English 
ខ្មែរ 
Gov’t calls for property developers to join with stamp duty tax exemption
- 2 March 2020
The government has called on property developers to lower the cost of housing given that property tax on properties worth less than US$70,000 will be exempted from tax duty for a year in 2020. On the morning of 02 March 2020, H.E Kong Vibol, Director General of General Department of Taxation, urged all property developers to join with government's one-year tax relief strategy. "Property develop...
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Economics Ministry cautions the public on property fraud
- 2 March 2020
The Ministry of Economy and Finance has warned the public to be more cautious while buying and selling property and issued a basic checklist of necessary legal requirements for all citizens to consider before making any transactions. In the statement announcing the checklist, the Ministry of Economy and Finance mentioned two main types of property, including land plots and houses. For land p...
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The Outdoor Wellness Park Experience
- 1 March 2020
Wellness is not just about staying in shape, but about achieving a state of physical, mental and spiritual well-being that allows you to reach your goals, stay healthy and lead a more engaging, more satisfying and more harmonious life. While gyms are filled with state-of-the-art exercise equipment, nothing revolutionary has been created to meet communities’ growing demand for outdoor training a...
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Phnom Penh Municipality to upgrade walkway along Mao Tse Toung Blvd
- 29 February 2020
Phnom Penh Municipality has recently announced a plan to upgrade the walkway along Mao Tse Toung, passing through Toul Kork, Boeung Keng Kang, and Chamkarmon district. The announcement was made during a meeting between Phnom Penh Governor H.E Khuong Sreng and related officers regarding the feasibility study of this project on 21 February 2020. During the meeting, H.E Khuong Sreng said the De...
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Samdech Sar Kheng: NR development proposals shall be requested in package
- 29 February 2020
Samdech Sar Kheng, Deputy Prime Minister and Minister of Interior suggested that the next proposal for national road development should be requested as a package, as this would make it easier for approval and the construction itself. Samdech Sar Kheng made this statement at the Road Safety Monitoring Meeting on 27 February. “Whenever we propose any plans to build or repair any roads, please ...
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Construction law will encourage more responsibility and trust in real estate investment
- 28 February 2020
By Chhaya Addressing the 3rd Workshop on “Construction Law” Dissemination Seminar on Construction Professionals at the Garden City Hotel in Phnom Penh, On February 21, 2020; Deputy Prime Minister Chea Sophara, Minister of Ministry of Land Management, Urban Planning and Construction (MLMUPC) talked about the importance of implementation of the newly adopted “Construction Law” which will contrib...
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Lvea Aem district to be partially integrated into Phnom Penh city
- 28 February 2020
Lvea Aem district of Kandal province, on the eastside of Chaktumok river, has been confirmed to be partially integrated into a new district of Phnom Penh. The confirmation of the establishment of this new district has been made along with the plan of constructing a new bridge crossing the Mekong River linking Chroy Chongva to the Akreiy Ksatr area of Lvea Aem. Speaking at a religious ceremo...
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Japan provides US$ 890K grant aid for three major development projects in Cambodia
- 28 February 2020
The Japanese Government has agreed to provide a total of US$890,471 in grant aid to develop and enhance three infrastructure projects in Preah Vihear and Pailin provinces. The agreement was made during the grant aid signing ceremony on 25 February, which was presided over H.E. Meikima Mashiro, the Ambassador Extraordinary and Plenipotentiary of Japan to the Kingdom of Cambodia. The first pro...
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New US$61-million five-star hotel approved for Sihanoukville
- 28 February 2020
The Council for the Development of Cambodia (CDC) has recently approved a new US$61.3 million five-star hotel and commercial centre in Sihanoukville. Located in front of Sokha Hotel in Village 4, Sangkat 4, Sihanoukville, this 5-star hotel has a total of 373 rooms, and is an investment by Won Majestic (Cambodia) Co., Ltd. Besides being a hotel and commercial centre, the project also includes...
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Cambodia among the top 10 destinations for affordable five-star hotels in the world
- 27 February 2020
Cambodia is among the top 10 destinations in the world for affordable five-star hotels and is the only country in Asia listed in the ranking, which is dominated mostly by European countries. According to a study conducted by The Hotel Guru, European countries generally come out on top, with seven out of the top 10 destinations for affordable five-star hotels located in Europe. At the same time,...
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CDC approves US$12 million investment in three construction material factories
- 27 February 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$12 million in establishing three construction material factories in Phnom Penh, Sihanoukville and Takeo. The first project is an investment of about US$ 2.5 million by Ningo Bainian (Cambodia) Electric Appliance Co., Ltd to build an electrical eq...
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Experts: EBA withdrawal, COVID-19 opportunities for long-term investment
- 27 February 2020
Local real estate experts suggest that the EBA withdrawal and COVID-19 epidemic are not significant problems for Cambodia, but rather good opportunities for property investors with long-term vision. According to Ms. Grace Rachy Fong, CEO of Century 21 Cambodia, Cambodia has been doing very well in putting this under control, as seen by only one case reported so far. “Amid this low number of ...
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