A consortium consisting of the State Capital Investment Corporation (SCIC), Hanoi-based Geleximco Group, and Ho Chi Minh City-based International Transportation and Trading JSC (ITC) said that it wants to upgrade Cai Mep Ha port in Phu My Town, the Ministry…
Developers and the hospitality sector continue to build luxury properties in both resorts to satisfy the growing demand from foreign visitorsAll roads are leading to Phuket and Pattaya for the real estate sector these days driven by the purchasing power…
By Kong Sorya Sihanoukville: Deputy Governor of Sihanoukville, Mr. Long Dimanche, and three provincial delegates attend the 44th General Assembly of the Association Internationale des Maires Francophones (AIMF) in Lausanne, Switzerland. At this annual General Assembly, Sihanoukville Province unanimously agreed…
TOKYO — Cross-border QR code payments made through Cambodia’s Bakong digital financial system are set to boost the use of the Southeast Asian nation’s riel currency, the governor of its central bank told Nikkei Asia on Friday. Over 80% of…
KUALA LUMPUR: The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following the MADANI Government’s integrated action to promote inflows into the foreign exchange (forex) market over the past three…
The US government just spent over half a trillion dollars in interest payments on its national debt in a mere seven months. The Committee for a Responsible Federal Budget (CRFB) reports that net spending on interest reached $514 billion in…
THE Asian Infrastructure Investment Bank (AIIB) has approved a $1.14-billion loan to finance the construction of the Bataan-Cavite Interlink Bridge. “The approval of the AIIB loan for the Bataan-Cavite Interlink Bridge project signifies a significant step towards realizing our vision…
Hong Kong and Singapore face extensive retail leakage, with residents in Asia’s top financial hubs preferring to shop and dine across their borders – Shenzhen for Hongkongers and Johor Bahru for Singaporeans – where they get more bang for their…
PRIVATE homes in Singapore continued to be the most expensive to own in the Asia-Pacific, outpacing Hong Kong and Sydney, based on data from the Urban Land Institute (ULI) released on Tuesday (May 21). The median price of Singapore’s private-sector…
The U.S. is witnessing an explosion of interest in high-speed railways, and superfast lines are taking shape in several parts of the country, but America is playing catch-up with many countries, especially China. In April, construction began on America’s first…