Safety Training Centre Initiated

Amid the current building boom, thousands of construction workers in Cambodia risk their lives for a daily fee of less than USD10. To tackle this issue, an initiative to establish the first construction safety training centre is underway and hoping to start training workers soon. After witnessing the lack of professional certified safety training in Cambodia, Stephen Bradley, managing director ...

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Cooling Vietnam’s Hot Property Market

Having experienced surging growth amid stagnation in other ASEAN markets, Vietnam’s property sector has had cooling measures imposed by a government nervous of the market overheating. The State Bank of Vietnam announced that from 1 January 2017, commercial institutions will be allowed to use no more than 40 percent of short-term funds for mortgages and other real estate lending. Credit exposure...

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Asia Pacific Commercial Investment Tumbles

Total commercial property investment turnover in Asia Pacific tumbled by 36 percent in Q1 2016 according to a CBRE report. CBRE’s Q1 2016 Market view blamed the decline on a weaker economic environment, stock market volatility and risk-averse investors, although it did note that Asian investors remain confident. Chinese investors in particular have remained active, especially in Hong Kong wh...

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Japanese Investors Lead in Vietnam

A stable economy, robust real estate market and a dynamic, savings-focused young population are attracting significant numbers of Japanese property investors to Vietnam. Japanese firms Sanyo Homes, Creed Group, Hankyu Realty Co Ltd, and Nishi-Nippon Railroad Co have all entered partnerships with Vietnamese companies this year to invest in mixed-use and residential property developments in the s...

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ASEAN Resorts Look to the Skies

Airport upgrades and new constructions are taking place across ASEAN’s top resort areas to increase tourist numbers and drive their real estate markets. According to Property Report, this trend aims to bring a number of positive local and regional benefits. Greater access and awareness through better connectivity serves as a catalyst for local investment and employment in improved tourist infra...

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Qataris Buy Singapore Tower

Asia Square Tower 1, a landmark premium Singapore office skyscraper has been sold to a fund to the Qatar Investment Authority (QIA) for USD2.45 billion, reports World Property Journal. The world class building has the largest floor plate in the iconic Marina Bay area and has been awarded Green Mark Platinum status. Rob Blain, Executive Chairman of CBRE Asia Pacific told World Property Journa...

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Real Estate Helps Drive Myanmar Growth

Myanmar’s real estate sector is at the heart of 2016 economic growth projected to be the fastest in the Asia Pacific region. The Asian Development Bank expects Myanmar’s economy to grow by 8.4 percent in 2016, thanks to a combination of political reforms and an easing of international sanctions which have seen an influx of international interest and investment to the nation. The Directorate ...

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Construction Slows But Home Loans Rise

Despite the recent statistics from the Ministry of Economy and Finance warning of a slowdown in the construction sector over the next five years, Cambodia’s commercial banks continue to see strong growth in housing loans. Leading high street banks such as Acleda, and CIMB saw significant growth in housing loans granted in the first five months of the year. According to a report in the Khmer Tim...

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ការពិនិត្យមើលក្បាលដីដោយឧបករណ៍រ៉ាដារបស់ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់

ក្រសួង​រៀបចំ​ដែនដី នគរូបនីយកម្ម និង​សំណង់ (MLMUPC) បច្ចុប្បន្ន​កំពុង​ធ្វើ​សេចក្តីព្រាង​សេចក្តីប្រកាស​ដែល​នឹង​បញ្ឈប់​សមត្ថភាព​របស់​សាលា​រាជធានី​ភ្នំពេញ និង​សាលាខេត្ត ក្នុង​ការ​ចេញ​វិញ្ញាបនបត្រ​សម្រាប់​ការលក់​ដី​ដែល​ក្រសួង​ចាត់ទុកថា​មាន​ហានិភ័យ​ខ្ពស់​។​ ​បញ្ហា គឺ​ចាប់បាន​នៅ​លើ​ឧបករណ៍​រ៉ា​ដា​របស់​ក្រសួង ដោយសារតែ​មាន​ការកើនឡើង​នៃ​ចំនួន​ប្រតិ​ប​តិ្ត​ការលក់ដែល​អ្នកលក់​ដី​មិន​បាន​ផ្តល់​ជូន​អ្នក​ទិញ​នូ...

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Regional “Cambodia Property Show” series forges path for offshore sales

Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural “Cambodian Property Show” at the Marriott hotel in Singapore last weekend. The show was another collaboration between Cambodia’s leading property portal website, Realestate.com.kh, and Asia’s leading property portal network, the PropertyGuru Group. The opening address from His Excellency Mr ...

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Positive Workplaces Make Successful Business

A business owner has so many things to consider on a daily basis that it’s not surprising that office improvement probably isn’t a top priority. However, a lot of business owners don’t realise the huge difference that the working environment has on employee productivity. Research shows that the effect of the work environment on employees is one of the most important aspects of a successful busi...

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New Procedures for Property Tax Collection

Starting from this June, all property ownership transfer or property with ownership rights in Cambodia must follow the new tax collection guidelines which aim to ensure transparency and convenience. The Prakas issued on 14 June 2016 by the General Department of Taxation of the Ministry of Economy and Finance states that for registered property (with title deed) that has the entirety of its owne...

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