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ខ្មែរ 
Singapore Launching First Taxi Drone Service in Early 2024
- 13 July 2022
Singapore will use a modern and innovative way of transporting tourists to get new experiences and excitement with a 12-kilometre air drone that can fly up to two passengers. According to The Straits Time published on 12 July. This type of taxi drone was developed by the German company Volocopter and is expected to go public in Singapore in early or mid-2024. This taxi drone will initially b...
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Gov’t Aims to Transform Cambodia into Automotive & Electronic Component Production Hub
- 13 July 2022
The Royal Government of Cambodia aims to turn the country into a hub for the production of auto and electronic components as part of economic diversification and economic recovery in the aftermath of the COVID-19 crisis. This vision is set out in a draft roadmap for the development of the automotive and electronics sectors in Cambodia, which is being discussed and collected for additional input...
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Rental Rates of Serviced Apartment Increase as Supply Increases by 21% in H1 of 2022
- 13 July 2022
In the first half of 2022, rental rates for serviced apartments increased slightly, while supply also increased by 21% compared to the second half of 2021, according to CBRE Cambodia on 07 July 2022. Rental prices of serviced apartments increased by 2.4% for Grade A (high price) and by 1.5% for Grade B (medium price). For the supply in H1 this year, more than 400 units were completed and ope...
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Property Taxpayers Urged to Make Payment Before September Deadline
- 13 July 2022
The General Department of Taxation (GDT) has reminded all property owners subject to tax to declare and pay either the property tax or unused land tax for 2022 before 30 September, according to a GDT announcement on 12 July 2022. All property owners can make tax payments at the General Department of Taxation (GDT) or at the provincial / Khan tax branch where the property is located or through t...
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Evergrande Bondholders Dismiss Plan to Delay US$671M Payment
- 12 July 2022
China Evergrande’s bondholders have dismissed a plan to delay payment for 4.5-billion-yuan, accounting for a US$671 million bond, according to Asia Financial on 11 July 2022. Evergrande told the Shenzhen Stock Exchange that it was in talks with bondholders to reach an agreement as soon as possible. In the statement, Evergrande added that it was working on a debt restructuring plan, that want...
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Sokha Hotel Company Expands Investment on Over 10,000 Hectares on Bokor Mountain
- 12 July 2022
The Sokha Hotel Company of Oknha Sok Kong has proposed expanding its investment on 11,177 hectares located in the Monivong Bokor National Park, according to a decision of the Ministry of Land Management, Urban Planning and Construction. To date, the inter-ministerial working group, with members from MLMUPC, Environment, Tourism and other stakeholders, are studying, checking and evaluating the e...
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Cambodia Imports US$185m of Iron & Steel in First Half of 2022
- 12 July 2022
Cambodia imported a total of US$185 million worth of iron and steel in the first quarter of the year, up 20% from the same period last year. According to the General Department of Customs and Excise, the volume of steel and steel imports contributed about 1.2% of the total import value of US$15,864 billion, an increase of 11.9%. Data from the Ministry of Land Management, Urban Planning and C...
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MPWT Warns Vehicles Not to Travel on Phnom Penh-Sihanoukville Expressway
- 12 July 2022
The Ministry of Public Works and Transport (MPWT) has announced that it will not allow any type of vehicle to travel on the Phnom Penh-Sihanoukville Expressway under the pretext of avoiding interference with the construction process and other accidents during travel. This is according to the announcement of the ministry on 12 July 2022. To avoid disrupting the construction process, which must b...
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RGC Cuts Over 7000 Hectares from Natural Protected Areas in Three Provinces for LASED III
- 11 July 2022
The Royal Government of Cambodia (RGC) has decided to cut 7653 hectares from natural protected areas in three provinces for people living in poverty under the Land Allocation for Social and Economic Development Phase III (LASED III) project, according to the three separate sub-decrees, of which two of them are dated on 10 January and one other dated on 13 April 2022. RGC has reclassified the 76...
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Facilities for RCAF English Language Training worth over US$25 Thousand officially Inaugurated
- 11 July 2022
A new building and facilities at the College of Social Sciences and Languages (CSSL) of the Royal Cambodian Armed Forces (RCAF) worth over US$25,000 funded by the Australian government have been inaugurated. The ribbon was cut by H.E. Pablo Kang, the Australian Ambassador to Cambodia, and H.E. GEN Chea Tara, Rector of National Defence University on 05 July 2022. Under the Australian-sponsore...
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Condo Prices & Rents in Q3 Increase as Supply Increases by 32% Q-o-Q
- 11 July 2022
The sale prices and rental rates on the condominium market in Cambodia during Q3 of 202 have increased significantly compared to the previous quarter due to the easing of the COVID-19 pandemic while condo supply increased by 32%. According to a report by CBRE Cambodia on 07 July, sale prices increased by 0.7%, 2.7%, and 1.4% for affordable, mid-range, and high-end types respectively. Meanwhile,...
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China Pledges 10 EV Chargers to Cambodia
- 11 July 2022
The China Chamber of Commerce has promised to provide 10 electric vehicles (EV) chargers to the Ministry of Public Works and Transport to support the use of EVs in Cambodia. The announcement of the EV chargers was made in a workshop on the development of a roadmap for EV charging stations in Cambodia held on 08 July. HE Chhuon Vorn, Director-General of the General Department of Land Transpor...
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