Phnom Penh (VNA) - Japanese-owned multinational Aeon Mall (Cambodia) Co Ltd has announced that it is breaking ground on the construction of the Aeon Mall 3 project in Phnom Penh with an investment of more than 200 million USD. The five-storey shopping mall will be located on the outskirts of the city and construction will take 27 months, the Phnom Penh Post reported. Phnom Penh Governor Khuong Sreng said at a groundbreaking ceremony that based on the 2035 Phnom Penh Land Use Master Plan, the southern part of the city has been designated as a new development area for high-rise construction and luxury satellite city projects to ensure the effective use of existing land in the city. He appreciated the progress and the decision of the company to invest in the development of shopping malls from the first project to the third project in Phnom Penh. “On behalf of the Phnom Penh administration, I support, welcome and encourage investment in all service businesses in the city. … [Read more...] about Cambodia: Work stars on Aeon Mall 3 in Phnom Penh
2018 auditors report real estate
“In Asia-Pacific, business owners and operators have to juggle costs, value creation, and profit. In some locales where real estate is costly, such as Singapore and other metropolitan cities, cobots can be a tremendous help in maximising floor space with human operators and cobots working in tandem to achieve the highest levels of production while adhering to physical distancing guidelines,” said James McKew, Regional Director of APAC, Universal Robots. … [Read more...] about Cobots to grow exponentially in the very near future
As a notable trend, most developers are focusing on generating superlative experiences and value-added services to attract shoppers. Therefore, more shopping malls are expected to get rejuvenated with better tenant mix, infrastructure and added services in upcoming time. … [Read more...] about Hanoi retail market: Landlords reshuffle tenant mixes
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?
“The first time I looked at big scars and considered what to do, their strange shapes made me a little anxious. But I didn’t want to disappoint the customer, so tried to find a way to make it work. Gradually, I began to understand the nature of scar tissue and could always come up with a layout and image.” … [Read more...] about Tattoos with an understanding touch