English 
ខ្មែរ Business and Market
10-Year-Old Condos in GTA Cost 19% More Than When Newly Built
- 13 May 2022
On 9 May, Tokyo Kantei announced the results of its Survey on ‘Resale Value (RV) of 10-Year-Old Condominiums in the Greater Tokyo Area for 2021.’ The study focused on 9 -10-year-old secondhand condos listed throughout 2021 and compared them to their original listed price when brand new; data of which Tokyo Kantei is the go-to resource for realtors when looking up brand new condo prices for thei...
Read More
CDC Approves Four Investment Projects Worth Over US$13M in PP, Kandal, Kampong Speu & Takeo
- 11 May 2022
The Council for the Development of Cambodia (CDC) has given permits to 4 private firms to invest in 4 projects worth US$13.9 million in Phnom Penh, Kandal, Kampong Speu and Takeo. The first company is GLORY LIGHT (CAMBODIA) INTERNATIONAL CO., LTD., investing US$3.2 million in building a factory to produce kitchen and office materials (made of cloth and paper) in Phnom Penh. The second compan...
Read More
Gov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces
- 5 May 2022
The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that the Cambodian Investment Committee of the Council for th...
Read More
Donaco International Seeks US$5 Million Loan for DNA Star Vegas in Poipet City
- 5 May 2022
Border casino operator Donaco International Ltd says its directors have approved a new loan facility of US$5 million to support DNA Star Vegas in Poipet city, the GGRASIA reported on 3 May. The Monday 2 May announcement came as the firm passed the two-year milestone regarding the temporary closure of what had been its main money-earner prior to the COVID-19 pandemic. In filings, the company ...
Read More
Hong Lai Huat to Sell Up To US$50m Worth of D’Seaview Units in Cambodia
- 4 May 2022
Hong Lai Huat, on 4 May, announced that it has entered into a term sheet with Fabi Capital, where it will grant the latter the right to purchase up to US$50 million worth of residential and commercial units in D’Seaview. D’Seaview is the company’s upscale mixed-use development project located in Cambodia’s Sihanoukville province. It comprises 737 residential units and 67 commercial units and si...
Read More
Gov’t Approves Three Investment Projects Worth Over US$18m in PP & Kampong Speu
- 3 May 2022
The Council for the Development of Cambodia (CDC) has given permits to 3 private firms to invest in 3 projects worth US$18.8 million in Phnom Penh and Kampong Speu. The first company is ORIENT HONGYE (CAMBODIA) KNITTING CO., LTD., investing US$3 million in building a garment factory in Phnom Penh. The second company is KYLIN (CAMBODIA) SPORTS CO., LTD., investing US$5.3 million to establish ...
Read More
Eyes Back on Phnom Penh’s Property Market
- 19 April 2022
By Eric Wong Chon Lap While many business sectors in Cambodia struggle to keep afloat from the current COVID-19 wave, property buyers are expanding their portfolios. As all businesses reopened and restrictions lifted, more attention has been drawn back to the Cambodian property market as investors demand first or second homes. With the government’s policies supporting property purchases in t...
Read More
ADB projects Cambodia’s economic growth at 5.3% in 2022, and 6.5% in 2023
- 6 April 2022
The Cambodian economy is projected to grow by 5.3% in 2022 and 6.5% in 2023, driven by the increase in exports and inflow of foreign direct investment, according to Asian Development Bank (ADB)’s report on 6 April. Among all, the hospitality sector will see a decent recovery in 2022 but is expected to grow significantly in 2023 thanks to SEA Games and the National Election. The industrial ma...
Read More
Malaysia Eyes Investing Potential in Kampong Speu Province
- 18 March 2022
A group of Malaysian investors has been exploring investment potential in key sectors in Kampong Speu province including real estate, tourism, trade, agriculture, industry, and solar power. The investment interest was mentioned in a meeting between Kampon Speu Governor HE Vei Samnang and the Ambassador of Malaysia Eldeen Husaini Hohd Hasim on 16 March. According to HE Vei Samnang, the Ambass...
Read More
H&M Debuts First Store in Aeon Mall Phnom Penh
- 17 March 2022
Swedish multinational clothing retail company Hennes & Mauritz AB (H&M) on Thursday 17 March opened its first store at Aeon Mall Phnom Penh. H&M Phnom Penh is located on the 1st floor in Sweet Zone of Aeon Mall 1. Speaking at the event, Philippe Lassaux, CEO of H&M Cambodia and Thailand, said the company strives to bring fashion and quality at the best prices in a sustainable...
Read More