Urbanland Breaks New Ground with Chankiri 2 – Another New Borey Concept Designed for Better Living
Urbanland is pleased to share the news of the groundbreaking ceremony held on Thursday, 09 October, for the highly anticipated project, Borey Chankiri 2. This incredible event signifies the official start of its construction, marking the beginning of the development and commitment to providing an exceptional quality of life right next to Steung Prek Thnoat. […]
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PM: To Spur Economic Activity, Unused Land with Size More Than 5 Hectares is Subject to Tax
Prime Minister Samdech Hun Manet revealed a groundbreaking tax reform concerning unused land in Cambodia. The prime focus of this reform is to impose taxes on idle lands exceeding 5 hectares, while lands below this threshold will enjoy exemption. The pivotal announcement was made at the 19th “Royal Government-Private Sector” forum on 13 November 2023. […]
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China Contributes to Construction of 37 roads of 3,077km Over 37 Roads & 10 Major Bridges, Worth US$2.1bn in Cambodia
Infrastructure projects fuelled by China’s concessional loans and grants have ushered in a new era of progress in Cambodia, with completed and ongoing ventures boasting a total investment of US$3,340 million. The revelation came during the celebration of the first anniversary of the Phnom Penh-Sihanoukville Expressway on 7 November as articulated by HE Sun Chanthol, […]
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CCA & Ministry of Labour Join Forces to Empower Cambodian Workforce in the Construction Sector
In a landmark move aimed at fostering skill development and enhancing employment opportunities, the Cambodian Constructors Association (CCA) and the Ministry of Labour and Vocational Training inked a Memorandum of Understanding on cooperation in internships and technical training. The signing ceremony, held on 11 November 2023 at the Koh Pich Exhibition and Convention Centre, marked […]
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ERA Cambodia Marks 5 Years of Condo Sales Triumph with Visionary Expansion Plans in 2024
In a grand celebration of five years of unprecedented success, ERA Cambodia, a globally acclaimed company specialising in condominium services, hosted its 5th Annual Business Conference at the Hyatt Regency Phnom Penh on 11 November 2023. The event not only commended outstanding agents but also unveiled ambitious plans for future expansion, reflecting the company’s strong […]
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Cambodian Firm Produces Fibreglass-Surpassing Steel, Boasting Twice the Strength for Construction Advancements
In a groundbreaking development, R&S Steel Cambodia Co. Ltd, a dynamic collaboration between Cambodian and Korean entrepreneurs, has introduced a revolutionary fibreglass product poised to redefine the construction sector. This innovative material, twice as tensile as steel, opens new dimensions for construction applications, offering resilience and versatility. In an exclusive interview with BTVNews Cambodia on […]
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Japan’s Additional US$350,000 Grant Paves Way for Educational & Clean Water Advancements in Cambodia
The Government of Japan has allocated a substantial sum of nearly US$350,000 to foster education and enhance clean water access in Cambodia. This benevolent initiative is facilitated under Japan’s economic cooperation framework, specifically, the Grant Assistance for Grassroots Human Security Projects, known as the “KUSANONE” Grant. A significant portion of the grant, amounting to US$92,425, […]
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Minister of MME Champions Sustainable Practices in Issuing Mining Licenses
The Ministry of Mines and Energy has declared its commitment to prioritising environmental conservation principles before issuing mining licenses to private companies. During a recent meeting with stakeholders in the mining sector, HE Keo Rattanak, the Minister of Mines and Energy, emphasised the ministry’s stand to strike a delicate balance between conservation efforts and industrial […]
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Siem Reap Pioneers Green Initiative: Collaborative Efforts with Germany to Create a Plastic-Free Model City
Siem Reap, the jewel of ASEAN tourism, is embarking on a groundbreaking venture towards becoming a plastic-free model city, and the collaboration between the Siem Reap Provincial Administration and the German Cooperation Agency (GIZ) is at the forefront of this transformative initiative. This revelation unfolded during a seminar titled “Reducing the Use of Single-used Plastic […]
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Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024
Cambodia’s Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation’s burgeoning interest in the stock market, according to the Cambodia Investment Review update […]
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Cambodia CCA to Form Large-Scale Business Ties with Malaysian Chamber of Commerce & Biggest Malaysian SME Association
In a pivotal move towards fostering international business ties, the Cambodia Constructors Association (CCA) orchestrated a momentous meeting with the Malaysia-Cambodia Chamber of Commerce (MCCC) on 8 November 2023. The high-profile meeting, hosted by Oknha Charles Van, representing Neak Oknha Pung Kheav Se, President of CCA, and attended by Mr Dato’s Sri Dr Rick Yaw, […]
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Prime Minister Pushes for Faster Distribution of Land Titles to Citizens
Prime Minister Sandech Hun Manet has urged the Ministry of Land Management, Urban Planning, and Construction to accelerate the distribution of land titles to the people of Cambodia. Currently, only about two million land titles have been distributed, while five million more are yet to be issued. During a recent gathering with garment workers at […]
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