CBRE Cambodia logo

Residential

Residential Project Marketing

Commercial

Monthly Archives: October 2010

Deregulation encourages overseas investment in Cambodian real estate

The new law permitting foreigners to own up to 70% of a Condominium complex has helped increase investment in Cambodia’s property market. In the residential market, developers have experienced a boost in condo and villa sales from investors expecting an attractive rental yield. Furthermore, since the sub-decree was passed, a number of Korean investors have

More Detail

Air France to offer direct flights to Cambodia

Air France plans to resume direct flights from Paris to Phnom Penh for the first time in 35 years. The proposed move has the support from both the French ambassador and Prime Minister, Hun Sen. Currently, visitors from Europe have to take connecting flights to Phnom Penh from Thailand, Malaysia or Vietnam which can be

More Detail

Profits rise in Cambodia’s biggest banks

Cambodia’s two largest banks, Canadia and ACLEDA, reported substantial profit increases for the second quarter of the financial year compared to the previous three months. Canadia’s profits rose by 14% while ACLEDA’s grew by 29.6%. Both banks attributed the profits rise to the strong performance of the tourism, garment and agricultural sectors. The increased income

More Detail

Profits rise in Cambodia's biggest banks

Cambodia’s two largest banks, Canadia and ACLEDA, reported substantial profit increases for the second quarter of the financial year compared to the previous three months. Canadia’s profits rose by 14% while ACLEDA’s grew by 29.6%. Both banks attributed the profits rise to the strong performance of the tourism, garment and agricultural sectors. The increased income

More Detail

ADB touts Cambodia’s strong economic prospects

The Asian Development Bank (ADB) has upwardly revised its 2010 growth forecasts for Cambodia, boosting them from 4.5% to 5%. The success enjoyed by the agricultural, garment and tourism sectors were the main reasons cited for the predicted increase in the higher forecasts. The report also focused on the benefits generated by the growing Chinese

More Detail