Cambodia’s Angkor Wat Ticket Sales Surge in H1 2023, Generating Nearly US$18 Million
In the first half of 2023, Cambodia witnessed a remarkable surge in revenue from ticket sales to the iconic Angkor resort. According to a report released by the Angkor Institute on July 1, 2023, the country earned an impressive US$17,877,418 from selling tickets to 385,769 foreign tourists during this period. This revenue marks a staggering […]
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China Sends Second Batch of TCM Experts to Cambodia, Strengthening Healthcare Collaboration
Phnom Penh, the capital of Cambodia, welcomed the arrival of the second batch of highly skilled Chinese medical teams specializing in traditional Chinese medicine (TCM) on Tuesday evening. With a dual mission in mind, this team aims not only to provide routine medical treatments but also to bolster the establishment of the China-Cambodia Traditional Chinese […]
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Boeung Choeung Ek Wastewater Treatment Plant Nears Completion at 80% Progress with US$20M Investment
Exciting progress has been made on the construction of the Boeung Choeung Ek Water Treatment Plant, a monumental project valued at over US$20 million. As of July 5, 2023, the plant has reached an impressive completion rate of 80%, with the anticipated deadline set for November 2023. The Department of Public Works and Transport of […]
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Korea Extends Generous Funding of Nearly US$2 Million for New Referral Building in Pursat Province
In a significant development, the construction of a new non-communicable disease building at Pursat Provincial Referral Hospital, valued at nearly US$2 million, has commenced. The groundbreaking ceremony for this vital project took place on June 27, 2023, with the esteemed presence of HE Professor Mam Bunheng, Minister of Health, HE Khoy Rida, Governor of Pursat […]
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MB Bank and Borey Peng Huoth Join Forces to Offer Special Home Purchase Loans
In a significant collaboration, MB Bank Cambodia and Borey Peng Huoth recently held a Partnership Signing Ceremony at the prestigious Grand Star Platinum Sales Office, located just 5 minutes away from Monivong Bridge in Chbar Ampov. This event, which took place on the morning of June 30, 2023, saw the attendance of senior management representatives […]
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GOV’s Endeavors: Over 5,000 Houses Gifted to Veteran Families by 2023
In a remarkable display of gratitude and support, the Cambodian government has presented a total of 5,154 houses to veterans and their families by 2023. This significant achievement was highlighted by HE Mang Sineth, Deputy Governor of Preah Sihanouk Province, on the auspicious occasion of the 16th anniversary of the 21st Cambodian Veterans Day in […]
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NR No.10 Upgrade in Pursat Province Reaches Final Stages, Enhancing Connectivity
The construction of NR No.10 in Pursat province has reached its final stages, as reported by the Pursat Provincial Administration on June 28, 2023. The completion of a section from Veal Veng town, Bramoy commune to O’Som commune brings significant improvements to travel accessibility in the region. NR No.10 serves as a vital transportation link, […]
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Stamp Duty Exemption Costs the Gov’t Nearly US$2 Million in Revenue
Over the period spanning from February 25, 2020, to May 2023, the General Department of Taxation (GDT) has granted stamp duty exemption on the transfer of ownership or possession of immovable properties. According to the GDT’s weekly newsletter published on June 29, a total of 1,022 documents were exempted, resulting in a cumulative tax amount […]
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Cambodia’s Tourism Soars: H1-2023 Records 75% Surge with Over 11 Million Visitors
In an exceptional tourism surge, Cambodia witnessed a remarkable increase in visitor numbers during the first half of 2023. The Ministry of Tourism’s report, published on July 3, 2023, revealed a staggering 75% rise as Cambodia welcomed a total of 11.1 million domestic tourists, compared to the same period in 2022. The country’s popularity as […]
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World’s Highest Tunnel Completes Construction, Bolstering Connectivity in Tibet
In a remarkable feat of engineering and perseverance, the Gokarla Tunnel, the world’s longest high-altitude road tunnel, has reached its completion after an impressive seven-year construction period. Situated in the awe-inspiring region of Tibet, this significant milestone in infrastructure development is poised to enhance connectivity and facilitate economic growth. At staggering altitudes of 4,248 meters […]
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Delays Loom Over Thailand’s High-Speed Rail Linking Three Airports Project
The long-awaited high-speed railway project connecting three major airports in Thailand, namely Don Moeung, Suvarnabhumi, and U-Tapao, may face further delays, despite the initial agreement signed between the Thai government and the Charoen Pokphand (CP) Group in 2019. According to Mr. Nirut Maneephan, The State Railway of Thailand (SRT), as of July 4, 2023, construction […]
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Gov’t Allocates 6,000 ha of Social Land Concessions in Mondulkiri Province, Bringing New Hope to Local Communities
The Ministry of Land Management, Urban Planning and Construction, in collaboration with the Mondulkiri Provincial Authority, has designated 6,000 hectares of land as a dedicated area for land identification, classification, and registration in Rayor and Soksan communes of Koh Nhek district, Mondulkiri Province. This landmark zoning announcement, made on 28 June 2023, marks a crucial […]
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