Cambodia News
WHA Corporation Tuesday announced that it would expand its footprint in ASEAN countries over the next five years, and would invest 43 billion baht ($1.2 billion) to xpand its logistics and warehouse businesses at home and in Southeast Asia. Due to its aggressive investment, the company has forecast that its revenues will rise from 13.1 […]
Continue Reading
Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar. The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate […]
Continue Reading
Thai shopping mall operator Central Pattana will stretch outside of its Bangkok base, with locations to open this week and next year in areas where the economy is expanding as well as near the nation’s borders. The company, the real estate development arm of retail giant Central Group, said Monday it will open a mall […]
Continue ReadingAGRICULTURE and property firm HLH Group has sold more than 51 per cent of the residential units of its first real estate project in Cambodia. D’Seaview, a mixed-use development of 737 residential units in the coastal town of Sihanoukville, saw “strong demand”, mainboard-listed HLH said on Thursday. The commercial space and the balance 49 per […]
Continue ReadingOne of the most exciting accommodation spaces these days is the emerging poshtel products that are cutting into the cookie cutter hotel mold and gathering followers. Today the traditional hostel model is out the window and in comes poshtels which offer not only the traditional shared rooms but a hybrid that also has private rooms […]
Continue Reading
The Beijing-based PowerChina Resources Limited (PCR), a shareholder of Sinohydro Kamchay Hydroelectric Project Co. Ltd, which developed the Kamchay hydroelectric dam in Kampot, expressed its interest in building electricity transmission lines in Cambodia. This expression of interest was made when the director general of PCR, Du Chunguo, met the Kingdom’s Minister of Mines and Energy, […]
Continue Reading
Cambodia is committed to complete construction of the 6.5-kilometre cross-border railway linking Poipet town to Aranyaprathet by the year’s end. Public Works and Transport Minister Sun Chanthol gave the assurance on Sunday when he inspected the construction site in Poipet in Banteay Meanchey province where the railway tracks from Cambodia and Thailand will meet, the […]
Continue ReadingTwo of Thailand’s leading small-sized power producers Sahacogen (Chonburi) Pcl and Saha Patthana Inter Holding Pcl, have entered into a joint venture to build biomass power plants in Cambodia and Myanmar with a total investment of about $20 million, according to a Singapore-based online business news agency. DealStreetAsia quoted Viroj Theeravatvatee, managing director of Sahacogen […]
Continue Reading
A China – Cambodia joint venture has announced a plan to build a $230 million cement factory in northwestern Cambodia’s Battambang province next month, the Phnom Penh Post reported on Friday. Battambang Conch Cement Company – a joint venture between Chinese firm Conch International Holdings (HK) and local cement company Battambang KT Cement Company – […]
Continue Reading
Boom times ahead for the Kingdom, but is supply meeting demand? At the tail end of 2015, Southeast Asian nations inaugurated the ASEAN Economic Community (AEC), a borderless market for commodities, services, capital, and labour between 10 of the world’s fastest-growing economies. Long seen as a laggard behind more established neighbours Thailand and Vietnam, Cambodia […]
Continue Reading