Property Focus
Cambodia Emerges as Prime Investment Hub in ASEAN, Declares Deputy PM
Cambodia is the heart for investment within the ASEAN region, according to HE Sun Chanthol, Deputy PM and First Vice President of the Council for the Development of Cambodia. Speaking at the 2024 ASEAN-Cambodia Business Summit, he emphasised Cambodia’s strategic location and immense potential, making it an irresistible destination for investors. With Cambodia positioned at […]
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Peng Huot Sankrant Grand Celebration: 5-6-7 April at PH Euro Park
Borey Peng Huot is gearing up to host the highly anticipated Peng Huot Sankrant celebration from 5-7 April to April 2024, at PH Euro Park, marking the onset of the traditional Khmer New Year festivities. This annual event, organised by Borey Peng Huot, promises an immersive experience for attendees, showcasing the vibrant culture and community […]
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Remarkable Discovery: Ancient Tree Fossils Unearthed at Phnom Tbeng Natural Heritage Site
A groundbreaking discovery has been made by the fossil study team from the Department of Heritage Sites of the Ministry of Environment, revealing the presence of tree fossils dating back to between 251 and 65 million years at the Phnom Tbeng Natural Heritage Site. This significant finding was shared on the ministry’s Facebook page on […]
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Exclusive Limited-Time Offers: Explore The Star Platinum Eco Poly Project by Borey Peng Huoth
Borey Peng Huot has recently unveiled its latest project, The Star Platinum Eco Poly, along with an enticing array of incentives, attracting a significant number of prospective buyers to explore the new model house. Homebuyers can take advantage of exclusive deals, including Immediate access to a condominium unit upon purchasing a house Latest series of […]
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Gov’t Designates 10,923 Hectares of Kampong Smach Canal as Marine Fisheries Management Area
The Kampong Smach Canal, spanning 10,923 hectares, has been designated as the Prek Kampong Smach marine fisheries management area by the Sihanoukville provincial authorities, aiming to enhance the livelihoods of local communities. Governor of Preah Sihanouk Province, Mr. Kouch Chamroeun, made the announcement during a workshop on 28 March 2024, focusing on bolstering the management […]
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New Government Regulations Set Property Tax Procedures & Rates
The Ministry of Economy and Finance has announced new regulations governing the management of property tax collection in Cambodia, setting a fixed rate of 10% of total real estate rental fees. This proclamation is outlined in Prakas No. 169 MEF.PrK.PD dated 20 March 2024, aims to streamline property tax procedures and ensure fair taxation across […]
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Singapore New National Plan Commits Over US$15 million on Scholarships for 15,000 Top Students to Study AI Technology
Singapore has unveiled an ambitious plan to bolster its global standing in business and innovation by injecting more than S$1 billion, equivalent to over US$743 million, into artificial intelligence (AI) initiatives over the next five years. The announcement came as part of Singapore’s 2024 National Budget, demonstrating a strategic push towards technological advancement and economic […]
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Gov’t Forms Task Force to Combat Illegal Land Seizures in Targeted Provinces
The Government of Cambodia has taken decisive action to combat illegal logging, land clearing, and forest land encroachment in several provinces by establishing a National Committee through decision No. 19 pillar dated 22 January 2024. Chaired by the Minister of Agriculture, Forestry and Fisheries, the 13-member National Committee is tasked with assignments including: Prepare and […]
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China’s Property Investment Sees 9% Decline in First Two Months, Still Down but Slower than 2023
Property investment in China witnessed a 9% year-on-year decline in the first two months of 2024, a notable improvement from the 24% fall recorded in December 2023, according to data from the National Bureau of Statistics (NBS). Similarly, property sales by floor area experienced a 20.5% slide in January-February compared to a year earlier, showing […]
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Grand Opening of Borey Peng Huot’s The Star Platinum Epo Poly Project on 23-24 March 2024
Borey Peng Huot Company marked a significant milestone on March 23, 2024, with the official opening of its latest project, The Star Platinum Epo Poly, situated within the Grand Star Platinum (Boeung Sno) development in Chbar Ampov district. The event drew a substantial crowd of eager attendees, both existing and prospective customers, keen to explore […]
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