News
Opportune time to tap growing Chinese market in Sihanoukville
Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area.Although Sihanoukville has, in recent times, been synonymous with a growing number of Chinese tourists, currently it is going through ...
Vandy Muong
http://www.phnompenhpost.com/post-property/opportune-time-tap-growing-chinese-market-sihanoukville
Malaysian motos to enter market
Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...
http://www.phnompenhpost.com/business/malaysian-motos-enter-market
Satellite cities a solution for overcrowded Phnom Penh
The coming sprawls of Phnom Penh’s new satellite cities will bring about not only opportunities but also challenges for the population. “Any urban area has to sprawl outside the main city areas so that it can keep up with the increasing demand of commercial land,” said ...
Land protestors march on US embassy
Residents of two property development sites marched to the US embassy Monday, sources said . ...
Court Hears Borei Keila Evictees' Complaint
The Phnom Penh Municipal Court yesterday questioned three Borei Keila residents about a complaint they filed six month ago against the property development firm Phanimex from evicting them from their land. In March, a group of Borei Keila residents filed their complaint against Phanimex’s owner ...
Second Eviction Protester Jailed In Two Days
Police and court officials yesterday questioned, charged and imprisoned elderly woman involved in the long-running land dispute at the Borei Keila community in Phnom Penh, a day after an anti-eviction protester from Boeng Kak community met a similar fate. In both cases, police and court officials ...
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
Cash crop deal to aid Kingdom
A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will ...
http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
Plans Name Developer of Sisowath Quay Site
Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
A Tough Ride for S Korean Property Projects
GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...