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ខ្មែរ Knowledge and Key Success
Government Reviews CLV Triangular Zone Development
- 24 May 2019
Photo by National Assembly of Cambodia The Cambodian government has reviewed the latest progress in the CLV (Cambodia-Laos-Vietnam) triangular zone, saying that significant progress has been made in development on the economy, social initiatives, and security along the border. In remarks shared in a meeting led by H.E. Pan Sorasak, Minister of Commerce and Chairman of National Commission for...
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Macau Casino Operator Eye Business Expansion in Siem Reap
- 23 May 2019
Macau project in Laos by Insite Asia Gaming គម្រោងរបស់ម៉ាកាវនៅប្រទេសឡាវ ដោយ Insite Asia Gaming Casino hotel company Macau Legend Development Ltd is planning to expand its business to Siem Reap, said the company. Speaking with Inside Asia Gaming on 22 May, the company’s Executive Director Mr Sheldon Trainer said that the company is now working on the procedure of purchasing land near the tour...
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Top Chinese Steel Manufacturer Mulling Moving Blast Furnaces to Cambodia
- 23 May 2019
Photo by Xinhua China’s top steel manufacture, China Baowu Steel Group, is conducting a feasibility study to move its blast furnaces from Xinjiang to Cambodia in late 2019, according to Reuters. Speaking to Reuters, an unnamed senior Baowu manager said that the company is studying the possibility of shipping two blast furnaces capable of producing 3.1 million tonnes of metal and two converte...
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Chinese Experts to Help Cambodia Design Master Plan of Preah Sihanoukville Province
- 23 May 2019
Chinese experts from the urban planning and design institute in Shenzhen city will start designing master plan for development in Preah Sihanoukville province, after a senior official explained that a master plan is important for the government which considers Preah Sihanoukville province as a multi-purpose economic zone. In a recent meeting with H.E Cham Prasidh, Senior Minister and Minister o...
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Increasing Capacity of Water Treatment in Sihanouk City Approved
- 23 May 2019
Photo by Ministry of Public Works and Transport Inter-ministries have agreed to upgrade capacity of 4 wastewater treatments in Preah Sihanoukville province from 25,000 cubic meter to 30,000 cubic meter aiming to restore environment in the province. The upgrading of capacity of wastewater treatment is scheduled to be completed ahead of 2022, when Preah Sihanoukville province hosts ASEAN Summi...
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Luxury Branded Residences on Rise in Asia Pacific
- 22 May 2019
The majority of branded residential projects currently under construction globally, equaling 27%, are now located in Asia Pacific, according to a new Savills report. 120 completed, operational branded residential schemes are located in Asia Pacific with Thailand having 6% of schemes globally, making it the world's third biggest country market. Bangkok is one of the world’s biggest urban markets...
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Malaysia’s East Coast Rail Link to Proceed After Costs Slashed
- 21 May 2019
After cancelling the Chinese-sponsored East Coast Rail Link in February 2019 due to concerns about the huge price tag, the Malaysian government has announced work will restart after costs have been slashed by US$5 billion. The first two phases of the 688km rail link will cost about $10.6bn, rather than the original estimate of $15.9bn, according to a statement from the office of Prime Minister ...
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Competition Rises in Phnom Penh’s Retail Property Market
- 21 May 2019
Competition is increasing in Phnom Penh’s retail property sector as developers build new retail centres. New community malls and shopping centres that are set to be complete or open include Phnom Penh Megamall (formerly Parkson Mall), The Bridge, Downtown 93, Noro Mall and Olympia Plaza Mall. These new developments will increase total retail spaces to approximately 300,000 square metres. The re...
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FC Barcelona New York Academy Developers Visit Cambodia to Provide Us Immigration Opportunity
- 17 May 2019
FC Barcelona New York developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them the opportunity to immigrate to the United States under the US government’s EB-5 immigration program. FC Barcelona New York Academy Developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them a chance to immigra...
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Value-based Asset Development Management
- 16 May 2019
By Michelangeloop The real estate industry is often defined as the process of buying and selling properties. In the 21st Century, real estate has grown into an industry that attracts professionals in fields including asset management, facilities management, and valuation and real estate. What are the differences between these roles? Asset Management: Jones (2008) defines asset management ...
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