Is Cambodia retailing industry ready for the change in technology?
Retail suppliers will face a challenge of competitiveness with the innovation of technology. According to CBRE Cambodia, these smart inventions consist of self-checkout counter machines, real time product information and offers via smartphones, guiding customers in-store through location tracking, paying via mobile applications and cameras which have the ability to analyse customer behaviour. Currently, there […]
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Aluminium China and Lightweight Asia 2019 successfully concluded
ALUMINIUM CHINA 2019, held on 10-12 July 2019 in SNIEC together with Lightweight Asia 2019, ended successfully attracting 25,285 professional industry visitors and buyers from across 87 countries. The event showcased leading auto-aluminium brands committed to reducing the weight of next-generation Electrical Vehicles (EVs). As ‘mileage concern’ still puts off many potential consumers, reducing the […]
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CCA participates in Conmart-Expo in China to promote Cambodia’s construction industry
The Cambodia Constructors Associations (CCA) has participated in the Conmart-Expo in Guangzhou, China to promote Cambodia’s construction industry to exhibition visitors and potential trade partners. Conmart-Expo 2019, which was held on 01-03 August 2019 at the Guangzhou Pazhou International Convention and Exhibition Centre, focused on international trade, e-commerce, financial leasing, auction, repair & maintenance, remanufacturing […]
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More underground parking lots needed in Phnom Penh amid rapid growth in vehicles
More underground parking lots are needed in Phnom Penh amid rapid urban development and the rise in number of vehicles in the city, said Prime Minister Samdech Techo Hun Sen. Addressing Cambodia’s rapid development during a meeting with Cambodians residing in Switzerland in July, Samdech Techo Hun Sen said that Phnom Penh is currently facing […]
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Conglomerate Chip Mong acquires Grand Phnom Penh International City
One of Cambodia’s leading conglomerates Chip Mong Group has acquired the Grand Phnom Penh International City which is believed to be one of the largest property development projects in Phnom Penh. Grand Phnom Penh International City is a huge development project spanning across 260 hectares of land in Kmounh commune of Sen Sok district featuring […]
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Government approves US$22 million for Special Economic Zone projects
The Council for the Development of Cambodia (CDC) announced on its Facebook page on 16 October of its approval of several projects, including four projects related to the construction industry, with investment capital worth more than US$22 million and creating 1958 jobs in the Sihanoukville Special Economic Zone (SEZ). One project is a furniture factory […]
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Construction boom causes competition in home loan interest rates
Recent figures from Ministry of Land Management Urban Planning and Construction indicate that the number of house construction projects has increased from 3,052 worth US$6.4 billion in 2017 to 43,136 worth more than $43,3 billion in 2018. As a result, the competitiveness of home loan interest rates has begun to attract more customers while most […]
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US$6.4 billion invested into construction sector
The construction sector in Cambodia continues to grow according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC) which shows an increase in investment of more than 34% year-on-year to more than US$6 billion. The recently released data reveals that between January -September this year, the ministry approved 3,433 construction […]
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Belt and Road Initiative book to enhance China – Cambodia friendship
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia’s Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. […]
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PM Hun Sen commits to transforming Sihanoukville into the most important SEZ
Cambodia’s Prime Minister Samdech Techo Hun Sen has vowed to transform Sihanoukville into Cambodia’s most important Special Economic Zone (SEZ) which requires the government to develop critical infrastructure. The commitment was made during a meeting between Samdech Techo Hun Sen and Mr Li Yong, Director General of the United Nations Industrial Development Organization (UNIDO) held […]
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Yang Ming first shipping company to launch direct route from China to Vietnam and Cambodia
Yang Ming Marine Transportation Corporation, a Taiwanese ocean shipping company announced in a press release saying that it will soon have a shipping route service directly from China to Vietnam and Cambodia, called the CVK service. “In light of the strong cargo volumes in the area of China, Vietnam, and Cambodia, Yang Ming is pleased […]
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Ban on online gambling shrinks real estate activities in Sihanouvkille, but opportunity arises
The recent ban by the Cambodian government on online gambling has caused many Chinese nationals to leave the busy city of Sihanoukville with real estate activities affected as a result. However, experts remain optimistic that this change will create new opportunity for the industry. Speaking at the real estate market review held on 11 October, […]
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