Business and Market
PP-SHV Expressway is CCRBC’s Biggest Project Worldwide
Photo by Samdach Hun Sen Facebook Page With the groundbreaking ceremony approaching, the developer of Phnom Penh-Sihanouk Expressway has said that this project is the company’s largest, according to the official Facebook post of the Cambodian Prime Minister. Mr Weng Gang, Vice Chairman of China Road and Bridge Corporation (CRBC), constructor of the project, told Prime Minister Samdech Techo ...
Read MoreCambodia Recommends Kampong Chhnang Airport as Alibaba Logistics Hub
Photo by Adventures of a Regular Guy Cambodia has asked 4PX Express of Alibaba Cainiao Logistics Group to consider selecting Kompong Chhnang Airport as logistics hub as part of the cross-border e-commerce trade within the Cambodian marketplace. Speaking during the meeting with the company on 18 March 2019, Senior Minister and Minister of the Ministry of Public Works and Transport (MPWT) H.E ...
Read MoreNew Market Trends in Phnom Penh’s Office Properties
Amidst the slow growth of property markets across Southeast Asia apart from Thailand and the Philippines, the office market in Phnom Penh continues to remain strong with steady demand. Both demand and supply continue to be on a positive trend. As a result, landlords have enjoyed an increase in rental rates. Office spaces in Phnom Penh continue to sustain growth, amidst moderate levels of vacanc...
Read MoreMeasures Set for Hotels, Restaurants and Construction
The government, through the National Committee for Cambodia Bay Management and Development, is setting out measures for hotels, restaurants and construction in Sihanoukville, according to the Ministry of Land Management Urban Planning and Construction (MLMUPC) on 25 March 2019. During an inspection trip to Sihanoukville province, the committee told all hotels, restaurants and construction to in...
Read MoreJapan Provides Jpy100 Million for Home Restoration in Tbong Khmum
The Japanese government and the United Nations Human Settlement Programme (UN-Habitat) have signed an exchange note on house restoration for Cambodians living in Tbong Khmum province. On 06 March 2019, Japanese Ambassador to Cambodia H.E Hidehisa Horinouchi and UN-Habitat Cambodia representative Mr Sok Vanna signed the house restoration agreement for Cambodians living in Tbong Khmum province wh...
Read MoreOknha Pung Kheav Se Pledges to Finish New Airport Before Turning 87 Years Old
Picture by Ministry of Land Management Urban Planning and Construction (MLMUPC) Renowned investor in Cambodia Neak Oknha Pung Kheav Se has committed to finishing construction of the new Phnom Penh International Airport before turning 87 years old, marking another major achievement of him for Cambodia. Neak Oknha Pung Kheav Se, Chairman of the Board of Directors of Canadia Bank and Overseas C...
Read MoreScmp: Dara Sakor Seashore Resort is for Chinese Tourists or Chinese Military?
Source: South China Morning Post After an article entitled ‘Is Cambodia’s Koh Kong project for Chinese tourists – or China’s military?’ was published by renowned media outlet, South China Morning Post (SCMP), on 05 March the question has become a controversial topic among domestic and international readers. The article has raised questions as to whether the analysis is true and over the futu...
Read MoreGovernment May Suspend Land Transactions Around New Phnom Penh Airport Site
First meeting of the New Phnom Penh International Airport Assembly Sites Committee The government may suspend land transactions in areas that hinder the development process of the new Phnom Penh International Airport in Kandal and Takeo provinces, according to the outcome from the first meeting of the specialised Committee in charge of the US$1.5 billion project. At the meeting on 28 Februar...
Read MoreJapan Aiming to Help Cambodia Solve Urban Environmental Problems
Approximately 58 Japanese companies from various segments of the construction and real estate sector have met with Cambodian partners to seek investment opportunities in infrastructure and urbanisation to help Cambodia solve its urban environmental problems. The initiative was announced at the 1st Meeting of Public-Private Platform for “Urban Development, Cambodia-Japan” held on 27 February 201...
Read MoreTWIN Wash™ twin washing machine is the best solution for housewives
In general, housewives often face many problems when washing their clothes, like waiting for a long time for the laundry to finish, colour stains, damage to fabrics, tightly wrapped fabrics, worries about hygiene and remaining germs sticking to children’s clothes. The new, modern LG TWINWash™ washing machine uses the latest technology to help solve all housewives’ problems when washing the...
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