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CBRE (Cambodia)'s latest report shows that land prices in Cambodia have soared by about 225% in the past 10 years. In the next 10 years, land prices in Cambodia will grow at about 7% a year. 根据世邦魏理仕（柬埔寨）公布的最评估报告，柬埔寨的土地价格将在未来10年内继续以平均每年约7％的速度增长。 世邦魏理仕（柬埔寨）评估报告显示，过去10年，柬埔寨的土地价格飙升了约225％。未来10年，柬埔寨的土地价格将保持年约7％的增长速度。 世邦魏理仕（柬埔寨）的这一预测是基于供需趋势以及与泰国和越南相似的基础。同时利益于柬埔寨持续和平、政治稳定、经济增长、物质基础设施改善和人口因素等因素。 评估报告显示，第三季度，金边的公寓供应量温和上涨，增加了2374个单位住宅。公寓市场的总供应量环比增长1.8％，可用单位总数达到12048个。在新增的供应单位中，有80％以上属于高端公寓。 此外，第三季度有6个新的公寓项目启动，其中大部分位于二级地区。新推出的项目为供应渠道增加了2374个单位住宅，新建项目的季度环比增长了5.2％。报告认为，此数据表明开发商重新获得信心。 目前，整个公寓板块的销售价格保持稳定，与第二季度相比，小幅上涨。其中，高端公寓房价格上涨0.5％。但是，中档公寓价格与去年同期相比下跌了2％。 今年前9个月，国土规划建设部共批准了2541个项目的建设许可证，总价值为48.2亿美元。 数据源：高棉日报  

In the US-China trade war, the United States has raised tariffs on more than $250 billion, and China has hit back on US products worth $110 billion. Because of the trade war, foreign companies in China and China's manufacturing industry are planning to go to Southeast Asia to set up factories or increase procurement. Cambodia's high economic growth, open economic policy, high political stability and dollar-denominated advantages make him the best investment country in Southeast Asia. Because of six advantages-"good location, art brand, high quality, excellent planning , six star property management, high security" ,Picasso City Garden, well-known luxury property in Phnom Penh, makes it become Phnom Penh residential top-level pointer.  Picasso City Garden is also the first choice of overseas investment hedging.

According to the latest data report released by the Cambodian Telecommunications Authority (TRC) on October 15, as of September 2018, there were 7 mobile communication operators, 7 mobile Internet operators and 37 fixed Internet operators nationwide, nearly 20 million. Mobile phone card users and 12 million. The number of mobile phone card users nationwide reached 19.17 million 5536, the usage rate of mobile phone cards of Chinese people was as high as 118%, which was 3.24% higher than that of 2017; the number of fixed telephone users was 103,340, accounting for 0.84% of the national population, down 22.24% from the end of 2017. Source: KhmerDaily

3e3rd layer of foundation excavation Constructional engineering of Picasso City Garden is completed 50%. The third layer of circular struts is completed. The forth layer of foundation excavation is in progress and 60% of it is completed. Honest, Profession, and Safety are our philosophies. Due to the philosophies, we regularly announced construction status of Picasso City Garden to our clients. They can monitor the project and get well understanding about their investment. Please visit Picasso City Garden official website for more information. Picasso City Garden official website: http://t.cn/EhL9B3c  

Cambodian Tourism Minister Thong Khon said that Cambodia needs 100,000 hotels and B&B rooms by 2025 to cope with the increasing demand of domestic and foreign tourists, of which about 60,000 are high-end hotel rooms. There will be 15 million tourists by 2030, and 6.2 million by 2020. Therefore, the department appealed to foreign manufacturers to invest in the hotel industry. Ho Vandy, secretary-general of the Cambodia National Tourism Alliance, also agreed with Minister Tang that the information was extremely encouraging. According to the Cambodian Ministry of Tourism, Cambodia currently has 800 hotels with 46,000 rooms, of which 20,000 are deluxe rooms. From January to July of this year (2018), Cambodia has attracted a total of 3.45 million foreign tourists, a year-on-year growth of 11.1%. Source: Taiwan Trade.com

In China's mid-Autumn Festival holiday this year, the housing market is still flat. Houses sales in September and October, China real estate's most important sales season,  may not be good as expected.  Housing prices in some regions return to rationality. People are not rushing to buy homes in big cities today. The real estate industry has made some special promotions, such as discount or reducing price, to get cash, and the housing market has gradually entered the buyer's market. During September, 18 builders supplied more than 9,000 homes, but less than 40% sold successfully. In the first half of this year, the weighted average net debt ratio of 170 builders had increased to 92.56%, an increase of 4.04% from the beginning of the year. 60% of firms ' net debt…

McKinsey, the international consulting firm, recently released a report that Cambodia is one of the few "recent winners" in emerging economies. In the 71 surveyed emerging economies, East and South-East Asia are  the best performing regions in the world, with 7 "long-term winners" (China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea and Thailand) and 4 "recent winners" (Cambodia, Laos, Burma and Viet Nam), which form the largest economic sector, Accounts for 47% of GDP in emerging global economies. Among them, Cambodia is one of the "recent winners". Cambodia has 5 of the 8 key indicators, including the domestic savings rate, government efficiency, innovation Index, export and Unicom index, among others. The report also points out that the countries such as Cambodia are still in the process of development and continue to…

With the trade tension between the United States and China intensifying, Goldman Sachs sees the possibility of the US eventually imposing tariffs on all imports from China. The US absorbed more than $500 billion worth of Chinese goods in 2017, while China took in US goods worth only $130 billion. This imbalance has irked the US President Donald Trump who is now looking to correct it. Hence, Goldman Sachs feels the probability of the US subjecting all Chinese goods to tariffs has risen by 60 percent. Once scale of the trade war expanded,  price increasing of products will push inflation growth. “The effects on inflation are clearer: The measures announced to date look set to push up US core inflation by around 0.1 pp, and about twice if the next round…

The asean+3 macroeconomic (AMRO) predicts that Cambodia's economic growth rate could reach 7.2% this year, compared with previous forecasts by international organizations and the Cambodian Central bank. Amro, an organization of the overall economic assessment of the region, recently published its report on Cambodia. According to the report, Cambodia's economic expansion this year will be underpinned by the sound development of the construction industry. Amro said Cambodia's international foreign exchange reserves would amount to $10 billion, enough to cover 6 months of imports. Junhong Chang, director of Amro in Cambodia, said in a meeting with Shehendu, president of the Central Bank of Cambodia, that political stability is the cornerstone of social and economic development and sustainable economic growth. To sustain this growth, he suggested that Cambodia accelerate structural reforms, prioritize…

The first CRS financial information exchange was conducted in China on September 1. Since the global financial strategic cooperation, the CRS itself has set off a small storm. In fact, in the globalization, overseas property, global asset allocation and overseas tax management based on investment immigration have become an inevitable trend, high net worth people need to take full account of the CRS impact on wealth, family, and make arrangements as early as possible. What is CRS? CRS (Common Reporting Standard), which is a common reporting guideline, is based on one of the contents of the automatic exchange of tax information for financial accounts (i.e. AEOI standards) issued by the Organisation for Economic Co-operation and Development (OECD) in July 2014. The tax system, which aims to combat cross-border tax evasion…