Two Military Training Centres in Kampong Speu Turned Into COVID-19 Treatment Facilities
Two military training institutes in Kampong Speu province have been selected to become additional COVID-19 treatment facilities for patients from Phnom Penh and Kampong Speu province. General Sem Sovanny, Director-General of the National Centre for Peacekeeping Forces said during the site inspection on 24 March that both new treatment facilities will be under the control of military doctors and...
Read MoreCasino Tax Revenue Drops 50% in 2020 Due to COVID-19 pandemic
Casino tax revenue collection in 2020 was recorded at US$40 million, down by 50% compared to the same period in 2019, according to a senior official from the Ministry of Economy and Finance (MEF). Deputy Director-General of the Industry Department of the MEF Ros Phirun said on 24 March that the decline in the casino tax revenue in 2020 was due to the outbreak of the COVID-19 pandemic. Mr Phi...
Read MoreAngkor Resources Identifies Multiple Quartz Veins & Gold Grains in Cambodia
Canada-based Angkor Resources Corp has revealed that its gold exploration program in Cambodia is demonstrating more positive results with multiple quartz veins and gold grains identified, a step forward to commercial gold mining in Cambodia. According to the firm’s statement on 23 March, the result was shown after the company completed 80 test pits and surface mapping at Wild Boar (WB) on its A...
Read MorePPSP Acquiring Local Construction Firm to Expand Long-Term Business in Cambodia
Phnom Penh SEZ operator PPSP has decided to acquire local construction company, Sahas E & C Co., Ltd. for over US$1.1 million in order to expand its business ambitions in Cambodia after obtaining permission from the Securities and Exchange Regulator of Cambodia (SERC). According to the company's announcement on 22 March, prior to the acquisition, PPSP already owns 60% of Sahas E&C Co., ...
Read More314km Cambodia-Vietnam Border Road in Mondulkiri 80% complete
Construction of the 314-kilometre Cambodia-Vietnam border frontage road in Mondulkiri province is approximately 80% complete, according to Mondulkiri Governor Svay Sam Eang. Governor Sam Eang said during a site inspection on 23 March that the road is adjacent to three provinces of Vietnam and will play an important role as a strategic route for Cambodia. "Upon completion, this route will hel...
Read MoreNaga Corp’s US$350-million Resort in Siem Reap province dismissed
The Ministry of Culture and Fine Arts has decided to dismiss the proposed $350-milion resort development in the Angkor Archaeological Park by Naga Corp after controversial discussions, stating the project negatively affects the archaeological park. In a press release issued on 23 March, the Ministry of Culture and Fine Arts stated that the “Angkor Lake of Wonder” proposed by the Naga Corp “can...
Read MoreOver 12,000 Seats Installed in Morodok Techo Stadium, Completion Date Set for May 2021
To date, the Chinese-funded Morodok Techo Stadium has already been equipped with over 12,000 seats, while the overall construction is also scheduled for completion by May this year. Secretary-General of the Cambodian SEA Games Organising Committee Vath Chamroeun said on 23 March that with 12,000 seats ready, over 40,000 seats remain. "With the current average pace of installing 800 seats per...
Read MoreGov’t Returns Over 470 Hectares of Illegally-owned Land in Mondulkiri to Two Private Firms
The government has seized over 472.8 hectares of illegally-occupied land in Purang village, Orang district, Mondulkiri province, and returned it to the original owners, Ujisan LS Group Co., Ltd. and Hu Ling Co., Ltd. The decision came after the final site inspection by the Mondulkiri Provincial Administration and relevant officers on 22 March. Deputy Governor Chak Mengheang said that after m...
Read MoreAuthorities Speeding up Phnom Penh Drainage System Rehabilitation Works to Prevent Flood in Rainy Season
Even with the recent surge in the COVID-19 community outbreak, the relevant government bodies are still actively working on the road constructions, canal dredging, and especially the drainage system rehabilitation works across Phnom Penh to prevent floods during the upcoming rainy season. Director of the Department of Public Works and Transport Sam Piseth said yesterday that one of the ongoing ...
Read MoreStueng Trang-Krouch Chmar Bridge Opens for Public, Inauguration Ceremony to Follow
The bridge connecting Stueng Trang district in Kampong Cham province to Krouch Chhmar district in Tbong Khmum province was opened to the public from 23 March to facilitate travel and celebrate the upcoming traditional Khmer New Year. Minister of Public Works and Transport HE Sun Chanthol made the announcement during a site inspection on the morning of 23 March. HE Sun Chanthol stated that th...
Read MoreGov’t Asks Real Estate Developers to Ease Clients’ Financial Burden Amid Pandemic
The Cambodian government yesterday called on all real estate developers in Cambodia to adjust their payment terms and help ease the financial burden of their buyers if needed, as the recent surge in community outbreak has affected many people. The move came after the National Bank of Cambodia (NBC) and the Ministry of Economy and Finance (MEF) organised a meeting to review and discuss the chall...
Read MoreResearchers Unveil New Monitoring Platform to Mitigate Dam and Climate Impacts on Mekong River
Researchers have recently developed a new platform that uses data from satellite, remote sensing, and geographic information system (GIS) to monitor Mekong River water levels, with the hope to mitigate droughts and other related issues caused by excessive dam constructions and climate change. According to The Third Pole’s report last week, the new online system was developed by the Stimson Cent...
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