Cambodia Prepares Groundbreaking Legislation to Foster Public-Private Ventures
The Ministry of Economy and Finance is actively crafting a new law pertaining to the management of public enterprises and state-owned entities. This legislation encompasses a wide spectrum of business endeavours and public-private investments, marking a pivotal step in Cambodia’s economic evolution. The ministry unveiled the initiative during a consultation workshop held on 21 September […]
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ADB Commits US$140M to Bolster Industrial Skills & Public Service Decentralisation in Cambodia
The Asian Development Bank (ADB) has reaffirmed its commitment to Cambodia’s development with a substantial US$140 million loan agreement, signifying a pivotal step in enhancing the nation’s industrial skills and streamlining public services. This agreement, inked on 26 September 2023, by HE Dr. Aun Porn Moniroth, Cambodia’s Deputy Prime Minister and Minister of Economy and […]
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New Port Facility in Koh Kong Province Inaugurated & Initially Tested
In a significant stride toward bolstering both tourism and international trade, the inauguration of the Koh Kong Port in Koh Kong province marked a pivotal moment in Cambodia’s coastal development. This grand ceremony, presided over by Mrs. I Neari Net, Deputy Governor of Koh Kong Province, on 25 September 2023, signified the opening of new […]
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Cambodian Gov’t Extends Property Tax Relief: Fines & Penalties Waived Until End of 2023
In a proactive measure to support property owners facing tax-related challenges, the Ministry of Economy and Finance has taken a decisive step. They have announced the waiver of administrative sanctions, which include additional taxes and interest, on property taxes and unused land taxes. This vital decision applies to all those who have not yet registered […]
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Japan Commits US$430 Million to Transform Sihanoukville Port into ASEAN’s Largest by 2028
The Japanese government has pledged a substantial investment of US$430 million for the expansion and enhancement of Sihanoukville port. This transformative endeavour, set to be realised by 2028, aspires to position Sihanoukville as “the largest port in ASEAN.” This announcement was made by HE Ueno Atsushi, the new Ambassador of Japan to the Kingdom of […]
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Gov’t Reaffirms Stand to Protect Cultural Heritage Over Pagoda Construction at Wat Phum Man Pha, Thailand
The Ministry of Culture and Fine Arts, Cambodia, has once again reaffirmed its unwavering commitment to preserving Cambodia’s rich cultural heritage by closely monitoring the construction of a pagoda at Wat Phum Man Pha, Borei Rom province in Thailand. The pagoda’s design closely mirrors the iconic Khmer Angkor Wat, a cause for concern among many […]
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Cambodia’s Gold Refineries Shine: 8 tons of Gold Ore Processed, Generating US$13 Million in Royalties
In a glittering testament to Cambodia’s burgeoning gold industry, six prominent companies engaged in gold refinery production have collectively processed a remarkable 8,334 kilograms of gold ore as of 25 September 2023. According to a report released by the Ministry of Mines and Energy, the grand total equates to an impressive 922 gold bars, reflecting […]
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Kratie Provincial Authorities Issue Warning Against Unauthorised Land Encroachment
Kratie provincial authorities have issued a stern warning to residents who have encroached upon Tuol Takin security land in Bos Leav commune, Chit Borei district. The warning comes with a deadline of the end of September, after which legal action will be pursued against those in violation, according to an official announcement by the provincial […]
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Gov’t Extends Property Tax Payment Deadline to 31 October to Boost Compliance
The General Department of Taxation has announced an extension of the property tax payment deadline for 2023. Originally set for 30 September 2023, property owners will now have until 31 October 2023, to fulfil their tax declarations without incurring administrative penalties for late submission. The official announcement, made on 26 September 2023, reflects the government’s […]
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Majestic 45-Meter-High Buddha Statue Set to Grace Kep Province’s Skyline
A towering 45-meter-high Buddha statue is poised to adorn the picturesque landscape of Kep province, marking a sacred site for Buddhists and an enchanting tourist attraction. This ambitious project was unveiled during a site inspection by H.E. Som Piseth, Governor of Kep province, and Venerable Monk Hum Bounty, President of the Cambodian Meditation Center, on […]
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India Boosts Ecotourism Development in Kampong Thom & Prey Veng Provinces
India has pledged its strong backing for ecotourism community development projects in two Cambodian provinces, Kampong Thom and Prey Veng. This encouraging commitment was the result of a productive meeting between HE Sok Soken, Minister of Tourism of Cambodia, and HE Dr Devyani Khobragade, Ambassador Extraordinary and Plenipotentiary of the Republic of India to the […]
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Booyoung Group Generously Grants 25 Tourist Buses to Kampong Speu Provincial Administration
In a heartwarming gesture, Booyoung Group has contributed 25 state-of-the-art tourist passenger buses (each with 20 seats) to the Kampong Speu Provincial Administration. The announcement, made by HE Vy Samnang, Governor of Kampong Speu Province, on 25 September 2023, marks a significant step in strengthening transportation facilities in the province. This altruistic endeavour is part […]
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