Business and Market
Government Reviews CLV Triangular Zone Development
The Cambodian government has reviewed the latest progress in the CLV (Cambodia-Laos-Vietnam) triangular zone, saying that significant progress has been made in development on the economy,
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Macau Casino Operator Eye Business Expansion in Siem Reap
Casino hotel company Macau Legend Development Ltd is planning to expand its business to Siem Reap, said the company.
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Top Chinese Steel Manufacturer Mulling Moving Blast Furnaces to Cambodia
China’s top steel manufacture, China Baowu Steel Group, is conducting a feasibility study to move its blast furnaces from Xinjiang to Cambodia in late 2019, according to Reuters.
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Chinese Experts to Help Cambodia Design Master Plan of Preah Sihanoukville Province
Chinese experts from the urban planning and design institute in Shenzhen city will start designing master plan for development in Preah Sihanoukville province, after a senior official explained that a master plan is important for the government which considers Preah Sihanoukville province as a multi-purpose economic zone.
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Increasing Capacity of Water Treatment in Sihanouk City Approved
Inter-ministries have agreed to upgrade capacity of 4 wastewater treatments in Preah Sihanoukville province from 25,000 cubic meter to 30,000 cubic meter aiming to restore environment in the province.
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Luxury Branded Residences on Rise in Asia Pacific
The majority of branded residential projects currently under construction globally, equaling 27%, are now located in Asia Pacific, according to a new Savills report.
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Let’s Go! Check Out the Sale Opening Day and the Special Offer From Chop Mong Land’s New Condo
Chip Mong Land, a well-known real estate development company in Cambodia, will launch the sale of its new luxury condominiums along with special discount commencing from 10am May 24,
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April Sees Land Ministry Approve Over Us$34 Million in Construction Investment
The Ministry of Land Management Urban Planning and Construction (MLMUPC) has permitted more than US$34 million construction investment across the country since early April, according to data available on the ministry’s mobile application.
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Malaysia’s East Coast Rail Link to Proceed After Costs Slashed
After cancelling the Chinese-sponsored East Coast Rail Link in February 2019 due to concerns about the huge price tag, the Malaysian government has announced work will restart after costs
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Competition Rises in Phnom Penh’s Retail Property Market
Competition is increasing in Phnom Penh’s retail property sector as developers build new retail centres. New community malls and shopping centres that are set to be complete or open include Phnom Penh Megamall
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