Japan Continues to Promote Health and Work Safety for Construction Work
Japan will continue to help Cambodia to improve the quality of construction work until 2020. According to a Facebook post by the Ministry of Labor and Vocational Training (MLVT) on 27 September, 2018, Japan has decided to continue supporting Cambodia on the project that will promote health standards and work safety for the construction sector from 2018-2020 following the success of the first pr...
Read MoreEuropean Union Organises Seminar on Problems Faced by Female Construction Workers
Photo by Al Jazeera The European Union recently organised a half-day seminar to discuss the problems and challenges faced by female construction workers in Cambodia. Held on 27 September, 2018 at Tonle Bassac II Restaurant, the seminar was attended around 40 people including representatives from the Ministry of Labour and Vocational Training, Care Cambodia, Australian Development Cooperation...
Read MoreCCA Predicts Positive Growth for Construction Industry in H2 2018
The Cambodia Constructors Association (CCA) has predicted that the construction industry will continue to growin the second half of 2018 and the demand for raw construction materials will also increase. Reflecting on the National Bank of Cambodia’s (NBC) semi-annual report regarding the import of construction materials during the first six months of 2018, Mr Chiv Sivpeng, general manager at the...
Read MoreJapan Funds Us$1 Million for Bayon Temple Restoration Project
On 25 September, 2018, Japan funded US$1 million through UNESCO to Cambodia for a restoration project of Bayon Temple inSiem Reap Province. According to a UNESCO Facebook post, the Royal Government of Cambodia, through the Ministry of Culture and Fine Arts signed a Memorandum of Understanding (MoU) with UNESCO on the restoration project of Bayon Temple under the support from Japanese Funds-in-T...
Read MoreGovernment to Shutdown Non-compliant Construction Sites in Sihanoukville Province
The government is to revoke construction licenses and completely close down construction sites in Sihanoukville Province that failed to comply with the guidelines, especially those along the coastal area. On 26 September, 2018, H.E Pen Sophal, secretary of state for the Ministry of Land Management Urban Planning and Construction (MLMUPC), told the Cambodian Peace Channel (CPC) that the ministry...
Read MoreDevelop Your Own Properties or Invest in Bulk Properties?
Buy-to-let property in Koh Pich satellite city Wealthy individuals are keen to enter the property development business. They can build various projects for sale or for rental. To develop a new project today, one must consider land costs while prices have skyrocketed in prime locations. On the other hand, construction costs are also on the rise. Most importantly, the time and effort of project m...
Read MoreMore Luxury Accommodation Needed for Sihanoukville Province
Sample photo by Independence hotel The supply of luxury accommodation in Sihanoukville is not enough to service the increasing numbers of tourists visiting the province. On 22 September, 2018, Director of Sihanoukville's Tourism Department Mr Taing Sochet Krisna said that the supply of luxury accommodation, such as five-star hotels,is not enough forthe rapidly increasing numbers of national ...
Read MoreCambodia Among Countries With Low Annual Property Tax
Cambodia is among countries across the globe which has low annual property tax, according to an editorial article published by InvestAsian on 22 September, 2018. According to InvestAsian’s author and founder as well as property investor in Southeast Asia Mr Reid Kirchenbauer, governments in some countries including Cambodia have set the annual property tax at a very low rate while some of them ...
Read MoreModernising Building Construction in Vietnam
ACOTEC precast wall panel installation (Photo: Elematic) When Vietnamese construction company Xuan Mai wanted to modernise its production processes and create better, more durable buildings, the use of lightweight precast concrete partition walls became central to its vision. Elematic Acotec is a technology for light, non-load bearing, room-high partition wall panels. Because the Acotec line...
Read MoreIntroducing Lighting Sensors to the Cambodian Construction Industry
Mr. Thierry Lai, Director of Octopus Asia Pacific (Cambodia) Ltd, the distributor of Legrand in Cambodia Legrand is a global specialist in electrical and digital building infrastructure, which includes the design and manufacture of a comprehensive range of lighting sensors. With more than 22 years’ experience in the electrical field, Mr. Thierry Lai, Director of Octopus Asia Pacific (Cambodia) ...
Read MoreUS leads investment plan to counter China’s Belt and Road
In a bid to compete with China’s US$1 trillion Belt and Road Initiative (BRI), the US has been joined by Japan and Australia to launch their own Asia-focused investment programme. The initiative was announced in early August by US Secretary of State Mike Pompeo who told the Indo-Pacific Business Forum that US$113 million of US government funds would be used on energy and infrastructure developm...
Read MoreConstruction Among Top Sectors Affected by Ai Technology
Sample photo by Small Business Exchange Construction is among the top sectors most affected by Artificial intelligence (AI) technology, according to a newly published report by technology conglomerate CISCO and research analysis Oxford Economics. While claiming that the use of artificial intelligence (AI) through software, hardware, and robotics, has the potential to transform business capab...
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