Currently, Chip Mong Bank has total 13 branches, including 10 in Phnom Penh and 3 in Kampong Cham, Battambang, and Siem Reap, They also have as well over 130 banking… Read More »Chip Mong Bank’s assets rapidly growth to $1 billion last three years
The implementation of the “Mondulkiri Tourism Development Master Plan (2021–2035) has been officially announced. Airport projects will be restarted and there will be more travel, which will increase demand for… Read More »The Mondulkiri Airport project plan to rebuild
PHNOM PENH: Many local investors have been developing more affordable housing in recent years, but many people have also purchased plots of land for future use. According to Oknha Sam… Read More »Experts advise affordable housing rather than land plots development
Back in 2020, Cambodia’s prime minister, Samdech Techo Hun Sen, established an inter-ministerial commission to accelerate the Phnom Penh-Bavet Expressway project. There are 17 members in total, with the Minister… Read More »Ministry urges Phnom Penh-Bavet expressway study project to complete by deadline
Between 2015 and 2030, the demand for housing in Cambodia is approximately 800,000 units, as per the Royal Government’s policy plan, which means an average annual demand of 50,000 to… Read More »Cambodia’s housing demand exceeds 50,000 per year
PHNOM PENH: Real estate developers have cut sales of condominium units by an average of 13% to boost sales, as the market appears to have calmed down during COVID-19 due… Read More »The condo market becoming the opportunities for local investors
PHNOM PENH: By 2021, more than $4 billion have invested in Cambodian housing development projects, including Borey, apartment, and detached housing projects. There were 81 housing projects and housing units… Read More »Over $4 billion pours into Borey and apartment developing
The Cambodian economy is predicted to rebound with 5.6 percent growth by 2022. The growth rate will be 6.6 percent in 2023 and 7.6 percent in 2024. After seeing Cambodia’s… Read More »Korea intends to transform Phnom Penh into a green metropolis as Seoul
Phnom Penh-Sihanoukville Expressway is expected to be operating in June this year, while the construction is about to be completed very soon. According to the official page of the project,… Read More »The Phnom Penh-Sihanoukville Expressway is set to open in June
COVID-19 cannot stop the housing development in Cambodia. A study by Century 21 Zillion Holding reports that there were about 62 housing development projects in Cambodia last year, with 20,000… Read More »20,000 units housing project completed last year
Korea has provided Cambodia with some hundreds of millions of dollars in concessional loans to support Cambodia’s development strategies. South Korea announced the additional concessions through the new Framework Arrangement… Read More »Korea pledged $1.2 billion additional concessional loans for 2022-2026
