Chip Mong Concrete, the perfect partner for your construction enterprise
Cambodia’s construction sector has grown remarkably in recent years. In response to this growth, Chip Mong Concrete of Chip Mong Industries has expanded its potential by adding 13 ready mixed plants throughout Phnom Penh and Sihanoukville. Chip Mong Concrete supplies the most advanced ready mixed plants, recognised by international standard ISO9001: 2015 with high concrete […]
Read More
World Bank committed to helping Cambodian economy recover from COVID-19 crisis
“The global shock triggered by the COVID-19 pandemic has significantly impacted Cambodia’s economy, …The World Bank is committed to helping Cambodia deal effectively with the COVID-19 crisis and strengthen the economy for recovery and future resilience.”Inguna Dobraja, World Bank Country Manager The above statement was included in a report released by the World Bank on […]
Read More
The GDT reminds immovable property owners to pay taxes before 30 September
The General Department of Taxation (GDT) has reminded all immovable property owners in Phnom Penh and all provinces to pay their property taxes including the tax on unused land for 2020 before the end of 30 September 2020, according to the notification of the General Department of Taxation on 28 May 2020. Seeing the stagnation […]
Read More
Cambodia economic slowdown most affected in CLMV due to COVID-19
If we look at the economic situation of the lower middle-income countries in the ASEAN bloc or the so-called CLMV– Cambodia, Laos, Myanmar, and Vietnam, the COVID-19 crisis has pulled the economies of these countries’ down to around 3.4%, the lowest level in the last two decades. Looking at the overall impact of COVID-19 on […]
Read More
HOW TO FIX CRACKS?
Just like us, concrete needs to be maintained. It is affected by the stresses and strains of everyday life. Deterioration of concrete may happen due to corrosion, structural damage, water infiltration, seismic activity or a multitude of other reasons. Years of research plus decades of practical experience have enabled Sika to develop a fully comprehensive […]
Read More
Sambor Prei Kuk authority to construct 13-km detour around temple site
The Sambor Prei Kuk authority plans to construct a 13-kilometre detour at the Prasat Sambor Prei Kuk site to facilitate travel and to preserve the quality of the temple from heavy tractor transport. H.E. Phan Nady, Director General of the Sambor Prei Kuk Authority told Construction & Property Magazine on 29 May that this project […]
Read More
2000 hectares over six mountain resorts in Banteay Meanchey granted natural heritage status
The Royal Government of Cambodia has granted natural heritage status to six mountain resorts in Banteay Meanchey spread over a total area of 2000 hectares via six separate sub-decrees dated 25 May 2020 signed by Samdech Hun Sen, Prime Minister of Cambodia. “The Royal Government’s sub-decrees to transform these six mountain resorts into mountain natural […]
Read More
The importance of fire safety certificates
As more and more buildings, both small and large, have mushroomed across Cambodia, having a sophisticated fire safety system is very important to minimise risk for all parties. Last year, the Ministry of Interior, in collaboration with the National Quality Inspection Centre for Fire Equipment (NICE), published the Fire Safety System-Building Design Code to promote […]
Read More
Ring Road No.3 (Phnom Penh-Kandal) 37.15% complete
By the end of April 2020, construction of Ring Road No.3 linking from Phnom Penh to Kandal province was 37.15% complete according to Mr Heang Sotheayuth, Ministry of Public Works and Transport spokesman in comments to Construction & Property Magazine. “Although the world and Cambodia are facing the corona virus global pandemic, the progress of […]
Read More
Government issues tax exemption for tourism-related businesses for two more months
The Royal Government has announced a further tax exemption for two more months for tourism-related businesses including hotels, guesthouses, restaurants and travel agencies in Phnom Penh and six other provinces, in order to help the tourism sector amidst the COVID-19 crisis. Businesses in Phnom Penh, Siem Reap, Sihanoukville, Kampot, Bavet and Poipetare exempted from all […]
Read More
Two mountain resorts in Battambang granted natural heritage status
The Royal Government of Cambodia has designated two mountain resorts in Battambang as natural heritage sites with a total area of more than 400 hectares. Both have been declared as natural heritage sites by two separate sub-decrees. Sub-Decree No. 64 RNKR.BK dated 25 May 2020 declared Phnom Prampi as the Phnom Prampi Natural Heritage Site […]
Read More
Sihanoukville governor develops two Otres Beaches to boost tourism
The Sihanoukville governor is improving two Otres Beaches to 1,746 metres long to enhance their beauty and boost tourism, according to the official website of the Ministry of Interior, released on 25 May 2020. Mr Matt Ly, Manager of OTRES MANAGEMENT CO., LTD., reported that the development of these two Otres Beaches is to enhance […]
Read More