A Famous French jewelry factory officially opened
Metal Jewelry Cambodia has officially launched its factory, which is dedicated to the production and assembly of metal and plastic jewelry. This well-known French brand received its investment permit in June 2023. The inauguration ceremony took place on November 9, 2024, and was presided over by HE Chea Vuthy, the Cambodian Investment Committee Secretary General. […]
Thailand’s USD 6.5 Billion EV Industry Set to Power Commercial Real Estate Growth
Thailand’s fast-growing electric vehicle (EV) industry is projected to generate a real estate market worth at least USD 6.5 billion by 2030, driven by government policies and strong foreign investments. As the country aims to solidify its position as Southeast Asia’s leading hub for EV manufacturing, this growth will fuel demand for specialised real estate […]
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 […]
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 […]
In 10 Months, Cambodia Earns Over USD 37 Million from Angkor, Koh Ker, and Boating Tickets
From January through September 2024, Cambodia generated USD 36,824,852 in ticket sales from Angkor, Koh Ker, and boat rides—a substantial revenue gain that reflects the country’s appeal to international visitors. This information was reported by the Angkor Institute on 1 October 2024. The data indicates that, during these ten months, 774,203 foreign tourists purchased tickets […]
Cambodian Gov’t Revitalises 165 Stalled Projects in Sihanoukville in Record 10 Months
The Cambodian government has tackled 165 previously stalled projects within just ten months, spurred by the Sihanoukville Investment Promotion Team’s special incentive programme, initiated by Prime Minister Hun Manet on 31 January 2024 and active through October 2024. According to an announcement on 24 October 2024 from the official task force’s Facebook page, the revitalised […]