Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
Taiwan financial leasing firm Chailease Holding has acquired 60% of Royal Group’s Cellcard Finance PLC, Cambodia’s diversified business conglomerate, according to an article published by The Taipei Times on 17 September, 2018.
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Siemens and Bentley Systems strengthen their strategic alliance and joint investment initiatives
Photo: #YII2017 In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their joint business cooperation and commercial initiatives. Therefore, the joint innovation investment program will be increased from the initial €50 million funding […]
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Cambodia Signs 12 Mous With China Worth More Than Us$80 Million
The Ministry of Commerce (MoC) signed 12 memoranda of understanding (MoU) with China during the 15th China-ASEAN Expo on 13 August worth more than US$80 million. According to the MoC, the comprehensive agreements will cover cooperation in key areas including: 1) Business-to-Business 2) Human resource training for tour guides and engineering (high-speed railway, hydropower dams […]
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Cambodia’s Economy to Grow at 7.2% Driven by Strong Construction Activities
The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that Cambodia’s economy is to grow at 7.2% in 2018, supported by strong construction activities and other important sectors such as garment manufacturing and tourism-related services. The forecast came as a result of AMRO’s preliminary assessment following its Annual Consultation Visit to Cambodia on September 4 to […]
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Cambodian-made Roof Tile “KRock” Goes International
Photo by Krock With the increasing demand by the construction industry for high-quality roof tiles, leading Cambodian roof tile brand Khmer Rock (KRock) is expanding its supply chain into the Southeast Asian market. In an exclusive interview with Construction & Property Magazine, Mr. Bun Nara, Managing Director of KRock Manufacturing Co.,Ltd, said that the company […]
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China Dominant in Cambodia Property and Tourist Sector
A new report by Business Times shows that China is driving Cambodia’s property and tourism sector with massive investment expected to continue flowing into the country.
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Ministry of Land Management Creates New Call Centers for People
In order to provide efficient public services, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has launched three call lines making it easier for people to contact the ministry.
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Mondulkiri Province Ground Breaks on Construction of Independence Monument
Sample photo by Ethan Crowley To promote tourism in the province, Mondulkiri Municipality broke ground on 9 August ground on construction of an Independence Monument located in Sen Monorom Park (on the land of the former airport) in Sen Monorom City. The ceremony was presided over by Mondulkiri Provincial Governor H.E Svay Sam Eang, with […]
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Cambodia Inks Deal With China on New Container Port in Kampot
Sample photo by Lars Plougmann Cambodia based Kampot Port Co., Ltd. and China state-owned company CRCC Harbor& Channel Engineering Bureau Group Co., Ltd. have signed a contract agreement on the construction of a container port and the construction of a 14-metre pumping station in Teuk Chhou district Kampot Province, according to the Kampot Administration Department. […]
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Environment-friendly Midtown Community Mall Set to Open in December
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom.
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Japan Uses Its Latest Technology for Chroy Chongvar Bridge’s Rehabilitation
The Japan International Cooperation Agency (JICA) released a one-minute long video showcasing Japan’s latest technology used for the rehabilitation of the ChroyChongva Bridge or the Cambodia-Japan Friendship Bridge.
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Bmam Expo Asia 2018 Opening in September
The BMAM Expo Asia 2018 international exhibition and conference on building maintenance and facilities management will be held from 12 to 14 September 2018 in Hall 5-6 at the IMPACT Exhibition and Convention Center, Bangkok, Thailand. This huge expo will feature all the latest technologies and innovations for facilities management. The three-day event is hosted […]
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