Knowledge and Key Success
What is a Public Procurement Contract?
Have you ever wondered why some private companies frequently gain contracts to build large-scale government infrastructure projects while others did not? Do you know how those companies obtain the work from the government? These are all related to public procurement. What is a public procurement contract? And how does it work? Procurement is the process […]
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Forbes Reveals Five Key Real Estate Tech Tools Industry Professionals Should Explore
As the world is moving toward digitalisation, real estate industrial players must also keep themselves in trend, or otherwise will lose competitiveness. Forbes has recommended five new tech tools that real estate professionals should explore: 1.Virtual Tours As the COVID-10 pandemic has prevented clients and brokers from meeting in person, this tool is a new […]
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How Developers are Offloading their Stuck Residential Inventory in this Challenging Time
COVID-19 has impacted the residential market broadly with no significant improvements during the first quarter of 2021. There were almost no new condominium units launched for the first three months of this year, and most of the major developers are rushing to revamp their strategies, focused on making quick revenue in order to manage and […]
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Bentley Systems Launches Future Infrastructure Star Challenge 2021
Bentley Systems, the infrastructure engineering software company, has officially launched its global competition known as the Future Infrastructure Star Challenge 2021 to provide a space for the young minds of today to consider and solve the world’s toughest challenges. The global competition is open to students from community colleges, polytechnics institutes, and universities. The winner […]
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Cambodia, China Sign MoU to Strengthen Engineering Education
The Techo Sen Institute of Public Works and Transport of the Ministry of Public Works and Transport (TSIPWT) has signed an MoU with the Zhejiang Institute of Communication (ZJIC) of China to enhance the quality of engineering education. The signing ceremony was held on 24 June under the chairmanship of TSIPWT Director HE Hoeun Samneang. […]
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Evolutions of Retail Sector as Cambodia is increasingly digitally connected
Cambodia has reached over 20 million mobile phone subscribers by the Year 2020, most of which used smartphones. As Cambodia’s digital infrastructure continues to improve, this will release the untapped potentials in the ‘mobile internet-users market. The growing number of mobile phone subscribers using smartphones can eventually be translated directly into the markets of advertising […]
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5 Essential Things to Know When Owning Adjoining Property in Cambodia
Did you know that according to the Civil Code, the owner of a landlocked property/land can demand to build an access route passing through neighbouring lands? And if the neighbouring landowner does not agree to the request, you can file a complaint to the court? This is just one of the rights for adjoining property […]
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Future of Divided Land Plot Business in Cambodia: Is the Buyer the Victim?
A 32-year-old factory worker and also a divided land plot buyer who prefers to be called Da told Construction & Property News that she decided to buy a 5x20m plot of land along NR5 near Oudong because the price was low plus there was an affordable instalment program. She hopes one day she might make […]
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200-year-old Khmer house in Kratie to Become Provincial museum
Recognising the value of old architecture, the Kratie Provincial Department of Culture and Fine Arts is planning to transform a 200-year-old wooden house or known as the 100-pillar house, into a new provincial museum, according to the Ministry of Information on 2 June. Deputy Director of the Kratie Provincial Department of Culture and Fine Arts […]
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Understanding Property Leasing Contracts in Cambodia Based on the Civil Code
For most people, a property leasing contract is simply an agreement with two parties. However, if the lease is made on a large scale such as to a company or a foreigner, the leasing procedure or contract will require more steps and legal conditions to avoid disputes. Let’s find out. A lease contract is a […]
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