Economy and Finance
US$8bn Deal Creates Largest Real Estate Group in Asia
Singapore-based real estate developer CapitaLand announced in January that it had reached an agreement with Temasek to purchase Ascendas-Singbridge Pte Ltd
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts.
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Two major associations to promote real estate valuation in Cambodia
Cambodia's robust economic growth is generating increasing prosperity in the real estate sector, reflected by an increase in real estate prices across the country.
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Largest Gathering Yet for Construction Industry at MBAM Onebuild 2018
The Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) held in collaboration with the Master Builders Association Malaysia (MBAM) successfully took place from 13- 15 November 2018 at Kuala Lumpur Convention Centre, Malaysia. This year, the exhibition managed to attract thousands of visitors from both the government and private sectors as well as international visitors from Australia, Japan, Cambodia, Korea, Mauritius, India and more. In addition, positive feedback was also received from exhibitors that many business transactions were initiated during the exhibition and it is estimated that there will be RM100 million (about US$24 million) in business transactions after the exhibition.
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Annual Cambodia Construction Industry Expo of Cambodia Constructors Association Kicks Off
The annual Construction Industry Exhibition has kick starts under participation of delegates of public and private representative. Organized by the Cambodia Constructor Association (CCA) chaired by Neak Oknha Pung Kheav Se, the Cambodia Construction Industry Exhibition this year has returned bigger and better.
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Cambodia’s Largest Construction Exhibition to Kick Off in November
Cambodia largest construction expo, the ‘Cambodia Constructors Industry Expo 2018’, is set to kick off in November bringing together more than 300 exhibitors and thousands of exhibition goers. After being successfully hosted for more than four years, the Cambodia Constructors Association (CCA) is organising its annual event that brings together high-ranking government officials, professionals, and respective exhibitors who will share their knowledge, and the latest innovations in product and services available for the construction industry.
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Construction Industry Expo Mbam Onebuild 2018 to Be Held in Malaysia
The MBAM OneBuild 2018 Exhibition, Malaysia’s biggest construction and infrastructure industry expo will be take place on 13 -15 November 2018. Hosted at the Kuala Lumpur Convention Center (KLCC) Malaysia, the three-day exhibition is the ideal platform for construction and infrastructure industry players to foster new relationships, exchange ideas, learn about the latest innovations as well as showcase their products and services.
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ADB Provides Us$30 Million for Tourism Infrastructure Development Projects
Cambodia has signed agreements with the Asian Development Bank (ADB) worth more than US$30 million for tourism infrastructure development projects in two provinces, according to a press release from the Ministry of Economy and Finance (MEF).
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Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
Taiwan financial leasing firm Chailease Holding has acquired 60% of Royal Group’s Cellcard Finance PLC, Cambodia’s diversified business conglomerate, according to an article published by The Taipei Times on 17 September, 2018.
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Cambodia Receives Significant Investment on Furniture and Construction Materials
While construction sectors continues to boom in Cambodia, investment in furniture and other construction materials are also increasing.
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