Property Focus
Cambodia Surpasses Goal with Over 20 Million Seedlings Planted by 2024
As of 2024, Cambodia has successfully planted and replanted more than 20 million seedlings, according to the Forestry Administration. HE Dith Tina, Minister of Agriculture, Forestry, and Fisheries, announced during the Tree Day Ceremony on 9 July 2024 in Takeo Province that the Forestry Administration has planted over 20.50 million seedlings and continues to plant […]
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Borey Peng Huoth Unveils New Phase with Lucrative Opportunities for Homebuyers
From 12-14 July 2024, Borey Peng Huoth will officially launch a new phase in the heart of Phnom Penh, offering significant profit opportunities for customers seeking comfortable homes with special offers. The Stannet Chirel Phase II project, located along Street 371 in front of Pesey Market, will open for sale during this period. Following the […]
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EAC Mandates Self-Declaration for Solar Installers to Ensure National Electricity Balance
The Electricity Authority of Cambodia (EAC) has issued a notice requiring all consumers who have installed and used solar systems on their roofs without permission to submit a declaration regarding the use of their solar system. This directive is based on letter No. 085. PK.24, dated 5 July 2024, and aims to maintain a balance […]
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Unfavourable Business Conditions Force Thailand’s Third-Largest Sugar Firm to Withdraw from Cambodia
Thailand’s third-largest sugar producer, Khon Kaen Sugar Industry Plc (KSL), has announced its decision to withdraw its investment from Cambodia due to unfavourable market conditions and the underutilisation of trade schemes such as the Generalised System of Preferences (GSP) in Cambodia. The company cited these challenges despite a recent rise in global sugar prices following […]
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Gov’t Resolves Over 85% of Land Disputes with Over 15,000 Cases Addressed
The Ministry of Land Management, Urban Planning, and Construction has resolved 13,329 land dispute cases out of 15,642, achieving an 85.21% resolution rate. This information was shared on the ministry’s official Facebook page on 26 June 2024. The ministry’s efforts addressed various disputes, including land tenure issues, duplicate title applications, and state land title issuance […]
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Gov’t Waives Fines for Housing Developments for One Year
The Cambodian Real Estate and Mortgage Regulator has announced a one-year waiver of fines for Borey and condominium projects, starting from 1 July 2024. This decision follows the guidance of Prime Minister Hun Manet and the outcomes of the 19th Royal Government of Cambodia-Private Sector Forum held on 13 November 2023. This announcement was officially […]
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Gov’t Accelerates Resolution of 22 Investment Projects in Sihanoukville
The Cambodian government is expediting the resolution of 22 stalled investment projects in Sihanoukville, with a combined value exceeding $2 billion, under the leadership of HE. Dr Hean Sahip, Secretary of State of the Ministry of Economy and Finance. This announcement was made on the official Facebook page of the Special Task Force on Sihanoukville […]
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Royal Group Phnom Penh SEZ Secures Nearly US$10m from Green Bond Listing
Royal Group Phnom Penh SEZ Plc has successfully raised US$9.96 million from its green bond listing on the Cambodia Securities Exchange (CSX) to fund the construction of a wastewater treatment plant and its infrastructure. The official bond listing ceremony took place on 28 June 2024 at the CSX building, presided over by HE Dr Hean […]
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Cambodia Earns Nearly US$25m from Angkor, Koh Ker & Boat Ride Ticket Sales in H1-2024
In the first half of 2024, Cambodia generated a substantial revenue of US$24,952,996 from ticket sales for Angkor, Koh Ker, and boating activities, reflecting a significant boost in tourism. This information was revealed in a report released by the Angkor Institute on 1 July 2024. According to the report, 521,950 foreign tourists purchased tickets to […]
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Historic 2,000km Overland Convoy from China to Cambodia Marks Successful Inauguration of GMS Transit Facilitation
A convoy of seven Chinese trucks and passenger vehicles has successfully completed a historic journey of over 2,000 kilometres from China to Cambodia, marking the first implementation of the Greater Mekong Subregion (GMS) Transit Facilitation Agreement. The Ministry of Public Works and Transport announced the successful arrival of the convoy in Phnom Penh and the […]
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