Land sales in Cambodia are booming in the suburbs and cities, making many people become rich in the blink of an eye, while some traders make huge profits from this sector until they become tycoons and billionaires. As land purchases ...
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On: January 7, 2022
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Cambodia’s digital currency reaches nearly half the population
SINGAPORE — A digital currency run by the Cambodian central bank has been named one of the Awards for Excellence winners of the 2021 Nikkei Superior Products and Services Awards for its innovative technology and impact on the country’s economic ...
On: December 27, 2021
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Reopening economy to boost property market confidence
Cambodia’s relentless efforts in fighting its COVID-19 situation have been a tough 2 years with over 100,000 infected and around 2,500 deaths. But as vaccines continue to be administered, daily infection rates on the decline, and overall adjustments made by ...
On: December 26, 2021
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Indonesia growing interest for investment in Cambodia
Indonesia is interested in investment opportunities in Cambodia in the agriculture, agro-industry, renewable energy, construction and real estate sectors. That interest was raised at a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Cambodian conglomerates in the agricultural and ...
On: December 26, 2021
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Bargains and tough times in Phnom Penh real estate
The second half of the year is likely to continue to be tough for property developers, providing potential bargains for buyers and renters, according to CBRE, Cambodia’s largest foreign-owned property consultancy. CBRE says a real estate recovery in 2022 depends ...