Cambodia Needs Over 100,000 Hotel Rooms by 2030
Minister of Tourism H.E Thong Khon, has forecast that Cambodia will need more than 100,000 hotel rooms to accommodate the increasing number of national and international tourists which is expected to total to around 28 million by 2030.
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Eurocham’s Breakfast Talk Marks a Milestone on Energy Outlook
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding “Bloomberg’s 2018 New Energy Outlook” on 30 August 2018,
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Phnom Penh to Become Trade Hub for Foreign Investors
With massive building projects emerging and sustained growth, Phnom Penh is becoming a trade hub for foreign investors, according to H.E. Men Sam An, Deputy Prime Minister and Minister of National Assembly
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MLMUPC Minister Orders Shutdown on Recognition of Unregistered Property Transfers
Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has ordered the respective authorities to stop checking and certifying property
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PM Hun Sen Urges an Increase in Stamp Duty
In a visit to garment workers on Wednesday 15 August, Prime Minister Samdech Techo Hun Sen urged the Ministry of Economy and Finance (MEF) to revise the country’s ‘stamp duty’, or property transfer tax, saying the current tax is too low.
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Construction Sector Attracts Most FDI in Cambodia
The construction sector is one of the four main pillars of Cambodia’s economy and the sector has been responsible for attracting the most Foreign Direct Investment (FDI) to the nation and is expected
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Think Tank Urges Private Sector to Provide More Internships for Construction-related Jobs
Experts in different government and private institutions have called for more internships and training programmes for students and workers, especially for construction-related jobs. This campaign was called for during a half-day seminar held under the theme of “Partnership for Work-based Learning: Experiences and Possibilities” organised bythe Cambodia Development Resource Institute (CDRI) at the Phnom Penh […]
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Will the Construction and Property Sectors Slow in the Next Five Years?
As thereal estate industry booms and development projects continuing to rise throughout the country, especially in Phnom Penh
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Credit for Construction and Real Estate Sectors Remains Robust
The financial stability risk assessment in Cambodia by the National Bank of Cambodia (NBC) has shown that credit for the construction and real estate sectors remains in good condition due to the low rate in non-performing loans.
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CBRE: Supply of Condominiums in Phnom Penh Increased by 20%
A new report by real estate agent CBRE Cambodia has shown that the supply of condominiums in Phnom Penh increased by 20% quarter-on-quarter(q-o-q) in the course of Q2 of 2018,
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