Knowledge and Key Success
Jcb Launches New Midi Excavators
Building on the successful introduction of next generation 6, 8, 9 and 10 tonne midi excavators last year, JCB is releasing four additional models, with operating weights of 4.8-5.7 tonnes. JCB is the world’s third largest manufacturer of construction equipment. With 22 factories around the world, the company manufactures more than 300 different machines serving various industries especially th...
Read MoreProperty Acquistition Awareness in Cambodia
Before buying real estate in Cambodia, the buyer needs to be aware of basic background details related to the property. It is quite important to have a professional conduct due diligence to determine the form of property title, nature/use of land, location specifics; as well as associated risks. A proper search should reveal the legal status of owner, whether there are current or former encumbr...
Read MoreTaiwanese Investors Bank on Capital’s Property Boom
Taiwan is no longer the paradise for landlords it once was in the past. Gross rental yields are now unusually low, which is often a sign of an overvalued market. It is common for high-net worth investors to own more than one property for their own use. Wealthy Taiwanese having excessive savings is one of the factors that have driven speculation in overseas property markets such as Cambodia.Thes...
Read MoreChinese Plan Mega-Resort for SihanoukVille
As part of the One Belt, One Road strategy, a group of Chinese investors have announced a plan for a USD3 billion international resort development project in Sihanoukville province to capitalise on the Kingdom’s prospering tourism industry. The Meas Prak (gold and silver) Beach Resort Development Project will be developed on 337 hectares of land, some 18kmfrom Preah Sihanoukville and 7.3km from...
Read MoreCambodia Property Awards 2017 Launched
The Cambodia Property Awards 2017 were launched at the beginning of July, signaling the second time the region’s most prestigious real estate awards have hosted a round in the kingdom. A formal press conference on 6 July 2016 at the Empress Room of Raffles Hotel Le Royal was followed by an evening launch party at the Chinese House in Phnom Penh. The inaugural ceremony that took place on 25 Febr...
Read MoreInterior Design Key to Success
There is little doubt that the ASEAN Economic Community (AEC) will continue to spur the growth that has caught the eyes of investors across the globe on Cambodia. For new businesses, franchise opportunities or head offices, architecture and interior design can play a large role in success. First impressions make a big impact, and impact is what investors are looking for. A quality interior c...
Read MoreRegional “Cambodia Property Show” series forges path for offshore sales
Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural “Cambodian Property Show” at the Marriott hotel in Singapore last weekend. The show was another collaboration between Cambodia’s leading property portal website, Realestate.com.kh, and Asia’s leading property portal network, the PropertyGuru Group. The opening address from His Excellency Mr ...
Read MoreNew Procedures for Property Tax Collection
Starting from this June, all property ownership transfer or property with ownership rights in Cambodia must follow the new tax collection guidelines which aim to ensure transparency and convenience. The Prakas issued on 14 June 2016 by the General Department of Taxation of the Ministry of Economy and Finance states that for registered property (with title deed) that has the entirety of its owne...
Read MorePositive Workplaces Make Successful Business
A business owner has so many things to consider on a daily basis that it’s not surprising that office improvement probably isn’t a top priority. However, a lot of business owners don’t realise the huge difference that the working environment has on employee productivity. Research shows that the effect of the work environment on employees is one of the most important aspects of a successful busi...
Read MoreEuroCham RECC Supporting Standards
Since its inception in Cambodia in 2011, the European Chamber of Commerce (EuroCham Cambodia) has been investing significant effort toward assisting the development of the real estate and construction industries in Cambodia and bringing benefits to companies and bodies. The recently-released EuroCham “White Book 2016” contains practical, research-based recommendations which, if implemented, wou...
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