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ខ្មែរ 
Business and Market
Blyncsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement Nationally
Blyncsy empowers state DOTs with the ability to monitor and compare—in near real-time—the status of any major highway in the continental U.S. with their existing data for more informed decision-making. PHILADELPHIA — 2024 AASHTO Annual Meeting & Expo — October 29, 2024 — Blyncsy, a Bentley Systems Inc. (Nasdaq: BSY) company, today announced it published a comprehensive public map of all int...
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Phnom Penh-SHV Expressway to Implement Full Toll Rates from 1 November
The Phnom Penh-Sihanoukville Expressway Company has confirmed it will transition to full toll rates beginning 1 November 2024, concluding a 20% discount period ending at 00:00 on 31 October. This was detailed in the company’s official announcement dated 31 October 2024. To support smoother travel, the expressway company will offer Electronic Toll Collection (ETC) devices at no extra charge, acc...
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Bentley Systems’ New Carbon Analysis Capabilities Help Reduce Infrastructure’s Carbon Footprint
Bentley makes carbon impact analysis a systematic part of the design process for new and existing infrastructure assets and simplifies embodied carbon reporting with added 3D visualisations. VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the general availability of new Carbo...
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Indonesia Sets Sights on Becoming Southeast Asia’s Leading Electric Vehicle & Battery Hub
Indonesia has declared its ambition to become the largest electric vehicle (EV) and EV battery hub in Southeast Asia, a move highlighted by the opening of the region’s first EV battery manufacturing facility last July, according to vietnamplus on 28 October 2024. This pioneering plant, a USD 1.1 billion joint venture between Hyundai Motor and LG Energy Solution from the Republic of Korea, is st...
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Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totaling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut came as part of a strategic approach to economic planning. It was endorsed during a cabinet meeting chaired by PM Samdech Hun Manet on 25 October 2024, according to an officia...
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CBRE: Cambodian Real Estate Faces Divergent Trends Amid 2024 Economic Growth
Cambodia's real estate market in the final quarter of 2024 reveals diverse trends, marked by an estimated 5.8% GDP growth rate and 4.3 million international tourist arrivals in the first eight months, yet a decline in construction investment approvals to just USD 2.19 billion, involving fewer than 3,000 projects. The latest report by CBRE Research, based on data from the World Bank, Asian Developm...
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PwC Slapped with Record USD 62.2m Fine and Six-Month Ban Over Evergrande Audit Failures
PwC Zhong Tian, the China arm of the global accounting giant, has been fined a record USD 62.2 million and banned from auditing for six months for its failure to identify financial misstatements in China Evergrande Group’s accounts between 2018 and 2020. The penalties, the most severe imposed on an audit firm in China, are part of Beijing’s broader crackdown on financial mismanagement and efforts ...
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While China Controls Most of the Real Estate Market, Japan Continues to Dominate ASEAN’s Major Economies
Though growing rapidly, Chinese foreign direct investment (FDI) in Southeast Asia focuses more on tertiary industries like finance, construction, and real estate. It is particularly prominent in less-developed economies such as Cambodia, Laos, and Myanmar. According to a recent study by Guanie Lim and Chengwei Xu, China's FDI in these sectors may complement, rather than challenge, the economic dom...
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VSIP Reports 146% Surge in H1 Profits Amid Expanding Industrial Park Portfolio
Vietnam-Singapore Industrial Park J.V. Co., Ltd (VSIP), Vietnam’s leading industrial park developer, reported a significant 146% increase in net profit, reaching USD 43.84 million in the first half of this year, driven by robust growth in its industrial park operations. This performance boosted the company’s return on equity (ROE) to 6.61%, up from 3.13% in the same period last year, according to ...
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Private Sector Prioritises Three Key Measures to Boost Cambodia’s Automotive & Electronics Industry
Cambodia's private sector has identified three pivotal measures from a list of 20 priorities to drive the development of the nation's automotive and electronics industry. This decision emerged from the second meeting of the Advisory Council for the Development of the Automotive and Electronics Sector, organized by the Council for the Development of Cambodia (CDC) on 10 October 2024, with over 1...
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