Local News
Why Would a 10-Year Golden Visa for Investors Not Popular?
Since its launch last year, Cambodia’s 10-year golden visa, designed to entice foreign investors, has struggled to gain traction. Industry experts attribute this lukewarm response to the existence of easier and more cost-effective visa alternatives available to investors. Introduced on July 22, 2022, the long-term visa program is was created with the aim of attracting […]
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Urbanland Celebrates 10 Years of Success
Urbanland, the home-grown development company known for its innovative and inspiring spaces, is celebrating its 10th anniversary this year. Since its inception in 2013, the company has successfully delivered a variety of award-winning projects, including Embassy Residences, Embassy Central, Raintree, Treeline Hotel, KMH Park, and K Mall. Though its iconic projects have become landmarks in […]
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TRCS Co-Financing Supports 346 Tourism Businesses with $53.46 Million
A total of 346 tourism businesses have received $53.46 million in financing as part of the Tourism Restoration and Growth Sector (TRCS) co-financing project, as of 30th April 2023, according to the Small and Medium Enterprise Bank of Cambodia (SME Bank of Cambodia) on 5th May 2023, The funding disbursed accounts for US$ 53.46 million, […]
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Cambodia Extends Support to Timor-Leste’s Agricultural Sector through Land Inspection by Expert Team
In a significant demonstration of solidarity and cooperation, the Cambodian government has pledged its support to Timor-Leste’s agricultural sector by dispatching a team of agricultural experts to assess the land conditions. The decision was announced during a meeting between Prime Minister Hun Sen and HE Kairala Sananagos Mao, former President of Timor-Leste and the current […]
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Gov’t Approves Comprehensive Environmental and Natural Resources Law to Propel Green Development
In a significant move towards sustainable development, the Cambodian Government has granted approval to the draft law of Environment and Natural Resources. The draft, consisting of 12 chapters and 865 articles, received the endorsement of the Council of Ministers during its plenary session on 28 April 2023. This comprehensive legislation aims to consolidate and streamline […]
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Gov’t Allocates 649 Hectares of Land in Toek Poss District to Private Firm for Development
In a significant move, the Cambodian Government has approved the allocation of 649 hectares of land in Teuk Phos District to private firm One Fraternity Co., as stated in Sub-Decree No. 154, translated on 26 July 2022. This sizable parcel of land within the Oral Wildlife Sanctuary encompasses Kdol Sen Chey Commune and Chiep Commune […]
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5 years, Svay Rieng Provincial Authority registered 115 villages and issued over 130k plots of land
The Svay Rieng provincial authorities have achieved a remarkable feat in the last five years, systematically registering land in 115 villages, 22 communes, and Sangkat in 8 districts. HE Men Vibol, Governor of Svay Rieng Province, made this announcement during the press conference on “Success in the past 5 years” of Svay Rieng Provincial Administration […]
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ISI STEEL LAUNCHES ISI PALM WITH INOK TECHNOLOGY
In an intimate and selective press conference on Friday, April 28th, 2022, ISI STEEL unveiled ISI PALM® with INOK ™ Technology developed by Bluescope, an Australian flat product steel producer with a subsidiary in Vietnam. This collaboration marks the beginning of a momentous cooperation and is a cause for extensive celebration of Cambodian excellence as […]
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GOV’t Repeals New Sub-Decree to Protect Endangered Dolphins
The Cambodian government has repealed a new sub-decree aimed at protecting dolphins in Kratie and Stung Treng provinces, following a series of dolphin deaths that occurred during its implementation from February to April 2023. Instead, the old sub-decree from 2012 will be reinstated, according to Sub-Decree No. 87 issued on 27 April 2023. The decision […]
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
Chinese investors are looking to invest $400 million in Cambodia’s agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen’s personal assistant and Secretary of State of the Council of Ministers, […]
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