Local News
The government recommends 4 points to promote the implementation of the tourism development plan in Siem Reap
His Excellency Thong Khon, Senior Minister in charge of Special Mission and Chairman of the Siem Reap-Angkor Tourism Management and Development Commission (CCDC), made four recommendations to promote the effective implementation of the Siem Reap Tourism Development Master Plan. Recommendations of the Royal Government. This was stated by His Excellency in the first meeting of […]
Read More
Don’t miss out on the last opportunity to benefit from the Sangkran New Year promotion by Borey Peng Huoth
Don’t miss out on the last opportunity to benefit from the Sangkran New Year promotion by Borey Peng Huoth, with the project “Angkor Nam Samnang” almost finished! In early April, Borey Peng Huoth announced a great Khmer New Year celebration promotion for all home purchase projects, but only a few days are left until the […]
Read More
Penalty-Free Property Registration Deadline Announced
The General Department of Taxation has declared a grace period for owners of unregistered or outdated immovable properties, offering an exemption from administrative penalties, including surcharges and interest, provided they complete their registration or update their property information by the end of June 2024. This directive, issued in a press release on 25 April 2024, […]
Read More
Land of Opportunity: Cambodia’s Strategic Initiative to Distribute 1,507 Hectares to Veterans and the Needy
In a landmark move, the Cambodian has earmarked two expansive land concessions totaling 1,507 hectares in Kampot province for distribution among former armed forces personnel and impoverished families, as part of a concerted effort to address social inequality. This initiative was unveiled during a pivotal meeting on the “Campaign to update the work and check […]
Read More
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%, […]
Read More
Cambodia Launches 1 Million Trees Plant Initiative While Enforcing Forest Protection Laws
Cambodia has embarked on an ambitious reforestation drive, aiming to plant at least 1 million trees annually to significantly expand its forest cover by more than 60% by 2050, announced HE Eang Sophalleth, Minister of Environment, at the National Workshop on Investment in Climate Change Adaptation through Agro-Ecological Landscape Restoration on 22 April 2024. The […]
Read More
A Closer Look at Siem Reap’s Eight Protected Areas Covering Over About 280k hectares
In an ambitious move towards environmental conservation, Siem Reap province has officially declared eight natural reserves, spanning approximately 280,000 hectares, under stringent state protection. This significant development, disclosed by the Ministry of Information on 18 April 2024, underscores Cambodia’s dedication to preserving its natural heritage. These sanctuaries, meticulously managed and safeguarded against private encroachments, serve […]
Read More
Authorities Reject Free Land Giveaway Announced by Individual in Kampong Speu Due to…
The Oral District Administration in Kampong Speu province has officially refuted claims made by Mr. Chuon Kunthea regarding the distribution of land to individuals, citing that the designated land falls within the confines of the Oral Mountains Wildlife Sanctuary. This announcement was made on April 21, 2024, following Mr. Kunthea’s assertions of distributing land, as […]
Read More
Cambodia’s Furniture Market Set to Surge from $100 Million to Over $1 Billion by 2033
The Cambodian furniture market, though relatively small, is primed for substantial expansion in the coming years, with exports projected to soar to $1.484 billion by 2033, as outlined in “The Cambodia Furniture Industry Research Report 2024-2033” published by finance.yahoo on April 17, 2024. Despite a slight downturn in 2023, Cambodia’s furniture manufacturing sector has exhibited […]
Read More
Unveiling the Allure of Borey Peng Huoth’s Star Mega Garden: A Prime Choice for Homebuyers
Borey Peng Huoth, renowned for its exceptional residential and commercial developments across Phnom Penh, presents The Star Mega Garden, a project brimming with promise and unparalleled potential. Here are five compelling reasons why investing in The Star Mega Garden is a prudent choice: Prime Location Offering Connectivity and Convenience: Nestled along the burgeoning Second Ring […]
Read More