Exclusive Limited-Time Offers: Explore The Star Platinum Eco Poly Project by Borey Peng Huoth
Borey Peng Huot has recently unveiled its latest project, The Star Platinum Eco Poly, along with an enticing array of incentives, attracting a significant number of prospective buyers to explore the new model house. Homebuyers can take advantage of exclusive deals, including Immediate access to a condominium unit upon purchasing a house Latest series of […]
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Gov’t Designates 10,923 Hectares of Kampong Smach Canal as Marine Fisheries Management Area
The Kampong Smach Canal, spanning 10,923 hectares, has been designated as the Prek Kampong Smach marine fisheries management area by the Sihanoukville provincial authorities, aiming to enhance the livelihoods of local communities. Governor of Preah Sihanouk Province, Mr. Kouch Chamroeun, made the announcement during a workshop on 28 March 2024, focusing on bolstering the management […]
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New Government Regulations Set Property Tax Procedures & Rates
The Ministry of Economy and Finance has announced new regulations governing the management of property tax collection in Cambodia, setting a fixed rate of 10% of total real estate rental fees. This proclamation is outlined in Prakas No. 169 MEF.PrK.PD dated 20 March 2024, aims to streamline property tax procedures and ensure fair taxation across […]
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Battambang Province Flourishes with Over 700 Enterprises, Generating 150,000 Jobs
Battambang province boasts a thriving economic landscape, with more than 700 enterprises and 17 factories contributing to the employment of nearly 150,000 individuals as of the first quarter of 2024, according to official data reported by AKP Battambang on 29 March 2024, the province’s economic vitality is underscored by its diverse industrial sectors, including agricultural […]
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Singapore New National Plan Commits Over US$15 million on Scholarships for 15,000 Top Students to Study AI Technology
Singapore has unveiled an ambitious plan to bolster its global standing in business and innovation by injecting more than S$1 billion, equivalent to over US$743 million, into artificial intelligence (AI) initiatives over the next five years. The announcement came as part of Singapore’s 2024 National Budget, demonstrating a strategic push towards technological advancement and economic […]
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Kampong Cham Province Plans Construction of Tourism Standard Port
The Ministry of Public Works and Transport (MPWT), in collaboration with the Kampong Cham Provincial Administration, conducted an inspection and evaluation of a potential site along the riverbank in Kampong Cham city for the development of a tourism port. Led by HE Kim Sann, Under-Secretary of State of the MPWT, and Mr Heng Vanny, Deputy […]
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Gov’t Forms Task Force to Combat Illegal Land Seizures in Targeted Provinces
The Government of Cambodia has taken decisive action to combat illegal logging, land clearing, and forest land encroachment in several provinces by establishing a National Committee through decision No. 19 pillar dated 22 January 2024. Chaired by the Minister of Agriculture, Forestry and Fisheries, the 13-member National Committee is tasked with assignments including: Prepare and […]
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Completion of ‘Moradok Techo’ Flyover Set for 30 March, Opening Scheduled for Early April
The first phase of the “Moradok Techo” flyover, connecting Samdech Techo Hun Sen Blvd. and Monivong Blvd., is poised for completion by 30 March 2024, with plans to open its second level to traffic on 1 April 2024, as announced by the Phnom Penh Capital Administration in Announcement No. 024/24 dated 28 March 2024. Construction […]
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Saudi Arabia to Welcome World’s First ‘Dragon Ball’ Theme Park Covering 500km2
Toei Animation has announced that Saudi Arabia will be the site of the world’s inaugural theme park based on the beloved “Dragon Ball” franchise, marking a significant milestone in entertainment ventures. The Japanese studio has entered into a strategic partnership with the Saudi government’s Public Investment Fund (PIF), with the latter funding construction and associated […]
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UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks
The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organisation (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on 26 March, HE Hem Vanndy, Minister of MISTI, along […]
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Cambodia’s Exports to Korea Skyrocket, Surging 2048% in 2023
In a remarkable surge, Cambodia’s exports to the Republic of Korea soared to US$26.21 million in 2023, marking a staggering increase of 2048% compared to the previous year’s US$1.22 million. This substantial growth underscores the robust trade relationship between the two nations, facilitated by the CKFTA agreement. The data, disclosed by the spokesperson of the […]
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Cambodia and Laos Discuss Plans for Border Crossing Bridge
Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed […]
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