Cambodia News
Fresh legislation easing restrictions on foreign ownership of property in Cambodia has led to rise in transactions which is helping the market, according to Sung Bonna, President of National Valuers Association of Cambodia (NVAC). Having undoubtedly had its appetite whet by the property success in nearby Thailand, Cambodia has introduced a new foreign ownership law […]
Continue ReadingThe Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]
Continue ReadingTen-year plan to recapture leadership Japan’s Hitachi Group will boost its local production capacity for elevators, escalators and moving sidewalks in a bid to meet growing demand both in Thailand and internationally. The long-term plan extending to 2020 is aimed at reclaiming Hitachi’s leadership position within the industry. Phornthep Phornprapha, chairman of the local joint […]
Continue ReadingThe Deputy Prime Minister of Cambodia, H.E. Tea Banh, presided over the grand opening ceremonies last week of the Sofitel Phnom Penh Phokeethra, the first five-star hotel debut in Phnom Penh since the 1990s. As a representative of Prime Minister Hun Sen, General Tea Banh noted that the hotel’s opening was bound to improve the […]
Continue ReadingSome 400 people from provinces along the Mekong River in the North and Northeast gathered yesterday in Nong Khai’s Si Chiang Mai district to voice their opposition against Laos’ proposed Xayaburi hydropower project, which they believe will have a negative impact on their lives. The protesters also signed a letter to Prime Minister Abhisit Vejjajiva, […]
Continue ReadingBinh Dinh has approved the Phuong Mai 1 wind power plant in Nhon Hoi with 12 wind turbines and a total capacity of 30MW. According to the plan, the wind farm will cover 142 hectares and will have 12 wind turbines and a total capacity of 30MW. The wind farm is scheduled to begin construction work in the […]
Continue ReadingTraditional Khmer music, Buddhist monks, Cambodia’s deputy prime minister and apsaras will help announce the grand opening of one of Southeast Asia’s most anticipated new hotels March 29 as the Sofitel Phnom Penh Phokeethra makes its debut. The hotel takes the stage in Phnom Penh as the first new five-star hotel to open in the […]
Continue ReadingA huge row is brewing in Laos, something that shouldn’t come as a surprise to anyone who has followed the merciless damming of the Mekong River over the past decade. Vientiane, with the support of Bangkok, has announced it will construct a $3.5 billion dam at Xayaburi in a 1,260 MW hydropower project to be […]
Continue ReadingCambodia sets age limit for foreign husbands PHNOM PENH, March 16, 2011 (AFP) – Male foreigners over the age of 50 have been outlawed from marrying Cambodian women in the country under new rules designed to crack down on sham marriages and human trafficking, the government said Wednesday. Foreigners who earn less than $2,550 per […]
Continue ReadingLoxley Plc, one of Thailand’s largest trading conglomerates, has expanded into the renewable energy business by investing in solar farm projects in Thailand and exploring opportunities in neighbouring countries. Piboon Piboontum, vice-president for financial management, said Loxley’s joint venture was building an 8.7-megawatt solar farm on 215 rai of land in Prachin Buri at a […]
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