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ខ្មែរ Business and Market
Shopping Centres & Retailers Stay Active Despite Tough Year
- 10 September 2021
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 to a thousand new cases per day, shopping centres implemented more...
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First Large-Scale Home Living Retail Outlet ‘Design Village’ Opens in Phnom Penh
- 9 September 2021
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 retail outlet originates fro...
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Lavish Lennar Community in Miami, Florida
- 8 September 2021
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 is a postcard ...
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Big C Opens its First Store in Phnom Penh
- 3 September 2021
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, the first Mini Big C store is located on Street 215, Veal Vong commune, 7 Makara district. The comp...
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Construction & Real Estate Investment Capital Registered in New State-Run Online System at US$1.2bn
- 1 September 2021
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 September, construction companies shared the large...
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With three completed projects, Urban Village sold over 1,300 units amid the ongoing pandemic in Cambodia
- 31 August 2021
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 Hub Cambodia is the most recognised developer i...
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Cambodia’s First 7-Eleven Opens Today in Chroy Changvar
- 30 August 2021
The first 7-Eleven mart in Cambodia has finally opened its Chroy Changvar branch on 30 August after over a year of waiting, according to the official Facebook page of 7-Eleven Cambodia. CP All Cambodia, the franchisee of Cambodia’s 7-Eleven, also plans to open in several other places, including one in the PTT Prek Pnov gas station. The announcement of the opening of 7-Eleven in Cambodia was ...
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7-Eleven store opening in Phnom Penh delayed to year’s end
- 23 August 2021
The plan to open Cambodia’s first 7-Eleven store has been delayed due to the surge in the community outbreak, with a new opening date expected to be by year’s end, according to CP All Chief Financial Officer Kriengchai Boonpoapichart. CP All (Cambodia) Plc, the master franchisee of 7-Eleven Cambodia, set an initial plan to open the first branch this July at the Prek Phnov PPT gas station by Jun...
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Chinese & Local Firms Mull Building 200ha Factory Complex in Kampong Speu
- 18 August 2021
Kampong Speu Provincial Governor HE Vy Samnang has confirmed that a group of local and Chinese companies are expressing interest in setting up a 200-hectare factory complex in Kampong Speu province. This project was mentioned during a recent meeting between representatives of investment companies and HE Vy Samnang. "The firms have already presented investment plan to establish the factory co...
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Phnom Penh Land Department to Relocate to Sangkat Mittapheap
- 18 August 2021
The Phnom Penh Department of Land Management, Urban Planning, Construction and Cadastral will be relocated to a new location at the former building of the Ministry of Rural Development at the corner of Street 114 and Street 169, Sangkat Mittapheap, Khan 7 Makara. According to the announcement issued on 17 August, the department is currently preparing to move. During this period, there may be...
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