‘Amory 7makara’ Development Plots Officially Open for Sale

One of Cambodia largest property firms has officially announced the launch of sales for the ‘Amory 7Makara’ development project, according to their press release. Over the weekend, real estate firm Amory announced the opening of the sale of ‘Amory 7Makara’ located along 7 Makara Street, which connects National Highway No 6 to Oknha Ly Yong Phat and links to National Road 5. The ‘Amory 7Makar...

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Tax Relief on One-time Payment for Stamp Duty Continues

The General Department of Taxation (GDT) has decided to continue granting tax relief for the one-time payment on stamp duty for property ownership transfer, according to online media DAP NEWS. According to a letter dated 16 January, 2019 obtained by DAP NEWS, H.E Kong Vibol, Delegate of the Royal Government in charge as Director General of GDT, agreed to continue granting the tax relief for own...

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Fast Fashion Retailers in Cambodia

Consumer optimism in Cambodia is high as the economy booms. More and more affordable international fashion brands are enteringthe market, and this brings more choices for the customers.Not only in Cambodia, but the fast fashion business model has revolutionised the apparel industry all over the world thanks to a good pricing strategy. Fast fashion retailers offer trends in the season that allow th...

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LG TWIN WASH!

The new modern washing machine LG TwinWash uses the latest technology in the laundry industry. Today, we will showcase the features that make it deserve to be top of any customer’s list. 1. Brand New Ergonomic Design -LG TwinWash has a small size and is easy to store at home. The new design is easy to turn on/off, there is a visible mirror layer allowing us to see the inside of the machine. ...

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China Completes Construction of 88 High-rise Buildings in 2018

The popularity of high-rise construction in China's has reached new heights with more than 80 high-rise buildings completed within one year. According to a report on tall buildings released by the Council of Tall Buildings and Urban Habitat (CTBUH), China has recently taken the lead in skyscraper construction, with 88 high-rise buildings completed in 2018, more than anywhere else in the world. ...

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Cambodia Seeing New Property Development Wave

While property market tends to move in certain cycles of development, Cambodia is now seeing a new trend of development towards commercial projects, according to real estate insiders. Speaking on the sidelines of the recent media round table for the launch of the Cambodia Property Awards 2019, Mr Jules Kay, Business Director for the PropertyGuru Asia Property Awards, said that following his mee...

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Feature Video: Cambodia Construction Expo 2018-2019

<div class="youtube"> https://www.youtube.com/watch?v=kRUjB82yKXk&t=99s </div> Every year, the Cambodia Constructors Association organizes the nation’s leading construction industry exhibition. A central pillar in the association's strategy to attract more investment to the sector, the exhibition promotes business networking and showcases the best products and services available...

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Government Issues Measures to Strengthen Management of State Land

In order to more effectively manage state land, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has issued a letter requesting cooperation from capital and provincial governors. According to a letter dated 16 January, 2019, Deputy Prime Minister H.E Chea Sophara, Minister of MLMUPC requested that the governors of cities and provinces who chair state land management comm...

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Cambodia Property Awards 2019 kicks off

After three years of success, one of Asia’s foremost online property company PropertyGuru Group has officially announced the return of its 'Cambodia Property Awards’. On 15 January, 2019, PropertyGuru Group organizes a media round table to kick off the 'Cambodia Property Awards 2019'competition at Raffles Hotel Le Royal Phnom Penh. The competition is aimed at finding best property in Cambodia. ...

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Cambodia-thailand Eye Trade Expansion on Air Conditioners

Sample photo by thenational.ae With two-way trade continuing to increase every year, Cambodia and Thailand businesses are looking to expand the air conditioner market as a result of a business matching platform held on 16 January, 2019. Aimed at boosting trade in air conditioners, as well as electrical and auto parts, the Thai Department of International Trade Promotion at the Ministry of Co...

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Government to Seek Investment for Road Linking Three Provinces

In a bid to ease travelling and transportation, the government is seeking investment capital for a road construction project linking three major provinces, according to an announcement made by Cambodia’s head of government. Speaking at the inauguration of the Ring Road No.3 on 14 January, 2019, Prime Minister Samdech Techo Hun Sen announced a plan to build infrastructure connecting Koh Kong, Pu...

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Myanmar Embraces Affordable Housing

Authorities in Myanmar are focusing on increasing the availability and quality of affordable housing. “Although regulations have been created for luxury housing, there is no law covering the ordinary apartments. The government is working to draft such regulations under the National Housing Development Law,” Daw MiMi Tin, deputy director general of the Policy and Project Section of the Departmen...

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