Cambodian Government Extends Tourism-Related Business Tax Exemption for Three Provinces

The gov't announced on 15 July 2022 the extension of three months of tax exemption for tourism-related businesses only in Phnom Penh, Siem Reap and Sihanoukville. The tax exemption initiative has three major measures: Continue to exempt all types of monthly taxes, except for value-added tax on hotels, guesthouses and travel agencies registered with the General Department of Taxation, with bus...

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MoE Validates 10 Activities to Transform Sihanoukville into Environmentally Friendly Multi-Purpose Economic Zone

The Ministry of Environment (MoE) has validated 10 activities within a technology action plan (TAP) of the Technology Need Assessments Project (TNA) to support the implementation of environmentally friendly technology for special economic zones in Sihanoukville, according to a validation workshop on TAP of TNA on 15 July 2022. The workshop has validated 10 activities of TAP including 1) Use of ...

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More than 1,000 Unfinished Buildings in Sihanoukville

Long Dimanche, Deputy Governor of Sihanoukville Province, said on 14 July that the departure of Chinese investors due to the closure of online games and the COVID-19 crisis over the past three years has left unfinished constructions scattered in Sihanoukville. "At the meeting that day, we observed that new investors who want to invest, such as real estate companies from Singapore. They took not...

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Seal of General Department of Cadastral to Replace Old Vente Definitive and Donation Definitive

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has instructed its Municipal/Provincial Departments to stop using the Vente Definitive and Donation Definitive with the signing seal of H.E. Leom Vean, according to a letter dated 13 July 2022. The Municipal/Provincial Departments of Land Management, Urban Planning, Construction, and Cadastre have to use the seal of the G...

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Cambodia Asks China to Support Seven Prioritised Infrastructure Development Projects for 2022-2024

Cambodia has asked China to provide a concessional loans to support seven prioritised infrastructure development projects for 2022-2024. This is according to the plenary meeting of the Cambodia-China Intergovernmental Coordinating Committee for the Implementation of Comprehensive Strategic Partnership Cooperation via video call on 14 July 2022. The two sides have agreed to prioritise infrast...

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MPTC to Build 100 Antenna Stations in Tourism Areas following Prime Minister’s Suggestion

The Ministry of Post and Telecommunications (MPTC) will build 100 additional antenna stations to improve service quality in priority tourist destinations and remote tourist areas using funds from the Global Service Fund, according to the press release on 12 July 2022. This project came up straight away after Prime Minister of Cambodia, Samdech Techo Hun Sen, asked telecom and internet providers...

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143 Cambodia Casinos Applied for Annual Licence: Regulator

A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. “The law on commercial gambling management requires a minimum capital investment, plus the COVID-19, caused some of th...

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CDC Approves Two Major Projects in Phnom Penh & Kampong Speu

The Council for the Development of Cambodia (CDC) has approved the approval of a private company to invest approximately US$7.7 million in Phnom Penh and Kampong Speu: XIN MEI DA (CAMBODIA) GARMENT CO., LTD will establish a garment factory in Building B, Choam Chao St., Damnak Thom 2 village, Sangkat Stung Meanchey III, Khan Meanchey, Phnom Penh, with an investment of approximately US$3.6 mil...

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My Second Home Impel Cambodia to compete with Thailand

Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide bureaucratic details. For Cambodia My Second Home, th...

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MEF Begins to Disseminate Law on PPPs to Implementers 

The Ministry of Economy and Finance held a first dissemination workshop on the "Law on Public-Private Partnerships" (PPPs) to ministries and institutions of the Royal Government of Cambodia, development partners, financial institutions, consulting firms in the public investment sector, law firms, insurance companies, national and international companies, and other private sector representatives, t...

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PM Hun Sen Asks Private Companies to Enhance Quality of Internet Services to Remote Tourism Areas

Prime Minister of Cambodia, Samdech Techo Hun Sen, has requested telecom and internet providers to strengthen their services in cities and expand to remote tourism areas. Samdech Techo Hun Sen made the remarks at the Closing Ceremony of the Tourism General Meeting, Summary of The First Phase (2022-2021), and H1 of 2022 of Plan Summary of Rehabilitate and Promote Cambodia's Tourism Sector in and...

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Government Cuts 6 hectares of Land from Ta Mok Lake to Private Owner

The Royal Government of Cambodia has reclassified 6.1 hectares of land on Ta Mok Lake from public property to state private property. According to the recently circulated sub-decree dated 16 February 2022, an area of ​​61,836 square metres in Ponhea Pon commune, Prek Pnov district has been reclassified and handed over to the private owner under the Ta Mok Lake Reclassification. The subdivide...

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