COP28 Targets Tripled Renewable Energy by 2030, Unveils Asia’s US$7bn Solar and US$58bn Wind Power Market
At the recent COP28 summit in Dubai, the world witnessed a monumental agreement among over 100 nations to triple renewable energy production by 2030. This ambitious pact, unparalleled in its scale and urgency, aims to nearly double the current annual growth rate of renewable sources like wind, solar, and geothermal power, heralding a decisive step […]
Read More
Peng Huot Sankrant Grand Celebration: 5-6-7 April at PH Euro Park
Borey Peng Huot is gearing up to host the highly anticipated Peng Huot Sankrant celebration from 5-7 April to April 2024, at PH Euro Park, marking the onset of the traditional Khmer New Year festivities. This annual event, organised by Borey Peng Huot, promises an immersive experience for attendees, showcasing the vibrant culture and community […]
Read More
More than 20 Thai Firms Explores Investment Opportunities in Kratie Province
More than 20 Thai companies, led by the Thai Embassy in Cambodia, are actively seeking business and investment prospects in Kratie province. This initiative aims to bolster trade volumes and foster economic collaboration between Cambodia and Thailand, particularly within the new economic zone linking both nations. The visit, headed by HE Chheut Kiet, Ambassador of […]
Read More
Veal Veng District’s Eel Road Designated as Nature Reserve to Boost Tourism
PM Samdech Hun Manet of Cambodia has proposed a comprehensive study of the area surrounding the renowned “Hidden Bopha Road” or Eel Road in Phnom 1500, Veal Veng district, Pursat province, to designate it as a nature conservation area. This recommendation was made during the inauguration ceremony of the “Preah Botum Stupa in Wat Mony […]
Read More
17 Chinese Firms Seek Clarity on Investment Policies from Cambodian Prime Minister
Mr. Shen Mingrong, Chairman of Zhenjiang Zhoung Chao New Material Co., Ltd., alongside representatives from 17 Chinese industrial enterprises, expressed keen interest in expanding their investments in Cambodia. They sought clarity on three key policies from PM Hun Manet, according to result of the pivotal meeting between the two parties held on 27 March 2024. […]
Read More
Royal Group Launches Ambitious New 120-Hectare Special Economic Zone in Kandal Province
In a significant development, Royal Group, under the stewardship of Okhna Kith Meng, is embarking on the construction of a sprawling 120-hectare special economic zone (SEZ) in Kandal province. The SEZ, poised to connect with the Phnom Penh Special Economic Zone via a bridge spanning the Prek Tnaot River, marks a strategic move for economic […]
Read More
Remarkable Discovery: Ancient Tree Fossils Unearthed at Phnom Tbeng Natural Heritage Site
A groundbreaking discovery has been made by the fossil study team from the Department of Heritage Sites of the Ministry of Environment, revealing the presence of tree fossils dating back to between 251 and 65 million years at the Phnom Tbeng Natural Heritage Site. This significant finding was shared on the ministry’s Facebook page on […]
Read More
Chinese-Built Dams Imperil Mekong River Health: Threatening Extinction of 1 in 5 Fish Species
Approximately one in five (20%) of the fish species inhabiting the Mekong River are at risk of extinction due to unsustainable hydropower plant development practices, according to the research, spearheaded by the World Wildlife Fund (WWF) and 25 other marine and wildlife conservation organizations published on 4 March 2024 updated by SCMP on 22 March […]
Read More
Empowering ASEAN Citizens: Google and ASEAN Foundation Launch Digital Literacy Initiative
Google.org and the ASEAN Foundation have joined forces to introduce the ASEAN Digital Literacy Program (ADLP), a groundbreaking initiative aimed at elevating digital literacy among citizens across the ASEAN region, equipping them with essential skills to navigate the digital landscape effectively, according to pattayamail published on 22 March 2024. The unveiling of the ASEAN Digital […]
Read More
Exclusive Limited-Time Offers: Explore The Star Platinum Eco Poly Project by Borey Peng Huoth
Borey Peng Huot has recently unveiled its latest project, The Star Platinum Eco Poly, along with an enticing array of incentives, attracting a significant number of prospective buyers to explore the new model house. Homebuyers can take advantage of exclusive deals, including Immediate access to a condominium unit upon purchasing a house Latest series of […]
Read More
Gov’t Designates 10,923 Hectares of Kampong Smach Canal as Marine Fisheries Management Area
The Kampong Smach Canal, spanning 10,923 hectares, has been designated as the Prek Kampong Smach marine fisheries management area by the Sihanoukville provincial authorities, aiming to enhance the livelihoods of local communities. Governor of Preah Sihanouk Province, Mr. Kouch Chamroeun, made the announcement during a workshop on 28 March 2024, focusing on bolstering the management […]
Read More
New Government Regulations Set Property Tax Procedures & Rates
The Ministry of Economy and Finance has announced new regulations governing the management of property tax collection in Cambodia, setting a fixed rate of 10% of total real estate rental fees. This proclamation is outlined in Prakas No. 169 MEF.PrK.PD dated 20 March 2024, aims to streamline property tax procedures and ensure fair taxation across […]
Read More