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ខ្មែរ 
Home improvement retail brands look to gain a foothold in Cambodia
- 22 May 2021
With the increasing disposable income, rising consumer spending, remodel and renovation of homes; the rapid rate of urbanization of Phnom Penh, and the increasing middle-class population, these major drivers are increasing the number of new and existing home sales and home improvement businesses in Cambodia. In addition, cost control, innovation in products, better logistics, and supply chain mana...
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171 Families Affected by New Phnom Penh Airport Development Receive New Homes
- 21 May 2021
A total of 171 families affected by the new Phnom Penh international airport development have officially received their new houses in a new location under an exchange agreement. Held on the morning of 21 May, the handover ceremony was presided over by Director General of the Housing Department at the MLMUPC HE Benghong Socheat Khemro, Cambodia Airport Investment Co Ltd Deputy Director Mr Charle...
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One High-Voltage Transmission Line & Two Substations Go Online in Mondulkiri
- 21 May 2021
A high voltage transmission line connecting Kratie and Mondulkiri provinces and two substations in Mondulkiri province have officially begun operation, according to Electricite du Cambodge (EDC) Director-General Keo Rattanak. HE Keo Rattanak told Fresh News that the transmission line is a 230 kV line with a length of 133 km. Meanwhile, the two substations include a 33MVA Okvav substation loc...
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Chinese Firm to Inject More Investment into Koh Kong’s Long Bay Resort
- 21 May 2021
Zheng Heng Group, the operator of the Long Bay Resort in Koh Kong province, has claimed to be injecting more investment into its resort to bring this gigantic tourism complex to a whole new level. The firm revealed the plan during a meeting with Koh Kong Governor HE Mithona Phouthorng on 21 May. According to Fresh News, Chairman of Zhengheng (Cambodia) Co., Ltd. Mr Deng Pibing said the Long ...
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Construction of Thailand’s New US$63 million Highway Connecting to Cambodian Border 70% Complete
- 21 May 2021
Construction of a new highway connecting Thailand’s Ban Nong Ian in Sa Kaeo province to the Cambodia-Thailand border town of Stung Bot in Banteay Meanchey province is now about 70% complete, according to the Bangkok Post yesterday. The four-lane road will be named Highway 3646 and has a total length of 25 kilometres, connecting with Highway 33 and Highway 3366 of Thailand before reaching the Ca...
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Experts Share 6 Key Adaption Strategies to Survive While Waiting for Property Market Recovery
- 21 May 2021
Local analysts are optimistic that the real estate market and the economy as a whole, could recover in early 2022 after the COVID-19 pandemic subsides. However, from now to early 2022 is quite a long time to survive especially for businesses that are highly affected by the pandemic. Besides, the beginning of 2022 is only a forecast recovery timeline, which will or will not happen as predicted. ...
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Experts: SHV’s Current Economic Slowdown Ending of First Growth cycle; Next Cycle Could be 5 times Higher
- 20 May 2021
Real estate experts have predicted that the current slowdown in investment activities in Sihanoukville is just the end of the first growth cycle, with yet more investment waves to come soon with at least five times the current investment value. Experts shared their forecasts during a forum to discuss the real estate market status, which was organised by Cambodian Valuers and Estate Agents Assoc...
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Singaporean Firm PropNex Enters Cambodia Property Market with Over 500 Sales Agents
- 20 May 2021
Singapore’s largest listed real estate agency PropNex has expanded its business into the Cambodian market with a headquarters in Phnom Penh and office branches in Siem Reap and Sihanoukville, according to the firm’s press release on 19 May. The expansion will add over 500 sale agents in Cambodia and bring up the total agents of the firm to over 12,000 regionally in Singapore, Indonesia, Malaysi...
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KRock Brings the First Khmer Tile Design to the International Stage
- 20 May 2021
Over the past seven years, leading Cambodian roof tile manufacturing firm KRock has been working non-stop to design, enhance, and modernise ordinary Khmer tiles into a standardised tile with intellectual property rights registered in over 10 countries. According to KRock Manufacturing Co., Ltd owner Oknha Ly Chhuong, the ultimate goal of his firm is to make Cambodians proud of Cambodian product...
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First 300,000 Barrels of Crude Oil Produced in Cambodia Ready to Export this Month
- 19 May 2021
KrisEnergy will make the shipment of the first 300,000 barrels of crude oil produced from the Apsara well offshore Cambodia to international markets within this month, according to the Director-General of Petroleum at the Ministry of Mines and Energy HE Cheap Sour. According to the DG, the total volume of the first shipment might vary from between 275,000 barrels to 300,000 barrels. “At this...
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Locals Receiving State Land in Koh Kong Must Apply for Permit Prior to Any Developments
- 19 May 2021
Citizens who claim to have obtained state land from protected zones in Koh Kong province must request for a permit before starting to clear the forest or develop any constructions on the land, according to a Botum Sakor District Administration announcement on 18 May. The announcement stated that the locations required for development permits include the land plots given to locals that were take...
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Vietnam Mulls Spending US$65 billion on Transport Infrastructure
- 19 May 2021
Vietnam's Ministry of Transport has recently announced plans to spend approximately US$65 billion to improve transport infrastructure nationwide. According to the 2030 master plan, the estimated budget will be used for projects such as the construction of 5,000 kilometres of expressways, a deepwater port in Hai Phong, high-speed rail routes running along major north-south arteries, and the comp...
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