English 
ខ្មែរ Local News
Cambodia’s Land Protection Initiative: Expanding Natural Resource Preserves Over 1m Hectares
- 9 August 2023
In a resolute move to safeguard the environment and uphold biodiversity, the Cambodian government has embarked on an ambitious endeavor by extending its protected natural resource areas by an astounding 1,347,995 ha; from 2,387,739 ha to 3,735,734 ha. This expansion, encompassing 19 pivotal locations across the nation, reaffirms Cambodia's commitment to nurturing ecosystems and preserving its natu...
Read More
Chinese Company to Establish Intelligent Agricultural Zone on 20,000 ha in Cambodia
- 8 August 2023
A visionary stride towards modernizing Cambodian agriculture has emerged as Chinese agricultural powerhouse Danong reveals plans to cultivate an innovative, intelligent agricultural zone sprawling across an expansive 20,000 hectares. This groundbreaking initiative comes to light following a momentous dialogue between HE Duong Dara and Mr. Zhao Shujie, President of Danong Company. The ambitious ...
Read More
Peng Huoth Group Grants US$110k in Scholarships to 50 CCF Students
- 7 August 2023
Demonstrating their steadfast dedication to education and community advancement, Peng Huoth Group has marked a significant milestone by providing more than US$110,000 in scholarships to the Cambodian Children's Fund (CCF). As of August 2023, this initiative has benefited 50 deserving students, underscoring the company's role as a catalyst for positive change. A notable event transpired on 4 Aug...
Read More
Shifts in Cambodia’s Property Landscape: Condos Take Lead as Housing Market Adjusts in H1 2023, NBC
- 7 August 2023
The real estate dynamics in Cambodia are undergoing a significant transformation, with the first half of 2023 revealing intriguing trends. According to the inaugural semi-annual report released by the National Bank of Cambodia earlier this week, while sales of flat houses, single villas, and twin villas experienced a decline of 64.7%, the condominium market has surged with a positive 12.9% increas...
Read More
Gov’t Announces Over 125 ha in Prey Veng as Natural Heritage Gem
- 7 August 2023
In a remarkable move to safeguard the nation's cultural and natural treasures, the Government of Cambodia has officially designated a sprawling expanse of 125,275.75 hectares in Prey Veng province as the illustrious "Nokor Phnom Chheu Kach Ba Phnom" natural heritage site. This proclamation, detailed in Sub-Decree No. 224 issued on 3 August 2023, underscores the government's commitment to conservin...
Read More
NPA Germany Grants US$2.1m to Clear 1,600 ha of Landmines in Three Cambodian Provinces
- 5 August 2023
Norwegian People's Aid (NPA) Germany has bestowed a transformative grant of US$2.1 million upon the Cambodian Mine Action Centre (CMAC). This significant grant, officially announced by CMAC on 3 August 2023, stands poised to pave the way for a groundbreaking demining initiative spanning three provinces and covering a vast expanse of 1,600 hectares. The impetus behind this exceptional partnershi...
Read More
Mortgage Loans Surpass US$6.6 Billion Milestone by June 2023
- 3 August 2023
Cambodia's real estate landscape is experiencing an impressive resurgence as mortgage loans from banks surged beyond the US$6.6 billion mark by June 2023, marking a substantial growth of 17.5% when compared to the corresponding period in the previous year. A recent report released by the National Bank of Cambodia on Monday 31 July unveiled the robust performance of the mortgage market, with mor...
Read More
Gov’t Expands Two Large Wildlife Sanctuaries to Protect Wildlife & Natural Resources
- 2 August 2023
The Cambodian Government has taken resolute action to rejuvenate and enhance the conservation efforts of two crucial wildlife sanctuaries. The expansion of Phnom Oral Wildlife Sanctuary and Prey Lang Wildlife Sanctuary, as sanctioned by Sub-Decree No. 181 ANKR.BK and No. 194 ANKR.BK on 17 July 2023, underscores the nation's commitment to protecting its wildlife and invaluable natural resources. ...
Read More
CamDX Registers Construction Companies with Investment Capital of US$1bn & Real Estate Firms with US$921m
- 2 August 2023
The innovative Online Business Registration Platform, CamDX, has emerged as a catalyst for economic growth, registering an impressive influx of investments within Cambodia's construction and real estate domains. As of July 2023, the platform has facilitated the registration of construction companies boasting a combined investment capital of US$1.07 billion, while concurrently ushering in real esta...
Read More
Expert: Real Estate Market Declines in 2023 Present Unique Opportunity for Buyers
- 1 August 2023
In a year where the real estate market witnessed a concerning decrease, buyers in Cambodia find themselves in a uniquely advantageous position, as properties are being offered at prices below market value, presenting an exceptional opportunity for those looking to invest in the property market. According to Ms Thida Ann, Managing Director of PropNexkh, the current real estate market heavily fav...
Read More