Inappropriate Renovations Cause Building to Collapse in Siem Reap
The collapse of a French colonial building on Sunday in Siem Reap during renovations was caused by an inappropriate renovation and a lack of construction techniques, according to a government official.
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Cambodia’s Economy to Grow at 7.2% Driven by Strong Construction Activities
The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that Cambodia’s economy is to grow at 7.2% in 2018, supported by strong construction activities and other important sectors such as garment manufacturing and tourism-related services. The forecast came as a result of AMRO’s preliminary assessment following its Annual Consultation Visit to Cambodia on September 4 to […]
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China Dominant in Cambodia Property and Tourist Sector
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.
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Real Estate Agent UAS Sees Bright Future for Retail Malls
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,
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After Deadly Quake, Indonesians Urge Return to Traditional Building Methods
Photo by nl.wikipedia.org After the collapse of modern concrete buildings was responsible for a high death toll and homelessnessfollowing the deadly earthquakes in Indonesia, many have called for a return to traditional construction methods using natural materials. The Associated Press reported that 436 people died as a result of the 5 August earthquake on the […]
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Cambodia Needs Over 100,000 Hotel Rooms by 2030
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.
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Eurocham’s Breakfast Talk Marks a Milestone on Energy Outlook
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding “Bloomberg’s 2018 New Energy Outlook” on 30 August 2018,
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Phnom Penh to Become Trade Hub for Foreign Investors
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
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MLMUPC Minister Orders Shutdown on Recognition of Unregistered Property Transfers
Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has ordered the respective authorities to stop checking and certifying property
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PM Hun Sen Urges an Increase in Stamp Duty
In a visit to garment workers on Wednesday 15 August, Prime Minister Samdech Techo Hun Sen urged the Ministry of Economy and Finance (MEF) to revise the country’s ‘stamp duty’, or property transfer tax, saying the current tax is too low.
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