Property Focus
IKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]
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Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025
In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed […]
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Cambodia Designates Lva Village in Battambang Province as Key Model Village
In a significant step toward rural development, the Cambodian government has designated Lva village in Battambang province as a key model village. This initiative aims to enhance local living standards and promote sustainable development in rural areas. On 3 March 2025, His Excellency Chhay Rithsen, Minister of Rural Development, led a delegation to inspect Lva […]
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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 revolutionise the housing landscape in Phnom Penh, this new endeavour showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-metre road, Morakot […]
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Cambodian Government Extends Property Tax Exemptions for New Cities & 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%. 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 22 February revealed that the total banking […]
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2024 Sees a Surge in Cambodia’s Air Freight as Volume Jumps 40% with Nearly 80,000 Tons Transported
In 2024, Cambodia’s air transport sector made significant strides successfully transporting 77,852 tons of goods 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 5 March 2025. Air transport has emerged as a crucial strategic factor in Cambodia’s […]
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NBC Reports that Cambodia’s Home Loans with Banks Reach USD 6.78 Billion by 2024
In a recent report, the National Bank of Cambodia announced that as of 2024, the country had seen a significant surge in home loans, totalling 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 19 February 2025. The order details the reclamation of 119.24 hectares […]
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