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 to announce the launch of the CVK service with effect from 2...
Read MoreBan 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, Mr James Hodge, Director of CBRE Cambodia said that...
Read MoreNew stadium planned for Kampong Speu ahead of 2023 SEA Games
A new stadium has been planned for Kampong Speu province which will serve for the upcoming 32nd SEA Games in 2023, according to the provincial governor. Kampong Speu Provincial Governor H.E Vei Samnang told Construction & Property Magazine on 09 October that, Kampong Speu is to have a stadium that will stretch over 4 hectares of land while work has already begun. “We are currently making...
Read MoreCambodia-China Cultural and Creative Park gets approval
The Council for the Development of Cambodia (CDC) has recently given the greenlight to several development projects including the Cambodia-China Cultural and Creative Park located in Siem Reap Province. As reported by the CDC over the weekend, Angkor International Culture Investment & Development (Cambodia) Co.,Ltd is to inject US$27.5 million of investment in its project along 60 Metre Str...
Read MoreCBRE Market View: Total retail supply drops nearly 17%, yet more projects announced
The newly launched Phnom Penh market view compiled by international real estate agency CBRE Cambodia shows that total retail supply over Q3 2019 has dropped by 16.9%. However, despite these figures, more projects continue to be announced. Presented during an event held at Rosewood Hotel on 10 October, the reported drop is due to the partial closer of Sovanna Shopping Centre for renovation, leav...
Read MoreRecycled plastic waste to be recycled into construction materials and furniture in green business venture
Plastic waste recycling has been brought up as a part of green business during the forum, known as Green Business of the European Chamber of Commerce in Cambodia (EuroCham Cambodia). On 10 October, EuroCham Cambodia hosted its 5th edition of the landmark Green Business Forum 2019. While various topics were discussed, the factor considered the most important be tackled and awareness raised on is...
Read MoreRenewable solar and wind energy will be the future for energy consumption
Renewable solar and wind energy are being discussed during the 5th edition of the landmark Green Business Forum 2019 which is hosted by EuroCham. Since some solar energy projects have been approved to be initiated in Cambodia, the grid management and technical implications will be discussed and demonstrated at the forum. The panelist for the discussion, Mr. Morten Kvammen, who is also a princip...
Read MoreInfrastructure Projects in Singapore Named as Finalists in Bentley Systems’ Year in Infrastructure 2019 Awards Program
Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, has announced several projects in Singapore as finalists in its Year in Infrastructure 2019 Awards program. The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure...
Read MoreThai retail supermarket, Big C will provide more job opportunities to Cambodians
Big C supermarket is creating additional job opportunities for local people a week after opening its first branch in Cambodia. Before the soft opening day, Big C supermarket helped to create 1,200 jobs in the area according to its project application with the Council for the Development of Cambodia (CDC). The giant retail store includes a large number of brand names currently looking for wor...
Read MorePublic works ministry to begin construction of major roads and bridge
The Ministry of Public Works and Transport will soon begin construction of major roads and a bridge, according to H.E Sun Chanthol, Senior Minister and Minister. Addressing the ministry's recent work progress at the recent ROAD CARE event, H.E Sun Chanthol said that five major roads and one bridge are to be constructed soon as feasibility studies and budgeting have been concluded. According ...
Read MoreADB: Well-organised transport networks and affordable housing stimulate economic growth
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam is never anyone’s desire. “People don't want ...
Read MoreBentley Systems to Host Infrastructure Leaders at the Year in Infrastructure 2019 Conference in Singapore
Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions and digital twin cloud services for advancing the design, construction, and operations of infrastructure will host its Year in Infrastructure 2019 Conference and awards ceremony at one of the most iconic buildings in Asia, the Marina Bay Sands Expo and Convention Centre in Singapore. Advancing BIM thr...
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