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ខ្មែរ 
The study begins on the project to reopen Battambang airport
- 15 May 2020
A study to reopen Battambang airport has opened with a detailed overview of the feasibility, rehabilitation, and renovation potential and impact, but the exact cost of the study is yet to be confirmed. H.E. Governor of Battambang, Ngoun Rathanak, in a press conference on the “Progress and Continuing Direction of the Provincial Administration of Battambang” on the morning of 13 May 2020, said th...
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Cambodia real estate market sees slight slowdown in Q1 2020, expected to worsen in Q2: CBRE
- 15 May 2020
The real estate market in Cambodia was robust at the beginning of 2020. According to data from the Ministry of Land Management, Urban Planning and Construction, a total of 728 projects with an estimated value of US$2 billion were approved for the first two months of 2020. This number indicates a growth of 47% compared to the same period in 2019. However, everything changed when the unexpected outb...
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New Siem Reap-Angkor International Airport (AIAI) to finish as planned, despite aviation decline
- 14 May 2020
Construction of the new Siem Reap-Angkor International Airport (AIAI) is scheduled for completion in 2023, despite the slowdown in the aviation sector due to the outbreak of the COVID-19 pandemic which has affected the construction of some new airports, coagulating airfreight, and caused a massive decline in air travelers. The schedule for completion was announced during a courtesy and work pro...
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Singapore’s Changi airport to suspend operations on Terminal 4 from 16 May
- 13 May 2020
Singapore’s Changi airport will suspend operations for the second time from 16 May at Terminal 4 following the suspension of operations at Terminal 2 at the beginning of May. According to a Changi Airport press release on 12 May, Terminal 4 operations will be temporarily suspended from 16 May 2020 due to a sharp decline in flight movements because of the global COVID-19 pandemic. All flights...
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7-Eleven stores in Cambodia asked to stock 50% of locally sourced products
- 13 May 2020
Cambodia's ambassador to Thailand, H.E Ouk Sophorn, has requested CP ALL, the franchise holder of 7-Eleven stores in Cambodia, to use Cambodian staff and stock 50% of its products from Cambodia. The request was made by H.E Ambassador Ouk to Mr. Chhairoj Tiwatmunchareoun, Senior Vice President, CP ALL Plc. and Director of CP All Cambodia in discussions on the investment in 7-Eleven stores in Cam...
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5th PropertyGuru Cambodia Property Awards moves forward with rescheduled dates for 2020 season
- 12 May 2020
The biggest, brightest celebration of developers and developments in Cambodia to be staged in August • General public still encouraged to submit nominations until 22 May 2020, with a black-tie gala dinner to proceed on 7 August at the Sofitel Phnom Penh Phokeethra • Logo rights will be extended for Winners and Highly Commended nominees whilst existing entries will be judged as normal • Organi...
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Construction on Kampong Speu international standard stadium to begin in May
- 12 May 2020
Construction on an international standard stadium in Kampong Speu worth approximately US$2 million will begin next week as the project plan study has been recently completed according to H.E. Vy Samnang, Kampong Speu Administrator, in an interview with Construction & Property Magazine on 11 May 2020. “Before choosing a plan, we have to study other countries’ experiences as well. Our lawmake...
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Construction on Kampot International tourist port project behind schedule
- 11 May 2020
Construction on the first tourist international port project in Kampot is currently significantly behind schedule with only 30% complete given that the whole facility was set to open in April 2020. The delay is another impact of COVID-19 with the construction company requesting a temporary postponement according to Mr. Soy Sinol, Chief Department of Tourism of Kampot during a press conference on “...
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Hyatt Regency Phnom Penh completed around 97% and to be open in the next few months
- 11 May 2020
“As of this moment, we are almost finished with the construction component of the hotel. It is approximately 97%. The final fit-out is ongoing, interior works, décor and artwork, loose furniture, spa, and other similar areas,” according to Mr. Simon Dell, Senior Vice President of Hotels and Hospitality of Chip Mong, commenting on the construction progress of the Hyatt Regency Phnom Penh in an inte...
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Kampot major deep seaport plans progress
- 11 May 2020
The construction of a massive deep seaport project in Kampot province starts is progressing with the docking space and seaport entrance complete, according to Mr. Soy Sinol, Deputy of Kampot Tourism Department, at a press conference on “Progress and Continuing Direction of Kampot Provincial Administration” on 08 May 2020. “This port is invested in by him [a private investor]. For the progress o...
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7-Eleven franchise to open in Cambodia
- 9 May 2020
Since May, the opening of a 7-Eleven franchise in Cambodia has been a hot topic and subject to analysis by experts at the Thai stock market. "CP All, Cambodia has received a 7-Eleven business contract in Cambodia, which can be said to be a very positive thing for CP," said Three Thip Wongsaengphaibun Senior Director, Analysis Department of Kasikorn Securities. He also pointed out that the co...
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GMAC issues appeal letter requesting landlords to reduce rental fees by 30%
- 8 May 2020
The Garment Manufacturers Association in Cambodia (GMAC) issued a formal letter on 08 May 2020 appealing to landlords who lease premises for all garment, footwear, and travel bag industries in Cambodia to reduce their rental fees by at least 30% for 3-6 months given the severe impact of COVID-19 on the sector. In its appeal letter, GMAC stated that to date, 180 factories have suspended producti...
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