Construction of Steung Treng Water Treatment Plant 90% Complete
The construction of the ADB-funded water treatment plant in Steung Treng Province is 90% complete and is scheduled to go online by the end of 2022. Deputy Director of the Urban Water Supply Project Sorn Chanthy said on 09 June that the instalment of the main pipe is over 35% complete, while the team is […]
Read More
CVEA Intends to Standardise & Systemise Sales Agents Nationwide
Senior members of the Cambodian Valuers and Estate Agents Association (CVEA) are considering opening a university to train all real estate agents nationwide and also planning to integrate all agents into a single management system. The proposal was made after the association discovered that the majority of investors do not trust Cambodia’s sales agents due […]
Read More
Large-Scale Fishery Research Centre in Steung Treng Set for Completion in October
The construction of a large-scale fish hatchery research and production centre in Stung Treng province is scheduled for completion in October, according to the Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon on Wednesday 09 June. Being built on over 10 hectares of land, the project is located in Ba Deum village, Sam Khuy […]
Read More
Local Experts Share Two Key Strategies for Sustainable Real Estate Market Development
Real estate experts have suggested that for long-term and sustainable development of the real estate market, all related firms should not only focus on improving the quality of their own sales agents but also consider educating their customers. Chairman of the Board of Directors of CVEA and CEO of Realtor 168 Co., Ltd Lim Socheat […]
Read More
Oil Production Continues Despite Driller Announcing Liquidation, Says Mines Ministry Spokesman
The Ministry of Mines and Energy has confirmed that KrisEnergy (Cambodia) still continues its oil drilling operation as normal despite the parent company KrisEnergy recently announcing its liquidation due to its inability to pay debts. HE Cheap Sour, General Director of Petroleum at the Ministry of Mines and Energy, confirmed that KrisEnergy (Cambodia) is still […]
Read More
Vietnam’s Phu Quoc Island Intends to Challenge Phuket and Bali as Region’s Top Tourist Destination
The Vietnamese government and private companies have recently expressed their ambition to further develop Phu Quoc island to become the region’s leading tourist attraction, challenging other island paradises such as Phuket in Thailand and Bali in Indonesia, reported Nikkei Asia. Phu Quoc used to be famous for only its fish sauce production before 2013, but […]
Read More
5 Essential Things to Know When Owning Adjoining Property in Cambodia
Did you know that according to the Civil Code, the owner of a landlocked property/land can demand to build an access route passing through neighbouring lands? And if the neighbouring landowner does not agree to the request, you can file a complaint to the court? This is just one of the rights for adjoining property […]
Read More
Kep Authorities Plan to Develop Two New Public Beach Resorts
The Coastal Development Committee is currently studying locations and planning to develop two new public beach resorts in Kep province, according to a meeting of the Kep Provincial Administration on Tuesday 08 June. The two locations that the committee is considering are a natural beach in Thmey Village, Sangkat Prey Thom in Kep City; and […]
Read More
Property Taxpayers Urged to Make Payment Before September Deadline
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 2021 before 30 September, according to a GDT announcement on Tuesday 08 June. GDT added that, to date, there are still many property owners yet to declare their […]
Read More
Construction of First PP-SHV Expressway Interchange Complete
The first interchange of the Phnom Penh-Sihanoukville Expressway project has been completed, while the overall progress of the entire expressway has reached about 50% to 60%, according to the Facebook page of the Phnom Penh-Sihanoukville Expressway yesterday. This interchange will enable vehicles to enter or exit the expressway, which is a safe and convenient method […]
Read More
Construction of New Bokor City Administration Building to Begin Soon
Construction of the new Bokor city administration building is expected to begin soon as the Kampot Provincial Administration is currently inspecting the potential location. Kampot Governor HE Cheav Tay said during the site inspection on Tuesday 08 June that the potential would be a spot nearby the Kampot Provincial Department of Environment, next to the […]
Read More
NagaCorp Confirms Lay-Offs, Pay Cuts as Proactive Measures
The operator of NagaWorld integrated resort (IR) NagaCorp has confirmed job lay-offs and pay cuts as “proactive measures” to manage the impact of the COVID-19 pandemic, given that the casino has been closed since early March, according to its report issued yesterday. “We have taken proactive measures to manage the situation. We launched a rationalisation […]
Read More