Local News
Cambodia Unveils Four Key Measures & New App to Safeguard Over 7m Hectares of Natural Areas
Cambodia’s Ministry of Environment is set to revolutionise natural resource management with the development of a smartphone application and the implementation of four pivotal measures aimed at enhancing the protection of the country’s 73 protected areas, covering approximately 7.46 million hectares—equivalent to 40% of Cambodia’s total land area. This announcement was made by HE Eang […]
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Cambodia’s Wetlands, Covering 30% of the Country, Crucial for Migratory Birds
Cambodia boasts approximately 30% of its total area as wetlands, providing crucial habitats for migratory birds. This announcement was made by HE Khvay Atiya, spokesperson for the Ministry of Environment, on Migratory Bird Day 2024, celebrated globally in the second week of May. HE Khvay Atiya highlighted the essential role of insects as the primary […]
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Cambodia’s Trade Surges: Exports & Trade Volume Reach Record Highs
Cambodia has witnessed a remarkable surge in its trade volume and exports during the first four months of 2024, with trade volume exceeding US$16 billion, marking an impressive growth of nearly 12%. This growth trend was paralleled by a corresponding rise in exports, also reaching nearly 12%. The Minister of Commerce, Lok Chumteav Chamnimol, unveiled […]
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Kratie Authority Halts Illegal Land Sales & Confiscates Forest Encroachments
The Kratie Provincial Administration has taken decisive action to revoke all transactions involving forest land within protected areas, as announced on 6 May 2024. In response to persistent encroachments observed over the years, including unauthorised cultivation, construction, and fencing, the provincial authorities have moved swiftly to address the issue. Despite repeated preventative measures since 2019, […]
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Koh Kong Province Nears Milestone in Land Registration with 60,000 Plots Measured
According to Lok Chumteav Mithona Phu Thong, Governor of Koh Kong Province, nearly 60,000 plots of land have been meticulously measured in Koh Kong province as of April 2024, marking a significant step towards the province’s goal of completing systematic land registration by 2025. This ambitious initiative was highlighted during a meeting on 7 May […]
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Cambodia Launches US$3.4m National Single Window System to Propel Economic Growth
In a strategic move to enhance trade efficiency and stimulate national economic growth, the Cambodian government has officially launched the National Single Window system, an investment exceeding US$3.4 million. Announced by Prime Minister Hun Manet on 7 May 2024, the innovative platform is designed to streamline the export and import processes, marking a significant leap […]
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Borey Peng Huoth Offers Instant Move-In Homes with Exclusive Benefits
Borey Peng Huoth presents an unbeatable opportunity for homebuyers seeking immediate occupancy without the wait. This month, purchasers can acquire any prefabricated house type and move in within just one week, accompanied by enticing incentives: ➤ Secure your new home with only a 5% down payment and move in within 1 week. ➤ Receive additional […]
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Angkor Ticket Sales Propel Cambodia’s Tourism Revenue to New Heights With US$19.9m Revenue in 4 Months
Ticket sales for Angkor Wat have generated an impressive revenue of US$19,917,533 in the first four months of 2024. This substantial income surge, marking a 41.95% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The report, released by the Angkor Institute on 1 […]
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SHV’s Poverty Rate Drops to 1.68% Amidst Robust Economic Growth in 2023
Amidst a surge in economic prosperity, Sihanouk Province witnessed a notable decrease in its poverty rate, plummeting to 1.68% in 2023. This remarkable achievement stems from the province’s robust economic growth, which soared to 6.4% during the same period. These encouraging figures were unveiled by HE Long Dimanche, Deputy Governor of Preah Sihanouk Provincial Board […]
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Cambodia Sets Stage for Electric Vehicle Revolution with New Draft EV Policy 2024-2030
In a groundbreaking move poised to reshape Cambodia’s economic and social landscape, the Ministry of Economy and Finance (MEF) unveiled a comprehensive draft policy on the development of the electric vehicle (EV) sector for the period 2024-2030. Announced in a press release dated 24 April 2024, this initiative marks a significant step towards integrating technology […]
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