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ខ្មែរ Local News
Tourism Ministry: Small & Medium Hotels No Longer Required to Apply for Classification
- 8 August 2022
The Ministry of Tourism has decided to waive the obligation to apply for hotel and tourism accommodation classification for small and medium hotel & accommodation businesses to help those businesses recover from the COVID-19 pandemic. According to a ministry announcement on 04 August, this waiver will help those SMEs cut their expenses and save time in reopening, while this order will take ...
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Raids Continue on Unregulated Sand Business Operators, Four More Shut Down
- 8 August 2022
Phnom Penh Deputy Governor Suy Serith on Monday led relevant officials in raids on unregulated sand mining businesses, with four more operators located along NR2 ordered to shut down. Mr Serith said the business owners of those four sand depots violated the instructions of the authority multiple times which is why the team decided to give the closure orders. “These business depots do not con...
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Environment Ministry Sets More Rules for Protected Areas in 15 Provinces
- 8 August 2022
The Ministry of Environment has issued more guidelines for protected zones and biodiversity corridors in 15 provinces to strengthen the management and make more effective usage of those areas. According to discussions during an official meeting on 05 August, those provinces include Tbong Khmum, Kratie, Mondulkiri, Ratanakiri, Stung Treng, Kampong Thom, Siem Reap, Preah Vihear, Oddar Meanchey, B...
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PM Cancels All Development Permits in Phnom Tamao
- 7 August 2022
Cambodian Prime Minister Samdech Hun Sen has cancelled all the controversial development projects in Phnom Tamao Zoological Park and Wildlife Rescue Centre (PTWRC). The cancellation order was issued after there are many requests from the people to the government to protect the forest nearby the centre. (Read more) The order message was published on PM’s Facebook on 07 August 2022, stating t...
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19 of 36 Islands in Sihanoukville Under Private Development
- 6 August 2022
19 of 36 islands in Sihanoukville are under development by over 23 private companies, according to the latest official record published on 03 August. 4 out of 5 islands in Sihanouk city are being developed by four companies, while nine islands of 19 islands in Koh Rong city are being invested in by seven companies. In the meantime, six of seven islands in Prey Nob district are being develope...
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Renaissance Refines Over 3,500 kg of Gold as of June 2022
- 5 August 2022
As of June 2022, Renaissance Mineral (Cambodia) had refined a total of 3,543 kg of gold ore from its licensed mining zone in Mondulkiri province, according to Ministry of Economy and Finance Spokesman HE Meas Sok Sen San on 05 August. Under this operation, Cambodia expects to produce 3 tons of gold per year for the first 8 years, with the aim to increase production afterwards. The gold prod...
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Agriculture Ministry: Phnom Tamao Development Safe to Wildlife & Not for Private Benefit
- 5 August 2022
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has rejected all accusations over the Phnom Tamao land development, clarifying that the development is outside the wildlife sanctuary zone, and does not cause negative impacts on the environment, and most importantly is not a private business transaction. According to the announcement on 04 August, the purpose of the development is to m...
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PM Hun Sen: No More Internet Service Provider Monopoly in Boreys
- 4 August 2022
Cambodian Prime Minister Samdech Hun Sen has ordered to put an end to internet service provider monology in Boreys and revoke all the previous exclusive signed by related parties. The statement of PM Hun Sen was repeated by Minister of Posts and Telecommunications HE Chea Vandeth in a press conference on 4 August. “Deal to allow only one exclusive internet service provider in Boreys must be ...
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Naga Corp Earns Net Profit of US$52 million in H1 2022
- 3 August 2022
Hong Kong-listed NagaCorp Ltd, the operator of the casino resort monopoly in Phnom Penh, earned a total profit of US$52 million in the first half of 2022. The figures were mentioned in a filing dated 18 July to the Hong Kong Stock Exchange. The profit of US$52 million is a major increase compared to a US$77-million loss for the first half of 2021 when the resort was closed most of the time d...
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62% of AmCham Survey Say Buying Real Estate in Cambodia a Good Investment
- 2 August 2022
Over 62% of respondents of the recent Real Estate & Construction Survey conducted by AmCham Cambodia have said that buying property in Cambodia now is a good investment as the market has started to see an increase in international investors. According to the Khmer Times, the survey was drawn from 517 respondents in different segments of the population including ministries and the government...
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