Cambodia Launches 1 Million Trees Plant Initiative While Enforcing Forest Protection Laws
Cambodia has embarked on an ambitious reforestation drive, aiming to plant at least 1 million trees annually to significantly expand its forest cover by more than 60% by 2050, announced HE Eang Sophalleth, Minister of Environment, at the National Workshop on Investment in Climate Change Adaptation through Agro-Ecological Landscape Restoration on 22 April 2024. The […]
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Royal Railway Cambodia to Introduce High-Speed Train Network in June
Royal Railway Cambodia has announced plans to revolutionise Cambodia’s transportation sector with the launch of high-speed trains connecting Phnom Penh to Sihanoukville and Poipet by June 2024, as reported by Apsara TV on 22 April 2024. The upcoming trains, ordered from Japan, are set to operate at speeds ranging between 90 and 110km per hour, […]
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Fostering Ties: Cambodia & China Ink Agreements to Boost Key Sectors
Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official visit of HE Wang Yi, the Minister of Foreign Affairs of the People’s Republic of China, which […]
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A Closer Look at Siem Reap’s Eight Protected Areas Covering Over 280k Hectares
In an ambitious move towards environmental conservation, Siem Reap province has officially declared eight natural reserves, spanning approximately 280,000 hectares, under stringent state protection. This significant development, disclosed by the Ministry of Information on 18 April 2024, underscores Cambodia’s dedication to preserving its natural heritage. These sanctuaries, meticulously managed and safeguarded against private encroachments, serve […]
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Cambodia Mobilizes to Tackle Water Crisis Ahead of Delayed Rainy Season
As the dry season prolongs its grip on Cambodia, the Ministry of Rural Development has unveiled a comprehensive strategy to mitigate the impact of severe droughts and water shortages plaguing the nation. This initiative, detailed in the “Guidelines on Measures and Interventions on Water and Drinking Water Shortages Due to Climate Change,” published on 21 […]
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Authorities Reject Free Land Giveaway Announced by Individual in Kampong Speu
The Oral District Administration in Kampong Speu province has officially refuted claims made by Mr Chuon Kunthea regarding the distribution of land to individuals, citing that the designated land falls within the confines of the Oral Mountains Wildlife Sanctuary. This announcement was made on 21 April 2024, following Mr Kunthea’s assertions of distributing land, as […]
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Cambodia to Transform National Customs School into Asia-Pacific Training Hub
Cambodia successfully secured approval for its National Customs School to be designated as the Asia-Pacific WCO Regional Training Centre (RTC AP) d during the 25th Asia-Pacific Customs Director General Conference of the World Customs Organisation held in Sydney, Australia from 15 to 18 April 2024. The decision marks a significant milestone for Cambodia’s customs administration, […]
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MoE Initiates Green Recreation Initiatives in in Two Major Cambodia’s National Parks
The Ministry of Environment (MOE) is spearheading efforts to establish green recreation corridors in two of Cambodia’s cherished national parks: Preah Suramarit Kosomak “Kirirom” National Park in Kampong Speu province and Preah Jayavarman-Norodom “Phnom Kulen” National Park in Siem Reap. HE Eang Sophalleth, Minister of Environment, unveiled these initiatives during meetings on 18 April and […]
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Cambodia’s Furniture Market Set to Surge from US$100m to Over US$1bn by 2033
The Cambodian furniture market, though relatively small, is primed for substantial expansion in the coming years, with exports projected to soar to US$1.484 billion by 2033, as outlined in “The Cambodia Furniture Industry Research Report 2024-2033” published by finance.yahoo on 17 April 2024. Despite a slight downturn in 2023, Cambodia’s furniture manufacturing sector has exhibited […]
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Revised Vietnam Land Law Allowing Property Rights for Overseas Vietnamese to Boost Real Estate Market
The recently revised Land Law, which extends land use rights to overseas Vietnamese (OVs) and Vietnamese citizens living abroad, is anticipated to provide a significant impetus to the country’s real estate sector, according to Vietnamplus on 11 April 2024. Lieu Nguyen, the global ambassador for Vietnam, Cambodia, and Indonesia at the US National Association of […]
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Cambodia Forges Ahead with International Standard Community Nurseries for Workers
Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of labourers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on 18 April 2024, in collaboration with the World Child and Development Organisation and the World […]
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Cambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia’s commitment to fostering a conducive environment for international investment. The […]
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