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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Unveiling the Allure of Borey Peng Huoth’s Star Mega Garden: A Prime Choice for Homebuyers
Borey Peng Huoth, renowned for its exceptional residential and commercial developments across Phnom Penh, presents The Star Mega Garden, a project brimming with promise and unparalleled potential. Here are five compelling reasons why investing in The Star Mega Garden is a prudent choice: Prime Location Offering Connectivity and Convenience: Nestled along the burgeoning Second Ring […]
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Bridge Construction Across Bassac River Surpasses Milestone Ahead of Schedule
The ambitious project to construct a bridge spanning the Bassac River, linking Chak Angre Krom to Prek Pra, has surpassed expectations by achieving a remarkable 7.5% progress in just two months, surpassing the planned timeline by 0.6%. This significant milestone, achieved ahead of schedule, underscores the swift and efficient progress of the construction efforts since […]
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Australia’s 30-Year Commitment: Catalysing Cambodia’s Development Across Key Sectors with US$1bn in Aid
For three decades, the Australian Government has been instrumental in Cambodia’s development journey, extending over US$1 billion in official development assistance to bolster pivotal sectors within the nation. This landmark contribution underscores Australia’s unwavering commitment to Cambodia’s progress, as highlighted in a press release by the Ministry of Foreign Affairs and International Cooperation, commemorating the […]
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Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
The Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on 17 April 2024. […]
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