Tax Collection Exceeds Target on Construction and Real Estate
Tax collection in the first six months of 2018 has reached 61.28% of the yearly plan with construction and property taxes having a sharp increase, according to H.E. Kong Vibol, a Delegate of the Royal Government in charge as Director-General
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Concessional Loan Agreement for Ring Road No.3 Signed
The Ministry of Economy and Finance (MEF) has signed a concessional loan agreement with China funded bank Export-Import Bank of China (EXIM Bank of China) for the construction of the Ring Road No.3
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Construction of New Cargo Terminal in the Pipeline
Phnom Penh International Airport / Photo: Vinci With the value of the international trade in goods on the rise along with demand for air cargo services, Cambodia Airports has revealed future plans to construct another cargo terminal in Phnom Penh International Airport in order to provide efficient cargo handling services. Mr.Khek Norinda, the communications and […]
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Sales Launched for Kandal Province Affordable Housing Project
B&BM Development Co, Ltd launched official sales for their affordable housing project Borey Sen Monorom in Kandal province on 12 July.
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Experts Predict Real Estate Sector Growth After July Election
Real estate experts foresee a significant rise in the property sector after the 29 July National Election based on the assumption that for the past six months prior to the vote many investors prefer to await the outcome.
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Construction to Start on New Siem Reap International Airport After Election
Photo: Archetype / Siem Reap International Airport Construction on the new Siem Reap International Airport will take place after the 29 July election, according to state-run news agency Agence Kampuchea Presse. On 13 July, Siem Reap Governor H.E. Khim Bunsong met with representatives from Angkor International Airport Investment (Cambodia) Co., Ltd, the company contracted to […]
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Chip Mong Breaks Ground on Sen Sok Community Mall
Chip Mong Retail, one of the Chip Mong Group’s newest business subsidiaries, held a groundbreaking ceremony on 12 July for its Sen Sok Mall, a community mall in the fast-growing district of Sen Sok.
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Prek Pnov to Become the New Property Hotspot
Prek Pnov District, a suburburn area in the north west of Phnom Penh has recently become more popular and has attracted small and medium scale land buyers as the city continues expanding.
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Third Coal Power Plant in Sihanoukville to Start Construction Next Year
The Cambodian government has given the green light tothe construction plansfor a two-unit coal-fired power plant in Sihanoukville Province worth more than US$1 billion, according to H.E. Victor Jona,
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Green Singapore Tower Wins Ctbuh Award
The Oasia Hotel in Singapore, a green tower with 54 different kinds of climbing plants, has been named as the best tall building of the year by the Council of Tall Buildings and Urban Habitat (CTBUH).
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Cambodia and Thailand Close to Railway Transportation Agreement
Sample photo by Railway Transportation Cambodia and Thailand are near to reaching a bilateral agreement on the “Railway Transportation Agreement” following a recent meeting between the two countries. Last week, Cambodia Minister for Public Works and Transport (MPWT) H.E Sun Chanthol and his counterpart ArkhomTermpittayapaisith met to finalise the draft agreement on the cooperation to […]
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Sun & Moon Launches Second Luxury Hotel in Capital
SUN & MOON, Urban Hotel A luxury four-star hotel, the “SUN & MOON, The Light” has begun construction and is expected to be finished by the end of 2019, bringing a whole new lifestyle for its customer, according to the press release. A well-known hospitality company, SUN & MOON Company Limited has officially announced the […]
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