Economy and Finance
As of 2024, Phnom Penh has 1877 high-rise buildings with 5 floors or more
As of 2024, Phnom Penh has a total of 453 apartment buildings and 1,877 high-rise buildings with five or more floors. This information was presented by His Excellency Keut Chhe, Deputy Governor of Phnom Penh, on February 1, 2023. Phnom Penh, the largest capital city of Cambodia, is currently experiencing rapid urbanization and industrial growth. […]
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Southeast Asian Real Estate Markets Poised for Unprecedented Growth
Southeast Asia’s real estate landscape is experiencing a transformative shift, with premium properties in Singapore’s city center commanding USD 20,000 per square meter while emerging markets like Cambodia offer entry points as low as USD 1,000 per square meter. This comprehensive market analysis draws from extensive regional property data and market forecasts across five key […]
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Amidst Global Uncertainty, Thailand’s Condominium Market Sees Record Foreign Investment Surge
Foreign investors injected USD 538.5 million into Thai condominium acquisitions with 3,756 units transferred to international buyers marking an 11.6% year-on-year increase, according to a comprehensive report released by the Real Estate Information Center (REIC) on 9 January 2025. The investment landscape reveals clear preferences among international buyers, with properties priced below USD 87,000 (3 […]
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Nippon Koei & Inoue Calcium Target Cambodian Cashew Processing Industry
Two foreign companies, Nippon Koei Business Partners Co., Ltd. and Inoue Calcium Corporation, are set to make significant investments in Cambodia’s growing cashew processing sector. They aim to enhance the quality of cashew nuts for export, particularly to Japan. On 30 January 2025, two important meetings took place that could impact the future of Cambodia’s […]
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Cambodia’s Real Estate Market Faces Mixed Signals Amid Regional Benchmarks
Cambodia’s commercial real estate market reveals significant challenges with office occupancy rates at 65.1%, well below the international benchmark of 85-90%, while maintaining premium rents at $27 per square meter, according to the “Fearless Forecast” report presented by CBRE Cambodia Chairman Marc Townsend at Novotel Phnom Penh BKK1 on 14 January 2025. The retail sector […]
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Vietnam’s USD 67 Billion High-Speed Rail Project Charts Independent Path, Shunning Foreign Investment
In a ground-breaking move that signals Vietnam’s growing economic confidence, the Vietnamese National Assembly has approved an ambitious USD 67 billion high-speed rail network connecting Hanoi to Ho Chi Minh City, with the revolutionary decision to fund the megaproject primarily through domestic sources rather than traditional foreign investment, according to an announcement from the National […]
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Sihanoukville Autonomous Port Sees Striking Growth in 2024 Revenues
In a year of remarkable achievements, the Sihanoukville Autonomous Port has emerged as a standout performer in Cambodia’s logistics sector, with projected earnings exceeding USD 110 million in 2024. According to a recent report from the Ministry of Public Works and Transport, this impressive financial leap marks a growth of over 24% compared to last […]
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Cambodia to Establish Private Business Centres in the UK & India to Attract Investors
Cambodia is set to establish private trade centres in London and New Delhi to promote Cambodian products in international markets and draw foreign investors. This initiative was discussed during a meeting on 20 January 2025, between Lok Chumteav Chamnimol, Minister of Commerce, Tycoon Lim Bunsour, CEO of AZ Group, and Mr. Jas Sohl, Director of […]
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Cambodia Poised for Economic Windfall as U.S. Trade Policy Shifts from Vietnam
Cambodia stands to emerge as a major beneficiary of potential U.S. trade policy shifts, with experts predicting significant manufacturing opportunities if Donald Trump returns to office, particularly as Vietnam faces possible trade tariffs similar to those previously imposed on China, according to 2025 Fearless Forecast shared at a Real Estate Forum in Novotel Phnom Penh […]
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Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
In a landmark event on 17 January 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]
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