Economy and Finance
Samdech Techo Hun Sen Announces Intent to Utilise US$170 Million Stadium for Extra Profit
Samdech Techo Hun Sen, Prime Minister of Cambodia, said that the new US$170 million national stadium funded by the Republic of China will be utilised to make extra profit. The Morodok Techo National Stadium is a mega stadium stretching over 82,400 square metres of construction area in Prek Tasek, Khan Russey Keo, Phnom Penh, which […]
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Kampot City to become tourism and agricultural product processing hub
The government has identified Kampot city as one of the most important tourist destinations and an agricultural product collection hub for exports to international markets, while the physical infrastructure in the coastal city remains under construction and development. According to the Urban Planning 2030 plan for Kampot city, the government aims to develop Kampot town […]
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Cambodia Architect & Decor 2019
The platform to create networking and business opportunities between international stakeholders and local Cambodia architects, project developers, interior designers as well as traders and distributors, will return on 6 – 8 June 2019 at the Diamond Island Convention and Exhibition Center, Phnom Penh.
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Thailand Condominium Market Facing Glut With More Than 450,000 Units Unsold
Thailand’s condominium market is seeing a glut with more than 450,000 units going unsold across the country in 2018, according to business media outlet Bloomberg.
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Chip Mong Retail Ground Breaks Community Mall in Russey Keo Area
One of Cambodia leading retail players, Chip Mong Retail, broke ground on another community mall located in the Russey Keo area on 26 April.
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CBRE: Phnom Penh Retail Supply Hampered in Q1 2019
International real estate agent CBRE Cambodia launched its Phnom Penh property market review report on 09 April 2019 which showed that retail supply was hampered during the first three months of 2019.
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US$8bn Deal Creates Largest Real Estate Group in Asia
Singapore-based real estate developer CapitaLand announced in January that it had reached an agreement with Temasek to purchase Ascendas-Singbridge Pte Ltd
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts.
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Two major associations to promote real estate valuation in Cambodia
Cambodia's robust economic growth is generating increasing prosperity in the real estate sector, reflected by an increase in real estate prices across the country.
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Largest Gathering Yet for Construction Industry at MBAM Onebuild 2018
The Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) held in collaboration with the Master Builders Association Malaysia (MBAM) successfully took place from 13- 15 November 2018 at Kuala Lumpur Convention Centre, Malaysia. This year, the exhibition managed to attract thousands of visitors from both the government and private sectors as well as international visitors from Australia, Japan, Cambodia, Korea, Mauritius, India and more. In addition, positive feedback was also received from exhibitors that many business transactions were initiated during the exhibition and it is estimated that there will be RM100 million (about US$24 million) in business transactions after the exhibition.
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