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ខ្មែរ Local News
GOV’t Grants Property Tax Exemption for Four New Cities Until the End of 2023
- 6 June 2023
In a significant move that aims to foster growth and development in Cambodia's newly established cities, the Ministry of Economy and Finance has announced a property tax exemption until the end of 2023. Prakas No. 329 MEF, dated June 1, 2023, outlines this beneficial measure. The property located in Udong Mechey town of Kampong Speu province, Arey Ksat and Sampov Poun town of Kandal province, a...
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Angkor Wat Ticket Sales Soar, Generating Over $16M in the First Five Months of 2023
- 6 June 2023
The historical and cultural marvel of Angkor Wat continues to captivate visitors from around the globe, as Cambodia reports a remarkable surge in ticket sales, exceeding $16 million in revenue during the first five months of 2023. According to the latest report released by the Angkor Institute on June 1, 2023, this staggering figure represents a remarkable 767.42 percent increase compared to th...
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Urbanland officially unveiled Borey Chankiri 2 at the South Side of Phnom Penh
- 3 June 2023
Urbanland, a home-grown real estate developer, officially announced its soft launch of Borey Chankiri 2 on 03 June 2023. Located in the Southern part of Phnom Penh, this latest project is conveniently situated just 500m from National Road 2 alongside of Steung Prek Thnaot. [ Borey Chankiri 2 soft launch event] Borey Chankiri 2 is the newest residential and shophouse development developed...
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9k Cambodian Tourist Influx Signals Promising Summer for Phu Quoc Island
- 3 June 2023
In a testament to the growing allure of Phu Quoc Island, located off Kien Giang Province in southern Vietnam, approximately 9,000 Cambodian tourists have flocked to its shores within the first five months of this year. This surge in Cambodian visitors highlights the potential of the Cambodian market for the island's tourism industry, as reported by the Vietnamese newspaper Tuoitrenews on May 31...
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Cambodia Securities Exchange Flourishes with Nine Companies Accumulating US$1.8 Billion in Capital
- 2 June 2023
As of the conclusion of the first quarter of 2023, the Cambodia Securities Exchange (CSX) proudly showcases a robust lineup of nine companies, collectively boasting an impressive capitalization of 7.61 trillion riels (equivalent to US$1.88 billion). These figures are derived from the recently published securities trading data bulletin for the first quarter of 2023, highlighting the remarkable grow...
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Trust Regulator and HDAC Collaborate to Drive Trust Sector Advancement in Cambodia
- 29 May 2023
In a momentous event, the Trust Regulator and the Housing Development Association of Cambodia (HDAC) joined forces in a signing ceremony to mark the establishment of a Memorandum of Understanding (MoU). This strategic partnership aims to raise public awareness and foster active participation in Cambodia's burgeoning Trust Sector, as revealed during the ceremony on 26th May 2023. Under this coll...
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Urbanland Celebrates a Major Milestone -Kicking off Handover Borey Chankiri homes
- 29 May 2023
Urbanland, a home-grown award-winning real estate developer, is pleased to announce the commencement of Borey Chankiri's handover on May 28, 2023. Urbanland has started handing over homes to homeowners for its first residential development, Borey Chankiri, and expects to finish by the end of the year. After completing their home inspection, homeowners and families can now move into their new ho...
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Government Backs Expansive Aquaculture and Ecotourism Ventures Spanning Over 7,000 Hectares in Botum Sakor District
- 29 May 2023
The Ministry of Environment, in collaboration with the Administration of Koh Kong Province, is lending support to investment initiatives aimed at establishing expansive natural aquaculture, agro-tourism, and ecotourism projects. These ventures are set to encompass a vast area of 7,126.93 hectares, strategically located in five distinct locations within the pristine Botum Sakor National Park and mu...
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Unlock Unprecedented Profit Opportunities with Borey Golden Park: Exclusive Offers Await!
- 27 May 2023
Embark on a journey towards unmatched profit potential and secure your future at Borey Golden Park, where exclusive opportunities await you. Don't delay—make your move today! Borey Golden Park presents an extraordinary opportunity for potential homeowners to seize unprecedented recurring profits. With a range of enticing incentives, this is your chance to own the house or villa of your dreams: ...
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GOV’t Announces Waiver of Three Key Construction and Land Fees
- 26 May 2023
In a groundbreaking move aimed at promoting the growth of the construction and land sectors, the Ministry of Economy and Finance, together with the Ministry of Land Management, Urban Planning, and Construction, has announced the exemption of three significant public service fees. This notable development is in accordance with the Inter-Ministerial Proclamation No. 312 សហវ.ប្រក.អទច issued on 22nd M...
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