Gov’t to Redevelop Over 2000ha of Conserved Land in Siem Reap

The Ministry of Environment is reorganising the Sok An Research and Kesor Kol Conservation Centre into 16 development zones along with the construction of necessary infrastructure, research centre, and development zone.  Mrs Chan Somaly, Undersecretary of State of the Ministry of Environment and President of Kesor Kol Conservation Centre, stated on 7 February that after […]

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Cambodia, Five Other Asian Countries Sign Indore 3R Agreement for Clean Earth, Water, & Air Scheme

Five cities in Cambodia and five other Asian countries have signed the Indore 3R Declaration on Clean Water, Clean Land, and Fresh Air Goals.  The agreement was signed during the 11th Asia-Pacific High-Level Meeting on “3R and Circulation Economy” in Siem Reap on 8 February 2023.  The five cities of Cambodia are Sen Monorom in […]

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Banteay Meanchey Authority Reorganises 1500ha Pongro Conservation Zone

The Banteay Meanchey Provincial Authority and relevant officers are working on the protection to reorganise the Pongro conservation zone which covers an area of 1,576 hectares, according to an official meeting on 7 February.  Located in Sangkat Kampong Svay, Serey Sophorn city, the Pongro Conservation Project aims to preserve the forest for the next generation […]

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SME Bank Provides Over US$53m in Loans to 230 Enterprises in 2022

In 2022, the Small and Medium Enterprise Bank of Cambodia (SME Bank) provided a total of US$53 million loan to 230 small and medium enterprises, according to the official report recently.  According to the report, the first and second phases of the SME support project, which was successfully completed, provided support to a total of […]

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Kampong Cham Authority Registers Over 710,000 Land Titles

As of 2022, Kampong Cham provincial authorities have achieved systematic land registration of 713,500 plots, equivalent to 77% of the total targeted plan, according to Governor HE Un Chanda on 3 February.  There are a total 924,421 plots of the land needed to be registered in the province or equivalent to 274,307 families.  In principle, the […]

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463 Factories Operate in Six Districts in Kampong Cham

Kampong Cham province has attracted investors to invest in many development projects. 463 projects and factories are operating in six cities in districts in Kampong Cham province.  In a press conference on 3 February, Kampong Cham Governor HE Un Chanda said that in the labour field, there are a total of 463 enterprises and factories […]

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Gov’t Hands Over Residential Titles With Tax Exemption To Over 1,200 families From Borei Keila

The government has handed over ownership titles for more than 1,200 families living in the Borey Keila complex, along with tax exemptions.  Phnom Penh Governor HE Khuong Sreng said on 3 February that the decision was made by Prime Minister Samdech Hun Sen with the aim to reorganise the city and give proper residences to […]

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Gov’t urges real estate businesses to submit report on time

The Real Estate and Pawnshop Business Regulator (REPBR) has recently reminded all real estate developers, real estate service providers and pawning businesses to submit regular and accurate reports; otherwise will face fines. These businesses must report directly to REBPR located at the UN building. No. 168F (7th floor), Street 598, Sangkat Chrang Chamnan 1, Khan […]

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PM: Cambodia Breaks Record of High Tax Collection in 2022

Cambodia Prime Minister Samdech Hun Sen has praised the General Department of Taxation (GDT) for the successful tax revenue collection in the past year, which has broken the record of the highest tax collection.  The GDT collected tax income exceeding the target plan, reaching the highest surplus of all time, Samdech Hun Sen said.  The […]

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Stamp Duty Revenue in 2022 Increases 12.7% Y-o-Y

In 2022, stamp duty revenue from real estate ownership transfers collected by the General Department of Taxation (GDT) increased by 12.7% compared to 2021, according to a GDT press release on 31 January.  In 2022, GDT collected a total of US$3.4 billion, equivalent to 122.54% of the financial law plan for the management of 2022, […]

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