Local News
Vireak Buntham Launches High-Speed Passenger Ship Connecting Kampot & Koh Tral
Vireak Buntham Company has officially launched a high-speed passenger ship service connecting Kampot International Tourist Port to Koh Tral (Phu Quoc Island), Vietnam. The direct journey, which takes just 40 minutes, marks a significant advancement in cross-border connectivity and was announced on the company’s official Facebook page on 25 December 2024. The launch follows the […]
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Cambodian Banks Cut Interest Rates to 8% to Revive Real Estate Sector
To boost Cambodia’s struggling real estate sector, leading banking and financial institutions have announced a significant reduction in interest rates for real estate loans, cutting rates to 8% annually. This decision, aimed at reducing financial burdens on homebuyers and revitalizing the housing market, follows a Construction and Real Estate Working Group “D” meeting chaired by […]
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Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating
Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]
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Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
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Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses
In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support while enhancing awareness of their contributions to the national and family economy. The […]
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Kampong Cham Reaches 99% Completion in Landmark Land Registration Efforts
Kampong Cham province has achieved a monumental milestone in land registration, completing over 99% of the targeted work encompassing more than 90,000 land parcels. This progress was celebrated during a recent site inspection ahead of a ceremonial event on 9 December 2024, where residents will finally receive their long-awaited land titles, marking a transformative moment […]
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Borey Peng Huoth Launches The Star Platinum Eco Poli 2 with Modern Homes and Exclusive Offers
Borey Peng Huoth, a leader in Cambodia’s real estate market, has officially launched its latest development, The Star Platinum Eco Poli 2, on 13 December 2024, following a successful trial sale from 22 to 24 November. The project, spanning nearly 40 hectares in the Chbar Ampov district, will feature approximately 500 contemporary homes. It is […]
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Cambodia’s Professional Organisations Surge to 6,491 Amid Growing Civic Engagement
The Ministry of Labour and Vocational Training has reported a sharp rise in professional organizations across Cambodia, with a total of 6,491 registered as of November 2024. This milestone was highlighted by HE Heng Sour, Minister of Labour and Vocational Training, during the 76th anniversary celebration of International Human Rights Day on 08 December 2024. […]
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Borey Peng Huoth Launches Eco Poly 2 Project with Exclusive Promotions & Profitable Investment Opportunities
Borey Peng Huoth, a leading company in Cambodia’s residential development, has officially unveiled its latest project, Eco Poly 2, showcasing an exceptional opportunity for aspiring homeowners and property investors. The grand opening event, featuring exclusive promotional offers and access to magnificent model homes, took place from 13 to 15 December 2024 at the Villa King […]
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Kampot Province Celebrates Major Land Registration Achievement of Over 260,000 Plots
In a significant milestone for land ownership security, Kampot provincial authorities have successfully registered 268,272 plots of land and issued 110,611 land certificates to residents over the past three years. This initiative reflects the government’s dedication to enhancing property rights and fostering sustainable development within the province. At a recent ceremony in Antong Bek and Bornai villages, Mr Preap […]
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