Cambodia News
The Joint Foreign Chambers of Commerce in Thailand (JFCCT) should be congratulated for raising the issue of foreign ownership and seeking to improve inbound real estate investment into Thailand. CB Richard Ellis (CBRE) Thailand adds our wholehearted support to a review of Thailand’s policy regarding foreign ownership. CBRE Thailand would like to state, on behalf […]
Continue ReadingTo the tourists, Cambodia is mostly known for being home to the fabled city of Angkor Wat with its myriad of beautiful temples. At some point over the next twenty years, Cambodia might become famous for Angkor Hills. The project is the brainchild of Okhna Soth Sambath, a Cambodian businessman. The affable man is said […]
Continue ReadingMissing links in Thai hub plan Thailand has long aimed to establish itself as a regional trade and investment hub, leveraging into the country’s central Southeast Asian geography and East meets West openness. While a political push and expanding regional trade has given new life to those ambitions, its not clear to most analysts Thailand […]
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Lower costs plus export opportunities Knocked-down houses made from expanded polystyrene (EPS) foam have been a small and struggling niche market for three decades but builders today are seeing brighter opportunities to expand their reach to overseas customers. The Cement Foam Design Association, a group of small and medium-sized companies, says 20 of its members […]
Continue ReadingFresh legislation easing restrictions on foreign ownership of property in Cambodia has led to rise in transactions which is helping the market, according to Sung Bonna, President of National Valuers Association of Cambodia (NVAC). Having undoubtedly had its appetite whet by the property success in nearby Thailand, Cambodia has introduced a new foreign ownership law […]
Continue ReadingThe Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]
Continue ReadingTen-year plan to recapture leadership Japan’s Hitachi Group will boost its local production capacity for elevators, escalators and moving sidewalks in a bid to meet growing demand both in Thailand and internationally. The long-term plan extending to 2020 is aimed at reclaiming Hitachi’s leadership position within the industry. Phornthep Phornprapha, chairman of the local joint […]
Continue ReadingThe Deputy Prime Minister of Cambodia, H.E. Tea Banh, presided over the grand opening ceremonies last week of the Sofitel Phnom Penh Phokeethra, the first five-star hotel debut in Phnom Penh since the 1990s. As a representative of Prime Minister Hun Sen, General Tea Banh noted that the hotel’s opening was bound to improve the […]
Continue ReadingSome 400 people from provinces along the Mekong River in the North and Northeast gathered yesterday in Nong Khai’s Si Chiang Mai district to voice their opposition against Laos’ proposed Xayaburi hydropower project, which they believe will have a negative impact on their lives. The protesters also signed a letter to Prime Minister Abhisit Vejjajiva, […]
Continue ReadingBinh Dinh has approved the Phuong Mai 1 wind power plant in Nhon Hoi with 12 wind turbines and a total capacity of 30MW. According to the plan, the wind farm will cover 142 hectares and will have 12 wind turbines and a total capacity of 30MW. The wind farm is scheduled to begin construction work in the […]
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