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ខ្មែរ Business and Market
Cambodia’s Largest Construction Exhibition to Kick Off in November
- 21 November 2018
Cambodia largest construction expo, the ‘Cambodia Constructors Industry Expo 2018’, is set to kick off in November bringing together more than 300 exhibitors and thousands of exhibition goers. After being successfully hosted for more than four years, the Cambodia Constructors Association (CCA) is organising its annual event that brings together high-ranking government officials, professionals, ...
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Boeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk
- 16 November 2018
While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply. This reflect the recent real estate report compiled by one of Cambodia largest property appraisal Vtrust Appraisal Cambodia showing that apartment in Sangkat Boeng Kak Ti Pir has become the largest market leader among other Sangkat...
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Booming Construction Industry Drives Brick Production in Cambodia
- 14 November 2018
Photo by Compassionate Eye Foundation Thanks to the booming construction industry, brick kilns in Cambodia have significantly expanded across the country to capitalise on this growth. The number of brick kilns has grown dramatically over the last 10 years, as well as the means of production. According to Mr Veng Heang, Director of the Child Labour Department of Ministry of Labour and Vocatio...
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Phnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
- 13 November 2018
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors. With household wealth estimated to be worth US$1.5 trillion and annual purchasing power in 2017 of US$938 million combined with a high level of domestic prejudice, China’s 90 million-stro...
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European Paint is Capturing Cambodian Market With Launch of New Product
- 3 November 2018
European's exterior paint has captured Cambodian market while delivering new product with 2X better performance. Global leading paint manufacturer, JOTUN, recently has revealed its market potential, especially in Cambodia, thanks to the support from its customers. Speaking at the launch of JOTUN's new product on 02 November, 2018, Mr Tan Keng Khoon, Sales and Marketing Manager, said that ove...
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Property Sector Contributed Millions of Dollars to Cambodia in 2018
- 31 October 2018
The robust performance of the property sector has generated millions of dollars to Cambodia in 2018, according to the General Department of Taxation (GDT). H.E Kong Vibol, Delegate of Royal Government of Cambodia, In Charge as Director General of General Department of Taxation (GDT) told reporters at the recent ‘Tax Forum’ that property tax collection in 2018 is very strong compared to last yea...
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ADB Provides Us$30 Million for Tourism Infrastructure Development Projects
- 24 October 2018
Cambodia has signed agreements with the Asian Development Bank (ADB) worth more than US$30 million for tourism infrastructure development projects in two provinces, according to a press release from the Ministry of Economy and Finance (MEF). On 24 October, 2018, Cambodia and the ADB signed four financing agreements worth more than US$250 million of which US$30.89 million is for tourism infrastr...
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The Advantages of Cambodians Purchasing Real Estate Under the Portugal Golden Residence Permit Program
- 24 October 2018
With the backdrop of the Atlantic Ocean, the century-old rustic architectural backdrop and wooden trams are frequent sights in this ancient city of Portugal. Perched on the edge of Europe, the capital city of Lisbon boasts an average of 2,799 hours of sun and earned its nickname as the sunniest city. Portugal’s national drink, ‘porto wine’, and the freshly baked pastel de natas, better known as th...
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Three Types of Property in Phnom Penh Show Post-election Positive Change
- 22 October 2018
Photo by CBRE Cambodia Three types of property in Phnom Penh showed positive change in the third quarter following the national elections in July, according to a press release from CBRE Cambodia on 19 October, 2018. Titled "Investment On The Up: Next General Election", the report shows that condominium, office and retail markets have increased significantly after the July general election. ...
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Booming Construction Sectors Attracts More Than Us$5 Billion in FDI
- 18 October 2018
Over the last 10 years, the construction sector has grown rapidly and attracted billions of foreign investment while creating tens of thousands of jobs. In fact, during an 18-year period (2000-2018), the Ministry of Land Management Urban Planning and Construction (MLMUPC) has granted construction permits to foreign investors worth US$5.4 billion over a total construction area of more than 15 mi...
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