News

Vattanac launches internet banking

Following the recent trend in Cambodian banks starting online banking services for their customers, Vattanac Bank announced last week that it was also now offering the service. ធនាគារវឌ្ឍនៈសម្ភោធកម្មវិធីសេវាធនាគារតាមអ៊ិនធឺណែត  ...

Sok Chan
http://www.khmertimeskh.com/news/31472/vattanac-launches-internet-banking/

Tenants begin occupation of Phnom Penh’s ‘tower of glass’

Vattanac Capital Tower, a long-anticipated gleaming tower that dominates the city’s skyline from Monivong Boulevard, continues to attract tenants to its commercial office space. The most recent tenants to occupy the building are Qatar Airways and investment company One Asia Capital, with Qatar occupying 180 square ...

Post Staff
http://www.phnompenhpost.com/real-estate/tenants-begin-occupation-phnom-penh%E2%80%99s-%E2%80%98tower-glass%E2%80%99

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 ...

Bad Loans Grew in Some Banks in 2010

Nonperforming loans have increased in some banks though the number for the banking system over all has decreased 3 percent according to the National Bank of Cambodia. ANZ Royal Bank has seen a rise to 5.7 percent while Canadia Bank rose to 6.5 percent. Other ...

Riverside Site Not Ours, Says Vattanac

Vattanac Properties Ltd’s president has denied ownership of a building site where construction has damaged the surrounding block of historic French Colonial era buildings. Chhung Leang who is also a cofounder of Vattanac Bank has said that the site is owned by an individual but ...

Digging up trouble at riverside work site

Work supposedly began again at a construction site along Sisowath Quay after authorities had put a stop to it the day before due to damage being caused to surrounding buildings. 11 families have been evacuated as a result and local business have had their properties ...

http://www.phnompenhpost.com/index.php/2011072850693/National-news/digging-up-trouble-at-riverside-work-site.html

Fears grow for buildings

The colonial-era buildings damaged by a construction site along Phnom Penh’s bustling riverfront are under threat of imminent collapse, a structural engineer who examined the area said yesterday. Local company Vattanac yesterday complied with local authority demands to halt construction at the Sisowath Quay site – ...

Derek Stout and Phak Seangly
http://www.phnompenhpost.com/national/fears-grow-buildings

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 ...

Riverside Buildings Damaged Amid Construction

Construction on Sisowath Quay by Vattanac Company has damaged an entire block of buildings after soil was removed from the site in order to shore up the sides with concrete. 11 families have been asked to move temporarily while the situation is remedied. The Foreign ...

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