EuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector

The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry - A Case for Following RICS Standards" on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how experiences within the secto...

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Chinese & Local Firms Mull Building 200ha Factory Complex in Kampong Speu

Kampong Speu Provincial Governor HE Vy Samnang has confirmed that a group of local and Chinese companies are expressing interest in setting up a 200-hectare factory complex in Kampong Speu province. This project was mentioned during a recent meeting between representatives of investment companies and HE Vy Samnang. "The firms have already presented investment plan to establish the factory co...

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Two Local Firms Co-Establish Standardised Training Program for 1,000 Real Estate Agents

LSCG Real Estate and Milky-Way Reality Investment Plc have jointly invested US$1 million to establish a standardised training program for 1,000 real estate agents nationwide. The training will be based on a new modern Chinese technology, aiming to equip agents with know-how skills and keep them updated with current trends in the digital world. LSCG CEO Ly Sok Chhay said that this training pr...

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CCA Chairman Urges Khmer Youth to Embrace Technical Skills Amid High Job Demand

Neak Oknha Pung Kheav Se, Chairman of the Cambodia Constructors Association (CCA), the Board of Canadia Group and OCIC, has urged young Cambodians to embrace technical skills more as Cambodia lacks human resources in this sector. Neak Oknha said that for young people who wish to study technical skills, whether construction, engineering, or technology, as long as it is technical-related major, t...

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Taiwan Seeks Business Partners in Cambodia’s Construction Sector

Taiwan’s Commerce Development Research Institute (CDRI), an institute funded by Taiwan’s Ministry of Economic Affairs, has expressed its interest in seeking business and trade opportunities in Cambodia’s construction sector through its ASEAN Market Development Project. With the focus shifted to Cambodia this year, the project aims at connecting experts and businesspeople from Cambodia and Taiwa...

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CCA Embraces Online Approach to Promote Connectivity Among Members Amid Pandemic 

The Cambodia Constructors Association (CCA) continues to embrace an online approach to help promote business activities, knowledge, and connectivity among its members and non-members amid the pandemic. CCA Secretariat General Manager Mr Chhiv Sivpheng said that the association has been active, at least on the online platform, even during the lockdowns and afterwards. “We have been organising...

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Experts Share 6 Key Adaption Strategies to Survive While Waiting for Property Market Recovery

Local analysts are optimistic that the real estate market and the economy as a whole, could recover in early 2022 after the COVID-19 pandemic subsides. However, from now to early 2022 is quite a long time to survive especially for businesses that are highly affected by the pandemic. Besides, the beginning of 2022 is only a forecast recovery timeline, which will or will not happen as predicted. ...

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Lennar Named #1 Homebuilder Worldwide on FORTUNE Magazine’s 2021 List of ‘World’s Most Admired Companies’

Lennar Corporation, the leading homebuilder in the United States has been named #1 Most Admired Homebuilder on FORTUNE Magazine’s 2021 List of World’s Most Admired Companies. “This recognition is a testament to the extraordinary efforts and dedication of all Lennar Associates in delivering exceptional quality homes while providing an excellent customer experience,” said Stuart Miller, Executive...

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Malaysian firms seek business partners within the construction sector in Cambodia

Many Malaysian firms have expressed their interests in investing and establishing business partners within the construction sector in Cambodia, especially after the COVID-19 pandemic subsides, demonstrating a positive growth sign for the sector in the post-pandemic period. The investment consideration was unveiled during an online meeting last weekend between the Cambodia Constructors Associati...

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Strong Fiscal Support, New Trade Opportunities, Growth in FDI are Key Drivers for Cambodia’s Post-Pandemic Recovery

A special report by DHL researchers has expressed optimism that Cambodia will recover quickly from the pandemic crisis due to three main factors including ongoing fiscal support, new trade opportunities, and expected growth in FDI inflows. Published in the Business Times in early March, the report stated that the first driver of growth for Cambodia is the strong support from the government thro...

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