WTM: Cambodia’s Accusation of Oil Theft Without Foundation; Vessel Under No Obligation to Return
World Tankers Management (WTM), the firm managing the alleged missing oil ship, released a statement on Monday that Cambodia’s accusation of theft was without foundation, and the vessel was under no obligation to return to Cambodia as requested by the government. As reported in Nikkei Asia on 28 September, the firm said that the question […]
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MPWT to Launch Training Campaign for Officials on New Port EDI System in November
The Ministry of Public Works and Transport (MPWT) will launch a campaign to train relevant officials on how to use the new electronic data exchange system known as Port EDI in mid-November 2021. Secretary of State of the MPWT HE Ros Vanna said during the meeting on Tuesday 28 September that the first Port EDI […]
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GDT Extends Property Tax Payment Deadline to End of October
The General Department of Taxation (GDT) has extended the deadline for property tax payment for 2021 from 30 September to 31 October 2021. According to the announcement issued on 28 September 2021, this extension is to give more time to many property owners who have not yet declared their tax. GDT also urged those who […]
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With First 4 Phases Sold Out in Pandemic, Urban Village Triumphs at Asia Pacific Property Awards 2021-2022
Urban Village and Factory Phnom Penh, the biggest mixed-use Hong Kong-standard development in Cambodia, has once again surprised the leading real estate players in the region by scoring two prestigious awards at the Asia Pacific Property Awards 2021-2022 organized by the International Property Awards, according to co-founders, Ms. Catherine Chan and Dr. Ben Li. Urban […]
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Japan’s Mitsubishi Invests in Building SEA’s Biggest Onshore Wind Power Plant
Japan’s Mitsubishi Corp has purchased 24% in a 600-MW onshore wind farm project in Laos through its subsidiary Hong Kong-based Imperial Energy Asia Development Ltd (IEAD). The development activities of the project will start next year and are to be built in a southern Laos province. Power generation is set to start in 2025. Imperial […]
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JICA’s Phnom Penh Flood Protection Phase 4 Completed, Officially Put into Use
Phnom Penh Flood Protection and Drainage Improvement Project Phase 4 which was built under a Japanese grant aid of US$36 million, was completed and officially put into use on 17 September. Though equipped with the new flood protection system, Phnom Penh city can be still at risk of flooding during the heavy rainy reason if […]
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Ford, SK Innovations Co-Invest US$11.4 billion to Build Enormous Electric Vehicle Factories
Ford Motor Co. and South Korea-based energy company SK Innovations are co-investing US$11.4 billion to build two new enormous manufacturing campuses for electric vehicles, reported CNN on 27 September. Ford plans to share US$7 billion in the investment, which is part of its mega US$30 billion spending toward its shift to building more electric vehicles […]
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Mineral Resources in Ratanakkiri ‘s Oyadao District Sufficient for Gold Mining, says Indian Research
Indian-owned Mesco Gold (Cambodia), which has been licensed to conduct exploration for mine in Ratanakkiri province’s Oyadao district, has announced that the amount of mineral resources in the designated area is high enough to set up a gold refinery in the future. HE Eung Dipola, Director General of the General Department of Mineral Resources, Ministry […]
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Cambodia Mines Over 555kg of Gold in 3 Months; 355kg Exported for Purification
Renaissance Minerals (Cambodia) Limited has refined a total of 48 gold bars, or equivalent to approximately 555 kg as of 27 September, after three months of operation in O’Khvav area, Keo Seima district, Mondulkiri province. A report from the Ministry of Mines and Energy shows that the company has to date exported 34 gold bars, […]
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China Pledges to End Foreign Coal Financing
China has pledged to end the financing of coal-fired power plants abroad and turn its support to green energy, according to US consultant Global Energy Monitor (GEM). Speaking at the UN General Assembly recently, Chinese president Xi Jinping said China would “step up support for other developing countries in developing green and low-carbon energy and […]
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New National COVID-19 Treatment Hospital Set for Koh Kong Province
A new national COVID-19 treatment hospital will be built in Koh Kong province with the ground- breaking date set for October 2021. According to the Koh Kong provincial administration on 25 September, the hospital will be built on a total area of 10 hectares and will become a major infrastructure facility to serve the health […]
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Sihanoukville Land Use Master Plan 2038 Officially Approved
The Ministry of Land Management, Urban Planning and Construction has officially approved the Sihanoukville Land Use Master Plan to 2038 to provide a framework and direction for the effective management and development of Sihanoukville City. According to decision No. 045 dated 08 September 2021, the master plan will help promote urban land use and tourism, […]
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