News

Council approves Aeon 3 project

Japan’s Aeon Mall Co is to spend more than $200 million building its third shopping mall in Phnom Penh as the firm eyes the Kingdom’s burgeoning middle-class. Construction on Aeon Mall 3 in the capital’s Meanchey district is to begin early next year as a result ...

May Kunmakara
https://www.phnompenhpost.com/business/council-approves-aeon-3-project

Aeon anniversary highlights shifting market for local malls

AEON Mall, the first large-scale modern shopping mall in Cambodia, recently celebrated its third year of operation in the Kingdom, but with several new high-end malls slated to open over the next few years, analysts expect more competition and sweeping changes in the country’s retail ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/aeon-anniversary-highlights-shifting-market-local-malls

Aeon plans grocery store chain

Aeon plans to open the stores across the capital and surrounding provinces following the success of its flagship 68,000 square-meter mall, which opened in 2014. ...

May Kunmakara
http://www.khmertimeskh.com/news/37928/aeon-plans-grocery-store-chain/

Aeon Mall a no-go zone for real estate events

After a surge in property-related events by various real estate developers at Aeon Mall’s Daylight Plaza, the centre’s management team is now holding off on requests from developers. ...

Catherine Harry
http://www.phnompenhpost.com/post-property/aeon-mall-no-go-zone-real-estate-events

Shift in Aeon tenant mix as high-end brands replaced by cheaper options

Concerns are that, while the middle class is growing, Cambodia’s consumer base is not yet able to support premium retailersThe throngs of Cambodian families streaming into Aeon Mall over the Water Festival holiday made it clear that Phnom Penh’s poshest mall has successfully positioned itself ...

Ayanna Runcie
http://www.phnompenhpost.com/business/shift-aeon-tenant-mix-high-end-brands-replaced-cheaper-options

AEON to build second mall in Cambodia

A year after opening its first store in Cambodia, Japanese mall operator AEON has finalized plans for the construction of its second mall in the country. ...

Enterprise INNOVATION News Staff
http://enterpriseinnovation.net/article/aeon-build-second-mall-cambodia-1919734054

Will AEON mall succeed in one of the poorest countries in the world?

The presence of AEON Mall in Cambodia has stirred a lot of questions revolving around the future success of this Japanese giant mall. Since the official opening of the mall, thousands of people have flocked to visit this new mall. Not only people in general ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmMxZmI4MTA1Mjg

Stretch of boulevard to be widened for Aeon Mall

Phnom Penh City Hall plans to expand a section of Sothearos Boulevard outside a main entrance to the new Aeon Mall to help ease traffic congestion when the four-floor shopping center officially opens on Monday, officials said Wednesday. “We have a plan to expand the street ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/news/stretch-of-sothearos-boulevard-to-be-widened-for-aeon-mall-62469/

Japanese firm signs agreement with bank

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, Saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-firm-signs-agreement-bank

Japanese foreign minister to visit Cambodia

Japanese Foreign Minister Fumio Kishida is to make a three-day visit to Cambodia from Sunday, Cambodia’s Foreign Ministry said Monday. While in Cambodia, he will pay courtesy calls and meet with King Norodom Sihamoni, Prime Minister Hun Sen and his Cambodian counterpart Hor Namhong, the ministry ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140623/japanese-foreign-minister-visit-cambodia

Aid, Aeon on agenda for Japan

The Japanese government will offer more than $21 million in grant aid and loans to Cambodia when Foreign Minister Fumio Kishida visits later this month, according to a statement released by the Ministry of Foreign Affairs. According to the statement, Kishida will ink a number of ...

Cheang Sokha
http://www.phnompenhpost.com/national/aid-aeon-agenda-japan

Aeon microfinance booms with mall on horizon

When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...

George Styllis
http://www.cambodiadaily.com/news/aeon-microfinance-booms-with-mall-on-horizon-58122/

Aeon reports record revenue amid ASEAN expansion

Aeon Co, the Japanese firm developing the soon-to-be-opened Aeon Mall on Phnom Penh’s Sothearos Boulevard, has reported a record $62.3 billion in revenue for its financial year ending February 28. The company, which has more than 260 subsidiaries, including the shopping centre development arm Aeon Mall ...

Eddie Morton
http://www.phnompenhpost.com/business/aeon-reports-record-revenue-amid-asean-expansion

No scheme in place for congestion near AEON

Despite expecting 27,000 visitors per day, little planning has gone into tackling traffic congestion at Cambodia’s long-awaited AEON Mall when it opens June 30, City Hall said yesterday. There are 1,400 vehicle parking spaces allotted at AEON and 1,600 bikes spaces accessed via both Sothearos ...

Chan Muyhong
http://www.phnompenhpost.com/business/no-scheme-place-congestion-near-aeon

AEON tenants target Cambodia’s middle class

An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...

Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Burger King chain to expand

Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...

Eddie Morton
http://www.phnompenhpost.com/business/burger-king-chain-expand

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