Property Focus
Mondulkiri Authorities Enforce 7 Measures to Combat Natural Resource Crime
Mondulkiri provincial authorities have unveiled a comprehensive plan comprising seven key measures aimed at preventing and combating natural resource crimes, particularly within the Nam Lear Wildlife Sanctuary situated in Pichreada and Oreang districts. In a press release issued on 29 March 2024, the National Committee for the Prevention and Suppression of Natural Resource Crimes in Mondulkiri ...
Read MoreMassive Crackdown: Authorities Seize Nearly 10,000 Hectares in Pursat in Just 21 Days
In a sweeping operation targeting natural resource crime, a joint task force in Pursat province confiscated nearly 10,000 hectares of land and apprehended 30 individuals. The Ministry of Environment's official Facebook page disclosed the findings on 1 April 2024, revealing that over the course of 21 days, from 11-31 March 2024, authorities conducted a rigorous crackdown, resulting in the seizur...
Read MoreSiem Reap Authorities Grant 3,426 Land Titles to Residents in Four Villages
Siem Reap provincial authorities have ceremoniously presented 3,426 land titles to residents residing in four villages: Roka, Kork Dong, Proma, and Khnar in Krabei Riel commune, Siem Reap city, Siem Reap province. The land titling ceremony, overseen by Mr Samkol Sochetra, Deputy Governor of Siem Reap Province, and relevant departments, took place on 3 April 2024, signifying a significant step t...
Read MoreCambodia Generates US$16.5m Revenue in 3 Months from Angkor Ticket Sales
In the first quarter of 2024, Cambodia has amassed an impressive revenue of US$16,533,293 from the sale of Angkor tickets, attracting a total of 347,534 foreign tourists. This substantial income surge, marking a 48.47% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The Angkor Institute's report, released on 1 Apri...
Read MoreCambodia 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 the heart of ASEAN, ...
Read MorePeng 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 spirit. As a testament to its commitment to fosteri...
Read MoreRemarkable 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 29 March 2024. The expedition, conducted by the fossil study ...
Read MoreExclusive 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 modern battery cars Home decor...
Read MoreGov’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 of the Prek ...
Read MoreNew 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 the real estate sector. This Prakas clarifies tha...
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