Business and Market
PESTECH Dreams Big in Cambodia’s Power Industry
While Cambodia hungers for increased megawatts of power capacity, Malaysian-owned power infrastructure provider Pestech International Berhad has increased its involvement in the kingdom’s power development
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Korea’s E-mart to Open in the Kingdom
Through a deal between local conglomerate Royal Group and Korea’s largest retail market operator E-mart, consumers in Cambodia will soon enjoy sourcing discounted products in this modern hypermarket.
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Price Differences Between Old and New Condominiums
Overseas buyers of condominiums in Phnom Penh are surprised by the fact that prices for newly- launched projects can be so much higher than buildings that were completed three to five years ago
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Prices Soar for Luxury Villas in Coastal Cities and Towns
The limited number of new luxury villas in Sihanoukville and Koh Rong has led to the increase in price for the villas as demand is relatively strong in this niche market.
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Property Investment as an Income – Producing Asset
Low interest rates on saving accounts encourage investors to buy properties as an income-producing asset. In Cambodia, more and more people are buying properties to lease out.
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Asia Square 2 in Capitaland’s Sights
CapitaLand, Singapore’s leading real estate developer and fund manager, is negotiating to purchase Asia Square 2 according to media reports.
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Scaffolding in the construction industry
Scaffolding is named after its area of application. Façade scaffolding is used for work operations on the front of a building façade. Besides working platforms, reinforcement and access scaffolds are utilised on construction sites.
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New China ASEAN Construction Club Born
To strengthen partnerships between the building industries in China and ASEAN, the China-ASEAN Construction Industry Cooperation Committee was established in May. The committee is the fourth building industry group spanning the two regions to promote business relations between Chinese construction-related firms and their ASEAN counterparts.
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Eco-Friendly Industrial Park Sets New Standards
Le Urban Eco Park is not only the first ecologically friendly satellite, but is also the first mixed-use development where an industrial zone, residential complexes, commercial office space, retail outlets and a pleasure zone are integrated into one. Located about 15 minutes from Phnom Penh International Airport along National Road 3, in Anlung Romeat Commune, […]
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Phnom Penh Price Rises Highest In Asia Pacific
Phnom Penh residential property prices rose an astonishing 26.2 percent in 2015, the highest of any city in the Asia Pacific region according to the Knight Frank Prime Asia Development Land Index. In H2 of 2015, the performance cooled a little with the cost of residential property rising by 10.6 percent. This placed Phnom Penh […]
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