Local News
Gov’t Enforces New Guideline for Small-Scale Ecotourism Projects in Two Protected Zones
The Ministry of Environment (MoE) and related partners have announced the implementation of guidelines for small-scale ecotourism development projects with an area of fewer than 10 hectares in two protected zone—protected forests and biodiversity corridors. MoE Secretary of State HE Rath Virak said on 3 October that the technical guidelines are necessary to effectively manage procedures, prepar...
Read MoreUS$17m Development Project Approved on Koh Tbal in Kep Province
The Council for the Development of Cambodia (CDC) has given a permit to TRY PHEAP KOH TUNSAY RESORTS CO., LTD to build a US$17-million development project on Koh Tbal in Kep province. The project will create 105 jobs; however, CDC did not specify the details of the project, saying it is a tourism-related project. Koh Tbal is located close to Kep, about a kilometre and a half south-east of ...
Read MoreISI imports new JIS steel, vowing to contribute to Cambodia’s construction sector modernization
Cambodia's leading and largest steel processing and distribution company, ISI Steel, recently imported a new type of steel known as ISI DEBA), which is manufactured under a Japanese Industrial Standard (JIS). The ISI DEBAR is globally recognized for its high quality and durability with SD295 and SD390 strength levels. The continuous import and production of high-quality products is the compa...
Read MorePropNex Cambodia’s Grand Opening
On 23rd September 2022, PropNex Cambodia, a part of Singapore’s Number One Largest Listed Real Estate Agency, held its Grand Opening at Raffles Hotel Le Royal, Phnom Penh, Cambodia. With the belief in adding value and providing the best service, PropNex – led by a management team of visionaries has since been nurturing a group of world-class realty professionals. This winning combination has...
Read MoreThais Citizens of Border Provinces Can Visit Angkor Wat Without Passports
The Cambodian government plans to allow Thais living in border provinces to visit Siem Reap and Angkor Wat without passports, while an inter-ministerial commission is preparing the detailed procedure. Minister of Tourism HE Thong Khon unveiled this project during the meeting on 19 September, emphasizing this scheme is to boost tourism sectors. If this scheme is approved and implemented, Thai...
Read MoreTeaming up to boost securities and generate trust for investors
Zillenium Group, a leading real estate marketplace in Cambodia, has announced a partnership with the Securities Exchange Regulator of Cambodia (SERC) and Trust Regulator (TR), aiming at providing a broader understanding of the Securities and Trust sectors, while the move is paving the way for the real estate industry player to take advantages of these two potential sectors. On September 16th, 2...
Read MoreCambodia, Thailand Vow to End Dispute Over 26,000 sq km Overlapping Claims Area
Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor, reported the Bangkok Post. The move comes following efforts by the two countries to work together to develop new energy sources and this involves first ironing out the territorial dispute. Both countries will meet via...
Read MoreSingapore’s real estate market spikes as Chinese buyers increase
Singapore’s property market has recently caught its momentum compared to other markets around the world as Chinese buyers keep increasing. According to Worldakkam, Chinese buyers in Singapore were mainly concentrated in the luxury real estate market, Singapore’s hotels and beachfront real estate for instance. The reasons that build more trust for Chinese investors are the country’s politica...
Read MoreChip Mong 271 Mega Mall opens today
Chip Mong 271 Mega Mall, home of the world’s famous brands, opened its door to the public from 12 September onwards. During this soft opening, over 30 renowned brands are already opened to welcome all customers with the most special offers such as: - H&M and Pazzion shoe stores provide a 25% discount on selected items - TEN11 clothing store provides up to 70% discount - Routine, 36...
Read MoreChip Mong 271 Mega Mall to Open Tomorrow
The largest shopping in the south of Phnom Penh, Chip Mong 271 Mega Mall, will be opened to the public on 12 September, bringing a new shopping experience to all Phnom Penh residents. A large variety of both local and international brands are ready to open their doors from H&M, LYN, Calvin Klein, TEN11, Routine, 361°, Starbucks, Brown Coffee and Bakery, Bong Crab Restaurant, Pka K'nhey, Ste...
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