China Clarifies Overseas Investment Ruling
After a period of uncertainty, China has formally clarified new rules on overseas investments. The new legal framework comprises three categories; banned, restricted and encouraged. In a positive sign for the region, companies engaging in the nation’s ambitious One Belt One Road initiative lie in the ‘encouraged’ category. The new rules will likely have an […]
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Thailand Approves Rail Link
After years of negotiations, Thailand’s cabinet finally gave approval to construction of the first phase of a high-speed railway to the Laotian border in July. The approval followed the issuing of an executive order by the nation’s military government. Phase one will be the 250-km line between Bangkok and Nakhon Ratchasima which is expected to […]
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Pressure Builds for Thai Kra Canal
Pressure is mounting on the Thai government from a powerful domestic and Chinese lobby group to approve a study into building an international shipping canal. The proposed 140km twin canal project would provide access across Thailand’s Kra isthmus, allowing ships to avoid the Straits of Malacca. Located between Sumatra and the Malay peninsula, the straits […]
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Us Firm Wins Malaysia Mass Transit Contract
A US firm has won a lucrative contract on the Klang Valley Mass Rapid Transit (KVMRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line in Malaysia. Jacobs Engineering will provide design consultancy for all the track-work and associated infrastructure, and use building information modeling (BIM) throughout the construction process. The Dallas company has been targeting transport infrastructure project in […]
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The Palm introduces a new residential lifestyle
Oxley Worldbridge has announced that sales are soon to commence on their latest residential project called The Palm. In a departure from the high-rise downtown condo towers which have characterised the previous two joint ventures between WorldBridge Land and Oxley, The Palm is a large scale luxury villa development located on National Road 1. Situated […]
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Chroy Changva Bridge Renovation to Cost Usd33 Million
The Cambodian-Japanese Friendship Bridge is set to receive a USD33 million renovation and will be closed to traffic starting 15 September. The bridge is the main traffic artery linking the capital Phnom Penh to the north of the country across the Tonle Sap river and is expected to be closed for approximately two years until […]
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Cambodia Announces Eight Expressways
To ease traffic and boost the nation’s economic growth, Cambodia has announced the construction of eight expressways connecting the capital Phnom Penh to various destinations.
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Thai-based Makro Supermarket to Open Nine Branches
Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year.
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300 Firms to Attend Cambuild’17 Expo
The up-coming Cambuild’17 expo and Cambodia Architects Forum will open next week for two days from 7 to 9 September, 2017 at the Diamond Island Convention & Exhibition Center (Koh Pich), Phnom Penh. Hosted for the seventh consecutive year in Cambodia, the show is organised by AMB Tarsus Events Group in collaboration with the Ministry […]
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The Development and Registration of a Borey
A study of the borey market in Cambodia shows that in addition to the standard development and registration of a borey done by developers, there is another way to develop an allotment project. We will see that the choice made by the developers can have financial impacts on the tax and charges of a borey […]
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Rinnai Showcases Hot Water Solutions to Siem Reap Market
Having dominated the Phnom Penh market for hot water solutions, Rinnai is now being introduced to dozens of commercial businesses in the Siem Reap market. The products are made available in Cambodia through an exclusive dealership by Camcona Trading Cambodia Co., Ltd. With almost five years background in Cambodia, this Japanese water heater solutions brand […]
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CVEA Hosts First Property Show
The Cambodia Valuers and Estate Agents Association (CVEA), the kingdom’s largest real estate association hosted its first property expo to showcase some of the nation’s iconic property developments across Cambodia.
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