Chean Chhoeng Thai Group Co Ltd, a sister firm to China’s Yuetai Group has announced a more than $500 million investment to develop a parcel of land along Phnom Penh’s riverside, indicates approval documents from the Council for the
Capital investment in the construction sector totalled over $23 billion in the last five-and-a-half years, the Cambodia Constructor Association (CCA) said.
Growth in the Kingdom’s construction sector has led to Cambodia becoming the largest importer of Vietnamese steel, taking in nearly 40 per cent of what the neighbouring country has exported over the last seven months, data from Viet
Caretaker Prime Minister Hun Sen on Wednesday called on officials from the Ministry of Economy and Finance to re-examine the duties on property transfers, saying the current fee system is outdated as it is three years old.
Home rental website Airbnb has scrapped a contest offering a chance to spend the night at a section of the Great Wall of China after an online backlash from people worried it could damage the site.
Sihanoukville, the Kingdom’s most famous beach destination for tourists, is seemingly becoming a paradise for Chinese investors as well.
A skyscraper in southwest China that boasts what its owner calls the world’s largest man-made waterfall has become the latest example of over-the-top architecture to draw national ridicule.
Private investment in retirement homes is on the rise in Thailand, with Thonburi Healthcare Group among those companies eyeing the market potential amid an ageing society.
Indonesia’s Vice Foreign Minister AM Fachir says he would not rule out investments from businessmen of his country in the Colombo Financial City, being built with Chinese assistance.
More than 2,000 condominiums have been added to the capital’s market in the second quarter of this year, bringing the total supply to nearly 12,000 by the end of June, said a report by property agency CBRE Cambodia.