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Construction Projects Increase 50 Percent in 2019

Construction Projects Increase 50 Percent in 2019 Construction projects were 4,446 projects in 2019, a 55 percent increase compared to a year before, while investment amount was US$9.3 billion, a 78 percent increase. Annual report from Ministry…

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Over 1,000 constructions inspected, 27 demolished

Over 1,000 constructions inspected, 27 demolished Authorities demolished 27 constructions that were found to have posed a high risk to safety. They ordered another 636 sites to sign contracts agreeing to comply with legal procedures this year,…

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PM: ‘Border ravaged by war must enrich people’

PM: ‘Border ravaged by war must enrich people’ Prime Minister Hun Sen has called for further investment in establishing special economic zones (SEZs) along the border with neighbouring Vietnam. Hun Sen was speaking at the inauguration of the…

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Gov’t, World Bank preparing sustainable ecotourism plan

Gov’t, World Bank preparing sustainable ecotourism plan The Ministry of Environment is working with the World Bank to prepare a Sustainable Landscape and Eco-tourism project to improve the effectiveness of natural resources management, eco-tourism and the value…

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Acleda, PPCBank granted listing eligibility

Acleda, PPCBank granted listing eligibility Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities…

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Daiwa to expand REIT business as low rates persist

Daiwa to expand REIT business as low rates persist Daiwa Securities Group Inc. is expanding its real estate investment trust business as low interest rates continue to drive investors into domestic property funds.Japan’s second-biggest … Source: real…

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