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Philippines: Century Properties profit falls 24% in Q1

MANILA, Philippines — Century Properties Group Inc. (CPG), the listed property developer of the Antonio family, posted a net income of P290 million in the first quarter of the year, down by 24 percent from P384 million a year ago. Consolidated revenue stood at P2.8 billion during the period, flat compared to the P2.77 billion posted […]

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Cambodia: Phnom Penh Mega mall ready by 2022

The construction of the Chip Mong 271 Mega Mall is 20 percent complete after it broke ground in August 2018 and be ready to serve customers by 2022, according to the senior executive of the Chip Mong Retail. It’s planned to be 150,000 square meters, five floors, with car parking space for 2,000 cars and […]

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Thailand: Outlet mall opens shop adjacent Suvarnabhumi

Siam Piwat Simon, a joint venture between Siam Piwat and Simon Property Group, announced it will open Siam Premium Outlets Bangkok on June 19, the second outlet mall to open near Suvarnabhumi airport. The outlets will offer shoppers savings of up to 70% on global luxury goods, international and local fashion, sportswear, leather goods and […]

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