The rehabilitation project of National Road No. 31 (from Bek Kus to Kampong Trach district) has achieved almost 80%
As of April 25, 2024, the project to restore and upgrade the quality of National Road No. 31 with a length of more than 53 kilometres has reached 78.43 percent, while the state plans to complete one year before the contract, ensuring the quality of high technical standards. This was stated by HE Khan Maner, […]
Thai Gov’t Raises Threshold for Reduced Transaction Fees on Property Priced up to US$80k to US$190k
The Thai government has unveiled a series of initiatives aimed at revitalizing the country’s real estate sector. Among these measures is the approval by the Thai cabinet to increase the minimum tax rate on home and condominium transactions to 7 million baht, approximately US$190k, as reported in a government statement released on Tuesday, 9th April […]
Cambodian Government Implements Artificial Rain Initiative to Combat Heat in Public Schools
In response to the scorching temperatures posing a threat to students’ education, the Cambodian government has directed local authorities to initiate artificial rain setups in public schools. This proactive measure aims to alleviate the adverse effects of the current hot and dry weather on students’ learning environments. The police of Koh Kong and Mondul Seima […]
Cambodia Attracts Nearly US$20 Billion in Industrial Investments in Q1-2024
In a remarkable surge of industrial investment, Cambodia has secured close to US$20 billion in industry-related investments during the first quarter of 2024, marking a substantial increase of 13.55% compared to the same period in 2023. This significant milestone was announced by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, during the official […]
Within the Next Few Years, Cambodia Aims for Digitized Real Estate Registration in Just Two Hours
Thanks to the expertise of professional officials and technological advancements, in the next few years real estate registration in Cambodia, could soon be completed digitally within a mere two hours. This revolutionary move aims to streamline processes and boost efficiency in the country’s real estate sector. This groundbreaking vision was disclosed by HE Leang Monirith, […]
SHV’s Poverty Rate Drops to 1.68% Amidst Robust Economic Growth in 2023
Amidst a surge in economic prosperity, Sihanouk Province witnessed a notable decrease in its poverty rate, plummeting to 1.68% in 2023. This remarkable achievement stems from the province’s robust economic growth, which soared to 6.4% during the same period. These encouraging figures were unveiled by HE Long Dimanche, Deputy Governor of Preah Sihanouk Provincial Board […]