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ខ្មែរ Local News
Cambodia Securities Exchange Sees Growing Investor Interest: 20 Companies Invest $330 Million
- 29 June 2023
The Cambodia Securities Exchange (CSX) continues to gain momentum as the number of listed companies on the IPO reaches an impressive milestone of 20, with a cumulative capital investment of US$330 million. HE Hong So Hour, the Government delegate overseeing the Cambodia Securities Exchange Company, made this announcement during the official registration ceremony of Meng Ly J Company's Kouch Educat...
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LG Unveils Intelligent Cooling Solution: VRF Multi V i Air Conditioning System with Advanced AI for Cambodia, Thailand, and Laos
- 26 June 2023
LG Electronics, a renowned leader in technological innovation, has introduced its cutting-edge VRF Multi V i air conditioning system integrated with advanced AI technology, specifically designed for the Cambodian, Thai, and Lao markets. The grand unveiling took place on 23 June 2023 in Bangkok, marking a significant advancement in the field of cooling solutions. Distributed exclusively by GGEAR...
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Government Leases Extensive Land in Kep for Private Development Initiatives
- 26 June 2023
In a landmark decision, the Cambodian government has allocated approximately 30 hectares of land within the scenic Kep National Park to One More, Ltd., paving the way for the development of a captivating tourist destination. This noteworthy development was confirmed through a sub-decree issued on 25 November 2022, highlighting the government's commitment to fostering sustainable growth and attract...
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Gov’t Announces Property Tax Deadline: September 30, 2023
- 24 June 2023
The General Department of Taxation has issued a reminder to all property owners, emphasizing the importance of fulfilling their property tax and land tax obligations by September 30, 2023. The announcement, dated June 22, 2023, serves as a prompt for property owners who have yet to meet their tax declaration requirements. Recognizing the need to ensure a smooth and efficient tax collection proc...
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Cambodia’s Tourism Industry Achieves Record-Breaking Revenue of over US$2 Billion in 2022
- 24 June 2023
Cambodia's tourism sector experienced an exceptional year in 2022, with revenue surpassing the US$2 billion mark. The Ministry of Tourism recently unveiled its official report during the Tourism Review Conference on June 21, 2023, showcasing the industry's remarkable growth and economic impact. According to the report, Cambodia welcomed approximately 2.28 million international tourists in 2022,...
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Public Alert: Exercise Caution as NRPC Exposes Unlicensed Housing Projects in Phnom Penh
- 22 June 2023
In an effort to protect the public and maintain the integrity of the real estate market, the National Real Estate and Mortgage Regulator (NRPC) has issued a crucial warning regarding four housing development projects in Phnom Penh that lack the necessary licenses. This announcement, dated 15th June 2023, serves as a stern reminder for individuals to exercise utmost caution when considering propert...
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7-Eleven Sets Ambitious Plan to Expand with 40 New Branches in Cambodia by the End of 2023
- 21 June 2023
Leading convenience store chain, 7-Eleven, operated by CP All, has unveiled an ambitious plan to open 40 new branches in Cambodia by the close of 2023, aiming to reach a milestone of 100 branches in the country. As reported by Thailand's The Nation on 17th June, this expansion demonstrates 7-Eleven's commitment to cater to Cambodia's thriving consumer market and tap into the country's impressiv...
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Lucky Express Unveils Grand Opening of Fourth Branch in Borey Peng Huoth (St. 60m)
- 20 June 2023
Lucky Express Super Market continues its expansion with the highly anticipated grand opening of its fourth branch in the prestigious Borey Peng Huoth, The Star Diamond Project, strategically located along Samdech Techo Hun Sen Blvd. (St. 60m). On 20th May 2023, DFI Lucky Private Limited celebrated the official inauguration of Lucky Express Market, offering exclusive discounts on a wide array of...
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Boundaries Defined: Arey Ksat to Remain non-annexed to Phnom Penh City
- 20 June 2023
PM Hun Sen has affirmed that Arey Ksat City in Kandal province will retain its autonomy and will not be incorporated into the administration of Phnom Penh. During the momentous inauguration ceremony of the Bak Kheng Water Treatment Plant, held in Bak Kheng Sangkat, Chroy Changva District, Phnom Penh, on the morning of June 19, 2023, the Prime Minister reiterated this significant decision. Th...
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Cambodia Seeks Japan’s Support to Revitalize ANA Flights and Boost Tourism
- 16 June 2023
In a bid to rejuvenate the tourism sector, the Minister of Tourism in Cambodia has reached out to the former Japanese Ambassador, urging assistance in reconnecting ANA flights and bolstering tourism to the country. The request was made during a meeting between His Excellency Minister Thong Khon and His Excellency Yuji Kumamaru on June 13, 2023, where discussions centered around the significant ...
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