Views Vary on Future of Phnom Penh at Gac

  The recent announcement of the Phnom Penh Urban Master Plan provided the backdrop for a robust discussion on the future development of the capital among industry insiders at the 2nd Annual Global Alumni Convention (GAC) organised by IDP Education in January. December 2015 saw the Cambodian government adopt a comprehensive urban master plan for Phnom Penh to ensure the sustainability o...

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From Supply to Manufacturing: a Market Leader’s Perspective

For Meng Leng Eav Co. Ltd, regional economic integration will not result in any significant impact on business. Cambodia’s leading specialist in supplying quality power tools, agricultural, and engineering equipment currently distributes over 10 exclusive and another 5 non-exclusive brands after first establishing the business over 20 years ago. In today’s more competitive environment, the company...

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Setting Up a Joint Venture: the Risks and Realities

Joint ventures (JVs) in the construction industry are common around the world. Although more companies in Cambodia are entering into such business agreements, the concept is still not widely understood here. A contractual JV could be an unincorporated or incorporated arrangement among firms created by a contract, usually referred to as a JV agreement, to develop a specific business opportunity....

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Industry Leaders to Consider ‘phnom Penh in 2020’ at Gac

A panel of industry leaders will debate what Phnom Penh will look like in 2020 at the 2nd Annual Global Alumni Convention (GAC) on 29-30 January 2016. This annual alumni networking series brings together leaders from industry and governments around a series of interactive panel discussions and social functions to debate the hottest topics facing contemporary Cambodia. The GAC is organised by ID...

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First-Time Investment Property Buyer?

Stepping up to purchase your very first investment property represents a large financial commitment, and is probably one of the first major financial risks you will take in your life. So, how do you ensure you are not buying a lemon when looking for your first investment property? Here is the right start, from Realestate.com.kh: 1. Do you know your own strategy clearly? The basis of a suc...

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Rethinking the Real Estate Paradigm

The real estate industry is booming, not only in Cambodia but across most of Asia. But according to Alexander Evengroen, General Manager of Khmer Real Estate Co., Ltd and Chief Adviser to the Cambodian Valuers and Estate Agents Association (CVEA), Board of Directors and the ASEAN Valuers Association (AVA), the biggest problem facing the industry is too much talk and too little action which requ...

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Where Will We Go in 2016?

In 2016, we expect to see a steady housing market that will grow along with the economy. I predict a healthy growth in both real estate sales and prices, similar to what we saw in 2015, although at a slightly slower pace. 2016 should be much more predictable and stable than past years. We know that many people are looking at the future and what will happen to the economy in Cambodia. Having sai...

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