Less susceptible to floods, southern Phnom Penh appeals to developers

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VietStock FI English 3 week(s) ago

The connection of the 60-metre wide and nine-kilometre long Samdech Techo Hun Sen Street, with the expansion of the city belt towards National Road 2 and National Road 3, are the main catalysts in attracting developers to southern Phnom Penh.

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Sky Tree celebrates its success with a big open launch party

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VietStock FI English 3 week(s) ago

After the Cambodian developer J&L Property Development announced to take on Phnom Penh’s north, and offer under-market priced and high-quality condominiums with superior infrastructure in late April this year, bookings for the 1,104-unit condo development have poured in from all over the world.

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It’s just a temporary thing

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VietStock FI English 3 week(s) ago

Lurked behind Aeon Mall is a relatively concealed cluster of restaurants and bars catering mostly to young Cambodians.

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Serviced apartment market shows room for growth

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VietStock FI English 3 week(s) ago

While rapid growth in Phnom Penh’s condominium market is showing signs of slowing down, one segment ripe for expansion is the serviced apartment market.

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Realestate.com.kh forges path for offshore property development sales

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VietStock FI English 3 week(s) ago

Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural Cambodian Property Show at the Marriott hotel in Singapore last weekend.

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PM raises doubts on ASEAN Economic Community

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VietStock FI English 3 week(s) ago

PM raises doubts on ASEAN Economic Community

Prime Minister Hun Sen questioned yesterday the extent of the ASEAN Economic Community’s (AEC) commitment towards forming an inclusive economic region as countries continue to compete with each other for agricultural exports and inflows of foreign direct investment.

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Rice federation to vote for president on July 2

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VietStock FI English 3 week(s) ago

Rice federation to vote for president on July 2

With voting set to take place on July 2 to elect the next president of the Cambodian Rice Federation (CRF), the organisation has pledged to further strengthen its mandate, while rice millers and exporters claim they have lost confidence in the organisation’s ability to achieve necessary reforms.

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Cold Stone Creamery set to open first branch in Tuol Kork

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VietStock FI English 3 week(s) ago

US-based Cold Stone Creamery will officially open its landmark shop in Cambodia this Saturday at its Tuol Kork location.

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Brown pulls Gong Cha franchise

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VietStock FI English 3 week(s) ago

Brown Coffee announced yesterday that it has closed all five locations of the Taiwanese-based beverage franchise giant Gong Cha after profits underperformed, Brown’s Chief Executive Officer confirmed.

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Tycoon Try Pheap plans Kampot port

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VietStock FI English 3 week(s) ago

With ever-diversifying business interests, timber tycoon Try Pheap, who has been accused by Global Witness of running large-scale illegal timber operations in protected forest areas, plans on beginning construction of a $300 million international port located on the coastline of Kampot province later this year, a company spokesman confirmed yesterday.

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Cha-Ching teaches financial literacy

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VietStock FI English 3 week(s) ago

Prudence Foundation, established by Prudential Life Insurance, launched its nationwide financial literacy program Cha-Ching yesterday.

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Customs pressures exporters to register with GDT

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VietStock FI English 3 week(s) ago

Customs pressures exporters to register with GDT

Cambodia's Customs Department announced on May 27 that it would stop processing paperwork for import and export companies, and halt cross-border activity if they fail to meet today’s deadline for online tax registration.

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Patent treaty heads to Cambodian cabinet

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VietStock FI English 3 week(s) ago

The Ministry of Industry and Handicraft announced plans to register Cambodia as a member of the Patent Cooperation Treaty (PCT), an international patent law treaty, as a way to protect inventions in Cambodia.

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Phnom Penh garment factory plans to close

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VietStock FI English 3 week(s) ago

Malaysian-owned Global Apparels Limited, a garment factory in Phnom Penh, announced that the factory would close by October of this year, a company staff member confirmed yesterday.

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PPSP begins trading on stock exchange

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VietStock FI English 1 month(s) ago

PPSP begins trading on stock exchange

Shares in Phnom Penh SEZ debuted on Cambodia’s nascent stock exchange yesterday morning, ending the day at 2,890 riel ($0.71), down slightly more than 3 per cent from its opening price of 2,980 riel after an underwhelming level of trading.

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