News
Problematic roundabout to get $1 million accompaniment
Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...
Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment
An Olympian endeavour
A luxury twin-condo with 35 floors and 256 units is set to appear just to the southeast of the Olympic Stadium by the end of 2017. Sky Villa is a large project developed by the Crystal Orange Construction, with a hefty $100 million of capital ...
Hin Pisei
http://phnompenhpost.com/real-estate/olympian-endeavour
Ministry swapped in deal with timber magnate
In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...
Aun Pheap and Alex Consiglio
http://www.cambodiadaily.com/news/ministry-swapped-in-deal-with-timber-magnate-59216/
Trial for 23 finally under way
The long-awaited trial of the 23 men arrested during strike demonstrations in early January began this morning at 8 am at Phnom Penh Municipal Court and is proceeding into the afternoon. Before the trial began, police had already blocked off the street in front of the ...
Sean Teehan
http://www.phnompenhpost.com/national/trial-23-finally-under-way
Construction on triple-tower Times Centre to start in June
Work on a triple-skyscraper complex near Olympic Stadium announced in February is due to get under way in June this year and be completed in 2017, according to the project supervisor. With its slogan “The heart of Phnom Penh”, Times Centre is slated to feature three ...
Siv Meng
http://www.phnompenhpost.com/real-estate/construction-triple-tower-times-centre-start-june
Still much to learn about Times Centre
Construction on Times Centre’s three skyscrapers near Olympic Stadium will commence early this year, but little is known about several key aspects of the project, including the company behind the project. The Times Centre project, which will incorporate retail and office space with 1,000 condominium ...
Siv Meng
http://www.phnompenhpost.com/real-estate/still-much-learn-about-times-centre
Armed Security Doubled for Human Rights Day Rallies
The government will deploy double the usual number of armed security personnel on the streets of Phnom Penh on Tuesday to keep control of the large number of rallies planned in the city to celebrate International Human Rights Day, a military police official said Monday. “We ...
Phorn Bopha
http://www.cambodiadaily.com/news/armed-security-doubled-for-human-rights-day-rallies-48954/
City Hall Moves to Stop State Land Swaps
In an effort to put a stop to land swaps in Phnom Penh, City Hall has called on state institutions with offices in Chamkar Mon district’s Tonle Bassac commune to register or re-register for land titles, a municipal official said Sunday. A letter signed by ...
Aun Pheap
http://www.cambodiadaily.com/news/city-hall-moves-to-stop-state-land-swaps-48329/
Property prices stagnant following election
Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...
Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election
Discount shops attracting crowds
Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on Sihanouk Boulevard, within sight ...
http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html
Union Plan Massive Demonstration in Phnom Penh
Four of Cambodia’s independent and opposition-aligned unions have informed the Phnom Penh municipality that they plan to gather 20,000 people on May 1 to march from Olympic Stadium to the National Assembly. ...
Cambodian beer production and consumption on the rise
Inside a mini-mart near Phnom Penh’s Olympic stadium, the shelves holding the beer for sale have a more Cambodian feel to them these days. While imported brand like Thailand’s Singha and Japan’s Asahi, used to take up valuable retail real estate, now homegrown brands like Angkor ...
Hands-on contest a hit in Cambodia
Long a popular fixture of US TV and radio competitions, “Hands on a Hardbody,” a marathon endurance contest where participants vie to hold their palms against a car the longest in order to win it, has expanded to Cambodia. More than 80 participants took part ...
Luxury Projects Set for Olympic Stadium Area
Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...