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ខ្មែរ Local News
Construction & Real Estate Sector Show Signs of Recovery in H1 2023
- 1 August 2023
The echoes of recovery reverberate through Cambodia's construction and real estate sectors, painting an optimistic picture as the nation strides forward into the first half of 2023. A surge in the import of construction materials and equipment, registering a 0.4% increase, amounting to approximately US$911 million compared to the previous year, signifies an industry back on the rise. A recent r...
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MoE Recognises Over 90 Hectares of “Lower Tatai” in Koh Kong as Protected Area Community
- 31 July 2023
The Ministry of Environment (MOE) has officially granted recognition to the "Lower Tatai" protected area community, spanning an impressive 97.3 hectares. Nestled within the pristine confines of the Peam Krasop Wildlife Sanctuary, the "Ta Tai Krom" Protected Area Community encompasses the idyllic landscapes of Anlong Vak Village and Koh Andet Village in Ta Tai Krom commune, Koh Kong district, Koh K...
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Distinguished contenders announced for the 8th PropertyGuru Cambodia Property Awards
- 26 July 2023
PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, announced the nominees shortlisted for the 8th Annual PropertyGuru Cambodia Property Awards, supported by sponsors CBRE Cambodia, Dewan Architects and Engineers, and SALTO Systems. The shortlisted companies, representing outstanding real estate projects from Greater Phnom Penh to Siem R...
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NagaWorld Records Impressive Q2-2023 US$ 83M Profit, Surge of 57%
- 25 July 2023
Hong Kong-based NagaCorp proudly reports NagaWorld's soaring success in Cambodia, as the net profit for the second quarter of 2023 surged by an impressive 57.4%, reaching a remarkable US$83 million. The significant increase in profit can be attributed to the resurgence of tourism in Cambodia from ASEAN countries and the gradual return of business travelers from China, significantly bolstering Naga...
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Navigating a Stagnant Market: Location Remains Key for Selling Houses in Cambodia
- 24 July 2023
As the residential real estate market in Cambodia enters the midpoint of 2023, it faces intensified competition and weakened demand. Sales in the sector have become increasingly challenging, with only a select number of condominium and landed property projects in prime locations managing to maintain or slightly increase their asking prices, according to CBRE Cambodia’s Mid-Year Review 2023 Market ...
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The Gov’t orders to move all illegal structures on the Tasal Dam, Kampong Speu Province immediately!
- 22 July 2023
In a bid to ensure the preservation of the Tasal Dam Reservoir in Tasal Commune, Oral District, Kampong Speu Province, the Department of Water Resources and Meteorology of Kampong Speu Province has issued a firm directive to address the pressing issue of illegal structures encroaching upon the dam's surface. In an official announcement dated July 18, 2023, the department sternly informed the owner...
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The Gov’t allocated 6,234 hectares of land in Botum Sakor National Park for private investment
- 22 July 2023
The Cambodian Government has greenlit the allocation of a substantial 6,234-hectare area within the pristine Botum Sakor National Park, situated in Botum Sakor District, Koh Kong Province. The designated land is set to be leased to Koh Kong Rubber Plantation for private investment, marking a strategic move aimed at bolstering economic growth. According to the official Sub-Decree No. 27, dated Janu...
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Realestate.com.kh Home & Lifestyle: Cambodia’s Biggest Property EXPO
- 21 July 2023
Realestate.com.kh is bringing back its massively popular Home & Lifestyle EXPO 2023. The event which is just one month away will be happening on the weekend of August 12 & 13, at Koh Pich Exhibition Center. The Home & Lifestyle EXPO is part of Realestate.com.kh's annual events, offering attendees the opportunity to secure the best deals within the Cambodian market and also have the ...
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TR and CCC Join Forces to Propel Trust Sector Advancement in Cambodia
- 21 July 2023
In a momentous step towards enhancing the trust sector in Cambodia, the Trust Regulator (TR) and the Cambodian Chamber of Commerce (CCC) have inked a significant Memorandum of Understanding (MoU) focused on "Cooperation on Raising Public Awareness and Promoting Participation in the Public Sector in Cambodia." The official signing ceremony of this pivotal MoU took place on July 18, 2023, with Du...
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Elevate Your Living and Business in the Heart of Phnom Penh with UC88 Project in BKK1
- 20 July 2023
Unveiling an exceptional residential and commercial space blend, UC88 stands tall as a mixed-use development project in the vibrant Boeung Keng Keng I area. Located along Street 322 near Monivong Blvd, this impressive 45-storey building offers an alluring proposition, providing both contemporary condos and versatile strata-offices, catering to the modern lifestyle needs of residents and businesses...
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