Business and Market
As of 2021, Cambodia has Nine Registered Automotive & Automotive Component Factories
As of 2021, Cambodia has a total of nine registered automotive and automotive component factories worth over US$61 million, according to the Ministry of Industry, Science, Technology, and Innovation. The ministry’s data showed that the investments are from Japan, China, South Korea, Thailand, and a local company. Of the total factories, two factories are automotive […]
Read More
Koh Norea Development Project 48% Complete, First Phase Set for Completion in 2023
Construction of the main infrastructure for the US$2.5-billion Koh Norea development project remains on track despite the pandemic, as of September 2021, reaching an average of 48% competition. Project General manager Men Poly told the Construction & Property Magazine on Wednesday 15 September that there are five main parts of the construction, each of which […]
Read More
Big C Plans Hundreds More Stores Expansion in Cambodia Over Next Five Years
Big C Thailand plans to open hundreds more stores in Phnom Penh, Battambang, Siem Reap, among other important cities in Cambodia in the next five years, after the firm just officially opened the Mini Big C in Phnom Penh. Gary Hardy, Chief Operating Officer, said Big C aims to become the No.1 retailer in Cambodia […]
Read More
Thailand’s Tesco Lotus Supermarket Mulls Entering Cambodia Market
Thailand’s Tesco Lotus has expressed interest in opening its first store in Cambodia, while the company is currently looking for a plot of land in Phnom Penh to build the mall, according to the Cambodian Business Council in Thailand. The plan to enter Cambodia is after seeing the success of other Thai retails in Cambodia, […]
Read More
Shopping Centres & Retailers Stay Active Despite Tough Year
By Eric Wong Chon Lap Retail businesses continue to be stressed and are finding it difficult to sustain with the weakening of spending power. It is estimated this current outbreak will have a significant impact on the retail market in the following quarters. As the number of daily COVID-19 cases in Cambodia increased to close […]
Read More
First Large-Scale Home Living Retail Outlet ‘Design Village’ Opens in Phnom Penh
Design Village, a joint venture by leading companies – SCG and Boonthavorn – located on St. 1003 in Sen Sok district, celebrated its soft opening on Thursday 9 September 2021. Design Village becomes Cambodia’s first most complete home & living retail destination offering home-related interior, decorative, and exterior solutions. The first of its kind home-living […]
Read More
Lavish Lennar Community in Miami, Florida
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Hugging Florida’s southeast Atlantic coastline, the vibrant metropolis of Miami […]
Read More
Big C Opens its First Store in Phnom Penh
Big C Supercenter has opened its first mini Big C store in Phnom Penh after the first full-scale Big C Supercenter was opened in Poi Pet city in Banteay Meanchey province in 2019. The first Mini Big C is operated under the Big C Cambodia. According to a post on Facebook page Big C Cambodia, […]
Read More
Construction & Real Estate Investment Capital Registered in New State-Run Online System at US$1.2bn
As of 24 August, a total of 7,715 companies have registered their businesses through the new online business registration system with a total investment value of approximately US$3 billion, of which investment from construction and real estate companies attributed over one third. According to a report by the Ministry of Economy and Finance on 1 […]
Read More
With three completed projects, Urban Village sold over 1,300 units amid the ongoing pandemic in Cambodia
Cambodia’s largest and multi-award-winning real estate developer from Hong Kong with over 20 awards from Asia, Europe and North America, Urban Hub Cambodia continues to lead the residential development sector in Cambodia despite the ongoing pandemic with over 1,300 units of its fourth project Urban Village Phase 2, sold in less than 2 years. Urban […]
Read More