Cambodia Maintains the World’s Highest Central Bank Interest Rates, Defying Global Trends
In the third quarter of 2024, Cambodia continues to lead global markets, with central bank interest rates soaring between 10% and 12%, starkly contrasting with the 0% to 6% range maintained by most major economies. This divergence, detailed in a report by CBRE Cambodia published on 17 October 2024, spans from December 2021 to December […]
Borey Peng Huoth Introduces Special Water Festival Instalment Offer with 9% Interest on 19-Year Terms
Borey Peng Huoth announces an attractive new opportunity for buyers this Water Festival season, offering a 9% annual interest rate on direct instalment payments for up to 19 years, without requiring an income verification. The promotion, available across all Borey Peng Huoth projects, also includes a range of exclusive vouchers for new homeowners—underscoring Borey Peng […]
Cambodia’s Major Steps in Wastewater Management as 122 Factories Commit to Automated Liquid Waste Control
A total of 122 Cambodian factories and enterprises have agreed to install automated monitoring systems for liquid waste control, aligning with national environmental regulations. As of October 2024, five factories have fully installed and activated these self-monitoring systems, while 10 others are currently under contract for installation, according to an announcement by the Ministry of […]
ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]
ADB Invests USD 80 Million in Climate-Resilient Schools to Transform Cambodian Education
To strengthen Cambodia’s secondary education sector, the Asian Development Bank (ADB) has approved a USD 80 million loan dedicated to constructing climate-resilient school buildings and expanding educational resources across the nation. This update was confirmed in a press release from the Angkor Institute on 31 October 2024. This initiative aims to address Cambodia’s low high […]
Cambodia Launches 250 km Border Ring Road with Nearly USD 27 Million in People-Driven Funding
Cambodia has commenced construction on a 250-kilometre border ring road funded by the Foundation for Border Infrastructure Development (FBID), backed by nearly USD 27 million in donations. Officially launched on 1 November 2024, this crucial infrastructure project is expected to be completed by April 2027, according to HE Kim Bunthan, Chairman of the FBID, at […]