New Large-Scale Market Project Approved for Tbong Khmum Province
The Tbong Khmum Provincial Administration has allowed a local real estate developer to construct a new Tbong Khmum Central Market within the province’s commercial zone. Located in the centre of the provincial commercial zone and about 5 minutes from the Tbong Khmum administrative area, this market will become the largest of its kind in the province, Tbong Khmum Governor HE Cheam Chansophorn ...
Read MoreInterior Ministry Green Lights Request for Establishing Six New Communes
The Ministry of Interior (MoI) has given the green light to the request by six provincial administrations to establish six new communes and modify some administrative boundaries within the provinces. According to letter No.146 dated 06 July 2021 of the MoI, the proposed communes include Bourvil, Oukandear Sen Chey, Phnom Krang Dey Meas, Yeay Mao Pichnil commune, Sangkat Ou Chrov, and Sangkat Ou...
Read MoreBangkok Home Prices Dive Down as Pandemic Continues
Prices of homes in Bangkok have dived compared to emerging cities in Southeast Asia, as the COVID-19 cases in Thailand continue to spike, reported Investvine. According to a study entitled ‘Global Cities Q3’ by Juwai IQI, home prices in Bangkok shrunk by 6% in Q1 2021 year-on-year, with references to condominium prices in the central business district. Completely different from Bangkok, the ...
Read MoreGov’t Cancels Multiple Infrastructure Development Projects in Kandal Province
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has announced the cancellation of multiple infrastructure development projects in Kandal province, citing that those projects are flawed and could affect private property ownership. This is according to an MLMUPC’s letter dated 11 July 2021, which was sent to the Kandal provincial administration. The letter, however, d...
Read MoreAlmond Hospitality Group Selected to Provide Catering Service at PH Convention Hall
Renowned real estate developer Peng Houth Group has selected Almond Hospitality, a firm owned by Master Chief Luu Meng, to provide the catering service at its upcoming large convention hall in Chbar Ampov district. Peng Houth Chairman Oknha Thay Chea Houth and Almond Hospitality Group CEO Chef Luu Meng formalised the agreement on Monday, according to the Khmer Times. This agreement comes ahe...
Read MoreJapan Mulls Building Smart Bus Terminals in Phnom Penh
Phnom Penh City Hall has signed an agreement with Japan to begin the feasibility study for a smart bus terminal project in Phnom Penh. The signing ceremony was held yesterday with the presence of representatives of Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), the Japanese Embassy, the Phnom Penh Department of Public Works and Transport, the Public Transport Authority,...
Read MoreLand & Houses Gifted to Over 600 Veteran and Disabled Families in Pursat
The Pursat Provincial Administration is speeding up the construction of houses and infrastructure in "Bun Rany Sen Chey Damnak Troyeung" village in Phnom Kravanh district for 628 veterans and disabled families. Pursat Governor HE Mao Thonin said during a site inspection on Thursday 5 August that the working group have thus far built over 205 houses already and are currently working on the secon...
Read MoreHow to Avoid Buying Land in the Apsara Protected Zone
In Siem Reap, there have been many buyers who accidentally bought land in the Apsara protected zone due to low price and influence from local traders. Let’s explore why some basic tips on how to avoid buying land in the Apsara protected zone. Apsara’s land is state land under the protection of the Apsara Authority which is mostly located in the Angkor archaeological park and other archaeologica...
Read MorePizza Hut to Debut in Cambodia in August
US-based Pizza Hut will open it’s first-ever store in Cambodia this month in response to growing demand and the kingdom’s high potential retail sector. The United Food Group, the owner of the Park Café restaurant, is the Pizza Hut International franchise partner bringing the Pizza Hut to Cambodia. The first store will open in Phnom Penh near the popular Russian market with two more stores se...
Read MoreProbe Continues for Angkor Wat-like Temple; MCFA Requests More Proof from Thailand
Cambodia is still investigating the alleged Angkor Wat-like temple in Thailand, as the Minister of Culture and Fine Arts has recently requested more proof from the Thailand before making any further decisions. The request was made during a meeting between the Minister of Culture and Fine Arts HE Phoeurng Sackona and the Thai Ambassador to Cambodia HE Panyarak Poolthup on Wednesday 4 August. ...
Read MoreMortgage Applications Drop by 32% in Q2; Value Shrinks 17%
The number of mortgage loan applications in the second quarter of 2021 dropped by 32% while the total loan value also decreased by 17%, compared to the first quarter of the same year, according to a recent report by the Credit Bureau Cambodia (CBC). The same reported added that as of June 2021, the number of mortgage loan applications was recorded at 146,380 applications, or equal to 11.26% of ...
Read MorePreah Vihear Breaks Ground on Tourism & Hospitality Centre
The National Authority for Preah Vihear has broken ground on the new Preah Vihear Tourism and Hospitality Centre, to boost the tourism sector in the province. According to the Ministry of Culture and Fine Arts on Tuesday, the centre is located on the opposite side of the Eco Global Museum in Sra'aem commune, Choam Ksant district. The complex consists of a ticket office, tourist information b...
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