English 
ខ្មែរ 
MEF calls for permit and license applications by end of April
- 11 April 2020
The Ministry of Economy and Finance (MEF) has called on all owners of lot development businesses to apply for their permits of lot development businesses and land licenses of lot developments before 30 April this year. “MEF has mandated all owners of lot development business occupying land under 10,000 square meters to apply for their permit of lot development business at the Municipal-Provinci...
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2020: What and where to invest in real estate?
- 11 April 2020
2019 has been another great year for the real estate sector in Cambodia due to increasing demand from both local and international investors. According to the Ministry of Land Management, Urban Planning and Construction (MLMUPC), a total of US$9.3 billion worth of investments came into the kingdom, spread across 4,446 approved investment projects, which represented 55% growth over 2018. What ab...
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No travel ban from one district to another, the government’s resolution statement
- 10 April 2020
On April 10, 202, the government issued a new decision stating that there is no travel ban from one district to another in the same province and that Phnom Penh and Kandal are considered one same region through which people can travel. Please note that this decision is an amendment to Order 02B.B issued on the night of April 9, 2020, banning domestic travel from Phnom Penh to the provinces or t...
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CBRE: Condominium prices to face downward trend if COVID-19 continues
- 10 April 2020
CBRE Cambodia has reported signs of a possible downward trend in condominium prices in the first quarter of 2020 and projected them to go down further if the COVID-19 socio-economic crisis continues. The report, issued on 6 April, shows the effects of COVID-19 on real estate prices, especially condominiums price per metre in the high-end and mid-range sectors which decreased by 1.5% and 0.5%, r...
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Deputy Prime Minister Chea Sophara hands over 680 affordable homes to citizens in Kandal province
- 10 April 2020
People in Phum Kot, Sangkat Ro Ka Kpus, and Takhmao city in Kandal province received 680 affordable homes from H.E Chea Sophara, Minister of Land Management, Urban Planning, and Construction. These homes are part of the 2457 affordable house project developed by WorldBridge Homes Co., Ltd under the government’s National Policy on Housing. WorldBridge's Affordable Housing Development project in ...
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Government bans intra-national travel to prevent the spread of COVID-19
- 9 April 2020
Samdech Techo Hun Sen has ordered the imposition of travel restrictions to within city limits, from province to province and from district to district throughout the kingdom, starting from 24:00 on Thursday 9 April to 24:00 on Thursday 16 April 2020 to prevent the spread of COVID-19, according to a government order issued on the afternoon of 9 April 2020. The restrictions were announced followi...
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Government reduces US$918 million in expenses from state departments excluding road development
- 9 April 2020
Samdech Techo has announced that the government has reduced US$918 million in expenses from all state institutions to combat the COVID-19 outbreak; however, the road and canal development budget will be not reduced, as it is a high priority need. The announcement was made at a press conference on updating the current situation of COVID-19 on the morning of 7 April 2020. “I hope national instit...
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Government announces all workers and civil servants to work as normal during Khmer New Year
- 8 April 2020
Samdech Techo Hun Sen has announced that all workers and civil servants are to continue to work as normal during the Khmer New Year to prevent the spread of COVID-19 during the Khmer New Year. The announcement was made at a press conference on updating the current situation of COVID-19 in Cambodia at the Peace Palace on 7 April 2020. Samdech ordered that “All workers and civil servants are n...
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Samdech Techo continues calling for private sector rental price reduction
- 8 April 2020
Samdech Techo Hun Sen, Prime Minister of Cambodia appealed for understanding from the private sector to reduce rental prices during the period of threat from the COVID-19 pandemic. On April 7 2020, at a special Press Conference briefing on the COVID-19 in Cambodia at the Peace Palace, Samdech Techo Hun Sen once again requested the private sector to soften some rental payment conditions. "Fin...
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Neak Loeung Bridge: 5th anniversary reminds of priceless Cambodia-Japan friendship
- 7 April 2020
"… When I was present on this bridge, I felt so excited for the beauty of the bridge crossing this beautiful ever-flowing Mekong River…Today marks the 5th anniversary of the Tsubasa Bridge, the memorial of Cambodia-Japan Friendship”, expressed H.E Mikami Masahiro Japanese Ambassador in Cambodia on the occasion of the 5th anniversary of the Tsubasa Bridge (Neak Loeung Bridge). Through the offici...
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How interest rate cuts affect mortgage rates and borrowers
- 7 April 2020
Central Banks around the world have been lowering their interest rates as one of the monetary policy responses to the economic slowdown caused by the COVID-19 pandemic. The Federal Reserve, or FED, of the United States, for instance, has recently cut the rate to almost 0%. The same applies to the Bank of England, the Reserve Bank of Australia, and Malaysia’s Central Bank, who have cut their rate t...
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Four communes in Ta Khmau to obtain tax exemption on properties until 2023
- 7 April 2020
Four communes in Takhmau city of Kandal province will be exempted from property taxes until 2023. Those communes are Svay Rolum, Koh Anloung Chen, Sitbo, and Rakar Khpos communes divided from S'ang and Kandal Stueng districts of Kandal province. This tax exemption aims to provide relief for those commune residents who never experienced tax duty previously, according to a Prakas issued by the Minis...
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