ASEAN Real Estate Markets Navigate Headwinds as China’s Economy Falters
The USD 722 billion trade relationship between China and ASEAN faces unprecedented pressure as China’s property sector, which accounts for over 25% of its GDP and 70% of household wealth, shows serious signs of distress amid plummeting consumer confidence that reached near-record lows of 86 in July 2024, according to Evrimagaci.org on January 31, 2025. […]
Korean Firm Donates 8,000 Electric Motorbikes to Cambodian Government to Combat Emissions
In a significant move to address climate change, South Korean company VeryWords has pledged to donate 8,000 electric motorbikes to Cambodian government officials. This initiative aims to reduce greenhouse gas emissions in Cambodia and promote the use of environmentally friendly transportation. The announcement was made during a Memorandum of Understanding (MoU) signing ceremony held on […]
Phnom Penh Addresses Dilapidated Buildings
Phnom Penh currently has 21 dilapidated buildings across the Daun Penh, 7 Makara, Por Sen Chey, and Boeung Keng Kang districts. In a recent meeting, HE Minister Say Sam Al discussed urgent safety concerns with residents living in these structures. The Minister emphasized the importance of government-citizen collaboration to ensure safe housing or adequate compensation […]
Celebrate Love This February with Borey Peng Huoth’s Exclusive Month of Love Promotion!
Valentine’s Day is just around the corner, and at Borey Peng Huoth, love is in the air! This February, we are thrilled to introduce our Month of Love promotion, designed for those looking to invest in their dream home while enjoying fabulous rewards. Promotion Details From now until February 28, 2025, every customer who purchases […]
Progress Update on the Bassac River Bridge Project: 19% Completion Marked
The ambitious project to construct a bridge across the Bassac River has achieved a significant milestone, with 19% of the work now completed after 11 months of construction. The project, which connects Chak Angre Krom and Prek Pra, remains on schedule, with no delays reported, according to a Ministry of Public Works and Transport statement. […]
UK Firm Eyes Investment Opportunities in Cambodia
In a significant development for Cambodia’s investment landscape, UK-based Bridgemount Ltd. has announced plans to explore investment opportunities in key sectors within the Kingdom. The company officially met with the Council for the Development of Cambodia (CDC) on February 7, 2025, marking the start of what could be a fruitful partnership. During the meeting, Kalyan […]