Seoul’s Thriving Office Market Boasts Over 98% Occupancy Amidst Dwindling Demand Elsewhere

In a world where office spaces face a downturn, Seoul’s office market stands as a beacon of success, boasting an impressive occupancy rate of over 98% for grade-A offices, coupled with a remarkable 15% surge in rents compared to the previous year.  This is according to a Bloomberg study published on 15 November 2023. The […]

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Takeo Provincial High School Breaks Ground on Cutting-edge Technology Centre Construction

The groundbreaking ceremony for the construction of Community Technology Centres (CTCs) at public high schools in Takeo province took place on 10 November 2023. HE Excellency Chea Vandeth, Minister of Posts and Telecommunications (MPT), presided over the ceremony, marking a pivotal step in bolstering digital education and literacy. The primary objective of the Community Technology […]

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CCA & Ministry of Labour Join Forces to Empower Cambodian Workforce in the Construction Sector

In a landmark move aimed at fostering skill development and enhancing employment opportunities, the Cambodian Constructors Association (CCA) and the Ministry of Labour and Vocational Training inked a Memorandum of Understanding on cooperation in internships and technical training. The signing ceremony, held on 11 November 2023 at the Koh Pich Exhibition and Convention Centre, marked […]

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CBRE Cambodia Sheds Light on the Office of the Future: Where Work, Lifestyle & ESG Converge

CBRE Cambodia, a leading player in the real estate arena, recently orchestrated an exclusive event christened “Unveiling the Office of the 21st Century: Shaping the Future of Work, Lifestyle, and ESG” at ATOM in Phnom Penh on 2 November 2023. This event had an overarching mission—to spotlight the rapidly transforming landscape of contemporary workplaces, with […]

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Cambodian Gov’t Explores Opportunity to Open for Foreign Ownerships in Landed Property (Borey)

The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Cambodian Housing Developers Association, convened a high-stakes meeting to deliberate the legal framework surrounding the potential expansion of property ownership rights for foreigners in Borey projects. Chaired by HE Deputy Prime Minister Say Sam Al and Ohkna Ly Hour, President of the […]

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Gov’t Greenlights Cutting-Edge Data Centre in Heart of Phnom Penh

The future of digital innovation in Cambodia has taken a resounding step forward with the approval of a groundbreaking project: the establishment of a cutting-edge data centre in the heart of Phnom Penh. The decision comes from the Council for the Development of Cambodia (CDC) and promises to usher in a new era of technological […]

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Japanese Investors Forge Path to Develop Construction Technical Training School in Cambodia

Japanese investors have unveiled ambitious plans to establish a state-of-the-art construction technical training school in Cambodia, marking a significant stride in the realm of skill development and bilateral cooperation. This exciting revelation came to light during a high-level meeting held on 4 October, where former Japanese Minister of Justice, Iwaki Mitsuhide, along with representatives from […]

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MoE Initiates Water Purifier Installations in Communities & Schools to Combat Plastic Waste

In an effort to combat the pervasive issue of plastic waste, Cambodia’s Ministry of Environment is embarking on an ambitious plan to install water purifiers in communities and schools across the nation. This eco-conscious initiative was announced by HE Eang Sophalleth, Minister of Environment, during a pivotal meeting on 22 September 2023, with Ms. Meloney […]

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Gov’t Reaffirms Stand to Protect Cultural Heritage Over Pagoda Construction at Wat Phum Man Pha, Thailand

The Ministry of Culture and Fine Arts, Cambodia, has once again reaffirmed its unwavering commitment to preserving Cambodia’s rich cultural heritage by closely monitoring the construction of a pagoda at Wat Phum Man Pha, Borei Rom province in Thailand. The pagoda’s design closely mirrors the iconic Khmer Angkor Wat, a cause for concern among many […]

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Cambodia & 12 Nations Unite to Combat GHG Emissions Through Sustainable Waste Management

Cambodia, alongside a consortium of 12 nations, is embarking on a collaborative mission to tackle greenhouse gas emissions by implementing the principles of the 4Rs (Reducing, Reusing, Recycling, and Recovering) in solid waste management. This pioneering effort was unveiled at the “Strengthening the Implementation of Solid Waste Management and the Path to the Circular Economy” […]

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