Cambodia News
Source: Reuters Cambodia has reopened a stretch of railway destroyed during the country’s war and officials described it as a step towards boosting regional trade through rail links with neighbours. The Asian Development Bank is contributing $84 million to a $141 million project to repair 650 km (400 miles) of railway linking Cambodia‘s capital, Phnom […]
Continue ReadingOnyx turns focus to serviced apartments Segment viewed as industry growth driver Onyx Hospitality Group, formerly known as Amari Hotels and Resorts, is focusing on serviced apartments as part of its plan to expand its service line and become Asia‘s leading hospitality provider by 2018. The group yesterday launched its first serviced apartment worth 800 […]
Continue ReadingA state news agency says construction will start this month on a railway from southern China to Laos, further connecting the country with its Southeast Asian neighbours. The official Xinhua News Agency reported Friday that the 530-kilometre railway will connect Xishuangbanna city in the southern province of Yunnan to Vientiane, the capital of Laos. Work […]
Continue ReadingNovotel Bangkok Impact will be located within one of Asia’s largest dedicated Event, Convention and Exhibition Centres Accor, the largest international hotel operator in Thailand, announced today the signing of Novotel Bangkok Impact. Being developed by IMPACT Exhibition Management, Novotel Bangkok Impact will open in early 2011. This newly built hotel with 380 guest rooms […]
Continue ReadingEnvironmental and conservation networks in six countries have vowed to fight a big dam planned across the Mekong River at Sayabouri in Laos. “We have been gathering signatures of people who are against this dam,” Thailand’s Chiang Khong Conservation Group leader Niwat Roykaew said at an international meeting in Mexico. “We will fight to the […]
Continue Reading
Cambodia’s first luxury private island resort has released its last remaining over-water villas to potential buyers looking to secure a rare piece of paradise. Song Saa Private Island will be the first resort to be built in Cambodia’s pristine Koh Rong Archipelago, and sets a new standard for responsible high-end accommodation in this emerging tourism […]
Continue Reading
Just two-and-half years after celebrating the opening of its 300th hotel in Asia, Accor Asia Pacific celebrated earlier in 2010 its 400th property. The group forecasts to pass the 500 hotels mark by 2012. Some brand adjustments have, however, been made. Sofitel Luxury Hotel’s ambition is to become the premier French and European ambassador of […]
Continue ReadingTarget set to sell 30% of 268 units this year The listed developer Raimon Land Plc, seeing a recovery in the high-end condo market, has introduced its long-awaited 185 Rajadamri luxury project worth 9.62 billion baht, with 30% of units expected to be sold this year. Raimon does not feel under pressure to speed up […]
Continue ReadingAppointment of CBRE Indochina to sell JSM Indochina’s property portfolio 20 September 2010 – The Board of JSM Indochina Limited (AIM: JSM.L) is pleased to announce that CB Richard Ellis (CBRE) has been appointed to sell the property portfolio owned by JSM Indochina Ltd , comprising assets in Ho Chi Minh City, Vietnam, and Phnom […]
Continue ReadingMong Reththy to build 32M Cooking oil plant Agricultural investment firm Mong Reththy Group and an unnamed Thai company have agreed to invest US$32 million in a joint venture to build Cambodia’s first cooking-oil plant. Mong Reththy, senator and head of Mong Reththy Group, said yesterday that an agreement had been made, and that the […]
Continue Reading