Government Introduces 20% Capital Gains Tax Effective January 1, 2026

In a significant policy shift, the Ministry of Economy and Finance has announced the introduction of a 20% tax on capital gains, set to take effect on January 1, 2026. This announcement was made through Prakas No. 496, សហវ.ប្រក issued on July 18, 2025. Capital gains are defined as taxable income earned from the sale or transfer of various capital assets, after applicable deductions. The assets ...

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Cambodia and UNESCO Unite for Groundwater Conservation in the Mekong Delta

In a significant move for environmental conservation, the Cambodian Ministry of Environment and UNESCO have committed to enhancing collaboration on sustainable groundwater management and heritage conservation in the Mekong Delta. This partnership was solidified during a meeting held on July 28, 2025, between HE Eang Sophallet, Minister of Environment, and Sardar Umar Alam, Director-General of UNES...

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NBC Implements Loan Cancellation and Relief Measures for Soldiers Affected by the Cambodia-Thailand War

In a significant move to support the soldiers impacted by the recent Cambodia-Thailand conflict, the National Bank of Cambodia has announced a series of financial relief measures aimed at easing the burden on veterans and their families. Under the new directive, banking and financial institutions are instructed to cancel loans of up to 80 million riel for customers and co-borrowers who were sol...

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Zambia Signs USD1.1 billion Deal for Crude Oil Refinery and Cassava Processing Hub

Zambia has entered into two significant agreements with Chinese firms for the construction of a USD 1.1 billion crude oil refinery and a large-scale cassava cultivation and processing project. The contracts were signed by Cornwell Muleya, CEO of Zambia's Industrial Development Corp. (IDC), and Huang Tieming, president of Fujian Xiang Xin Corp. The refinery, set to be built in Ndola, will have a...

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Hong Kong Launches First Automatic Hydrogen Charging System for EV: A Step Towards a Greener Future

Hong Kong is taking a significant leap towards a greener future with the launch of its first public automatic hydrogen charging system for electric vehicles (EVs). Set to commence operations in the second quarter of 2026, this innovative project is located at the city’s Science Park and aims to be a groundbreaking hub for hydrogen-based EV charging. Pioneered by the Hong Kong and China Gas Co L...

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Ninh Binh Plans Major International Airport to Boost Tourism

Ninh Binh province in northern Vietnam is set to develop a 720-hectare international airport, projected to handle 10 million passengers annually, aimed at capitalizing on the region's booming tourism industry. Positioned in Liem Tuyen ward, the airport will be approximately 80 km from Hanoi’s Noi Bai International Airport and 85 km from Hai Phong and Thanh Hoa airports. This proposed 4E-categor...

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Funan Techo Canal Construction Set to Begin during the low water season this year

The long-awaited construction of the Funan Techo Canal is scheduled to officially commence during the low water season at the end of 2025. This announcement was made by His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, during a visit to the project site in Kep province on July 25, 2025. During his visit, His Excellency con...

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Japan and Cambodia Collaborate to Enhance Carbon Credit Market

In a significant move toward environmental sustainability, Japan has expressed its commitment to help expand Cambodia's carbon credit market. This collaboration was highlighted during a recent meeting between His Excellency Eang Sophallet, Minister of Environment, and representatives from Japanese technology firms and the Japan Aerospace Exploration Agency (JAXA) held on July 23, 2025. During t...

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Korean Community Aims to Enhance Cambodia’s Water Resources and Meteorology Sectors

In a recent meeting held on July 23, 2025, the Korea Rural Community Corporation (KRC) expressed its commitment to assist in the development of Cambodia's water resources and meteorology sectors. The meeting featured His Excellency Pon Sacha, Secretary of State and Director of the Republic of Korea-funded project, alongside Mr. Kim Jong-kyung, the KRC representative. During the discussion, Mr. ...

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Cambodia Accelerates Development of Special Economic Zones Amid Investment Surge

The Cambodian government is ramping up efforts to enhance its special economic zones, with a striking report indicating that the country has attracted a total of 960 investment projects, amounting to approximately USD 12.6 billion. This surge in investment is projected to create over 200,000 jobs, highlighting Cambodia’s growing appeal as a destination for industrial investment. His Excellency ...

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Chinese Company Set to Boost Clean Energy Investments in Cambodia

In a significant move to enhance energy security in Cambodia, Xingtai Shunhe Biotechnology Co., Ltd., a premier energy manufacturer from Hebei Province, China, has announced its ambitions to invest in the country's clean and renewable energy sectors. During a recent meeting with H.E. Chea Wutty, Secretary-General of the Cambodia Investment Committee, Ms. Li Jie, the President of Xingtai Shunhe,...

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Preah Sihanouk Province Boosts Investment with Special Incentives for 331 Projects

In a significant move to stimulate economic growth, the Preah Sihanouk Provincial Investment Promotion Working Group has rolled out special incentives for 331 stalled projects in Sihanoukville over the past year. This initiative aims to facilitate investment and promote development in the region, particularly within the construction and real estate sectors. During a recent meeting chaired by H....

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