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ខ្មែរ 
Land Ministry HQ to Move to New Location This Month, Ahead of Official Inauguration
- 3 March 2021
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) headquarters will move to a new location in Sen Sok district on 15 March, while the official inauguration will take place in April as planned, according to the Ministry’s announcement on the morning of 03 March. The ministry will relocate from Monivong Blvd in Sangkat Boeung Trabek to the new location on Street 307 in Sen...
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Raising Property & Wealth Tax Could Speed Up Pandemic Recovery, says ADB Blog
- 3 March 2021
Cambodia and other countries in the Asia-Pacific should raise tax collection, in particular on the tax on property and wealth, to speed the economic recovery once the pandemic ends, according to the Asian Development Bank (ADB) blog. In the article entitled ‘How governments can use tax policy to speed pandemic recovery’, the authors suggested that taxing the wealthy, many of whose incomes have ...
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Second Border Market Project Ready for Ground-Breaking in Kampot Province
- 3 March 2021
The Ministry of Commerce and Kampot provincial municipality have finalised the location for a new border market in Kampong Trach district, with construction set to begin soon and is expected to be completed by mid-2022. The ‘Prek Chak Border Market’ will be built on over 2 hectares in Thgov village, Russie Srok commune in Kampong Trach district. The location is nearby the Prek Chak-Kien Giang C...
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Phnom Penh-Sihanoukville Expressway Takes Another Step Toward Completion
- 2 March 2021
Paving on the Phnom Penh-Sihanoukville Expressway is set to begin soon, while the whole project at this stage is approximately 40% complete. According to the official Facebook page of the Phnom Penh-Sihanoukville Expressway, on 02 March, the team has just completed the asphalt paving (ATB-25) on the sample section. Soon, the engineers will start the overall paving process, which marks another s...
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Property Price-Income Ratio in Cambodia Falls by 6.58%: US Report
- 2 March 2021
Property prices compared to incomes in Cambodia have decreased by 6.58%, which is the highest drop compared to other countries in the list amid the pandemic, according to a report from US healthcare firm Aetna. The report added that, even with this large fall, the property price and income ratio in Cambodia in mid-2020 remained relatively high at 39.8, the second-highest after Hong Kong at 43.5...
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NagaWorld Temporarily Suspends Operations after 11 Employees COVID-19 Positive
- 2 March 2021
NagaCorp announced on Monday 01 March that the firm has voluntarily suspended operations after 11 of their staff tested positive for COVID-19. According to the firm’s announcement, 3000 employees were tested by the Ministry of Health (MoH) on 27 February, and 11 were found positive. The main objective of the suspension is in response to the recent surge in community transmission or known as ...
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How 3D Printing is Benefiting the Construction Sector
- 1 March 2021
Modern 3D printers can reproduce any real objects with users simply designing a 3D model in a computer, adding raw materials into the printer, and printing them out. The technology is commonly used in the production of all kinds of prototypes from small to large scale. However, how can 3D printers help in the construction sector? How will 3D printers change the construction industry? One-Click ...
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Kampong Speu Governor Vows to Promote Two Core Sectors to Attract More Investors
- 1 March 2021
Kampong Speu Provincial Governor HE Vei Samnang has vowed to promote industry and tourism within the province even more, as both sectors have been playing very crucial roles in attracting investors. HE Samnang said on 1 March 1 that Kampong Speu is located between Phnom Penh and Sihanoukville, and surrounded major National Roads such as NR51, 44 and 41. Those three routes are packed with develo...
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Japan to Provide Over US$10 million to Upgrade Vessel Traffic System at SHV Port
- 1 March 2021
Japan will provide grant aid of approximately US$10.8 million to Cambodia to develop and enhance the vessel traffic system (VTS) at Sihanoukville Autonomous Port, according to a press release dated 26 February 2021. Minister of Foreign Affairs and International Cooperation HE Prak Sokhornn and Ambassador of Japan to Cambodia HE Mikami Masahiro signed the Exchange of Note on the Grant Aid on 01 ...
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Singapore–Malaysia High Speed Line Finally Cancelled
- 27 February 2021
After over seven years of planning, multiple contract signings and withdrawals, the controversial Singapore –Kuala Lumpur high-speed rail link was officially abandoned by the governments of both countries in a final statement on 01 January. Issues over cost, Chinese involvement, timeframes, and Malaysian political concerns dogged the project since its inception. The 350km rail line was intended...
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MPWT: Phnom Penh-Bavet Railway Remains Prioritised Infrastructure
- 27 February 2021
The Ministry of Public Works and Transport has said that the railway construction project connecting Phnom Penh and Bavet city on the Vietnam border remains listed as a prioritised infrastructure construction project. The remarks were made after Cambodia and Vietnam agreed to build a border crossing railway project to boost trade between the two countries. Ministry spokesman Vasim Sorya said...
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CDC Approves Two Investment Projects Worth Nearly US$12 Million
- 26 February 2021
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories worth nearly US$11,8 million in Kampong Speu and Koh Kong provinces. The first investment permit has been granted to Ocean Apparel Manufacturing Co., Ltd, with the firm investing US$4 million to build a garment factory in Kampong Speu. Meanwhile, the second firm is Glam...
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