New Road from NR 4 to Bokor Mountain Now Accessible to Off-Road Vehicles

The Thansur Sokha Hotel has confirmed that the 61-kilometer road project connecting National Road 4 to Bokor Mountain is now accessible to off-road vehicles. According to their official Facebook page on April 25, 2023, the road is open for high-wheel drive vehicles (4WD) and large motorcycles. The completion of the clearing work on April 1 marked a significant milestone in the project, which is...

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Singapore Doubles Property Tax for Foreign Buyers in Effort to Cool Market

In a move to address concerns over the affordability of housing for locals and maintain its position as a competitive financial hub, Singapore has raised taxes on property purchases. The Ministry of Finance, National Development Ministry, and Monetary Authority of Singapore have jointly announced that stamp duties for foreign buyers will increase from 30% to 60%. While Singaporeans and permanen...

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Cambodia to Establish Embassy in Brazil to Strengthen Diplomatic Ties

The Royal Government of Cambodia has recently announced its decision to establish an Embassy of the Kingdom of Cambodia in the Federal Republic of Brazil, according to Sub-Decree No. 77 issued on 24 April 2023. The Embassy, located in the capital city of Brasilia, will be headed by a Chief of Mission who will have the status of Ambassador Extraordinary and Plenipotentiary. This move is in line ...

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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia

Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, Technology and Innovation...

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PP-SR Expressway Runs Through 5 Cities-Provinces while the feasibility study will end in May

The Cambodian government is moving forward with the Phnom Penh-Siem Reap Expressway project, which will connect the two cities by crossing five provinces, according to a feasibility study set to be completed by the end of May. Senior Minister of Public Works and Transport, HE Sun Chanthol, recently confirmed the progress of the project, stating that a meeting was held on April 25, 2023, to disc...

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Gov’t Approves 7 Investment Projects Worth Over US$ 60M in Kampong Speu, Kandal and Phnom Penh

The Investment Committee of Cambodia of the Council for the Development of Cambodia (CDC) has announced its approval of seven investment projects worth over US$60 million. The projects will establish factories in Kampong Speu, Kandal, and Phnom Penh, and are expected to create 11,867 new job opportunities for Cambodian people. Among the approved companies is “CAMBODIAN GOLDEN FRUIT TRADING CO.,...

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Phnom Penh Municipal Court to Relocate to State-of-the-Art School of Justice in OCIC Development Zone

The Phnom Penh Municipal Court and Prosecutor's Office are set to relocate to a new location in the OCIC Development Zone, according to an announcement by the Phnom Penh Municipal Court on 26 April 2023. The move is scheduled to take place on 12 June 2023. The Phnom Penh Municipal Court will move from its current location at building 25, Street 271, Sangkat Veal Vong, Khan 7 Makara, to the Scho...

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FACT to Develop Two Projects as Community Tourism Destination around Tonle Sap Lake

Fisheries Action Coalition Team (FACT) has launched two new projects to promote the rights of local communities towards the sustainability of fisheries resources in the Tonle Sap Lake and to conserve biodiversity and climate change in the area. The organization aims to develop Kampong Thom, Kampong Chhnang, and Pursat provinces as a community tourism destination by building floating markets, bunga...

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Artificial river in Tbong Khmum will become a new tourist destination as authorities develop smart areas

Tbong Khmum Provincial Administration is transforming an artificial river near the provincial administrative Borey into a SMART AREA for tourism, creating a new tourist destination. According to HE Dr. Cheam Chansophoan, Governor of Tbong Khmum Province, in a press conference on "Success in the past 5 years" on 20 April 2023. HE Governor explained that the artificial river can hold up to 3 mill...

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A Big Electrical Wiring Factory in Kampong Speu Officially Opens

YURA Harness Cambodia Car Electronics Factory was officially inaugurated on 25 April 2023, under the high presidency of HE Hun Many, Member of National Assembly of Kampong Speu Province, and HE Vy Samnang, Governor of Kampong Speu Province. The factory, located in Toul Thnong village, Rokar Thom commune, Chbar Morn city, Kampong Speu province, represents an investment of approximately $6.8 mill...

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