Business and Market
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. The Cambodia Construction Industry Expo 2018 kicks off preside by Deputy Prime Min...
Read MoreConstruction 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...
Read MoreWith the Chinese Influx, Why Are Locals in Sihanoukville Pushing for Bank Loans?
The beautiful tourist city in the southwest of Cambodia has been drawing so much attention over the last few years, the cityscape has changed dramatically with the construction of many new buildings together with the influx of Chinese people across the city. With the arrival of Chinese people and this growth of new buildings,which are mostly owned by Chinese companies, providing housing supply ...
Read MoreBentley has expanded its business portfolio with strategic partners and acquisition
World-leading infrastructure software development company, Bentley has announced during the ‘Year In Infrastructure 2018 conference’ held in London, the UK from October 15-18 about its business portfolio with strategic partners and acquisitions. In the key announcement by strategic partners during press conference co-speaks by Greg Bentley, CEO Bentley System with Eckard Eberie, CEO Process Aut...
Read MoreCambodia’s Largest Construction Exhibition to Kick Off in November
Cambodia largest construction expo, the ‘Cambodia Constructors Industry Expo 2018’, is set to kick off in November bringing together more than 300 exhibitors and thousands of exhibition goers. After being successfully hosted for more than four years, the Cambodia Constructors Association (CCA) is organising its annual event that brings together high-ranking government officials, professionals, ...
Read MoreBoeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk
While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply. This reflect the recent real estate report compiled by one of Cambodia largest property appraisal Vtrust Appraisal Cambodia showing that apartment in Sangkat Boeng Kak Ti Pir has become the largest market leader among other Sangkat...
Read MoreBooming Construction Industry Drives Brick Production in Cambodia
Photo by Compassionate Eye Foundation Thanks to the booming construction industry, brick kilns in Cambodia have significantly expanded across the country to capitalise on this growth. The number of brick kilns has grown dramatically over the last 10 years, as well as the means of production. According to Mr Veng Heang, Director of the Child Labour Department of Ministry of Labour and Vocatio...
Read MorePhnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors. With household wealth estimated to be worth US$1.5 trillion and annual purchasing power in 2017 of US$938 million combined with a high level of domestic prejudice, China’s 90 million-stro...
Read MoreEuropean Paint is Capturing Cambodian Market With Launch of New Product
European's exterior paint has captured Cambodian market while delivering new product with 2X better performance. Global leading paint manufacturer, JOTUN, recently has revealed its market potential, especially in Cambodia, thanks to the support from its customers. Speaking at the launch of JOTUN's new product on 02 November, 2018, Mr Tan Keng Khoon, Sales and Marketing Manager, said that ove...
Read MoreProperty Sector Contributed Millions of Dollars to Cambodia in 2018
The robust performance of the property sector has generated millions of dollars to Cambodia in 2018, according to the General Department of Taxation (GDT). H.E Kong Vibol, Delegate of Royal Government of Cambodia, In Charge as Director General of General Department of Taxation (GDT) told reporters at the recent ‘Tax Forum’ that property tax collection in 2018 is very strong compared to last yea...
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