Knowledge and Key Success
Experts: Humidity in air conditioning can spread COVID-19
Can coronavirus be transmitted through the air? This question has not yet been fully scientifically proved. However, there is some evidence that scientists believe that COVID-19 can be spread through droplets from AC, depending on the design of the air conditioner. Evidence that COVID is capable of transmitting through air-conditioning systems Studies found that workers […]
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EuroCham hosts breakfast talk on investment opportunities in the real estate sector
EuroCham hosted a breakfast talk on Investment Opportunities in the Non-residential Real Estate Sector, including the impact of COVID-19 and EBA removal on the sector on 12 March 2020 at Topaz Restaurant, Phnom Penh. A wide range of key potential areas of the Non-residential Real Estate Sector was discussed during the event including construction safety, […]
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Comin Khmere supports site visit for students studying construction law
Comin Khmere, a subsidiary of Comin Asia Group and one of the country’s leading engineering solutions provider, is helping drive the understanding of construction best practices, focusing mainly on safety and quality. In line with the government’s goal to promote safety at construction sites, Comin Khmere supported the organisation of a study tour for 8 […]
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AI to develop real estate sector in Cambodia
Artificial intelligence, commonly known as AI, will soon take over and promote the real estate sector in Cambodia. The future of AI in the Cambodian real estate industry is about to be realized following the signing of a Memorandum of Understanding between Z1 Data Co., LTD (Cambodia), a company that uses artificial intelligence (AI) to […]
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Samdech Techo asks developers to delay real estate payment for workers
Covid-19 respiratory infections have caused negative effects on the economy and in particular in the property sector. In response, Cambodian Prime Minister Samdech Hun Sen requested real estate companies to provide workers with compensation and delay payments as much as possible. The request was made at the opening ceremony of National Road 55 and National […]
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12 Cambodian nominees become ASEAN architects
The 12 nominees of the Cambodian Architects of Board of Architects Cambodia have been officially approved as ASEAN Architects, according to the official Facebook page of the Ministry of Land Management, Urban Planning and Construction on 3 March 2020. H.E Chea Sophara, Deputy Prime Minister, the Minister of Land Management, Urban Planning and Construction, as […]
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PM postpones construction projects to fight against COVID-19
Construction projects scheduled to start in 2020 must be postponed due to COVID-19, according to Samdech Techo Hun Sen’s speech on 3 March 2020 at the 2019 Annual Review Conference and the 2020 Ministry of Health’s Continuing Direction. “Any construction sites that have not been built must be suspended, except for foreign-funded or Cambodia’s budget […]
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Property buyers turning their attention to affordable housing
The demand for affordable housing continues to increase as the number of middle-class citizens continues to grow. Thus, developing affordable housing as well as high-quality commercial offices will likely be the major focus for the year 2020, according to local real estate experts. The real estate sector, which is the core of Cambodia’s economic growth, […]
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Gov’t calls for property developers to join with stamp duty tax exemption
The government has called on property developers to lower the cost of housing given that property tax on properties worth less than US$70,000 will be exempted from tax duty for a year in 2020. On the morning of 02 March 2020, H.E Kong Vibol, Director General of General Department of Taxation, urged all property developers […]
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Economics Ministry cautions the public on property fraud
The Ministry of Economy and Finance has warned the public to be more cautious while buying and selling property and issued a basic checklist of necessary legal requirements for all citizens to consider before making any transactions. In the statement announcing the checklist, the Ministry of Economy and Finance mentioned two main types of property, […]
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