IMF Research: Increase property tax to advance economic growth in Cambodia
A new research paper funded by the International Monetary Fund (IMF) suggests Cambodia should increase property tax to fund billions of dollars of infrastructure spending, a move that will help advance economic growth. Published on 06 September, the ‘IMF Working Paper: Advancing Inclusive Growth in Cambodia’ analyses how increasing either property tax, VAT, or income […]
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Will Cambodia fall into the Chinese infrastructure debt trap?
In the past decade, the Cambodian government has been allocating most of its budget to develop infrastructure. By the end of 2018, a total of more than 16,000 kilometres of national and provincial roads had been restored and rebuilt. On 30 August 2019, the cabinet also approved the US$14.4 billion budget plan for a public […]
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Experts call for more hotel investment amid fast developing tourism industry
Experts across the real estate industry gathered at the Rosewood Hotel at the start of August to discuss various investment opportunities with a focus on hotel investment as the Cambodian tourism industry sees rapid development. Co-organised by international real estate agency CBRE Cambodia and legal firm DFDL, the breakfast talk presented opportunities and challenges for […]
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Lower middle-income Cambodians flock for land plots despite challenging investment
Economic prosperity along with the rise in lower-middle-income Cambodians is pushing the development of the country’s real estate industry. Over the past decade, the country’s real estate sector has enjoyed strong growth each year, especially within the capital of Phnom Penh and on its outskirts. Along with this rapid development has been the increase in […]
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Licadho Report Selective and Misleading, says CMA
The Cambodia Microfinance Association (CMA) on 07 August condemned the recent Licadho report regarding the predatory system of microfinance in Cambodia, arguing that the report relies on flawed methodology, does not represent the status of microfinance in Cambodia, and destroys the reputation of MFIs in the kingdom. The condemnation comes in response to the report […]
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LICADHO: Upsurge in microfinance debt leads to land loss and human rights abuses in Cambodia
The acceleration in microfinance debt in Cambodia – for which land titles are mostly used as the collateral – can poses significant risks to millions of local debtors in the kingdom including land loss and many other systematic human rights abuses, according to the latest joint research by the Cambodian League for the Promotion and […]
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August 8th breakfast talk to discuss real estate and hotel investment in Cambodia
With Cambodia rapidly growing real estate market, international real estate agency CBRE Cambodia and legal firm DFDL to hold a breakfast talk on 8 August to discuss the potential of the Cambodia real estate and hotel investment at the Rosewood Phnom Penh hotel. Under the theme “Real Estate Investment in Cambodia”, the event will bring […]
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Will the increase in China’s domestic property developer bankruptcies affect Cambodia construction sector?
The 50 percent rise of bankruptcy rate among the home developers due to the economic slowdown in China this year has caused a controversial question whether or not it would affect the Cambodian construction sector since a large portion of the investment within this sector is the investment from China. Due to restrictions on borrowing […]
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New road maintenance technology called In-Place Recycling introduced to Cambodia
A new road maintenance technology called In-Place Recycling has been introduced to Cambodia through a one-day seminar held at the Ministry of Public Works and Transport (MPWT) on 01 August. As Cambodia is campaigning to improve its road quality through various projects, this new technology would see better road performance and could save money for […]
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Rents to climb in Phnom Penh office market as new supply comes online
The property market in Phnom Penh will keep growing, just as office rents have risen consistently over the past five years despite the continuing increase in the number of office spaces available in Phnom Penh. The market today is still on the rise. Until now, there are no risk factors for the next dip. Currently, […]
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