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ខ្មែរ 
Gov’t Approves Four New Investment Projects Worth Over US$51 million
- 21 July 2021
The Council for the Development of Cambodia (CDC) has recently give permits to private firms to invest in building four factories, worth a total budget of approximately US$51.1 million in Kandal and Takeo provinces. The first investment permit has been granted to Hong Cen Max Leather Products Co., Ltd to invest US$2.6 million in building a factory producing all kinds of bags and belts in Bek Ch...
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Vietnam Mulls Establishing Six Logistics Centres in Province Along Cambodian Border
- 21 July 2021
Vietnam plans to establish six logistics centres in Long An province on the border to Cambodia, to meet transportation, export and import demand, according to the provincial department of industry and trade. The centres are also expected to help local firms improve their competitiveness, the department said. Through the centre establishment, Long An has also taken measures to develop a compe...
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Aeon Mall 1 Expansion Confirmed
- 20 July 2021
Aeon Mall 1 on Samdech Sothearos will expand its ground floor to host at least 30 more commercial stores, according to the firm’s press release. The expansion work will increase the ground floor space to 27,000 square metres area which will bring the ground floor space to a total of 162,000 square metres. With this new expansion, the ground floor will be able to host 30 more new commercial s...
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Thailand’s Property Developers Adopt Cryptocurrency
- 20 July 2021
Some property developers in Thailand have allowed buyers to use cryptocurrency to pay for their home purchases, reflecting Thailand’s real estate market’s moves toward the digital economy. The firms taking the lead in this project include AssetWise, SC Asset Cooperation Plc, and Sansiri Plc, according to the Bangkok Post in June. The project aims to boost residential sales as well as tapping...
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Boeng Prek Lapov in Takeo Province to be Listed as Ramsar Site
- 20 July 2021
The Ministry of Environment has prepared to list the wetlands of Prek Lapov Lake in Takeo province as a Ramsar site due to its natural benefits to both rare species of animals and local people. HE Neth Pheaktra, Secretary of State and spokesperson at the Ministry of Environment, said on 17 July that listing a wetland area as a Ramsar site requires a study and collection of the biodiversity and ...
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Family-Friendly Lennar Community on Florida’s Fantastic Gulf Coast
- 20 July 2021
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community of Touchstone in Tampa, Florida....
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What is Timeshare? – What Are The Differences Between Timeshare & Condotel?
- 20 July 2021
Timeshare investment is the division of ownership of a unit in a hotel or resort into smaller parts/shares so that investors can purchase shares at an affordable price. Shares are divided based on usage time, typically in one-week increments. Thus, with 52 weeks a year, the property will have a total of 52 shares. For instance, if you purchase two shares, you will have the right to stay or own ...
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Researchers Unveil New Study Using Plastic Waste Instead of Sand in Concrete
- 19 July 2021
Researchers have recently unveiled a new technology by using plastic waste as the substitute for sand in concrete mixing, which is more cost-effective and environmental-friendly, reported the BBC. Cambridge University lecturer Dr John Orr has found that plastic waste can be sorted, cleaned, shredded and crashed into a sand alternative for use in concrete. "We found that you can replace up to...
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New Ecotourism Development Project Proposed for Prey Nob District, Sihanoukville
- 19 July 2021
A private firm Eco Beach Development together with the Boeung Chum fishing community have proposed to invest in developing a new ecotourism project in Prey Nob district in Sihanoukville. The proposed project is located in Sre Cham Krom village, O'Chrov commune in Prey Nob district, according to the firm’s representation during their online meeting with the provincial administration this morning...
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Pandemic Dries Off US$3.6 bn in Investment Financing – Construction Sector FDI Inflow Drops by 10.6%
- 19 July 2021
The COVID-19 pandemic crisis has reduced over US$3.6 billion in investment financing in Cambodia, or equivalent to 19.8% of total cash flow for 2020. In the meantime, FDI inflow to the construction and real estate sectors also dropped significantly by 10.6%. According to a press release from the United Nations Development Program (UNDP) in Cambodia issued last week, the biggest financing source...
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URBANLAND Partners with banks for faster loan processing and better payment plans
- 19 July 2021
Award-winning local real estate developer Urbanland, a member of ISI GROUP, has signed a series of Memorandum of Understandings (MoU) with BRED Bank, CIMB Bank, and J Trust Royal Bank for their latest residential Borey project Chankiri Palm Creek. These partnerships will enable Borey Chankiri homebuyers to enjoy the benefits of faster home loan processing and approvals, and special payment sche...
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Ground Broken on New Road Connecting Three Communes in Kampong Cham Province
- 19 July 2021
The Kampong Cham provincial administration has officially broken ground on the new 27km DBST road connecting three main communes in Kang Meas district, Kampong Cham province. The road starts from Beong Trav village in Sour Kong commune, passing through Reay Pay commune, then ends at the Anlong Kokir Bridge in Preaek Koy commune, Kang Meas district. The project is expected to cost approximate...
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