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ខ្មែរ Business and Market
Chip Mong Aiming to Gain Retail and Shopping Mall Market Share
- 23 January 2019
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference. As the retail sector in the Kingdom grows, along with stronger competition in the market, Chip Mong Retail (CMR) and Chip Mong Land (CML), subsidiaries of Chip Mong Group, have teamed up t...
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LG TWIN WASH!
- 18 January 2019
The new modern washing machine LG TwinWash uses the latest technology in the laundry industry. Today, we will showcase the features that make it deserve to be top of any customer’s list. 1. Brand New Ergonomic Design -LG TwinWash has a small size and is easy to store at home. The new design is easy to turn on/off, there is a visible mirror layer allowing us to see the inside of the machine. ...
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Cambodia Seeing New Property Development Wave
- 18 January 2019
While property market tends to move in certain cycles of development, Cambodia is now seeing a new trend of development towards commercial projects, according to real estate insiders. Speaking on the sidelines of the recent media round table for the launch of the Cambodia Property Awards 2019, Mr Jules Kay, Business Director for the PropertyGuru Asia Property Awards, said that following his mee...
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Cambodia-thailand Eye Trade Expansion on Air Conditioners
- 16 January 2019
Sample photo by thenational.ae With two-way trade continuing to increase every year, Cambodia and Thailand businesses are looking to expand the air conditioner market as a result of a business matching platform held on 16 January, 2019. Aimed at boosting trade in air conditioners, as well as electrical and auto parts, the Thai Department of International Trade Promotion at the Ministry of Co...
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Wow Wow…Winning Home Prizes!
- 10 January 2019
Finally, the “ISI PALM Lucky Draw” brought fortune to its customers who have now become the proud owners of 43-inch LG TVs (50 prizes) and ZOOMER X 2018 motorcycles (30 prizes). Most especially was one unit of a Mekong house model MH 962 to Mr Lim Darith who lives at Samrong Thom Commune, Kien Svay District, Kandal Province. The lucky draw was held on Sunday 06 January 2019, at the CNC TV stati...
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Phnom Penh Condominium Market to See Sharp Change in 2019
- 7 January 2019
The Phnom Penh condominium market is set to see a sharp change in 2019 with supply now shifting towards the affordable segment, according to one of Cambodia’s leading real estate firms. In a recent market review report on condominiums, CBRE Cambodia said that the delay in condominium completion in quarter 4 of 2018 will causes an upward trend in condominium stock within the first and second qua...
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‘construction and Real Estate Sector Will Not Fall in 2019’
- 5 January 2019
With Cambodia's economic growth partly dependent on the construction and real estate sector, predictions remain healthy for 2019, despite a decline in capital investment in 2018. The recent macroeconomic report from the National Bank of Cambodia (NBC) outlined some of the risk factors for Cambodia's economy, including stronger reliance on construction and real estate as the sectors contribute o...
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Design and Construction Firms Listed in Kingdom Rises
- 3 January 2019
The booming construction industry in Cambodia is currently attracting more and more design and construction firms which have now reached more than 2000. According to a report from the Ministry of Land Management Urban Planning and Construction (MLMUPC) releasedin late December 2018, the total number of registered design and construction companies in the Kingdom reached 2,294 over the last 18 ye...
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Foreign Investment Driving Vietnam Property Market
- 3 January 2019
Vietnam’s booming residential property market has seen foreign investors account for the majority of all large property transactions in 2018, according to CBRE. In an interview given to local Vietnamese mediaVNA, Vikram Kohli, Regional Managing Director of Southeast Asia for CBRE, explained that 50% of all residential deals in Vietnam this year have been from Asian investors. Investors from Sin...
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V-STEEL draws second big prize winner for 2018
- 25 December 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 on SEATV. The event was also attended by Mr BeiBunSong, the husban...
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