users, a decision that underscores the company’s commitment to fostering economic growth and promoting the transport sector in Cambodia. The […]
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Cambodia Launches 1 Million Trees Plant Initiative While Enforcing Forest Protection Laws
Cambodia has embarked on an ambitious reforestation drive, aiming to plant at least 1 million trees annually to significantly expand its forest cover by more than 60% by 2050, announced HE Eang Sophalleth, Minister of Environment, at the National Workshop on Investment in Climate Change Adaptation through Agro-Ecological Landscape Restoration on 22 April 2024. The […]
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Cambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia’s commitment to fostering a conducive environment for international investment. The […]
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Gov’t Unveils Ambitious Plan to Transform Villages into “Rural Borey”, Modern Rural Communities
Samdech Hun Manet PM of Cambodia revealed the Royal Government’s groundbreaking initiative to establish “rural boreys” aimed at elevating the living standards of provincial residents. The announcement came during the conclusion of the Ministry of Rural Development’s gathering on 20 March 2024. “Rural Borey entails the transformation of villages into well-equipped communities, complete with essential […]
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Australia Commits US$262 Million to Boost ASEAN Maritime and Development Initiatives
In a significant move to strengthen development and security in Southeast Asia, Australia has announced an infusion of an additional US$262.5 million into its programs in the region. This financial commitment was unveiled by Foreign Minister Penny Wong at the outset of the ASEAN-Australia Special Summit held in Melbourne on Monday, 4 March 2024, according […]
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Phnom Penh Set to Become Pinnacle Destination for Investors & Tourists with Ambitious Infrastructure Project
In a strategic move to elevate Phnom Penh to new heights of allure for both investors and tourists, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC), in collaboration with relevant ministries and institutions, is spearheading a groundbreaking infrastructure project. During the Inter-Ministerial Meeting on Infrastructure Management in Phnom Penh held on 13 February […]
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