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ខ្មែរ Local News
Telecoms Ministry Issues Four New Guidelines for Borey & High-Rise Project Owners
- 6 April 2021
The Ministry of Posts and Telecommunications has issued four new guidelines for borey and high-rise project owners to follow, to strengthen the quality of telecommunication services in Cambodia. According to the recent announcement by the ministry, the four new orders include: 1) Borey or high-rise building owners must not enter into an exclusive contract with any telecommunication service c...
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Colliers: Asia Pacific Hospitality Sector Expected to Hit 2019 baseline by 2023, Cambodia to Lead in Casino Segment
- 3 April 2021
The Asia-Pacific hospitality sector is projected to recover steadily from the last quarter of 2021 onward, and to hit the 2019 baseline by 2023, according to a recent report by an investment management company Colliers International. The report, entitled Colliers Hotel Insights Q1 2021, also predicted that Cambodia and Macau will lead the way in the casino segment, with Singapore, the Philippin...
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WorldBridge Sport Village Project Launched, Set for Completion in 2023
- 2 April 2021
Sales for a large-scale commercial building and residential project “WorldBridge Sport Village” have officially been opened, while construction is set for completion by 2023 when Cambodia hosts the SEA games. The project is spread over 6 hectares next to Morodok Techo Stadium north of Phnom Penh, or in the so-called Samdech Techo Hun Sen Dragon City. Invested in by a subsidiary of the WorldB...
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Property Title QR Code Scanning Service Back Online After Temporary Suspension
- 1 April 2021
The Ministry of Land Management, Urban Planning and Construction announced yesterday that the property title QR code scanning system is back online after a temporary suspension for two weeks. According to the ministry announcement, the technical team has already re-programmed the system. Thus, the service will be easier and smoother than before. (Read more) The QR code scan application was l...
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Gov’t Mulls Allocating 1,000 hectares for Poor Families in Battambang Province
- 30 March 2021
The Battambang Provincial Administration has been preparing over 1,000 hectares of land to give to poor citizens and those living in the Phnom Samkos Wildlife Sanctuary and Samlot multi-purpose area, according to the National Radio of Cambodia on 29 March. Director of the Battambang Provincial Department of Environment Mr Kot Boran said that the working group is assessing and studying the land ...
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Three Communes Extracted from Kampot Province to Form New Bokor City
- 30 March 2021
The government has decided to take three communes from Tuek Chhou district in Kampot province to form a new Bokor City’ according to a sub-decree issued on 16 March. The three communes include Boeng Tuk, Koh Toch, and Prek Tnout communes, which will be converted into Sangkats. Meanwhile, according to the sub-decree, the administration of the city will be formed later based on the Law on Comm...
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Real Estate Market Lessons from a Year of Pandemic & Future Trend Projections
- 29 March 2021
The COVID-19 pandemic put quite severe pressure on the real estate market in Cambodia in 2020 with a moderate drop in the number of transactions. Due to the recent surge in the community outbreak, the pressure on the market in 2021 remains high or even higher. According to expert observations in recent months, the number of buying and selling transactions has declined significantly. Given these...
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More Land Encroachment Found in Mondulkiri, Governor Warns of Severe Legal Action
- 29 March 2021
The Mondulkiri Provincial Administration has discovered more land encroachment activities along the Cambodia-Vietnam border and warned it will crack down on those encroachers without exception. Mondulkiri Governor Svay Sam Eang said during the borderline inspection on 27 March that the officials have found some people encroaching on state land in Phnom Nam Lyr Wildlife Sanctuary. “We have be...
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CDC Approves Five Investment Projects Worth Over US$1.3 billion
- 26 March 2021
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building five factories, worth a total budget of approximately US$1.3 billion in Phnom Penh, Preah Sihanouk and Svay Rieng provinces. The first investment permit has been granted to Island Laboratoire Co., Ltd to invest US$6.3 million in building a pharmaceutical factory in Sangkat Bak Kheng, Kh...
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Gov’t Urges Building owners to Not Terminate Tenant Contracts for Late Payment
- 26 March 2021
The Cambodian government has called on all building owners to not terminate contracts or evict tenants in case they are unable to pay their rent during the COVID-19 crisis. According to the official statement released on 25 March, the request also refers to the landlords of business buildings and factories. Both landlords and tenants shall negotiate to delay payment and, if possible, shall a...
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