EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development

The European Union (EU) has reaffirmed its unwavering dedication to Cambodia's advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European ...

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Gov’t Bans Fishing & Docking Near Submarine Power Lines

The Preah Sihanouk Provincial Administration has instituted a significant measure prohibiting fishing and docking activities at specific locations along the submarine power lines concealed beneath the seabed in Sihanoukville and Koh Kong provinces effective from 16 August 2023. This regulatory action, born out of a proactive stance towards safeguarding the country's maritime assets, has far-rea...

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Nature’s Guardian: APSARA Authority Plants 2 Million Trees to Shield Angkor’s Timeless Marvel

In a harmonious interplay between heritage and nature, a resolute effort by the APSARA Authority has yielded an awe-inspiring outcome. Over the course of two decades, the revered Angkor region has witnessed the nurturing touch of nature through the planting of an astounding 2 million trees. This pivotal ecological undertaking, unveiled on August 16, 2023, resonates as a testament to APSARA's unyie...

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Kampong Speu Prepares for Influx of 25 Chinese Factories by Year End

By the close of 2023 or early 2024 at the latest, Kampong Speu anticipates the establishment of 25 factories from Chinese investors seeking to establish a significant industrial foothold. This ambitious endeavour was unveiled through an official announcement on 15 August 2023, featured on the Facebook page of HE Vy Samnang, Governor of Kampong Speu Province. The resolute decision to welcome the...

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Battambang Authority Embarks on Creating a Phnom Sampov​​ ​Premier Historical Resort

Battambang Provincial Administration is on the cusp of a visionary undertaking that seeks to transform the revered Phnom Sampov historical site into a model destination for history enthusiasts and travelers alike. The Ministry of Tourism's announcement on 15 August 2023, sheds light on the province's steadfast commitment to enhancing its historical heritage. Embedded within Battambang's strateg...

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A New Era of Clean Energy: China Installs Core Module of World’s First Commercial Small Nuclear Reactor Capable of Producing 125 MW

A significant stride towards sustainable energy solutions was accomplished on Thursday 17 August as China successfully installed the core module of the groundbreaking Linglong One, the world's inaugural commercial small modular reactor (SMR). Situated in the idyllic Hainan province in southern China, this achievement signifies a pivotal moment in the SMR's journey towards operation, according to a...

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Angkor Tiger FC to Construct 5,000-Seat Stadium in Siem Reap

Angkor Tiger Football Club has announced an ambitious endeavour that is set to reshape Siem Reap's sports landscape. Anticipated to resonate with cheers from 5,000 dedicated fans, this stadium stands as a symbol of the club's profound commitment to sportsmanship and community engagement. The signing of a momentous Memorandum of Understanding with Fuxin Steel Building on 14 August, in the presen...

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Battambang City’s Independence Monument & Historical Park Officially Inaugurated

The long-awaited Samdech Krala Hom Park Independence Monument, Suon Thnong 53 Independence Monument and Betim Rubber Road in Battambang city, a captivating fusion of architectural marvels and lush landscapes, was inaugurated on 16 August 2023, presided over by Samdech Krala Hom Sar Kheng, Deputy Prime Minister and Minister of Interior. The legacy of the Independence Monument's groundbreaking da...

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Thailand Exploring Investment Prospects & Collaborative Ventures Across Three Cambodian Locations

A high-level delegation from the Thai Chamber of Commerce has embarked on a comprehensive exploration of three strategic special economic zones within Cambodia. This concerted effort seeks to unravel the rich tapestry of trade, investment, and partnership opportunities, poised to contribute an estimated US$2 billion to the economic landscape. The announcement follows a significant meeting between ...

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Preserving Cambodia’s Natural Legacy: Gov’t Establishes 13 Flourishing Natural Heritage Sites Spanning Over 40,000 Hectares

In a resounding commitment to safeguarding the nation's cultural and ecological treasures, the Government of Cambodia has unveiled a visionary plan to establish 13 natural heritage sites spanning an expansive area of 46,949.42 hectares. These pristine sites have been meticulously chosen to serve as sanctuaries for both cultural heritage and natural diversity. The creation of these natural herit...

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Unveiling Property Tax Liabilities: Is Your Land or House Subject to Duty Tax?

As property ownership becomes an integral part of many lives, understanding the intricacies of property taxes is paramount. The Cambodian taxation landscape stipulates that all immovable properties situated within the administrative boundaries of the country are subject to property tax. However, this taxation is applicable solely to real estate valued above 100 million riels, presenting an essenti...

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IAEA Grants Cambodia Cutting-Edge Nuclear Technology for National Heritage Restoration

The Department of Archaeology and Prehistory within the Ministry of Culture and Fine Arts has received a powerful new tool - the Leica ScanStation P40/P30 3D Laser Scanner. This advanced equipment was generously granted by the International Atomic Energy Agency (IAEA) as part of the TC Project: KAM1002 on the Protection and Preservation of Cultural Property. The significant handover took place ...

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