Business and Market
Foreign Investment Driving Vietnam Property Market
Vietnam’s booming residential property market has seen foreign investors account for the majority of all large property transactions in 2018, according to CBRE.
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V-STEEL draws second big prize winner for 2018
On 23 December 2018, Italian-made steel company V-STEEL held its second lucky draw to find the winning customer for the amazing prize of a 2018 Ford Ranger. V-STEEL, exclusively imported by Chip Mong Group, made its final big lucky draw this year for its customers for a 2018Ford Ranger on the live entertainment show broadcast […]
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Cambodia Sees Sharp Decline in Construction Investment in 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018.
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Land Prices in Three Provinces Change Within Six Months
Rapid development and economic growth in Cambodia has driven an increase of land prices across the country, especially within the last six months of 2018.
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VTrust Soft Launches 2030s Real Estate Report
In a bid to promote the real estate sector in Cambodia, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia has launched its decennium report on the real estate sector in Phnom Penh.
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Land Plot Development Boom a Concern for Cambodian Economy
Despite the business of developing land plots continuing to show great potential in the local market, the activity nonetheless poses a concern for Cambodia's economy.
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Renowned Cambodia Investor Still Optimistic on Construction Sector Prospects
Despites a decrease in investment for construction sector in 2018, renowned Cambodia investors remain optimistic about the construction and real estate sectors in Cambodia. At the recent construction exhibition organised by the Cambodia Constructors Association (CCA) Neak Oknha Pung Keav Se, Chairman of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), expressed his optimism about the sectors’ prospects.
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Largest Gathering Yet for Construction Industry at MBAM Onebuild 2018
The Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) held in collaboration with the Master Builders Association Malaysia (MBAM) successfully took place from 13- 15 November 2018 at Kuala Lumpur Convention Centre, Malaysia. This year, the exhibition managed to attract thousands of visitors from both the government and private sectors as well as international visitors from Australia, Japan, Cambodia, Korea, Mauritius, India and more. In addition, positive feedback was also received from exhibitors that many business transactions were initiated during the exhibition and it is estimated that there will be RM100 million (about US$24 million) in business transactions after the exhibition.
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Annual Cambodia Construction Industry Expo of Cambodia Constructors Association Kicks Off
The annual Construction Industry Exhibition has kick starts under participation of delegates of public and private representative. Organized by the Cambodia Constructor Association (CCA) chaired by Neak Oknha Pung Kheav Se, the Cambodia Construction Industry Exhibition this year has returned bigger and better.
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Construction and Real Estate Continue to Pose Risks for Financial Sector in Cambodia
While Cambodia's economy is expected to grow by 7.1% in 2018, the construction and real estate sectors continue to pose risk to the financial sector, according to the World Bank. The World Bank report entitled 'Cambodia Economic Update' published on 28 November, 2018, highlighted that "risks in the financial sector continue to grow, with large exposure to the construction and real estate sector".
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