Asean’s Coasts Attracting Investor Interest
As ASEAN’s emerging markets experience a real estate boom fuelled largely by increasing direct foreign investment, property buyers are now looking beyond major cities to previously undeveloped coastal areas. The coastal cities of Sihanoukville in Cambodia and Danang in Vietnam are seeing growing interest, especially from Chinese investors, as infrastructure improves and the economies and touris...
Read MoreChina Unveils Usd 20m World’s Longest Sea-crossing Bridge
China recently unveiled the world’s longest sea-crossing bridge connecting mainland Chinese city Zhuhai and the two Special Administrative Regions of Hong Kong and Macau, according to CNN. The Hong Kong-Zhuhai-Macau Bridge stretches 55 kilometres along the Pearl River Delta and also comprises of a 6.7-kilometre long submerged tunnel connected by two artificial islands. The tunnel is made of 33 ...
Read MoreReal Estate Investment Drives Myanmar Economy
A booming property market in Myanmar has seen real estate rank in the top three of sources for foreign direct investment in the last year. USD1.2 billion in FDI flowed into the country's real estate sector in the fiscal year 2017-2018, trailing only the USD1.7 billion that went into manufacturing in the same period, according to a report by the Directorate of Investment and Company Administrati...
Read MoreVinhomes to List on Hcmc Stock Exchange
Vietnam’s largest property developer is listing 2.7 billion shares on the Ho Chi Minh City Stock Exchange (HoSE) for its luxury villa and serviced apartment subsidiary Vinhomes. Hanoi-based Vingroup was established in 2014 owns 69.67 percent of Vinhomes’ charter capital which it has listed with a value of USD1.17 billion. Vingroup owns multiple realty brands including Vinhomes Royal City (Ha...
Read MoreLiquid Applied Membranes
Waterproof Your Rooftop Before Raining Season As the raining season is coming soon, it is important to secure the waterproofing of your home or projects. Waterproofing companies propose different options following customer’s needs: torch-on sheet membrane, PVC base membrane, wet-applied membrane, etc… Another economical, fast and easy-to-use option to consider is liquid applied membranes (LA...
Read MoreIron Bridge Officially Opens for Public
Iron bridge checked and tested The construction of the iron bridge connecting Russey Keo and Chhroy Chongva districts has been completed and it opened to the public on the evening of 8 May according to the Phnom Penh Municipality. “There will be an opening ceremony this evening, and after the ceremony we will open the bridge for public,” said Phnom Penh Municipal spokesman Met Measpheakdey. ...
Read MoreExpert Predicts Kampot and Kep to Be Focus of Next Real Estate Boom
Kampot and Kep are slated to be the focus of a real estate boom in Cambodia over the next 10 years, in the footsteps of the three main cities, Phnom Penh, Siem Reap and Sihanoukville. Sorn Seap, founder, and director of Key Real Estate Co., Ltd. and former vice-president of the Cambodian Valuers and Estate Agents Association (CVEA), sees great potential in Kampot and Kep, and also expects the a...
Read MorePM Breaks Ground on US$200m NR3 Improvement Project
Prime Minister Samdech Hun Sen presided over the groundbreaking ceremony of the National Road No. 3 improvement project connecting Chom Chao to Kampot town on 7 May. The improvement project runs 134 kilometres connecting Chom Chao to Bek Kus and then to Kampot town. From Chom Chao to Bek Kus, the road will be broadened to four lanes of 24.5 metres wide using asphalt concrete. From Bek Kus to Ka...
Read MoreScg Strengthens Brand in Asean at Architect Expo’ 18
Siam Cement Group (SCG) showcased their range of innovative building material products and home & living technology under the concept “Passion for Better Living” at the Architect Expo’ 18 in Bangkok Thailand. Held on 1-6 May at Impact Muangthong Thani, SCG invited key stakeholders from ASEAN countries where they have offices including Cambodia, Laos, Indonesia, Myanmar, Philippines, and Vie...
Read MoreSave Electricity, Save the Environment, Save Money
According to a report by the General Department of Energy, due to the fast economic growth in the past five years, Cambodia's energy consumption has increased significantly with electronic products being one factor. In response to this environmental issue, LG has recently introduced its latest updated air-conditioner to the market - the LG Dual Inverter 2018. The unique feature of this latest AC ...
Read MorePhnom Penh Municipality Diary: March – April 2018
Phnom Penh Governor inspects railway and road reconstruction site (02 March) Phnom Penh Governor Khoung Sreng led expert team to inspect the construction of a concrete road section connecting National Road No. 5 to Tonop 70 road. In addition, the team also conducted the study on the impact of the railway construction site that would affect the locals in the area as well. Toul Kork water ...
Read MoreA History of Quality Sports Construction in South East Asia
When the founders of Sports Engineering And Recreation Asia Ltd (Seara) first established their presence in Bangkok in 1991, a strategic decision was made to only build to international standards. This was not only a business marketing strategy but an important branding strategy that would take years to pay off. “We saw in markets like Singapore and Kuala Lumpur that certain segments of sports con...
Read More
