Business and Market
Cambodia, Vietnam to Connect New Sea Tourist Destinations
Cambodia and Vietnam have agreed to boost cross-nation tourism by connecting Kampot Tourism Port and Bai Vong Tourism Port as well as co-creating cruise packages for tourists. According to the bilateral meeting on tourism cooperation between Cambodia and Vietnam on 10 October, both parties have agreed on multiple action plans for 2023-2024 as follows: 1) […]
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Nestle Mulls Building Production Factory in Cambodia
Nestle, one of the world’s largest food and beverage companies, has unveiled its business plan to build a production factory in Cambodia to replace imports from abroad. The plan was raised by the Nestle Thailand Country Director Mr Chandana Fernando in a meeting with Minister of Commerce HE Pan Sorasak, earlier this week. According to […]
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ERA Cambodia Officially Inaugurates New Headquarters in Phnom Penh
ERA Cambodia, one of Cambodia’s leading real estate companies, has recently inaugurated its new international-standard headquarters, which will serve as a One-Stop Service for clients, real estate agents, and property developers. The new office is equipped with modern facilities such as a reception zone, real estate showrooms, meeting and training rooms, meeting rooms, among others. […]
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PM Hun Sen Officially Inaugurates US$180-million Hyatt Regency Phnom Penh
The US$180-million Hyatt Regency Phnom Penh invested in by Chip Mong Group was officially inaugurated in the presence of Prime Minister Samdech Hun Sen on Wednesday 15 December. During the ceremony, PM Hun Sen said that this five-star hotel is another achievement for the whole Cambodian society, not just for Chip Mong Group. The hotel […]
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Affordable Housing Projects to Gain More Momentum in 2022, says Expert
Real estate expert and President of KW Cambodia Dr Kim Heang has projected that the borey market will remain strong in 2022 and at least for the next 5-10 years, citing low to mid-range types will be in high demand . Dr Kim Heang said boreys that are in strong demand will be those priced […]
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Real Estate Firm JS Land Plc Receives In-Principle Approval for Stock Listing
JS Land Plc, a housing developer, has received in-principle approval for a stock listing on the Cambodia Securities Exchanges (CSX). The approval was made in an official meeting on the non-banking financial service sector held on 13 December under the presidency of HE Aun Pornmoniroth, Minister of Economy and Finance. In the meeting, the non-banking […]
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Chip Mong Land Officially Breaks Ground on New Residential Project `Parkland Pochentong`
One of Cambodia’s leading real estate developers Chip Mong Land broke ground on Saturday 4 December on its brand-new residential development project—the Chip Mong Parkland Pochentong—marking the firm’s new commitment to boost the market potential of the Pochentong area. Located in a prime location just 2 minutes from the current Phnom Penh International Airport, the […]
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Golden Park Officially Breaks Ground on Borey The Natural in Chroy Changva Area
Advertorial Golden Park has held the ground-breaking ceremony for its new residential project The Natural, an innovative green community stretching over 60 hectares of land along NR6A in the Chroy Changva area. Held on 4 December, the ground-breaking ceremony was attended by the management of Golden Park and hundreds of guests. To celebrate the ground-breaking […]
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L’attrait Successfully Completed in Spite of Pandemic
L’attrait BOEUNG KENG KANG, the first high-end Japanese-developed condominium project in Boeung Keng Kang 1, has been completed and is fully operational from November onwards despite the impact of the COVID-19 pandemic. The construction comprises of 26 storeys and 149 units which includes a mix of studios, one bedroom, two bedroom and penthouse units. The […]
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MLVT: Surge in High-Rise Building Constructions Uplift Demand for Skilled Human Resources
The recent surge in high-rise building constructions in Cambodia has scaled up the demand for skilled human resources in the elevator business sector to a large extent, according to the Ministry of Labour and Vocational Training (MLVT). MLVT Secretary of State HE Pech Sophoan made this remark at the opening ceremony of the training course […]
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