Cambodian Real Estate Sector Maintains Stability Amidst Tensions in Q1 2024
The first quarter of 2024 has seen the Cambodian real estate sector maintaining a stable trajectory, with no significant shifts in tension but also no substantial new growth. According to the latest Market Insights Q1 2024 report by CBRE Research, published on April 11, 2024, the office building sector recorded an occupancy rate of 62.2%, […]
Cambodia urges to plant 1M seedlings per year and tightens the law on forest crime to be very strict to expand …
The Ministry of Environment has vowed to immediately stop deforestation as Cambodia promotes the planting of at least 1 million trees a year to expand its forest cover by more than 60% by 2050. This was stated by HE Eang Sophalleth, Minister of Environment at the National Workshop on Investment in Climate Change Adaptation through […]
Royal Group Cambodia plans to launch high-speed train in Cambodia in June
Royal Railway Cambodia has ordered five trains from Japan, which are scheduled to launch high-speed trains from Phnom Penh-Sihanoukville and Phnom Penh-Poipet in June 2024. This is according to the publication of Apsara TV on April 22, 2024. According to the source, the train will run at a speed of between 90 and 110 km […]
Fostering Ties: Cambodia and China Ink Agreements to Boost Key Sectors
Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official sojourn of HE Wang Yi, the esteemed Minister of Foreign Affairs of the People’s Republic of China, […]
A Closer Look at Siem Reap’s Eight Protected Areas Covering Over About 280k hectares
In an ambitious move towards environmental conservation, Siem Reap province has officially declared eight natural reserves, spanning approximately 280,000 hectares, under stringent state protection. This significant development, disclosed by the Ministry of Information on 18 April 2024, underscores Cambodia’s dedication to preserving its natural heritage. These sanctuaries, meticulously managed and safeguarded against private encroachments, serve […]
Cambodia Mobilizes to Tackle Water Crisis Ahead of Delayed Rainy Season
As the dry season prolongs its grip on Cambodia, the Ministry of Rural Development has unveiled a comprehensive strategy to mitigate the impact of severe droughts and water shortages plaguing the nation. This initiative, detailed in the “Guidelines on Measures and Interventions on Water and Drinking Water Shortages Due to Climate Change,” published on 21 […]