Property owners registering or updating immovable property information before the end of June will be given an administrative penalty exemption
The General Department of Taxation has announced that owners of unregistered and updated immovable properties will be given exemption from administrative penalties, including surcharges and interest if they register and update their properties’ information before the end of June this year. According to a press release issued on April 25, the General Department of Taxation […]
The Gov’t Gives 1507 Hectares of Social Land Concessions in Kampot to Citizens
The Royal Government has identified two 1,507-hectare land concessions for distribution to former armed forces and the poor in Kampot province, while an inter-ministerial working group is currently speeding up the work. This is according to the meeting on “Campaign to update the work and check the actual situation at the location of social land […]
In the first 10 months of 2023, Cambodia-China trade volume reached US$10B, an increase of 4.6%
In the first 10 months of 2023, Cambodia-China bilateral trade volume was worth US$ 10 billion, an increase of 4.6% compared to 2022. This was stated by National Assembly President Samdech Khuon Sodary during a working meeting with HE ZHANG Qingli, Vice Chairman of the 13th National Committee of the Chinese Political Consultative Conference and […]
Cambodian Real Estate Sector Maintains Stability Amidst Tensions in Q1 2024
The first quarter of 2024 has seen the Cambodian real estate sector maintaining a stable trajectory, with no significant shifts in tension but also no substantial new growth. According to the latest Market Insights Q1 2024 report by CBRE Research, published on April 11, 2024, the office building sector recorded an occupancy rate of 62.2%, […]
Cambodia urges to plant 1M seedlings per year and tightens the law on forest crime to be very strict to expand …
The Ministry of Environment has vowed to immediately stop deforestation as Cambodia promotes the planting of at least 1 million trees a year to expand its forest cover by more than 60% by 2050. This was stated by HE Eang Sophalleth, Minister of Environment at the National Workshop on Investment in Climate Change Adaptation through […]
Royal Group Cambodia plans to launch high-speed train in Cambodia in June
Royal Railway Cambodia has ordered five trains from Japan, which are scheduled to launch high-speed trains from Phnom Penh-Sihanoukville and Phnom Penh-Poipet in June 2024. This is according to the publication of Apsara TV on April 22, 2024. According to the source, the train will run at a speed of between 90 and 110 km […]