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Property developer Hong Lai Huat Group has inked a joint venture (JV) agreement with HSC Group to explore and mine mineral resources at the former's mixed-use agricultural hub in Cambodia.
A deeper cultural understanding of the Chinese market is necessary to help the Southeast Asian nation leverage the trade agreement to stimulate its Covid-hit economy.
The failed attempt of a Thai king to "relocate" the Angkor Wat temple from Cambodia to Thailand in 1859 was obviously brazen. The story does not end there. Some Thais are still claiming the temple built by Cambodian King Suryavarman II in the 12th century.
Property developer Oxley Holdings has posted a net profit of S$49.5 million for the full year ended June 30, reversing from a loss of S$275.1 million in the previous year.
Delivery Hero SE's Foodpanda has grown into the biggest food-delivery app in Asia, excluding China, and envisions further expansion in areas such as groceries, said Jakob Angele, its head for the Asia-Pacific region.
Property developer Hong Lai Huat Group will design, build and operate a mixed-use agricultural hub in Cambodia, with a total land size of about 10,000 hectares, estimated to be about one-seventh the size of Singapore.
MVLLABS, the company behind South-east Asian ride-hailing service TADA, has raised US$15 million in Series B funding to build an electric vehicle (EV) model for launch in Cambodia.
Singapore's YCH Group and Cambodia's Ministry of Public Works and Transport have signed a framework agreement to develop the Phnom Penh Logistics Complex (PPLC).
Casinos in Cambodia could regain three-fifths of the sector's pre-pandemic revenue this year, led by the VIP segment, a recent report has suggested.
A state-owned Cambodian electricity supplier is shortening the duration of a power purchase agreement that it has with a unit of Asiatic Group (Holdings).
A wholly-owned subsidiary of real estate and agriculture firm Hong Lai Huat Group on Friday entered into an agreement with Lao Channara to acquire a plot of land in Phnom Penh for mixed-use property development for a purchase price of US$22.5 million.
Multi-stage handovers for mixed developments are common in Cambodia and Singapore, and Oxley Holdings's subsidiary adopted the process in August for its project called The Peak with regulatory permission, the property developer said in a clarification announcement filed on the Singapore Exchange website on Friday night.
The regional textile industry has come under near-term threat from the global Covid-19 outbreak, especially for key producer Cambodia.
Mainboard-listed real estate and agriculture firm Hong Lai Huat Group has inked a non-binding memorandum of understanding (MOU) with Denmark-based farm equipment supplier Skiold.
Gaming and leisure player NagaCorp has gained approval from the Cambodian authorities to reopen its casino businesses in the country, said the company, which has issued debt securities on the Singapore Exchange, in a Sunday bourse filing.
Cambodia, Myanmar, and Vietnam are among the Asian countries poised to gain most from shifts in apparel manufacturing, according to a Fitch Solutions July 13 report.
Oxley Holdings' subsidiary, Oxley Gem (Cambodia), on April 1 commenced formal legal proceedings in Singapore against its former contractor Sino Great Wall Engineering (SGW).
It wants to build 'smart' and 'liveable' cities to draw investment, talent and boost the economy, but lacks funds and coherent strategy.
Following a major drop in the first four months of 2018, Cambodia's construction sector strengthened in the first quarter of this year. Industry experts believe strong figures were driven largely by commercial projects.
A global leader in digital payments Visa Inc. said in its Cambodia's Visa Consumer Payment Attitudes report released on Thursday that the Cambodians are some of the most prepared citizens in terms of adopting cashless payments.
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