Knowledge and Key Success
Belt and Road Initiative book to enhance China – Cambodia friendship
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia’s Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. […]
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Ban on online gambling shrinks real estate activities in Sihanouvkille, but opportunity arises
The recent ban by the Cambodian government on online gambling has caused many Chinese nationals to leave the busy city of Sihanoukville with real estate activities affected as a result. However, experts remain optimistic that this change will create new opportunity for the industry. Speaking at the real estate market review held on 11 October, […]
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CBRE Market View: Total retail supply drops nearly 17%, yet more projects announced
The newly launched Phnom Penh market view compiled by international real estate agency CBRE Cambodia shows that total retail supply over Q3 2019 has dropped by 16.9%. However, despite these figures, more projects continue to be announced. Presented during an event held at Rosewood Hotel on 10 October, the reported drop is due to the […]
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Recycled plastic waste to be recycled into construction materials and furniture in green business venture
Plastic waste recycling has been brought up as a part of green business during the forum, known as Green Business of the European Chamber of Commerce in Cambodia (EuroCham Cambodia). On 10 October, EuroCham Cambodia hosted its 5th edition of the landmark Green Business Forum 2019. While various topics were discussed, the factor considered the […]
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Renewable solar and wind energy will be the future for energy consumption
Renewable solar and wind energy are being discussed during the 5th edition of the landmark Green Business Forum 2019 which is hosted by EuroCham. Since some solar energy projects have been approved to be initiated in Cambodia, the grid management and technical implications will be discussed and demonstrated at the forum. The panelist for the […]
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ADB: Well-organised transport networks and affordable housing stimulate economic growth
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam […]
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Rooftop solar PV installation can reduce climate change risk and increase investment
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic […]
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New regulations force Thai developers to resell projects
Many developers in Thailand are beginning to place their residential projects up for resale after some customers have been unable to complete payments due to the restrictions in the new loan-to-value (LTV) regulations. According to a survey conducted in The Nation and reported in late September, some projects that were already sold to customers are […]
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ADB says real estate credit poses challenge to Cambodia’s GDP growth
The Asian Development Bank (ADB) has recently forecasted that Cambodia’s GDP to grow at 7.0% this year while suggesting that the country should reduce financial risk poses by credit on the real estate sector. According to the recent press release of its latest report, Cambodia’s growth remains driven by the four traditional sectors such as […]
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Public works ministry launches campaign to promote ROAD CARE Mobile App
The Ministry of Public Works and Transport (MPWT) in partnership with the United Nations Development Programme (UNDP) launched a campaign on 04 October 2019 to train and promote the techniques of road maintenance and the use of the ‘ROAD CARE Mobile App. The recently launched ROAD CARE is a mobile app that allows people to […]
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