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ខ្មែរ Property Focus
Japan Commits Nearly USD 11 Million to Support Cambodia’s Techo Peace Museum Project
- 21 March 2025
In a significant diplomatic move, the Japanese government has granted a total of 1.466 billion yen, approximately USD 11 million, to the Cambodian Mine Action Centre (CMAC) to bolster two critical projects to enhance mine action capabilities in Cambodia. The announcement was made during a signing ceremony on 20 March 2025. HE Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs a...
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Gov’t & Private Sector Join Forces to Boost Local Agricultural Production with MOU
- 21 March 2025
In a major step towards boosting local agricultural production, the Ministry of Commerce has collaborated with six leading feed manufacturers to sign a Memorandum of Understanding (MoU) to promote key agricultural products such as red corn, cassava, and other raw materials in Cambodia. This was announced at an MOU signing ceremony by HE Cham Nimal, Minister of Commerce, on 19 March 2025. The...
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IKEA Explores Expansion into the Cambodian Market
- 21 March 2025
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, the Secretary-General outlined Cambodia’s att...
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Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025
- 18 March 2025
In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed positive growth, with goods valued at USD 4.46 billi...
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Cambodia Designates Lva Village in Battambang Province as Key Model Village
- 13 March 2025
In a significant step toward rural development, the Cambodian government has designated Lva village in Battambang province as a key model village. This initiative aims to enhance local living standards and promote sustainable development in rural areas. On 3 March 2025, His Excellency Chhay Rithsen, Minister of Rural Development, led a delegation to inspect Lva village in Lva commune, Bavel dis...
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Borey Peng Huoth Unveils Morakot Village: A New Era of Modern Living Begins in Phnom Penh
- 12 March 2025
Borey Peng Huoth, a leader in residential development, is thrilled to announce the highly anticipated opening of its latest project, Morakot Village. Set to revolutionise the housing landscape in Phnom Penh, this new endeavour showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-metre road, Mor...
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Cambodian Government Extends Property Tax Exemptions for New Cities & Agricultural Land
- 11 March 2025
In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 hectares until the end of ...
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Cambodia’s Tourism Soars with Impressive Revenue from Ticket Sales
- 10 March 2025
Cambodia is celebrating a significant boost in tourism as the country rakes in over USD 13.55 million from ticket sales in just the first two months of 2025. According to a report released by the Angkor Foundation, the magnificent temples of Angkor continue to attract visitors from around the globe, reaffirming Cambodia’s status as a premier travel destination. In January and February alone, a ...
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Slow Credit Growth in Cambodia’s Banking Sector in 2024
- 8 March 2025
In 2024, Cambodia's banking system experienced slow credit growth, reaching only 3%. This modest increase is attributed to the sluggish recovery of key sectors such as construction, real estate, tourism, as well as wholesale and retail businesses. A report released by the National Bank of Cambodia (NBC) on 22 February revealed that the total banking system credit has risen to 242.9 trillion rie...
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2024 Sees a Surge in Cambodia’s Air Freight as Volume Jumps 40% with Nearly 80,000 Tons Transported
- 7 March 2025
In 2024, Cambodia’s air transport sector made significant strides successfully transporting 77,852 tons of goods marking a remarkable 40% increase compared to the same period in 2023. This achievement was highlighted in a report presented by Prime Minister Hun Manet on 5 March 2025. Air transport has emerged as a crucial strategic factor in Cambodia’s socio-economic development, enhancing trave...
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