Chinese firm eyes eco-tourism in Kingdom

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VietStock FI English 2 week(s) ago

Chinese company Ratelong Inc has plans to build a rice research facility and set up an eco-tourism business in Mondulkiri, after the proposal was welcomed by the minister of commerce earlier this week.

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New boss to take over from Sok Bun

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VietStock FI English 2 week(s) ago

Following real estate tycoon Sok Bun’s resignation last month, Teho International, developers of the $500 million The Bay condominium and hotel project, have appointed Yim Chhay Line as a director to the board of the joint venture in Cambodia.

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Gaming firm gaining momentum with slot machines

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VietStock FI English 3 week(s) ago

US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015.

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Insurance growing with rising awareness

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VietStock FI English 3 week(s) ago

Growth in the general insurance sector was up 20 per cent for the first six months of the year, as the Kingdom continues to experience high growth and foreign firms pour money into the nascent industry, according to the president of the Insurance Association of Cambodia.

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Loan growth risks up for debate

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VietStock FI English 3 week(s) ago

Bank deposits and loans during the first half of this year grew significantly as compared with the same period in 2014, with loans alone increasing over 30 per cent, drawing mixed reactions from industry insiders on the risks of this rapid credit growth.

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PPSEZ sets sights on German manufacturers

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VietStock FI English 3 week(s) ago

Having established itself with Japanese automotive parts manufacturers, Phnom Penh Special Economic Zone said on Friday that going forward it will target German companies with similar operations, to increase investments at its current and proposed Poipet economic zones.

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Cambodia behind the regional pack

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VietStock FI English 3 week(s) ago

This week, the European Union and Vietnam agreed, in principle, to a free-trade agreement that will see the Kingdom’s neighbour benefit from reduced-tariff access to European markets.

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Thai visa plan expected to push Cambodia tourism

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VietStock FI English 3 week(s) ago 2 related news

Aiming to boost tourism numbers in its own country, Thailand has approved a multiple-entry visa that will allow tourists to leave and re-enter the country several times during a six month period, the Bangkok Post reported yesterday.

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Tax breaks without roadways a meaningless gesture: CDC

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VietStock FI English 3 week(s) ago

Regardless of how attractive Cambodia’s incentive policies are, tax holidays and custom tariff reductions designed to lure investment will not be enough to overcome infrastructure shortfalls, like poor roads and high power costs, officials at an investment seminar in Phnom Penh said yesterday.

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7 pitfalls to avoid for condo investment

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VietStock FI English 3 week(s) ago

Local property experts agree that investors in Cambodia’s residential property market can generate relatively high annual returns on their investment with figures ranging from six to 12 per cent, especially within the condominium market that attracts both locals and foreigners alike. However, not all developments are created equal, and numerous factors should be taken into consideration to help investors see positive results. While business always carries with it a certain amount of risk, Post Property spoke to three industry experts...

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What is the Value of Property Valuation?

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VietStock FI English 3 week(s) ago

What is the Value of Property Valuation?

While appraisals are generally performed by skilled professionals, anyone involved in a real estate transaction can benefit from gaining a basic understanding of the different methods of valuation.

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Without regulations, Fire prevention law provides little safety

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VietStock FI English 3 week(s) ago

Currently, the private sector is the only real force bringing fire prevention and response considerations into new building developments in Cambodia, says Paul Hurford, Managing Director of Azisafe Cambodia. Yet, even these standards can prove problematic in the Cambodian firefighting environment.

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High on the rise, what it means for development

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VietStock FI English 3 week(s) ago

High on the rise, what it means for development

Over recent years, Phnom Penh’s skyline has been changing at breakneck speed as taller and taller buildings change one of Southeast Asia’s last low-rise capitals.

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Businesses foresee challenge from EU-VN trade deal

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VietStock FI English 3 week(s) ago

Industry insiders say that the looming Vietnam-EU free trade agreement, which gives Cambodia’s neighbour duty-free exports to the European market, may not have an immediate impact, but will potentially eat into similar advantages the Kingdom enjoys in the longer-term.

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Ticket sales at temples tracking to last year

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VietStock FI English 3 week(s) ago

Year-on-year ticket sales at Angkor Wat have remained flat for the first seven months of 2015, while visitor numbers to the historic site dipped by two per cent, data from Apsara Authority shows.

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