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ខ្មែរ Local News
Does Cambodia Still Lean Towards China, or Has It Already Shifted & Why? Effects on Economy & Real Estate
- 2 November 2022
Recently, the Cambodian government has taken a proactive stance and issued a series of measures to crack down on gambling and related crimes across the country, especially in Sihanoukville, which has been labeled by the foreign press as a hotbed of online crime. This issue has been occurring continuously in Cambodia for some time, but why is the government rushing to act now? What is the Cambod...
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Cambodia, China Signs MOU to Export Edible-Nest Swiftlets to China
- 31 October 2022
The Cambodian Ministry of Commerce and the Cambodian Business Center in Xiamen, China, are working together to promote the export of Cambodian edible-nest swiftlets to China. Both parties are also planning to establish an edible-nest swiftlet processing plant in Cambodia as well. (Read more) HE Chhuon Dara, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Co...
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MLMUPC Launches Permanent Satellite Stations in Five Provinces
- 28 October 2022
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has launched permanent satellite measuring stations (CORS) in Phnom Penh, Kandal, Kampong Speu, Siem Reap and Stung Treng provinces. According to Prakas No. 154 DONS / PRK dated 27 October 2022, the station will be used for measurement, data acquisition, mapping, physical infrastructure construction, quality control, cons...
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MLMUPC Launches Permanent Satellite Stations in Five Provinces
- 28 October 2022
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has launched permanent satellite measuring stations (CORS) in Phnom Penh, Kandal, Kampong Speu, Siem Reap and Stung Treng provinces. According to Prakas No. 154 DONS / PRK dated 27 October 2022, the station will be used for measurement, data acquisition, mapping, physical infrastructure construction, quality control, cons...
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Tax Exemption for Tourism & Hospitality Businesses Extended to December 2022
- 26 October 2022
The Cambodian government has decided to extend the tax exemption for tourism and hospitality businesses for another three months from October to December 2022, according to a press release on 25 October. The exemption applies to all types of monthly taxes, except value-added tax, for hotels, guesthouses, and travel agencies registered with the General Department of Taxation and doing business i...
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Trade Volume Between Cambodia & UAE at US$280m, Over US$2.7m in Real Estate
- 26 October 2022
In the first eight months of 2022, the trade volume between Cambodia and the United Arab Emirates (UAE) reached nearly US$280 million, while investment in real estate shared US$2.7 million. The figure was unveiled during the Cambodia-UAE Business Forum on 24 October. The data also shows that in 2020, Cambodia invested in the United Arab Emirates totaling nearly US$ 1 million, mostly in the r...
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Cambodia Securities Regulators to establish property fund in stock market
- 25 October 2022
The Securities and Exchange Regulator of Cambodia plans to set up a real estate-related fund package in the stock market for companies to raise cash from the public for investment. HE Sou Socheat, Director General of the Securities and Exchange Regulator of Cambodia, stated that the fund package related to real estate in the stock market will allow real estate to be traded which is easy and act...
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220,000ha of Rice Fields Nationwide Affected by Flood
- 24 October 2022
A total of 220,000 hectares of rice paddies across the country in 22 provinces were affected by the floods, according to the National Radio of Cambodia on 23 October. According to a report by the Ministry of Agriculture, of the more than 220,000 hectares affected, 110,000 hectares of rice fields were completely damaged, while 70,000 hectares could be rehabilitated. The worst-affected provinc...
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Gov’t Issues New Guidelines Scrutinising Casino Businesses
- 22 October 2022
The Commercial Gambling Management Commission of Cambodia (CGMC) 20 October issued new guidelines to further regulate casino businesses in Cambodia. According to the announcement, the summary of the guidelines includes: Casino operators must apply for a license or renew the casino license with CGMC or face legal action. Licensed casino operators can operate a casino only within the desi...
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Gov’t Reallocates Over 10,000ha of Land from Battambang to Pailin Administration
- 21 October 2022
The Battambang and Pailin provincial administrations have agreed to reallocate over 10,000 hectares in the Samlot and Kamrieng districts from Battambang administration to be under the administration of the Pailin provincial administration. According to a meeting between Battambang and Pailin administrative officers on 19 October, the land reallocation was made in accordance with the order of Sa...
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