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Construction & Property Weekly Video News (02 May 2020)
#1. COVID-19 Poses Challenge for Extraction of Cambodia’s First Oil [Click] #2. Construction on Road 146 Commences in Sihanoukville [Click] #3. Hyundai Engineering Wins US$164M Bid to Build Third AEON Mall [Click] #4. EU Shifts €56 Million Aid for Socio-Economic Rehabilitation in Cambodia’s Post-COVID-19 [Click] #5. Nearly 1 Million Ounces of Goal Expected to Be Extracted in Okvau [Click]
Read MoreLet’s Find Out! EP25: More than $3.5 billion investment airports in Cambodia
The $ 3.506 billion investment will be used for construction, expansion and renovation of all airports in Cambodia in the 2015-2023 aviation development plan as part of the government់'s Open Sky policy and vision to accelerate domestic transportation and link Cambodia to other International Trade Hubs.
Read MoreConstruction & Property Weekly Video News (25 April 2020)
#1. Cambodia’s GDP Growth to Slow Down to Minus 1.5% In 2020 [Click] [Click] #2. Government Announces US$2 Billion Liquidity Adjustment Package for Banking Sector [Click] #3. Families Affected by Drainage Project in Preah Sihanouk To Get Concessional Land [Click]
Read MoreLet’s Find Out! EP24: How does lowering interest rate affect mortgage lending?
In response to the economic slowdown caused by the spread of the Covid-19, national banks around the world have been rolling out policies and financial measures such as lowering the interest rate. the National Bank of Cambodia has also implemented measures to reduce interest rates for various loans to contribute to the national economy. What do these interest rates mean and how does it help boost the economy?
Read MoreConstruction & Property Weekly Video News (18 April 2020)
This week content (18 April 2020): #1. CDC Approves Three Major Development Projects Worth Over US$160 Million [Click] #2. Four Communes in Ta Khmau to Obtain Tax Exemption on Properties Until 2023 [Click] #3. Government Reduces US$918 Million in Expenses from State Departments [Click] #4. Over 680 Affordable Homes were Handed to Citizens in Kandal Province [Click] #5. Condominium Prices to Face Downward Trend if COVID-19 Continues [Click]
Read MoreLet’s Find Out! EP23: 2020: What and Where to Invest in Real Estate?
COVID 19, the China-US trade war, the shutdown of online gambling in Sihanoukville, and many other issues have steadily slowed down Cambodia's real estate sector since the end of 2019. Facing all these hardships, what type of property should you invest in and where to invest especially around Phnom Penh area?
Read MoreConstruction & Property Weekly Video News (11 April 2020)
This week content (11 April 2020): #1. Cambodia’s Economic Growth to Slow to 2.5% in 2020 [Click] [Click] #2. World Bank Financed Cambodia $20million in Response to Covid-19 [Click]
Read MoreLet’s Find Out! EP22: The impact of COVID 19 on construction contract in Cambodia
Many questions and uncertainties regarding the impact of the worldwide COVID 19 pandemic on construction contracts in Cambodia have become a hot topic of concern for property and construction companies since the outbreak. Parties to the construction contract are seriously considering whether the situation can be considered as force majeure.
Read MoreConstruction & Property Weekly Video News (04 April 2020)
This week content (04 April 2020): #1. Japan Provides US$310m for Social and Economic Development in Cambodia [Click]
Read MoreLet’s Find Out! EP21: Certificate of occupancy
The ministry of land management, Urban Planning and Construction issued guidance - Prakas No. 177 (6 December 2019) concerning the formalities and procedures for certificates of occupancy concerning construction built before the Construction Law. What is Prakas No. 177 about?
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