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ខ្មែរ 
Expert: Dual-Pronged Strategy to Navigate Post-Pandemic Challenges in the ASEAN+3 Property Market
The ASEAN+3 property markets, encompassing ASEAN nations along with China, Hong Kong, Japan, and Korea, are grappling with declining prices and transaction volumes, compounded by financial constraints, surplus inventory, and at-risk developers. These challenges, exacerbated in the Plus-3 economies by stricter financial conditions and diminished buyer confidence, underscore the pressing need for st...
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Kampong Cham Reaches 99% Completion in Landmark Land Registration Efforts
Kampong Cham province has achieved a monumental milestone in land registration, completing over 99% of the targeted work encompassing more than 90,000 land parcels. This progress was celebrated during a recent site inspection ahead of a ceremonial event on 9 December 2024, where residents will finally receive their long-awaited land titles, marking a transformative moment for many families. HE ...
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Borey Peng Huoth Launches The Star Platinum Eco Poli 2 with Modern Homes and Exclusive Offers
Borey Peng Huoth, a leader in Cambodia’s real estate market, has officially launched its latest development, The Star Platinum Eco Poli 2, on 13 December 2024, following a successful trial sale from 22 to 24 November. The project, spanning nearly 40 hectares in the Chbar Ampov district, will feature approximately 500 contemporary homes. It is strategically located between the Grand Star Platinu...
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50 Korean Companies to Invest in Cambodia’s Priority Sectors, Boosting Bilateral Economic Ties
In a landmark development for Cambodia’s economic landscape, fifty Korean Industrial Confederation (KIAF) companies have expressed their intention to invest in the country’s priority sectors. This announcement followed a high-level meeting between Cambodian PM Hun Manet and KIAF chairman Marn-Ki Jeong, held on 13 December 2024. The visit was part of a broader initiative to explore strategic inv...
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Government Revives Stalled Projects in Sihanoukville
The Cambodian government is taking significant steps to revive 42 stalled projects in Sihanoukville province, totaling an investment capital of $564 million. This initiative is part of the ongoing effort to revitalize the coastal region and encourage the resumption of major developments. During the 13th meeting on the "Special Program to Promote Investment in Sihanoukville Province 2024," held ...
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Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects
Sihanoukville’s economic transformation is gaining momentum, with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposin...
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Cambodia’s Professional Organisations Surge to 6,491 Amid Growing Civic Engagement
The Ministry of Labour and Vocational Training has reported a sharp rise in professional organizations across Cambodia, with a total of 6,491 registered as of November 2024. This milestone was highlighted by HE Heng Sour, Minister of Labour and Vocational Training, during the 76th anniversary celebration of International Human Rights Day on 08 December 2024. The event, attended by over 2,000 pa...
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In Nine Months, Cambodia Secures Over USD 1 Billion in Credit Agreements to Drive National Development
Cambodia’s government signed new credit agreements totaling USD 1.07 billion in the first nine months of 2024, representing a 7% increase compared to last year. These funds support key development priorities, including infrastructure and economic productivity. This progress was detailed in a Ministry of Economy and Finance report released on 10 December 2024. In the third quarter alone, the ...
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Cambodia to Establish 230 Model Villages by 2028 as Part of Rural Development Strategy
The Ministry of Rural Development has unveiled a visionary plan to develop 230 model villages throughout Cambodia by the end of 2028, an initiative to transform rural communities through sustainable and inclusive growth. The announcement was made on 10 December 2024 during a certificate-awarding ceremony recognizing 30 exemplary villages for meeting high development standards. HE Chhay Riths...
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Bentley Systems: Open Data Ecosystems to Advance Infrastructure Engineering
At its Year in Infrastructure conference, Bentley highlights the value of open data ecosystems to improve infrastructure resilience and sustainability VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, unveiled its vision for open data ecosystems to advance infrastructure engineering at its ann...
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Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation
The construction of twin flyovers along Phnom Penh’s 60-metre boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, marking six months since the project's i...
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Borey Peng Huoth Launches Eco Poly 2 Project with Exclusive Promotions & Profitable Investment Opportunities
Borey Peng Huoth, a leading company in Cambodia’s residential development, has officially unveiled its latest project, Eco Poly 2, showcasing an exceptional opportunity for aspiring homeowners and property investors. The grand opening event, featuring exclusive promotional offers and access to magnificent model homes, took place from 13 to 15 December 2024 at the Villa King Grand model house, loca...
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