We’re delighted to share the weekly news highlights below.   Unlocking success in Cambodia’s retail market: CBRE Panel explores repositioning, refilling, and repurposing CBRE Cambodia hosted a thought-provoking panel discussion on the 4th of September, 2023, aimed at shedding light on the dynamic Cambodian retail market. Real estate experts gathered to delve into the sector’s […]

As an investor in the real estate sector in Cambodia, understanding taxes imposed on real estate is a crucial part of the investment. Earlier this year in May 2023, the Royal Krom No. NS/RKM/0523/004 (“Law on Taxation”) declared a new amendment made to existing taxation laws in Cambodia. The Royal Krom was put into force […]

We’re delighted to share the weekly news highlights below. Global latex prices impact exports in first 7 mo of ‘23 Declining global latex prices impacted Cambodia’s latex and rubber wood export revenue in the first seven months of 2023, resulting in a 10.9 per cent drop in value to $230 million from $257 million in […]

We’re delighted to share the weekly news highlights below. US$3bn Buddhist Peace Culture Centre to be Built in Siem Reap An awe-inspiring project that embraces serenity, spirituality, and global unity is set to grace the vibrant landscapes of Siem Reap province in December this year. August 24, 2023 | Construction Property | Link: https://tinyurl.com/3d3e25b3 Battambang […]

Having a home of your own is much more than just living there, for some it is a dream come true. This achievement provides a sense of security and comfort while to many, having a home means having a comfort zone to enjoy after a stressful or hard day or a place to feel safe. […]

We’re delighted to share the weekly news highlights below. $Exports through SEZs up by $1.39 billion in H1 Cambodia’s exports from Special Economic Zones (SEZs) increased to $1.39 billion in the first half of 2023, despite the Covid-19 pandemic and the global economic uncertainty. SEZs have contributed to the diversification and development of Cambodia’s economy […]

Purchasing land in Cambodia is a great investment that brings back huge profits to investors. However, before enjoying those profits, investors are advised to be careful when investing. With the push forward in developing more urban centers in Cambodia, many landed areas are now seeing a peak in their market value. Nonetheless, issues concerning land […]

We’re delighted to share the weekly news highlights below. MoT Approved Master Plan to transform Kep into High-End Luxury Tourist Haven The Cambodian government, with its sights set on fostering unparalleled tourism growth, has granted approval to the Kep Tourism Development Master Plan 2023-2035. August 14, 2023| Construction Property | Link: https://tinyurl.com/yc7e4ye5 Property Insurance Premiums […]

We’re delighted to share the weekly news highlights below. ADB Catalyses Cambodia’s Skill Renaissance with US$100m Investment in Industrial & Technological Expertise In a significant stride towards Cambodia’s future workforce empowerment, the Asian Development Bank (ADB) has confirmed a commitment to a US$100 million loan. The strategic infusion is poised to reshape Cambodia’s economic trajectory, […]

Buying a new residential property can be a thrilling experience, especially for first-time homebuyers. There are a lot of factors to consider when it comes to purchasing a residential property, and the home-buying process can be energy and time-consuming when you don’t have a detailed plan ready to move forward. It can be overwhelming for […]

We’re delighted to share the weekly news highlights below. Elevating Travel Horizons: Siem Reap International Airport Set to Soar on 16 October A milestone in Cambodia’s aviation landscape is set to unfold as the new Siem Reap International Airport opens for flights on 16 October 2023. The Secretariat of State for Civil Aviation confirmed the […]

We’re delighted to share the weekly news highlights below. Cambodia breaks ground on national data center Cambodia is building a new national data center in Phnom Penh that will store and secure both government and private data. The $30 million project, which aims to boost the country’s digital development, will seek Tier IV certification and […]

Stability becomes an essential part of our lives as we enter adulthood, whether in our mid-20s or early 30s. Owning a residential property provides the stability and comfort we seek, eliminating concerns about high monthly rents, utility bills, necessities expenses, and unforeseen costs. If you are considering purchasing your own residential property, now is a […]

With the increasing demand for housing in Cambodia and the combination of higher household income among middle-class groups and urbanized lifestyles, condominiums have gained immense popularity as affordable housing for citizens. According to CBRE Cambodia research, the first quarter of 2023 indicates a stable demand for condominium sales, despite uncertainties in the market. Condominium purchases […]

We’re delighted to share the weekly news highlights below. FDI in Cambodia Surges to US$45 Billion in Q1 2023 In an impressive display of investor confidence, Cambodia’s foreign direct investment (FDI) has soared to over US$45.8 billion in the first quarter of 2023. According to a report from the National Bank of Cambodia, the country […]

We’re delighted to share the weekly news highlights below. Int’l airports welcome 2.48M passengers in H1 The international airports in Phnom Penh, Siem Reap, and Sihanoukville welcomed a combined 2.48 million passengers in the first half of this year, a staggering 270 percent increase over the same period in 2022, a senior official at the […]

We’re delighted to share the weekly news highlights below. Aeon Mall Meanchey Selected as a Prime Station for Phnom Penh-Techo International Airport Rail Line In an exciting development for Cambodia’s transportation infrastructure, the Ministry of Public Works and Transport (MPWT) has officially announced that the upcoming light rail or underground train project connecting Phnom Penh […]

We’re delighted to share the weekly news highlights below. Progress Update: Rehabilitation of NR No. 48 from Sre Ambil to Koh Kong Reaches 31% The highly anticipated rehabilitation project of NR No. 48, stretching 148 kilometers from the Sre Ambil road intersection on NR No. 4 to Khemarak Phoumin City in Koh Kong Province, has […]