Local News
Cambodian Government Extends Tourism-Related Business Tax Exemption for Three Provinces
The gov’t announced on 15 July 2022 the extension of three months of tax exemption for tourism-related businesses only in Phnom Penh, Siem Reap and Sihanoukville. The tax exemption initiative has three major measures: Continue to exempt all types of monthly taxes, except for value-added tax on hotels, guesthouses and travel agencies registered with the […]
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Seal of General Department of Cadastral to Replace Old Vente Definitive and Donation Definitive
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has instructed its Municipal/Provincial Departments to stop using the Vente Definitive and Donation Definitive with the signing seal of H.E. Leom Vean, according to a letter dated 13 July 2022. The Municipal/Provincial Departments of Land Management, Urban Planning, Construction, and Cadastre have to use the […]
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143 Cambodia Casinos Applied for Annual Licence: Regulator
A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. “The law on commercial gambling management requires a minimum capital investment, plus the […]
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My Second Home Impel Cambodia to compete with Thailand
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide […]
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PM Hun Sen Asks Private Companies to Enhance Quality of Internet Services to Remote Tourism Areas
Prime Minister of Cambodia, Samdech Techo Hun Sen, has requested telecom and internet providers to strengthen their services in cities and expand to remote tourism areas. Samdech Techo Hun Sen made the remarks at the Closing Ceremony of the Tourism General Meeting, Summary of The First Phase (2022-2021), and H1 of 2022 of Plan Summary […]
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Government Cuts 6 hectares of Land from Ta Mok Lake to Private Owner
The Royal Government of Cambodia has reclassified 6.1 hectares of land on Ta Mok Lake from public property to state private property. According to the recently circulated sub-decree dated 16 February 2022, an area of 61,836 square metres in Ponhea Pon commune, Prek Pnov district has been reclassified and handed over to the private owner […]
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Rental Rates of Serviced Apartment Increase as Supply Increases by 21% in H1 of 2022
In the first half of 2022, rental rates for serviced apartments increased slightly, while supply also increased by 21% compared to the second half of 2021, according to CBRE Cambodia on 07 July 2022. Rental prices of serviced apartments increased by 2.4% for Grade A (high price) and by 1.5% for Grade B (medium price). […]
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Property Taxpayers Urged to Make Payment Before September Deadline
The General Department of Taxation (GDT) has reminded all property owners subject to tax to declare and pay either the property tax or unused land tax for 2022 before 30 September, according to a GDT announcement on 12 July 2022. All property owners can make tax payments at the General Department of Taxation (GDT) or […]
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Sokha Hotel Company Expands Investment on Over 10,000 Hectares on Bokor Mountain
The Sokha Hotel Company of Oknha Sok Kong has proposed expanding its investment on 11,177 hectares located in the Monivong Bokor National Park, according to a decision of the Ministry of Land Management, Urban Planning and Construction. To date, the inter-ministerial working group, with members from MLMUPC, Environment, Tourism and other stakeholders, are studying, checking […]
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RGC Cuts Over 7000 Hectares from Natural Protected Areas in Three Provinces for LASED III
The Royal Government of Cambodia (RGC) has decided to cut 7653 hectares from natural protected areas in three provinces for people living in poverty under the Land Allocation for Social and Economic Development Phase III (LASED III) project, according to the three separate sub-decrees, of which two of them are dated on 10 January and […]
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