Gold production reaches nearly 13 tons by early November
Cambodia’s gold refineries have refined nearly 13 tonnes of gold by early of November 2024, according to the Ministry of Mines and Energy’s report. HE Ung Dipola, Director General of the General Department of Mines of the Ministry of Mines and Energy, said at a press conference held on November 6, 2024 that Renaissance Minerals […]
Cambodia has Chinese-invested 1,200 factories with a total capital of more than USD9 billion
As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totalling USD 9,086 billion, which represents 45.49 percent of the country’s overall investment capital. The figures were mentioned in a meeting between HE Hem Vanndy, Minister of Industry, Science, Technology & Innovation and HE Wang Wenbin, Ambassador of China to […]
The Cambodian gov’t has decided to continue and increase tax incentives for the real estate sector until the end of 2025
The Cambodian government has decided to extend and increase tax incentives for the real estate sector until the end of 2025 to alleviate the tax burden on housing developers and property owners. On November 4, 2024, Samdech President Hun Manet announced on his official Facebook page that these tax incentive measures are intended to support […]
Cambodia Maintains the World’s Highest Central Bank Interest Rates, Defying Global Trends
In the third quarter of 2024, Cambodia continues to lead global markets, with central bank interest rates soaring between 10% and 12%, starkly contrasting with the 0% to 6% range maintained by most major economies. This divergence, detailed in a report by CBRE Cambodia published on 17 October 2024, spans from December 2021 to December […]
Borey Peng Huoth Introduces Special Water Festival Instalment Offer with 9% Interest on 19-Year Terms
Borey Peng Huoth announces an attractive new opportunity for buyers this Water Festival season, offering a 9% annual interest rate on direct instalment payments for up to 19 years, without requiring an income verification. The promotion, available across all Borey Peng Huoth projects, also includes a range of exclusive vouchers for new homeowners—underscoring Borey Peng […]
Cambodia’s Major Steps in Wastewater Management as 122 Factories Commit to Automated Liquid Waste Control
A total of 122 Cambodian factories and enterprises have agreed to install automated monitoring systems for liquid waste control, aligning with national environmental regulations. As of October 2024, five factories have fully installed and activated these self-monitoring systems, while 10 others are currently under contract for installation, according to an announcement by the Ministry of […]