Policy and Strategy
Cambodian Government Exempts Local Cement Industry from Special Tax for Two Years
The Royal Government of Cambodia has announced a significant measure to support the local cement industry by waiving the special tax for a period of two years. This decision, outlined in a Prakas from the Ministry of Economy and Finance dated 14 January 2025, is aimed at easing the financial burden on the industry. During […]
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Cambodia to Issue 500 Billion Riels in Securities to Balance National Budget in 2025
In a strategic move to bolster its national budget, the Cambodian government has announced plans to issue an additional 500 billion riels in state securities in 2025. This decision, revealed in a press release dated 23 December 2024, aims to enhance investment capabilities while ensuring fiscal stability. The Ministry of Economy and Finance will conduct […]
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Government Cancels Cement Projects to Protect Ecotourism in Kampot Province
In a significant move to preserve the region’s ecotourism and cultural heritage, the Cambodian government has canceled over 460 hectares of cement projects in Kampong Trach district, Kampot province. This decision affects a limestone mountain cement project previously licensed to BYRICH Construction Material Company Limited. The cancellation is outlined in letter No. 1878 from the […]
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Cambodia Adopts 36 New National Standards to Boost Investment and Local Industry
In a significant move to attract investment and enhance local industrial capabilities, Cambodia’s National Standards Council has approved 36 new national standards following a comprehensive review of 41 proposals. Minister Hem Vandy announced the decision during the Council’s 29th meeting on 26 December 2024 at the Ministry of Industry, Science, Technology, and Innovation. During the […]
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Cambodian Government Announces Exciting Initiative to Beautify National Roads
To enhance the visual appeal of cities and towns across the country, the Cambodian government is launching a ground-breaking campaign called “National Road Free of Plastic Trash” starting 1 January 2025. This initiative, spearheaded by the Ministry of Environment, aims to revitalize major national roads—including Roads 3, 4, 41, and 51—by ensuring they are free […]
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Cambodia Announces Stamp Duty Exemption for First-Time Home Buyers in 2025
In a significant move to boost the real estate market and support first-time home buyers, the Royal Government of Cambodia has announced a one-year exemption from stamp duty for properties priced at USD 210,000 or less. This initiative will be effective from 1 January 2025 to 31 December 2025, according to the government’s announcement issued […]
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Exciting New Year Discounts on Cambodian eVisas!
As we welcome 2025, the Royal Government of Cambodia is kicking off the New Year with a fantastic announcement for international travelers! Starting 1 January 2025, visitors to the Kingdom of Wonder can enjoy substantial discounts on their eVisa fees, making exploring the country’s rich culture and breathtaking landscapes easier and more affordable. In a […]
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Guangxi Positions Itself as Digital Silk Road Hub, Achieving 182% Trade Growth with ASEAN
Guangxi Zhuang Autonomous Region is stepping up efforts to solidify its position as a key hub for the Digital Silk Road, driving high-quality digital economy growth and strengthening ASEAN cooperation through the China-ASEAN Information Port. Officials announced that the region achieved an impressive 182% year-on-year trade growth with ASEAN in the first three quarters of […]
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Japanese Ship to Make Historic First Docking at Cambodia’s New Ream Port
Samdech Techo Hun Sen, President of the Senate of Cambodia, confirmed that a Japanese ship will be the first vessel to dock at the newly inaugurated Ream Port. This historic event underscores the growing cooperation between Cambodia and Japan, particularly in security and infrastructure development. The commitment was made during a meeting with HE Akiba […]
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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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