ADB to help Cambodia establish a commercial court

The Ministry of Justice and the Asian Development Bank (ADB) have signed a Memorandum of Understanding (MoU) on supporting the capacity building of law enforcement officers and the operation of the Cambodia Commercial Court. At the signing ceremony on 17 February, Minister of Justice Koeut Rith emphasized that the organization of commercial aims to enhance […]

Read More

Banteay Meanchey Authority Reorganises 1500ha Pongro Conservation Zone

The Banteay Meanchey Provincial Authority and relevant officers are working on the protection to reorganise the Pongro conservation zone which covers an area of 1,576 hectares, according to an official meeting on 7 February.  Located in Sangkat Kampong Svay, Serey Sophorn city, the Pongro Conservation Project aims to preserve the forest for the next generation […]

Read More

Kampong Cham Authority Registers Over 710,000 Land Titles

As of 2022, Kampong Cham provincial authorities have achieved systematic land registration of 713,500 plots, equivalent to 77% of the total targeted plan, according to Governor HE Un Chanda on 3 February.  There are a total 924,421 plots of the land needed to be registered in the province or equivalent to 274,307 families.  In principle, the […]

Read More

Gov’t Hands Over Residential Titles With Tax Exemption To Over 1,200 families From Borei Keila

The government has handed over ownership titles for more than 1,200 families living in the Borey Keila complex, along with tax exemptions.  Phnom Penh Governor HE Khuong Sreng said on 3 February that the decision was made by Prime Minister Samdech Hun Sen with the aim to reorganise the city and give proper residences to […]

Read More

Gov’t urges real estate businesses to submit report on time

The Real Estate and Pawnshop Business Regulator (REPBR) has recently reminded all real estate developers, real estate service providers and pawning businesses to submit regular and accurate reports; otherwise will face fines. These businesses must report directly to REBPR located at the UN building. No. 168F (7th floor), Street 598, Sangkat Chrang Chamnan 1, Khan […]

Read More

Inter-Ministerial Committee to Attract New Investors to Redevelop Unfinished Buildings in SHV

The Inter-Ministerial Committee has set out a policy framework to resolve the more than 1,000 unfinished buildings in Sihanoukville by attracting new investors to complete the development of those buildings, through tax incentives and out-of-court dispute resolution.  The committee approved the draft at a meeting held on 19 January 2022, according to HE Chea Kok […]

Read More

Gov’t Reclassifies 300ha of Tonle Sap Area Land for Aquaculture & Tourism Development

The Cambodian government has reclassified 300 hectares of land from the second and third zones of the Tonle Sap Area to develop into aquaculture and tourism projects.  The 300 hectares of land will be under the administration of the Kampong Chhnang Provincial Administration and the Ministry of Agriculture, Forestry and Fisheries, according to a press […]

Read More

Gov’t Issues New Prakas to Further Monitor Real Estate Service Business

The Non-Banking Financial Services Authority has issued a new Prakas to strengthen the management and control of the real estate services business in Cambodia.  According to the new Prakas No. 064 dated 27 December 2022, real estate services refer to real estate management services, appraisal services, and real estate agency services.  All real estate service […]

Read More

Incentives of new investment law

New investment law has been publicly promulgated since October 2021, which is universal to increase revenue collection by embracing long-term business and attracting new investment. (Read more) Particularly, this new law has provided many favourable conditions on tax and customs for qualified investment projects (IQP). (Read more) Besides, it also has many special guarantees for […]

Read More

Gov’t Establishes 29 New Villages in Kratie Province

The Ministry of Interior has established 29 new villages in Kratie province’s Snuol district to facilitate local management and development.  According to Prakas No. 6946, these new villages are taken from existing villages of some communes of Snuol district, including:  – Dangrek village and Trapeang Chhouk village in Khum commune  – Samaki village, Rovieng Chey […]

Read More