Property Focus
Borey Peng Huoth’s Grand Offerings Illuminate Khmer New Year Celebrations
In the spirit of Khmer New Year festivities, Borey Peng Huoth unveils a series of exciting programs and exclusive offers, transforming the joyous occasion into a remarkable opportunity for prospective homeowners. Embracing the festive spirit, Borey Peng Huoth adorns its gates and interiors with captivating decorations, infusing the atmosphere with vibrant colours and celebratory vibes. […]
Read More2024 – Cambodia succeeds in its campaign to reduce the use of plastic because the volume of imports decreased by 75%
By the first quarter of 2024, the volume of plastic imports into Cambodia has decreased by about 75%, while this decrease shows that the implementation of the campaign to reduce the use of plastic in the past has been successful. This is according to the announcement of the Ministry of Environment on April 10, 2024. […]
Read MoreCambodia & EU Collaborate to Foster Tax Compliance & Investment Climate
The General Department of Taxation (GDT) and the European Union (EU) have initiated discussions to devise mechanisms aimed at enhancing tax compliance and fostering a culture of taxation in Cambodia, particularly focusing on promoting fair competition and strengthening fiscal integrity. This collaborative effort seeks to address the challenges faced by investors from EU countries, as […]
Read MoreEDC Urges Energy Conservation as Summer Electricity Consumption Surges by 30%
Electricite du Cambodge (EDC) issues a crucial recommendation amid a surge in summer electricity consumption, which has risen by approximately 30% since the beginning of April. The announcement comes as the country braces for increased energy demand during the dry season, characterized by hot and dry weather conditions. This vital information was disclosed in a […]
Read MoreCambodia Grapples with Nearly 2,000sq/km of Uncleared Landmines
Cambodia faces a significant challenge with approximately 1,854 square kilometres of unexploded ordnance (UXO) and landmines, posing a threat to over 1 million people residing in affected areas. Mr. Ly Thuch, First Vice President of the Cambodian Mine Authority, confirmed this alarming statistic during discussions with RFI Khmer on 4 April on the theme “Protecting […]
Read MoreChina’s Real Estate Evolution: Lessons for Asia’s Economic Balance
China’s real estate sector has undergone a profound transformation, transitioning from a state-dominated model to a market-oriented approach, mirroring broader shifts in the Asia Pacific region. A detailed analysis of the changing real estate market impact on the Asian market by Kaize Zhu, a researcher at NUS University in Singapore and published by eastasiaforum on […]
Read MoreMondulkiri Authorities Enforce 7 Measures to Combat Natural Resource Crime
Mondulkiri provincial authorities have unveiled a comprehensive plan comprising seven key measures aimed at preventing and combating natural resource crimes, particularly within the Nam Lear Wildlife Sanctuary situated in Pichreada and Oreang districts. In a press release issued on 29 March 2024, the National Committee for the Prevention and Suppression of Natural Resource Crimes in […]
Read MoreMassive Crackdown: Authorities Seize Nearly 10,000 Hectares in Pursat in Just 21 Days
In a sweeping operation targeting natural resource crime, a joint task force in Pursat province confiscated nearly 10,000 hectares of land and apprehended 30 individuals. The Ministry of Environment’s official Facebook page disclosed the findings on 1 April 2024, revealing that over the course of 21 days, from 11-31 March 2024, authorities conducted a rigorous […]
Read MoreSiem Reap Authorities Grant 3,426 Land Titles to Residents in Four Villages
Siem Reap provincial authorities have ceremoniously presented 3,426 land titles to residents residing in four villages: Roka, Kork Dong, Proma, and Khnar in Krabei Riel commune, Siem Reap city, Siem Reap province. The land titling ceremony, overseen by Mr Samkol Sochetra, Deputy Governor of Siem Reap Province, and relevant departments, took place on 3 April […]
Read MoreCambodia Generates US$16.5m Revenue in 3 Months from Angkor Ticket Sales
In the first quarter of 2024, Cambodia has amassed an impressive revenue of US$16,533,293 from the sale of Angkor tickets, attracting a total of 347,534 foreign tourists. This substantial income surge, marking a 48.47% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The […]
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