Phnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors.
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Construction Industry Expo Mbam Onebuild 2018 to Be Held in Malaysia
The MBAM OneBuild 2018 Exhibition, Malaysia’s biggest construction and infrastructure industry expo will be take place on 13 -15 November 2018. Hosted at the Kuala Lumpur Convention Center (KLCC) Malaysia, the three-day exhibition is the ideal platform for construction and infrastructure industry players to foster new relationships, exchange ideas, learn about the latest innovations as well as showcase their products and services.
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First Luxury Hotel From Japan Opens in the Kingdom
A Japanese firm has recently opened its first luxury hotel in Cambodia. In the first week of November, Starts Corporation (Starts Corporation), a subsidiary of Starts Corporation Inc. (Japan) opened it’s first-ever hotel project.
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Tax on Real Estate of Cambodia
Cambodia has seen tremendous growth in the real estate sector, both in residential and commercial developments.
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Korea Agrees to Provide Additional Loans for the Construction of National Road No.2
The Korean government has agreed to provide additional loans for the construction and rehabilitation of National Road No. 2, according to reports by local media. On 08 November, 2018, H.E Sun Chanthol, Senior Minister, Minister of the Ministry of Public Works and Transport told FRESH NEWS that Korea has decided to provide additional loans to the US$13 million loan that was provided by Korea four years ago for the National Road No. 2 project.
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Sihanoukville Seeing an Influx of Five-star Hotel Investment
While Sihanoukville is experiencing room shortages, investment in five-star hotel projects is rapidly rising, bringing thousands of rooms for this tourism city.
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France Agrees to Help Cambodia Turn Phnom Penh Into a Modern City
The French Republic has agreed to help Cambodia to develop Phnom Penh into a modern city, according to a Facebook post on the Phnom Penh City Hall’s account. According to Phnom Penh City Hall, on 05 November,2018, top officials from Paris agreed to assist Cambodia on various development projects in Phnom Penh, as requested by Cambodia.
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World Bank: Dealing With Construction Permits in Cambodia for 2019 Improved
Cambodia has improved its work on the ‘dealing with construction permits’ for 2019, according to the World Bank's Doing Business Report 2019. On 31 October, 2018, the World Bank published its report on doing business across 190 countries in which Cambodia has achieved reforms on the dealing with construction permits where the score has improved compared to 2018.
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Malaysia, Singapore Agree to Delay High-speed Rail Link
The governments of Malaysia and Singapore have agreed to defer the planned US$27bn high speed rail link between the countries’ capitals. The “amicable agreement” reached without Malaysia needing to pay compensation comes after recently-elected Malaysian PM Mahathir unilaterally cancelled major infrastructure projects agreed to by his predecessor, including those planned by the Chinese-government citing its inability to pay.
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Year in Infrastructure 2018 Marks Another Milestone for Bentley With Numbers of New Products Introduced
The Year In Infrastructure conference, a global gathering of leading executives focused on best practices and technologies for going digital successfully ended with an exciting announcement of new innovative products being available. Organised by Bentley Systems, a world leading infrastructure software development company, the conference which serves as a leading forum for addressing the current priorities and opportunities that impact the infrastructure industry brought together many industries thought leaders, as well as press media from across the globe.
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Multi-million Community Mall to Showcase in Boeung Keng Kang Area
New community mall worth nearly US$10 million to showcase in Boeung Keng Kang area very soon called Noro Mall.
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European Paint is Capturing Cambodian Market With Launch of New Product
European's exterior paint has captured Cambodian market while delivering new product with 2X better performance. Global leading paint manufacturer, JOTUN, recently has revealed its market potential, especially in Cambodia, thanks to the support from its customers
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