Construction boom elevating lift demand

Publication date 17 October 2019 | 21:36 | ICT

The Kingdom’s booming construction sector, particularly in Phnom Penh’s high-rise and condo developments, is raising demand for lifts, suppliers have said.



  • Work kicks off on $4.2 billion smart city in Vietnam’s Hanoi

    Publication date 07 October 2019 | 21:11 | ICT

    Work has started on Hanoi’s first smart city project in Dong Anh district, with an investment capital of more than $4.2 billion.

  • Strong condo demand buoys Philippine housing market

    Publication date 03 October 2019 | 11:34 | ICT

    Average Philippine housing prices remained relatively stable in the second quarter of this year, with a closely watched index inching up only slightly thanks to fresh demand for condominium units in Metro Manila, the Bangko Sentral

  • Developers flock to Bangkok’s east as district takes on a new role

    Publication date 02 October 2019 | 21:18 | ICT

    Property developers plan to invest 227 billion baht ($7.4 billion) from 2017 to 2026 in the eastern Bangkok district of Bangna in view of the area becoming a new business hub and a link between Thailand’s capital city and the Easter

  • VN legal system overlaps irk property businesses

    Publication date 02 October 2019 | 21:17 | ICT

    Overlapping legal documents are a major obstacle in need of removal to help construction and the development of housing projects in Vietnam.

  • Urban Village Phase II project announced by HK’s Goldfame

    Publication date 02 October 2019 | 21:17 | ICT

    Hong Kong-based firm Goldfame Group on Wednesday officially announced the construction of Phase II of its Urban Village condominium project.

  • Dubai developers race to lure buyers as downturn bites

    Publication date 02 October 2019 | 20:42 | ICT

    Dubai, a city defined by its glittering towers and man-made islands, is stuck in a five-year property downturn with no end in sight, drawing warnings of an industry reckoning that will see weaker players fail.

  • Ho Chi Minh City ‘should become logistics workforce training hub’

    Publication date 30 September 2019 | 21:11 | ICT

    Developing Vietnam’s Ho Chi Minh City into a supplier of high-quality human and technological resources for the logistics industry was the subject of a recent conference held in the city organised by the municipal Department of Indu

  • Macao: From glitzy casinos to quality tourism

    Publication date 30 September 2019 | 20:59 | ICT

    Sitting on the western side of the Pearl River Delta in southern China, the Macao Special Administrative Region has taken 20 years to transform itself from a place dependent on casinos to a modern city looking to further expand its

  • Real estate projects in HCMC centre stalled

    Publication date 25 September 2019 | 21:16 | ICT

    A number of real estate projects with investment of more than one trillion dong (US$43 million) in the centre of Ho Chi Minh City remain delayed even while the land area for new projects in the city has become increasingly limited.

  • ‘Thai investors shift to resorts’

    Publication date 25 September 2019 | 21:15 | ICT

    Resort properties have sprung back to popularity in Thailand, according to CBRE, a leading international property consultant.