Business and Market
Azza Decor Brings Italian Luxury to Cambodia
With its official inception in Cambodia in November 2015, Azza Decor (Cambodia) Co.Ltd is the first sole supplier of various Italian luxury decoration brands to the Cambodian construction market. Azza is now the sole distributor in Cambodia of Italian luxury tiles, sanitary ware and wallpaper with brands like Versace, Valentino and Atlas Concorde. While having already received exclusive righ...
Read MoreHuge Investment Drop Worries Malaysia
Malaysian authorities have expressed concern at the impact that a 70 percent drop in real estate investments between 2014 and 2015 may have on other areas of the economy. Approved investments in Malaysia’s real estate sector fell from $21.67 billion in 2014 to just $6.58 billion in 2015 according to the Malaysian Investment Development Authority (MIDA) International Trade and Industries Ministe...
Read MoreOCIC WINS AT PROPERTY AWARDS SWEEPS PROPERTY AWARDS
Cambodia’s leading developer, OCIC wins award and is highly commended in two categories at the Cambodia Property Awards on 25 February. Overseas Cambodian Investment Corporation (OCIC) won the Best Mixed-Use Development prize for Olympia City, while its flagship project was also highly commended for the Best Development award. OCIC itself was highly commended in the Best Developer category. ...
Read MoreCASA MERIDIAN LAUNCHES PHASE 2 SALES
After breaking ground in June 2014 and opening sales for its primary properties, the twin-tower Casa by Meridian condominium launched its phase two sales in late January for its residential units. Inspired by the rapid sale of 84 shophouse units, the five-star condominium is now offering clients the opportunity to purchase the 512 unit condos available comprising one-to-three bedroom apartments...
Read MoreCENTER CITY A JEWEL TO MAKE TA KHMAO SHINE
2018 will see Ta Khmao city transformed into a real estate development hub thanks to the construction of the first large-scale residential and commercial development project called Center City Ta Khmao. Located just south of Phnom Penh along the Tonle Bassac riverfront, the Center City Ta Khmao complex is to be built on a 15,463 square metre plot with 10,668 square metres of beautified landscap...
Read MoreEMERALD + TO LEAD IN PROPERTY MANAGEMENT
Established in 2016 after six months of trial operations, Emerald+ is aiming to distinguish itself by being the first local real estate agency specialising in professional property and facilities management services. A partner of the Singapore-based UEMS Facilities Management Group, Emerald+ prides itself on excellent customer services for property management, modern office spaces, meeting room...
Read MoreBosch’s 2015 Sales Surpass €70bn
Robert Bosch, a world leader in technologies and services, announced that its 2015 sales exceeded €70 billion for the first time in its history—marking a 10 percent growth against 2014 sales of about €65 billion. Driven mainly by an increasing number of solutions for the connected world, the growth varied among its four business divisions, according to the company’s press release published in e...
Read MoreMeng Leng Eav Opens Innovative Showroom
With Meng Leng Eav Group’s innovative new showroom now open, customers and visitors will have more satisfying and compelling experience when sourcing their needs from the largest supplier of power tools and agriculture and engineering equipment in Cambodia. Located along Mao Tse Tung Blvd in front of Chinese Embassy, the 3-floor showroom was officially launched on 26 February and doesn’t only s...
Read MoreCCA Hosts Four Events in Three Days
December 3-5, 2015 heralded a great milestone for the Cambodia Constructors Association (CCA) as it successfully hosted four consecutive events to promote its members and the building and property industries in Cambodia: the 4th Annual Summit, 2nd Construction Expo, 4th CCA Business Networking Party, and the Construction Development Seminar. The CCA was founded under the initiation of the Minis...
Read MoreMeridian International Holdings: Like No Other
In a growing economy, one can see construction cranes and development projects overwhelming cities with the building of high-rise towers and modern malls while fancy restaurants and eateries including fast food chains and cafés challenge for space to whet the appetites of a population becoming exposed to the better things in life. That is the barometer of economic growth, and this is the new Phnom...
Read More