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ខ្មែរ 
CDC approves two construction projects worth US$166 million in Phnom Penh and Kampot
- 9 August 2019
The Council for the Development of Cambodia (CDC) on 07 August approved a total of US$165 million in investment in a hotel and a construction materials factory in Phnom Penh and Kampot. According to the announcement, the hotel project is proposed by Royal Field Development Company Co., Ltd, a subsidiary of Chip Mong Group. This project comprises of a 300-key 3-star hotel as well as a commerc...
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Licadho Report Selective and Misleading, says CMA
- 8 August 2019
The Cambodia Microfinance Association (CMA) on 07 August condemned the recent Licadho report regarding the predatory system of microfinance in Cambodia, arguing that the report relies on flawed methodology, does not represent the status of microfinance in Cambodia, and destroys the reputation of MFIs in the kingdom. The condemnation comes in response to the report by Licadho and Sahmakum Teang ...
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Solar power to account 15% of total power consumption next year
- 8 August 2019
Cambodian government announced that next year power generated from solar farms will account 15% of total power output in the national grid. It is a contribution to reduce climate change. Keo Ratanak, Director General of Electricte Du Cambodge (EDC), said in a press conference held on Thursday that the 15% from solar farms in the national grid will join with power generate from hydropower dams w...
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Public Works ministry to establish special undercover road inspection group
- 8 August 2019
The Ministry of Public Works and Transport (MPWT) is to establish a special undercover road inspection group after some inspection firms and government officials failed to report roads that do not meet with the technical standards, said Minister of Public Works and Transport H.E Sun Chanthol. Speaking on the sidelines with reporters after a meeting with construction and inspection companies on ...
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Avani Hotels Officially Opens First Property in Siem Reap
- 8 August 2019
After six months of renovation by Thai hotel chain Avani, the French colonial architecture-styled Foreign Correspondents’ Club has been officially re-opened under the new name of ‘FCC Angkor managed by Avani Hotels & Resorts. Located a 20-minute drive from Siem Reap’s airport, this new hotel comprises 80 rooms and suites decorated in vintage style. The property was also designed by keeping ...
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LICADHO: Upsurge in microfinance debt leads to land loss and human rights abuses in Cambodia
- 8 August 2019
The acceleration in microfinance debt in Cambodia - for which land titles are mostly used as the collateral - can poses significant risks to millions of local debtors in the kingdom including land loss and many other systematic human rights abuses, according to the latest joint research by the Cambodian League for the Promotion and Defense of Human Rights (LICADHO) and Sahmakum Teang Tnaut (STT). ...
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Century Plaza market to be transformed into shopping centre
- 7 August 2019
One of the oldest markets in Phnom Penh along the Russian Federation Blvd Century Plaza is to be transformed into a shopping centre following a recent meeting between the developer, vendors, and city hall. On 04 August, a meeting was held between Mr Nuon Pharat, vice governor of Phnom Penh Municipal Hall, the developer, and around 300 vendors from Century Plaza to discuss the transformation of ...
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Special economic zone for Mondulkiri province studied
- 6 August 2019
The Cambodian government has been studying the establishment of a special economic zone (SEZ) in the north-eastern area of Cambodia to diversify the economy. The establishment of this SEZ is in line with the economic and social development goals of the northeast area. H.E. Vongsey Visoth, Secretary of State at the Ministry of Economy and Finance, said at a recent seminar on macroeconomic policy...
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Government Gives Green Light to Another New SEZ in Sihanoukville
- 6 August 2019
The Cambodian government has recently approved the construction of another special economic zone project on more than 55 hectares of land in Sihanoukville, to help boost the kingdom’s economic growth. This approval comes as a result of the second inter-ministerial meeting regarding the Environmental and Social Impact Assessment (ESIA) discussion on this project on 01 August 2019. Owned by Ca...
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Governor Pledges to Solve Flooding Issue in Sihanoukville
- 5 August 2019
Following widespread video and photos posted on Facebook on the flooding issue in Sihanoukville, Provincial Governor H.E Kuoch Chamroeun told residents on 05 August to stop blocking natural waterways to avoid more floods. Heavy flooding on from 10 pm on 03 August until 7 am on 04 August 2019, caused difficulties and damage to many properties and made transport by motorcycle difficult. In res...
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Industry Ministry Orders Suspension of Water Supply for Illegal Constructions
- 5 August 2019
The Ministry of Industry and Handicrafts issued a directive letter on 01 August informing its lower authorities to suspend the water supply for any kind of construction site found to be illegal, a move that aims to ensure the life, property, and safety of the people. The direction is for all departments of the Ministry of Industry and Handicrafts, water supply authorities, and private water sup...
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August 8th breakfast talk to discuss real estate and hotel investment in Cambodia
- 3 August 2019
With Cambodia rapidly growing real estate market, international real estate agency CBRE Cambodia and legal firm DFDL to hold a breakfast talk on 8 August to discuss the potential of the Cambodia real estate and hotel investment at the Rosewood Phnom Penh hotel. Under the theme “Real Estate Investment in Cambodia”, the event will bring together expert speakers from DFDL and CBRE Cambodia to guid...
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