Myanmar Construction Trends Remain Positive

A new report on Myanmar’s construction industry predicts a slowing in growth over the next five years following five years of solid positive growth. Timetric’s Construction in Myanmar – Key Trends and Opportunities to 2021 report showed sustained growth in the period 2012-2016 of 10.33 percent, despite a downturn due to political tensions in 2015-2016, that was driven by public sector investmen...

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China Punishes 31 Responsible for Deaths of 73

The Chinese government has ordered ‘coercive measures’ on 31 people it has held responsible for an accident on a construction site in November 2016 that killed 73 people. The deaths were caused by the collapse of a cooling tower at a power plant which was under construction in Southern China. Two more workers were injured and the cost of the incident was estimated at USD15.6 million dollars acc...

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Philippines Flooded With Chinese Contractors

The Philippines’ huge infrastructure construction program has attracted so much interest from Chinese contractors, that the government has requested assistance from China to screen companies applying for projects.A combination of Philippines President Duterte’s USD180bn ‘Build, Build, Build’ program and the Chinese One Belt, One Road initiative has created one of the largest infrastructure constru...

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Top 10 World’s Highest-priced Office Market

Prime Office Rents Showed Strongest Growth In Tech & Media Hubs... text coming soon!

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Schedule Set for Cambodia-thai Border Bridge

The Cambodian and Thai governments have agreed to break ground on a new bridge spanning the two nations’ borders. Work will start on the new Stung Bot-Norng bridge in January 2018 and will link Banteay Meanchey province to Ban Norng Ian in Sa Kaeo province. The news was announced on 6 September during a meeting between Cambodian Minister of Public Works & Transport Sun Chanthol and Arkhom T...

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Angkor Dynasty Invests Usd15m

A well-known Cambodian businessman Pung Kheav Se eyes a potential tourist hub... full text coming soon.

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ក្រុមហ៊ុនម៉ាឡេស៊ី បង្ហាញពីការលាយល្បាយជុសជុលផ្លូវសម្បុកមាន់

ក្រុមហ៊ុន Probase Manufacturing Sdn Bhd មានមូលដ្ឋាននៅប្រទេសម៉ាឡេស៊ី​បាន​បង្ហាញពីគុណភាពល្បាយ Cold Mix សម្រាប់ជួសជុលផ្លូវសម្បុកមាន់ដល់មន្ត្រីជំនាញផ្លូវថ្នល់នៃ មន្ទីរសាធារណការខេត្តសៀមរាប។ យោង​តាមប្រភពសារព័ត៌មានជាតិ AKP​ លោក អាំង គមស៊ុន ប្រធានការិយាល័យស្ពានថ្នល់ នៃមន្ទីរសាធារណការ និងដឹកជញ្ជូនខេត្តសៀមរាប បានមានប្រសាសន៍ថា ការប្រើប្រាស់ល្បាយ Cold Mix នេះ ក្រោយពេលការបិទជិតហើយ យានយន្តគ្រប់ប្រភេទ អាចបើកប...

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The Benefits of Budgeting and Cost Planning for Construction Projects

Over the years in many South East Asian cities, it has become commonplace to see incomplete or failed construction projects, some of which stand in the most prominent of locations. It is the case however that many of these empty shells could have been completed had proper budgeting of the development process at the initial planning stage been carried out. This function has traditionally sat...

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Korea’s E-mart to Open in the Kingdom

Through a deal between local conglomerate Royal Group and Korea’s largest retail market operator E-mart, consumers in Cambodia will soon enjoy sourcing discounted products in this modern hypermarket. Scheduled to open in the first quarter of 2019, E-mart is incorporated in Cambodia via a joint venture agreement signed in late July in Phnom Penh between Royal Group Chairman Oknha Kith Meng and E...

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Cambodia’s Construction Industry Booms

Cambodia’s construction industry continued to boom in the first half of 2017 according to statistics released by the Ministry of Land Management, Urban Planning and Construction (MLMUPC) in July. The industry saw an increase of 28 percent over the same period in 2016 with 1,523 new projects approved between January and June 2017. The MLMUPC gave a total value on these H1 2017 approved projects ...

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The Condo Market in Cambodia… Where Do We Stand?

We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and a huge change for a new lifestyle in Cambodia. Many people say it will need time for Cambodian people to get used to this new way of living and the main concern is who will buy these condo units. Most of the projects are in the inner city, out of reach for m...

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Malaysia Property Awards Winners Announced

The PropertyGuru Asia Property Awards held its fourth celebration of the best in real estate in Malaysia in August. The prestigious awards ceremony showcases the very best property projects in each host nation before hosting the glittering gala celebration where the best projects in Asia compete for the top prizes. Twenty-one award categories were presented at the Malaysia round and Selangor...

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