Cambodia’s New Law Paves the Way for Inland Waterway Investment
The Cambodian government has taken a significant step towards enhancing inland waterway investment with the official promulgation of the Law on Inland Water Transport. Encompassing 18 chapters and 275 articles, this legislation aims to stimulate investment and development in Cambodia’s inland waterway and port sector, offering lucrative opportunities for both domestic and international trade. Signed […]
The gov’t Introduces Five Urgent Measures to Tackle Factory Challenges Amid Hot Weather
The Ministry of Labor and Vocational Training (MLVT) has rolled out five immediate measures aimed at addressing challenges faced by factories during hot weather conditions. This announcement was made on April 9, 2024. The measures prescribed by the Ministry include: Ensuring proper ventilation by opening doors and windows or installing fans within the workplace. Increasing […]
New Government Regulations Set Property Tax Procedures and Rates
The Ministry of Economy and Finance has announced new regulations governing the management of property tax collection in Cambodia, setting a fixed rate of 10% of total real estate rental fees. This proclamation, outlined in Prakas No. 169 MEF.PrK.PD dated March 20, 2024, aims to streamline property tax procedures and ensure fair taxation across the […]
Cambodia Pioneers Digital Education with Launch of First Digital University in Kampong Speu Province
The Cambodian government has taken a significant step towards advancing digital education by issuing a sub-decree to establish the country’s inaugural digital university in Kampong Speu province. Sub-Decree No. 60, signed by Prime Minister Hun Manet on 22 March 2024, heralds the establishment of the Digital University of Cambodia (DUC), a pioneering private higher education […]
PM Issues Directive on Dormant Tourism Projects to be Revoked Licenses If Remain Inactive for 6 Months
Prime Minister Hun Manet made a significant announcement regarding the status of small-scale tourism projects in Cambodia by emphasising the necessity of reviewing and potentially revoking licenses for projects that have remained inactive for six months after obtaining approval. This directive was announced during a recent plenary session of the Council of Ministers on 15 […]
NRPC Issues Warning Against Purchasing Plots in Four Unlicensed Projects
The National Real Estate and Mortgage Regulator (NRPC) has issued a cautionary notice advising residents to exercise caution when engaging in the sale, purchase, or lease of land in four unlicensed projects located in Prey Veng and Kandal provinces. The announcement was made by the regulator on 11 March 2024. The unlicensed land development projects, […]