Local News
Cambodian Gov’t Extends Stamp Duty Exemption on Homes Up to USD 70,000 Until End of 2025
The Ministry of Economy and Finance has announced an extension of the stamp duty exemption for transferring ownership or possession of all types of borey housing valued at USD 70,000 or less, continuing this benefit until the end of 2025. This initiative aims to stimulate the real estate market by offering substantial tax relief to […]
Read More
Borey Peng Huoth Launches Unprecedented 19-Year Instalment Plan at Only 9% Interest
Celebrating 19 years of real estate excellence, Borey Peng Huoth offers an unparalleled financing opportunity with its new “19 Years Biggest Offer” program. Homebuyers can now take advantage of a 19-year direct installment plan with the company at just 9% annual interest without needing income verification. The company also provides exclusive benefits, such as attractive […]
Read More
Cambodia Earns Over USD 33m from Angkor, Koh Ker & Boat Ride Ticket Sales in 9 Months
In nine months of 2024, Cambodia generated a remarkable USD 33,284,233 from ticket sales for Angkor, Koh Ker, and boat rides, reflecting the growing influx of international tourism. Of this, USD 32,522,730 was collected from 699,850 foreign tourists purchasing tickets to visit Angkor, marking a 30.32% increase compared to the same period last year, according […]
Read More
Urgent Warning: Surge in Fake Telegram Groups Targeting Investors & General People
A concerning trend has emerged in Cambodia, with a notable increase in fraudulent Telegram groups masquerading as legitimate entities, aimed at deceiving individuals into investing in non-existent schemes. These counterfeit groups are exploiting the names and logos of reputable companies and institutions, such as Royal Group, Borey Peng Huoth, National Bank, and Canadia Bank, to […]
Read More
Cambodia & Japan Enhance Trade Ties to Boost Cambodia’s Cashew Export Potential
To bolster Cambodia’s agricultural export potential, particularly in the cashew sector, the Ministry of Commerce of Cambodia and the Japan External Trade Organization (JETRO) in Osaka have reaffirmed their commitment to collaboration. High-level discussions took place on 18 September 2024 at JETRO headquarters in Osaka, Japan, highlighting strategic cooperation to strengthen Cambodia’s exports of key […]
Read More
Siem Reap Becomes Cambodia’s 10th Open Defecation-Free Province, Leading the Way for a Cleaner Future
Siem Reap has officially become Cambodia’s 10th province to achieve open defecation-free (ODF) status, a milestone announced on 26 September 2024. This accomplishment is part of a national effort to eradicate open defecation across the country, following in the footsteps of Svay Rieng, Prey Veng, Kandal, Kampong Speu, Kampong Chhnang, Kep, Sihanoukville, Kampong Cham, and […]
Read More
Cambodia Secures MoU on Direct Export Deal with China for Cashews, Cassava, & Bird Nests
Cambodia has signed a Memorandum of Understanding (MoU) with China to streamline the direct export of cashew nuts, cassava, and earwax nests, bypassing intermediary countries and expediting market access. The Ministry of Information announced the agreement on 27 September 2024. The MoU was signed between three Cambodian associations – the Cambodian Cashew Association, the Cambodian […]
Read More
Floods Ravage Over 10,000 Hectares of Rice Fields Across Cambodia in Just 10 Days
In the ten days from 18 September to 27 September 2024, severe flooding has devastated over 10,000 hectares of rice fields across seven provinces in Cambodia. The floods wreaked havoc in Kratie, Stung Treng, Mondulkiri, Tbong Khmum, Kampong Cham, Kampong Thom, and Siem Reap, impacting the livelihoods of thousands. This information was confirmed by Lok […]
Read More
Cambodia Partners with Switzerland to Integrate Blockchain Technology in Smart City Project
Cambodia’s Ministry of Industry, Science, Technology and Innovation has joined forces with the Swiss-based DFINITY Foundation to advance the use of Blockchain and artificial intelligence (AI) in the nation’s smart city projects. This partnership, formalized through a letter of intent signed at Singapore Blockchain Technology Week on 19 September 2024, aims to revolutionize Cambodia’s technology […]
Read More
Cambodia Achieves First Airborne Export of Cashew Nuts to China’s Henan Market
In a milestone for Cambodia’s agricultural sector, the country successfully exported 2 tons of premium cashew nuts by air to Henan province, China, marking its first-ever cashew shipment to this key Chinese market. The initial consignment, exported on 22 September 2024, resulted from intensive cooperation between Cambodian and Chinese officials following meetings in July and […]
Read More