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 stabilization measures in […]
Kampong Cham Achieves 99% Landmark Progress in Land Registration
Kampong Cham province is celebrating a significant milestone in its land registration efforts, with over 99% of the work now complete, accounting for more than 90,000 land parcels. This achievement was highlighted during a recent site inspection before a ceremonial event scheduled for December 9, 2024, where citizens will receive long-awaited land titles. His Excellency […]
Borey Peng Huoth Unveils Exciting New Project: The Star Platinum Eco Poli 2
Borey Peng Huoth, a leading name in Cambodia’s real estate sector, is thrilled to announce the official launch of its latest project, The Star Platinum Eco Poli 2, following a successful trial sale held from November 22-24. This marks the company’s 39th project since its inception in 2005, showcasing Borey Peng Huoth’s unwavering commitment to […]
Fifty Korean companies plan to invest in the priority sector in Cambodia
In a significant move to bolster economic ties, fifty Korean Industrial Confederation (KIAF) companies intend to invest in Cambodia’s priority sectors. This announcement comes after a recent meeting with Cambodian Prime Minister Hun Manet on December 13, 2024. Marn-Ki Jeong, chairman of KIAF, led the business delegation to explore opportunities in the Southeast Asian nation. […]
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 repurposing stalled […]
Cambodia’s Professional Organizations 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 His Excellency Heng Sour, Minister of Labour and Vocational Training, during the 76th anniversary celebration of International Human Rights Day on 08 December […]