A lot of foreign businesses are taking an interest in the Kingdom of Cambodia due to its attractive investment environment. As such, local entrepreneurs have thrown in their lot to set up real estate companies to meet the demands of…
Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. That’s because of COVID-19 has reared its ugly head, knocking…
A senior official of the Ministry of Commerce said negotiations on the free-trade agreement (FTA) between Cambodia and China have achieved about 70 percent success so far and they are expected to sign the agreement by the end of the…
The Asian Development Bank (ABD) has slashed Cambodia’s 2020 gross domestic product (GDP) growth to 2.3 per cent from its initial 6.8 per cent forecast due to the slowdown in major economies and China and reduced access to export markets….
Cambodia registered 40 new investment projects worth more than US$900 million in the first three months of this year, according to the Council for the Development of Cambodia (CDC). The approved projects include the production of clothing, travel goods, household…
The Asian Development Bank (ADB) said the Kingdom will see losses amount to more than $390 million due to the economic impact of the Covid-19 outbreak this year. Cambodia is also set to suffer the worst economic impacts caused by…
A Japanese firm has been conducting a study on investment possibility in raising Tilapia – a freshwater fish species in Cambodia, according to JICA. The information was shared by JICA representative in Cambodia in a meeting with Veng Sakhon, Minister…
A group of Japanese investors are Kingdom-bound later this year, with the aim of exploring business opportunities to further add to their country’s existing portfolio of businesses. Figures released for 2019 from the Council for the Development of Cambodia (CDC),…
Last year saw the addition of 3,838 units to the condominium supply, bringing the total number in Phnom Penh to 18,008, research firm CBRE said. The condo supply last year grew by 27 per cent with the completion of 11…