Borey Peng Huoth Partners with Hong Leong Bank to Offer Unmatched Home Loan Solutions in Cambodia
Borey Peng Huoth, a prominent Cambodian real estate developer, has joined forces with Hong Leong Bank to launch a transformative home loan program. This partnership offers homebuyers interest rates starting at just 7% per annum, with loan terms extending up to 25 years. Customers can move into fully completed prefabricated homes within just one week, […]
NR 31 Rehabilitation Project Achieves Full Completion
The rehabilitation and upgrade of Cambodia’s NR 31, spanning 53 kilometres, has reached 100 percent completion, marking a major milestone in the nation’s infrastructure development. The project, connecting Bek Kous at the NR 3 intersection to Kampong Trach district town and linking with NR 33, was officially announced as completed on 28 November 2024. This […]
Cambodian Government Allocates USD 100 Million to Complete Land Registration Nationwide by 2029
The Cambodian government has earmarked USD 100 million to finalize nationwide land registration by 2029, underscoring its commitment to addressing longstanding land disputes. PM Samdech Hun Manet announced the initiative during the Ministry of Land Management, Urban Planning, and Construction’s annual review and planning ceremony on 26 November 2024. The comprehensive plan aims to train […]
Cambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders
The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November […]
PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy’s annual meeting summarising 2024 results in November. PM Hun Manet clarified that breweries focused […]
CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcIPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and at any time, enhancing efficiency, reducing processing times, and ensuring greater transparency and integrity […]