Phnom Penh to Build New River Frontage Road East Side of Bassac River
Chbar Ampov District Administration is planning to build a new river frontage road and a stretch of riverbank on the eastern side of the Bassac River from the base of the Old Monivong Bridge to the Koh Norea Development Zone. According to the district on 22 March, the working team has already started the location […]
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Gov’t Urges Building owners to Not Terminate Tenant Contracts for Late Payment
The Cambodian government has called on all building owners to not terminate contracts or evict tenants in case they are unable to pay their rent during the COVID-19 crisis. According to the official statement released on 25 March, the request also refers to the landlords of business buildings and factories. Both landlords and tenants shall […]
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Gov’t Extends Tourism-Related Business Tax Exemption for Three More Months
The government has decided to extend the tax exemption for the tourism, hospitality, and aviation businesses in seven target provinces until June this year. According to the government statement issued on 25 March, the seven target provinces include Phnom Penh, Siem Reap, Sihanoukville, Kep, Kampot, Bavet, and Poipet. However, these businesses still have to file […]
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ADB Receives US$300 million for Green Projects in ASEAN, Cambodia Included
The Asian Development Bank (ADB) has recently received US$300 million from the Green Climate Fund (GCF) for its ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme. Cambodia is one of the locations where ADB will implement a 40-megawatt solar power plant. The project is currently in public bidding procedure, according to the Ministry of […]
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60-megawatt Solar Station in Battambang Province Starts Generating Power
A 60-megawatt solar power plant in Battambang province has begun generating power and linked to the grid, according to a senior official from the Ministry of Mines and Energy. Located in Anlong Run commune of Tmarkoul district, the power plant is worth US$50-million invested in by Risen Energy Co Ltd, and is one among other […]
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CCA Hosts Online Seminar Promoting Construction Law Implementation
Cambodia Construction Association (CCA) on 24 March 2021 held an online meeting to share knowledge among members and the public about the new sub-decree regarding the certificate of occupancy for old and new buildings. The meeting was held through Zoom and attended by more than 50 participants from different sectors. CCA Secretariat General Manager Chhiv […]
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Construction of New Medical Laboratory Building in Sihanoukville Set for Completion This Month
A new medical laboratory building located in the Sihanoukville Provincial Referral Hospital will be completed late in March, according to the Sihanoukville Provincial Administration today. Meanwhile, the COVID-19 test kit equipment, which is a grant from China, will be installed later in early April 2021 while the official inauguration ceremony will be held in late […]
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361 Construction Inspectors Given Policing Powers
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) and the Ministry of Justice have issued an inter-ministerial decision giving limited judicial police powers to 361 building inspectors for more effective construction law implementation. According to the decision dated 18 February 2021, all 361 officials must perform their duties under the Construction Law, Criminal […]
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Two Military Training Centres in Kampong Speu Turned Into COVID-19 Treatment Facilities
Two military training institutes in Kampong Speu province have been selected to become additional COVID-19 treatment facilities for patients from Phnom Penh and Kampong Speu province. General Sem Sovanny, Director-General of the National Centre for Peacekeeping Forces said during the site inspection on 24 March that both new treatment facilities will be under the control […]
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Casino Tax Revenue Drops 50% in 2020 Due to COVID-19 pandemic
Casino tax revenue collection in 2020 was recorded at US$40 million, down by 50% compared to the same period in 2019, according to a senior official from the Ministry of Economy and Finance (MEF). Deputy Director-General of the Industry Department of the MEF Ros Phirun said on 24 March that the decline in the casino […]
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Angkor Resources Identifies Multiple Quartz Veins & Gold Grains in Cambodia
Canada-based Angkor Resources Corp has revealed that its gold exploration program in Cambodia is demonstrating more positive results with multiple quartz veins and gold grains identified, a step forward to commercial gold mining in Cambodia. According to the firm’s statement on 23 March, the result was shown after the company completed 80 test pits and […]
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PPSP Acquiring Local Construction Firm to Expand Long-Term Business in Cambodia
Phnom Penh SEZ operator PPSP has decided to acquire local construction company, Sahas E & C Co., Ltd. for over US$1.1 million in order to expand its business ambitions in Cambodia after obtaining permission from the Securities and Exchange Regulator of Cambodia (SERC). According to the company’s announcement on 22 March, prior to the acquisition, […]
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