AIIB OPENS FOR BUSINESS
Chinese President, Xi Jinping officially launched the Asian Infrastructure Investment Bank (AIIB) in Beijing on 16 January in a move expected to change the global economic balance of power. “Asia’s financing needs for basic infrastructure are absolutely enormous,” Xi said in a speech at the launch, adding the bank would aim to invest in projects […]
Read More
New Cbd Slated for Capital
According to a filing to the ASX by developer Kingsland Global Ltd, an agreement with a subsidiary of Shukaku Inc has been signed to develop 10,000 square metres of undisclosed prime real estate in Phnom Penh’s “central business district”.
Read More
Thailand and Uk Create Anti-corruption Initiative
The British Embassy in Bangkok and Thailand’s State Enterprise Policy Office have co-hosted a seminar on the Construction Sector Transparency (CoST) Initiative.
Read More
Construction Law Draft Complete
The Council of Ministers will soon receive the draft Construction Law which may be passed into legislation by mid-2016 according to senior government advisor Sok Siphana.
Read More
LEGISLATE TRANSACTIONS URGES CVEA
To ensure sellers to use a registered real estate company to value their property before placing it on the market, the CVEA has called on the government to regulate all property transactions as part of the pending management law. The initiative would mirror the US model and is designed to control speculation and artificial price […]
Read More
Bosch’s 2015 Sales Surpass €70bn
Robert Bosch, a world leader in technologies and services, announced that its 2015 sales exceeded €70 billion for the first time in its history—marking a 10 percent growth against 2014 sales of about €65 billion.
Read More
Views Vary on Future of Phnom Penh at Gac
The recent announcement of the Phnom Penh Urban Master Plan provided the backdrop for a robust discussion on the future development of the capital among industry insiders at the 2nd Annual Global Alumni Convention (GAC) organised by IDP Education in January.
Read More
CM Joint Committee Proposed for Cambodia
The Construction Management Association of Korea (CMAK) has been assisting Cambodia to implement the Construction Management System (CM) with the aim to improve construction quality for future buildings in the kingdom.
Read More
Meng Leng Eav Opens Innovative Showroom
With Meng Leng Eav Group’s innovative new showroom now open, customers and visitors will have more satisfying and compelling experience when sourcing their needs from the largest supplier of power tools and agriculture and engineering equipment in Cambodia.
Read More
From Supply to Manufacturing: a Market Leader’s Perspective
For Meng Leng Eav Co. Ltd, regional economic integration will not result in any significant impact on business. Cambodia’s leading specialist in supplying quality power tools, agricultural, and engineering equipment currently distributes over 10 exclusive and another 5 non-exclusive brands after first establishing the business over 20 years ago. In today’s more competitive environment, the company is strategically transforming its position from a star distributor into the first manufacturing company of its kind on the Cambodian market.
Read More
Setting Up a Joint Venture: the Risks and Realities
Joint ventures (JVs) in the construction industry are common around the world. Although more companies in Cambodia are entering into such business agreements, the concept is still not widely understood here.
Read More
OCIC, Cambodia’s Leading Developer
Despite being one of the largest financial and infrastructure / property development companies in the nation, there are many in the industry that remain unclear on the background of OCIC. In this exclusive profile, Construction & Property Magazine lifts the lid on the background and portfolio of this business empire.
Read More