Local News
Borey Peng Huoth Unveils Morakot Village: A New Era of Modern Living Begins in Phnom Penh
Borey Peng Huoth, a leader in residential development, is thrilled to announce the highly anticipated opening of its latest project, Morakot Village. Set to revolutionize the housing landscape in Phnom Penh, this new endeavor showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-meter road, Morakot Village […]
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Cambodian Government Extends Property Tax Exemptions for New Cities and Agricultural Land
In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 […]
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Cambodia’s Tourism Soars with Impressive Revenue from Ticket Sales
Cambodia is celebrating a significant boost in tourism as the country rakes in over USD 13.55 million from ticket sales in just the first two months of 2025. According to a report released by the Angkor Foundation, the magnificent temples of Angkor continue to attract visitors from around the globe, reaffirming Cambodia’s status as a […]
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Slow Credit Growth in Cambodia’s Banking Sector in 2024
In 2024, Cambodia’s banking system experienced slow credit growth, reaching only 3 percent. This modest increase is attributed to the sluggish recovery of key sectors such as construction, real estate, tourism, as well as wholesale and retail businesses. A report released by the National Bank of Cambodia (NBC) on February 22 revealed that the total […]
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2024 Sees a Surge: Cambodia’s Air Freight Volume Jumps 40% with Nearly 80,000 Tons Transported
In 2024, Cambodia made significant strides in its air transport sector, successfully transporting 77,852 tons of goods by air, marking a remarkable 40% increase compared to the same period in 2023. This achievement was highlighted in a report presented by Prime Minister Hun Manet on March 5, 2025. Air transport has emerged as a crucial […]
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Cambodia’s Home Loans with Bank Reach USD 6.78 Billion as of 2024: NBC Report
In a recent report, the National Bank of Cambodia announced that as of 2024, the country had seen a significant surge in home loans, totaling over USD 6.78 billion, marking a 12.5% increase. This figure represents 12.5% of the total loan volume in Cambodia, which stands at USD 54.3 billion. The report highlights that loans […]
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Stung Treng Authorities Take Strong Action Against Illegal Land Occupation
In a decisive move to protect state forest land and uphold environmental laws, the Stung Treng provincial authorities have officially announced the reclamation of nearly 120 hectares of land from illegal occupation. This action follows the recent issuance of Order No. 008/25 D.K., dated February 19, 2025. The order details the reclamation of 119.24 hectares […]
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Cambodia’s Trade Volume Surges to Over USD28 Billion in 2024
In a significant boost to its economy, Cambodia has reported a trade volume exceeding USD 28 billion in 2024, marking an impressive 18% increase from the previous year. The latest import trade report from the General Department of Customs and Excise reveals a total import value of approximately USD 28.5 billion, reflecting robust growth in […]
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Cambodia and Japan Collaborate to Create War Relic Recycling Facility for Souvenirs
In a spirit of inspiration to transform war relics into symbols of hope, Cambodia has joined hands with Japan to establish a war relic recycling facility that will pioneer the crafting of unforgettable souvenirs. The initiative was launched by the Cambodian Mine Action Center (CMAC) and Japan On The Road on February 24, 2025. His […]
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Hurry, Love Is in the Air: Only Two Days Left for Borey Peng Huoth’s Exclusive Month of Love Promotion!
The countdown is on! With just two days remaining, Borey Peng Huoth invites you to take advantage of its phenomenal Month of Love promotion, designed for those looking to embrace the warmth of a new home or launch their dream business this February. In the spirit of love and opportunity, Borey Peng Huoth is rolling […]
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