Construction of Khmer-Thai Stueng Bat International Border Checkpoint 20% Complete
The construction of the US$24 million Stueng Bat-Ban Nong Ian international border checkpoint located nearby the existing Khmer-Thai Poipet checkpoint in Banteay Meanchey province is now 21.05%. This is according to a site inspection by the Minister of Public Works and Transport HE Sun Chanthol on the morning of 30 June. Besides giving an update […]
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Interior Ministry to Build New US$20 million Administration Building
The Ministry of Interior will build a new administration building worth approximately US$20 million inside the current ministry complex as it has already received approval from the government. In a letter from the Office of Council of the Ministers dated 29 June, the government agreed in principle to allow the Ministry of Interior to build […]
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The Change in Rental Behaviours Amid Current Market Conditions
Phnom Penh’s condominiums are patiently waiting for recovery, despite limited sales performance during the three-week complete lockdown due to COVID-19 market conditions. Some developers have implemented significant price promotions to clear their unsold inventory, while others have adopted a “wait-and-see” approach and shifted their attention to the daily-rate market and waiting for the market to […]
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How Developers are Offloading their Stuck Residential Inventory in this Challenging Time
COVID-19 has impacted the residential market broadly with no significant improvements during the first quarter of 2021. There were almost no new condominium units launched for the first three months of this year, and most of the major developers are rushing to revamp their strategies, focused on making quick revenue in order to manage and […]
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Siem Reap Authority Turns Angkor High School into New COVID-19 Treatment Facility
The Siem Reap Provincial Health Department has decided to use Angkor High School in Sangkat Sala Kamroeuk as a new COVID-19 treatment centre for mild-symptom patients from 28 June onwards. Dr Kros Sarath, Director of the Health Department of the Siem Reap Provincial Administration, said that Angkor High School has more than 100 rooms that […]
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Six Regions in Mondulkiri Selected for Tourism Masterplan Development
The Cambodian government has chosen six regions in Mondulkiri province for a tourism development masterplan, with the aim of turning Mondulkiri into the fourth kingdom’s fourth economic pole. According to an official meeting regarding the draft masterplan for tourism development of Mondulkiri Province (2021-2030) on 28 June, those six regions are: 1. The 5 wildlife […]
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China’s Guangzhou City to Build Massive International Quarantine Complex
Guangzhou city in China is planning to build a massive quarantine complex for international travellers and local residents from high-risk areas as local hotels are not suitable to stop the spread of the new Delta variant, report SCMP. Leading respiratory expert Zhong Nanshan brought this up after seeing the high level of transmissibility of the […]
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SR 38-road Renovation Project 63% Complete, On Track for Final Completion in December
Construction of the 38-road renovations in Siem Reap will be completed by December this year as scheduled, while progress to date has reached over 63%, according to Minister of Public Works and Transport HE Sun Chanthol during his site inspection on 28 June. As of 25 June, the overall construction is 63.87% complete, of which […]
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Macau Casino Operator Delays 1200-hectare Land Acquisition in Siem Reap Again
Macau-based gaming operator Macau Legend Development Ltd has once again failed to reach an agreement on its 1200-hectare land acquisition in Siem Reap but has stated that it is now negotiating with the seller for amicable solutions, reported IAG. Macau Legend Development Ltd first revealed its plan to build an integrated resort in Siem Reap […]
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USAID Mulls Providing US$3 million in Aid to Upgrade Cambodia Cold Chain Logistic System
The United States Agency for International Development (USAID) is requesting the US Government to provide US$3 million in aid to implement the upgrade of the Cold Chain Logistic System in Cambodia. This plan was revealed by the USAID Country Director for Cambodia Veena Reddy during her farewell meeting with the Minister of Agriculture, Forestry and […]
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CCA Embraces Online Approach to Promote Connectivity Among Members Amid Pandemic
The Cambodia Constructors Association (CCA) continues to embrace an online approach to help promote business activities, knowledge, and connectivity among its members and non-members amid the pandemic. CCA Secretariat General Manager Mr Chhiv Sivpheng said that the association has been active, at least on the online platform, even during the lockdowns and afterwards. “We have […]
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Thai Government Mulls Permitting Foreign Ownership of Property & Land
The Thai Government is considering making changes to its immigration policies to provide 10-year visas to foreigners who own property in Thailand, reported the Bangkok Post in early June. The revised investment-based immigration program would provide the long-stay visas to four priority groups; wealthy retirees, high-net-worth global citizens, rich professionals working in Thailand and highly-skilled professionals. […]
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