Business and Market
Royal Group, Singapore Developer Building Luxury Condo in Toul Kork
The Royal Group and Singapore-based real estate developer Hong Lai Huat Group Limited have partnered to jointly develop a 28-floor condominium in Toul Kork district.
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Us$200 Million ‘one Central Tower’ Project Ground Breaks in Boeung Snor
Global investment firm B.I.C Group broke ground on its first real estate project ‘One Central Tower’ located in the east of Phnom Penh on 06 May 2019 with the aim to transform the area into a world-class urban destination, according to their press release.
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Construction of Japan-funded Teacher Education College (TEC) Begins
The Cambodian Minister of Education, Youth and Sport and the Japan Ambassador to Cambodia witnessed the ground-breaking ceremony of Teacher Education College (TEC) located in Phnom Penh on 07 May.
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Kampot International Tourism Seaport Construction Completed by End of 2019
Construction on the Kampot International Tourism Seaport is now about 25% complete with work on the facility expected to finish before end of 2019.
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Winners Announced for PropertyGuru Cambodia Property Awards 2019
The winners for the finest real estate projects in Cambodia were announced at the Gala Dinner of the ‘4th Annual PropertyGuru Cambodia Property Awards’ held at Sofitel Phnom Penh Phokeethra on 03 May 2019.
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Ground Broken on Manila’s First Metro
Ground was broken on Manila’s first ever metro system in March 2019, although the Japanese contractors responsible have already warned that the 2022 deadline for completion is too optimistic.
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Cambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville
Representatives of Cambodia and China recently discussed establishing a Liaoning- Sihanoukville Sister City Alliance and Industrial Park, according to a recent post on the Ministry of Commerce Facebook page.
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Wyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club
A signing ceremony was recently held at the ZhengHeng HQ between ZhengHeng (Cambodia) Co., Ltd, the leader of the Long Bay Dara Sakor Holiday and Resort Project, and TRF VACATION CLUB
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Social Protection Sought for Construction Workers
Workers in the construction sector are seeking social protection through the National Social Security Fund (NSSF) like workers in other sector receive, citing that construction work is considered a high-risk risk job compared to other jobs.
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World-class Aquarium Park to Open in 2021 in Siem Reap
A world class aquarium park is scheduled to open in 2021 in Siem Reap province to attract more tourists beyond the Angkor temple complex.
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