Pizza Hut to Debut in Cambodia in August
US-based Pizza Hut will open it’s first-ever store in Cambodia this month in response to growing demand and the kingdom’s high potential retail sector. The United Food Group, the owner of the Park Café restaurant, is the Pizza Hut International franchise partner bringing the Pizza Hut to Cambodia. The first store will open in Phnom […]
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Probe Continues for Angkor Wat-like Temple; MCFA Requests More Proof from Thailand
Cambodia is still investigating the alleged Angkor Wat-like temple in Thailand, as the Minister of Culture and Fine Arts has recently requested more proof from the Thailand before making any further decisions. The request was made during a meeting between the Minister of Culture and Fine Arts HE Phoeurng Sackona and the Thai Ambassador to […]
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Mortgage Applications Drop by 32% in Q2; Value Shrinks 17%
The number of mortgage loan applications in the second quarter of 2021 dropped by 32% while the total loan value also decreased by 17%, compared to the first quarter of the same year, according to a recent report by the Credit Bureau Cambodia (CBC). The same reported added that as of June 2021, the number […]
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Preah Vihear Breaks Ground on Tourism & Hospitality Centre
The National Authority for Preah Vihear has broken ground on the new Preah Vihear Tourism and Hospitality Centre, to boost the tourism sector in the province. According to the Ministry of Culture and Fine Arts on Tuesday, the centre is located on the opposite side of the Eco Global Museum in Sra’aem commune, Choam Ksant […]
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265mW Coal-Fired Power Plant in Oddar Meanchey Completion Delayed
Construction of a 265mW coal-fired power plant in Oddar Meanchey province will not be completed in late 20202 as scheduled due to the COVID-19 pandemic, according to a senior official of the Ministry of Mines and Energy. HE Victor Jona, Director General of the Energy at the ministry, said that the delay was due to […]
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Sixth Japanese-Funded Automatic Screen Pit Installed in Phnom Penh Drainage System
The sixth Japanese-funded automatic garbage collection machine in the drainage system (automatic screen pit) in Phnom Penh has been installed and was officially put into operation on Wednesday 4 August. The inauguration ceremony was held in the presence of the First Secretary of the Japanese Embassy Mr Toshikazu Tokioka, JICA Representative Ms Aya Tokumoto, and […]
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Mondulkiri 100-megawatt Wind Power Project Still Being Studied, No Completion Date Given
Studies continue on a 100 mW wind power project in Mondulkiri province with conclusions expected soon, according to the Director-General of Energy of the Ministry of Mines and Energy HE Victor Jona. However, this senior official did not provide any specific timeline as to when the study will be completed. “When the feasibility study is […]
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Environment Ministry Drafts Kingdom’s First Green Building Guidelines
The Ministry of Environment (MoE) is currently drafting new guidelines to encourage, monitor, and recognise green constructions, which will become the first of their kind in Cambodia upon enforcement. The drafting team are now studying the models from Germany’s green building system (DGNB) and Korean green building system (G-SEED) to ensure that the draft guidelines […]
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New Tourism Port Set for Kep Province
The Kep provincial administration has recently allowed a private company to build another tourism port in the city to facilitate the travel of tourists and fishermen. The project agreement was signed on Tuesday 3 August between Kep Governor HE Som Piseth and the company representative. Named Se Sar (White Horse) port, the port project has […]
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10-Hectare Landfill in Kampong Chhnang Set for Completion by Late 2021
Construction of the 10-hectare landfill in Kampong Chhnang is proceeding smoothly and scheduled for completion by the end of 2021 as planned, according to Kampong Chhnang Governor HE Sun Sovannarith during a site inspection on Tuesday 3 August. The entire project includes the construction of landfills, sewage treatment plants, filter ponds, administrative buildings, water quality […]
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APSARA Authority Speeds Up Renovation Work on Small Circuit Road
The APSARA Authority is speeding up the renovation on the small circuit road in Angkor archaeological park from the Terrace of the Elephants to Banteay Kdei temple with a total length of over 6,300 metres. According to the announcement by the APSARA Authority on 4 August, the renovation is divided into three sections including a […]
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Is the Overheating Property Market Bad for the Economy?
An economist from the Royal Academy of Cambodia HE Ky Sereyvath has expressed concern that overheating growth in the real estate sector no longer benefits the local economy and will eventually push housing prices beyond the purchasing power of the local population. HE Ky Sereyvath made the statement during an interview with RFI earlier this […]
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