English 
ខ្មែរ Local News
Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
- 17 September 2018
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. Announced on Thursday, the deal was made as part of Chailease Holding’s expansion plan into the Southeast Asia market, said Chailease Holding Chairman Mr Albert Chen. ...
Read More
China Dominant in Cambodia Property and Tourist Sector
- 12 September 2018
A new report by Business Times shows that China is driving Cambodia’s property and tourism sector with massive investment expected to continue flowing into the country. Entitled “China Drives Cambodia’s Booming Property Market And Tourism Sector”, the report highlights the rapidly increasing Chinese investment in Southeast Asia, especially in Cambodia as well as the high numbers of Chinese tour...
Read More
Environment-friendly Midtown Community Mall Set to Open in December
- 10 September 2018
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom. Located in the heart of TeukThla area along street 2004 and cornering with street 13B, the Midtown Community Mall has been designed through integrating between green spaces and wooden fixtures featuring a variety of retail shops and entertainment centres. Ow...
Read More
Real Estate Agent UAS Sees Bright Future for Retail Malls
- 6 September 2018
The rapid growth of Cambodia’s retail sector in recent years, thanks largely to the emergence of a middle class now numbering two million, have together been catalysts for the significant rise in retail mall tenancies, with the future only looking bright for this real estate sector. On 5 September, Construction and Property Magazine sat down with Mr Simon Griffiths, Managing Director for retail...
Read More
Cambodia Needs Over 100,000 Hotel Rooms by 2030
- 3 September 2018
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. According to the minister, among the 100,000 rooms, 60% of them will require luxury four and five-star hotels (about 60,000 rooms) with Sihanouvkille Province al...
Read More
Savills’s Forum Showcases Investment Opportunities in Hotel and Hospitality Industry
- 3 September 2018
On 29 August, 2018, Savills Hotel APAC organised a panel discussion where experts presented key trends in the hotel and hospitality industry as well as investment opportunities in Cambodia. Held at Sofitel Phnom Penh Phokeethra, three guest speakers specialising in the field of hotel and hospitality were featured namely Mr Mauro Gasparotti from Savills Hotel, Mr Christian Puchher from Hilton Wo...
Read More
Real Estate Agent Vows to Improve Quality of Property Valuation
- 30 August 2018
With the new strategic partnership between leading real estate company Cambodia Properties Limited (CPL) and Vietnam MB Bank, the quality of property valuation in Cambodia is stepping up to another level. Speaking during the signing ceremony of the strategic partnership cooperation on property valuation on 28 August, Oknha Cheng Kheng, CEO and chairman of CPL vowed to provide the best appraisal...
Read More
Phnom Penh to Become Trade Hub for Foreign Investors
- 28 August 2018
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 and Senate Relations and Inspection. Speaking in front of 42-Chinese business delegates during the Tianxia Chaoshang Economic Conference on 26 August, H.E. Men Sam An highlighted the success ...
Read More
Real Estate Management Provider Inks Mou With Wing
- 25 August 2018
Cambodia’s real estate management provider Capital Management Solutions (CMS) had signed a memorandum of understanding (MoU) with leading mobile payment portal Wing (Cambodia) Limited Specialised Bank to provide seamless payments solutions for its customers. Under the agreement which was signed on 22 August, CMS’s customers can now make their monthly rent, utilities and management fee payments,...
Read More
3rd Asean Real Estate Network Alliance (Arena) Held in Cambodia
- 24 August 2018
In a bid to expand the real estate business across Southeast Asia, the Cambodian Valuers and Estate Agents Association (CVEA) organised the ARENA 2018 convention and exhibition at the Sofitel Hotel Phnom Penh, Cambodia. Under the theme “How to run real estate companies in ASEAN”, the three-day (August 23-25th) event brought together almost 700 real estate salespeople, estate agent valuers, appr...
Read More