GDT to Conduct On-Site Inspection of Tax Documents & Real Estate Registration Accuracy in Kandal
From 13 September onward, the General Department of Taxation (GDT) will begin to inspect tax documents and registration accuracy of all real estate in Takhmao City in Kandal Province. According to the announcement dated 9 September 2021, the on-site inspection is to collect statistics, take photos, and gather all related information of the actual real […]
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Big C Plans Hundreds More Stores Expansion in Cambodia Over Next Five Years
Big C Thailand plans to open hundreds more stores in Phnom Penh, Battambang, Siem Reap, among other important cities in Cambodia in the next five years, after the firm just officially opened the Mini Big C in Phnom Penh. Gary Hardy, Chief Operating Officer, said Big C aims to become the No.1 retailer in Cambodia […]
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Why is OpenBuildings Designer the Perfect BIM Software to Create a Whole Project from Scratch?
What is OpenBuildings Designer? OpenBuildings Designer—formerly AECOsim Buildings Designer—is an interdisciplinary BIM software that includes tools for architectural, structural, ventilation, plumbing, and electrical design. It is the evolution of the Bentley BIM offering and replaces older applications: Bentley Architecture, Bentley Structural Modeler, Bentley Building Mechanical Systems, and Bentley Building Electrical Systems. Who can benefit from […]
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Renaissance Minerals receives gold mining exploration license in Thbong Khmom
The Ministry of Mines and Energy has given license to Renaissance Minerals (Cambodia) to explore for gold in Choam Tamao commune, Memot district of Tbong Khmum province after the firm recently announced Cambodia’s first commercial gold mining industry in Mondulkiri province in June. The matter was discussed in detail between Tbong Khmum Governor HE Cheam […]
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Thailand’s Tesco Lotus Supermarket Mulls Entering Cambodia Market
Thailand’s Tesco Lotus has expressed interest in opening its first store in Cambodia, while the company is currently looking for a plot of land in Phnom Penh to build the mall, according to the Cambodian Business Council in Thailand. The plan to enter Cambodia is after seeing the success of other Thai retails in Cambodia, […]
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Shopping Centres & Retailers Stay Active Despite Tough Year
By Eric Wong Chon Lap Retail businesses continue to be stressed and are finding it difficult to sustain with the weakening of spending power. It is estimated this current outbreak will have a significant impact on the retail market in the following quarters. As the number of daily COVID-19 cases in Cambodia increased to close […]
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Understanding Rules & Regulations on Construction Zone to Land Size Ratio
Many landowners often think that they build any constructions covering all the space of their land as long as they are still within their borders. However, it is illegal by law. All constructions that require a construction permit must be built with spare land space between the construction and the land border to a specific […]
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New US$5-million Garment Factory Approved for Kean Svay District
The Council for the Development of Cambodia (CDC) has approved a new US$5 million investment project located in Kean Svay district in Kandal province. The firm receiving the permit is Flourish Garment (Cambodia) Co., Ltd, which will build a garment factory that would help generate 1,414 jobs for the locals. According to a CDC report, […]
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New US$1.3-million Water Treatment Plant Set for Kampot Province
The Kampot Provincial Administration has allowed a private firm Sinhour Long Water Industry (Cambodia) Co.Ltd, to invest US$1.3 million to build a new water treatment plant in downtown Kampot. According to Kampot Governor HE Cheav Tay in the meeting with relevant parties on Thursday 9 September, the water treatment plant will be built in O […]
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MPWT Institute Joins Hand with RMA Group Strengthening Technical Skills for Students
TECHO SEN Institute of Public Works and Transport has signed an MoU with RMA Cambodia Plc, a company specialising in automotive, construction technic, and heavy engineering equipment, to strengthen the technical skills of students in the institute. Through this MoU, the two parties will jointly establish training programs and exchange the usages of equipment, construction […]
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No New Loan Agreements Signed in H1 2021 as Most Development Projects Delayed
In the first half of 2021, the Cambodian government has not signed any new concessional loan agreements as new development projects are under study and preparation phase and are delayed due to the Covid-19 pandemic. According to a report from the Ministry of Economy and Finance, accumulatively, from 1993 to June 30, the government has […]
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NA Approves New Investment Draft law and Two Others to Boost Trade & Economic Growth
The National Assembly (NA) has approved three draft laws focusing on boosting economic growth and trade in both national and international frameworks. The approvals were passed during a plenary meeting held on 9 September, chaired by NA President Samdech Heng Samrin. The three draft laws include the new Investment Law, the Law on Regional Cooperation […]
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