English 
ខ្មែរ 
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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CCA donates US$10,000 to the government to fight COVID-19
- 6 April 2020
The Cambodia Constructors Association (CCA) has donated US$10,000 to the Royal Government of Cambodia to fight COVID-19 in accordance with Samdech Techo Hun Sen’s call for donations. This kindhearted and generous gesture by the Cambodia Constructors Association (CCA) under the leadership of Neak Oknha Pung Kheav Se, Chairman of the CCA will provide an additional contribution to Cambodian societ...
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Ministry of Education: Gym and fitness centres to temporarily close due to COVID-19
- 6 April 2020
All gym and fitness centres in Cambodia are to be temporarily closed to prevent the further spread of the COVID-19 pandemic. The suspension of gym and fitness businesses is to prevent and control the spread of COVID-19 in Cambodia, according to an announcement from the Ministry of Education, Youth and Sports. Pich Sok, a trainer at the Jouvance Fitness Center, told reporters that the closure of...
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Land Division from Sub-Decree 80 land area and Botum Sakor National Park not yet complete
- 6 April 2020
The request for the land division from sub-decree 80 covered land area and the Botum Sakor National Park for residents has not yet reached approval, mentioned by Mr. Chea Sovy, Governor of Koh Kong District, in an interview with Construction and Property Magazine on 3 April 2020. “The land division is to cut from the Botum Sakor National Park and Sub-Decree 80 on the Creation of the Tatai Wildl...
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CDC approves three major development projects worth over US$160 million
- 4 April 2020
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to three firms to invest a total of US$160 million in establishing a factory, a hospital, and a 3-star hotel in Phnom Penh and Preah Sihanoukville respectively. The first project is an investment of approximately US$7.7 million by JINTEK CELLS TECHNOLOGY CO., LTD in constructing a fac...
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World Bank provides US$20 million to Cambodia in response to COVID-19
- 4 April 2020
The World Bank has provided US$20 million to Cambodia from the International Development Agency (IDA) to build isolation and treatment centers as well as medical supplies and facilities in response to the COVID-19 pandemic, according to a press release from the World Bank on 2 April 2020. Mrs. Inguna Dobraja, World Bank Country Manager for Cambodia said, “This fast-tracked financing will help C...
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The Impact of COVID-19 On Construction Contracts in Cambodia
- 3 April 2020
Questions and uncertainty related to the impacts of the COVID-19 global pandemic on construction contracts in Cambodia have been the subject of great interest and concern by real estate developers and construction companies since the beginning of this outbreak. Parties to construction contracts are now carefully analyzing whether this situation can be considered a force majeure event. On 11 March...
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