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ខ្មែរ 
Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects
- 11 March 2021
The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway. According to the virtual meeting between the three prime ministers on 10 March, the three nations hav...
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Cambodia Should Simplify Institutional Red Tape for Effective Post-Pandemic Recovery, Says Analyst
- 11 March 2021
To ensure a robust recovery from the COVID-19 crisis, Cambodia may need some institutional reforms. and reducing investment red tape should be the first step according to an international analyst. Strong political and social stability have been the selling points attracting more investment to Cambodia in the last two decades. However, fixing the complexity and uncertainty in legal frameworks an...
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Two More Phnom Penh Hotels Used as COVID-19 Hospitals
- 11 March 2021
Cambodia Prime Minister Samdech Hun Sen announced on 10 March that two more hotels in Phnom Penh with a capacity of 200 rooms will be set up as hospitals for COVID-19 treatment. PM Hun Sen also decided to establish 30 groups, or equal to 300, military doctors to be responsible for these two new ad hoc hospitals. However, Samdech Hun Sen did not confirm the names of the two hotels in his voic...
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US$4 billion Naga 3 Progressing, Set for Completion in 2025 Despite COVID-19 Crisis
- 10 March 2021
Construction of the US$4 billion Naga 3 complex is progressing smoothly and is scheduled for completion in 2025 despite the COVD-19 crisis, according to NagaCorp’s report on 08 March. To date, construction is at the piling stage and being carried out by the Malaysian company Econpile. This firm has been engaged by Chinese firm MCCI as a sub-contractor to carry out works such as site clearance, ...
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Gov’t to Allocate 600 Hectares of Botum Sakor National Park Land to Locals Affected by Private Development
- 10 March 2021
The government has decided to provide 598 hectares of land in Botum Sakor National Park to 131 families affected by the Sinomaxin development project, according to the Koh Kong administration’s meeting result on 09 March. Koh Kong Deputy Governor Sok Sothy said that the land was former concessional land provided to the Sinomaxin company. However, the plot has now already been given back. He ...
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MPWT Speeding Up Eight National Road Renovation and Maintenance Projects
- 10 March 2021
The Ministry of Public Works and Transport (MPWT) is repairing and maintaining eight major national and provincial roads in Ratanakiri and Tbong Khmum provinces to ease inter-provincial travel and cargo transportation. According to the Ratanakkiri and Tbong Khmum Provincial Departments of Public Works and Transport on 06 March, the eight roads include National Roads 7, 8, 73, 76, 78, 78-5, and ...
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How To Resolve Land Disputes
- 10 March 2021
Most people probably think that every time there is a land dispute, they must go to trial. However, a trial is the final procedure after many settlement mechanisms being undertaken. What are those mechanisms and how should they be implemented? There are two kinds of land disputes in Cambodia, according to a joint Prakas dated 26 November 2003. First, a registered land dispute must be resolved b...
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Gov’t Temporarily Shuts Down Six Casinos in Kandal and reopens 26 properties in Phnom Penh
- 9 March 2021
The Cambodian government has announced the temporary closure of six casinos in Kandal province after five people were found to be COVID-19 positive related to the February 20 incident, but also reopened 26 properties in Phnom Penh. The Kandal Provincial Administration on 09 March announced the closure of six casinos, including the Jinsakungfu Casino and Hotel, Prince Casino, Crown Casino, Grand...
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Kandal Land Department Suspends Land Title Issuance Service for 7 Days
- 9 March 2021
The Department of Land Management, Urban Planning and Construction of Kandal Province has suspended property ownership title and taxing related document issuance services for 7 days from 09 to 15 March 2021. The temporary suspension is due to the surge in the COVID-19 community outbreak and the order from Prime Minister Samdech Hun Sen last night to have government officers working from home if...
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Sihanoukville Port Expansion Project Phase 1 Postponed to Mid-2022
- 9 March 2021
The construction of Sihanoukville port expansion project phase 1, which was first scheduled to begin this year, will now be postponed to mid-2022 due to the COVID-19 pandemic, according to a senior official at Sihanoukville Autonomous Port. The Administrative Director of the Project Management Unit of the Sihanoukville Autonomous Port Sokkoul Chenda recently told Cambonomist that besides the CO...
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NagaCorp Sees Over 80% Y-O-Y Profit Drop Amid Pandemic
- 9 March 2021
NagaCorp has posted a net profit of US$102.3 million for its 2020 financial year, an 80% drop compared to the amount earned in 2019, mainly due to the April-July closure in response to the COVID-19 pandemic. According to their annual report released on 08 March, the total revenue of the firm in 2020 was recorded at US$878.7 million, also down by 49.9% from US$1.76 billion in the previous year. ...
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Overseas Investors Eye Hanoi Office Market
- 6 March 2021
The strong performance of the dynamic Hanoi office market is generating increasing interest among international investors who see great future potential in the Vietnamese capital’s corporate space. The low number of vacant spaces together with high demand, Vietnam’s impressive record in controlling the COVID-19 pandemic, its strong economy and international interest, particularly from China and...
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