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ខ្មែរ Property Focus
Cambodia’s Coastal Wealth: Minister of Land Envisions $2 Billion Annual Contribution
- 11 January 2024
In a visionary statement, His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction (MLMUPC), revealed the immense economic potential of the Cambodian Sea, projecting a substantial annual contribution of approximately US$2 billion to the nation. The declaration came during a pivotal meeting on 8 January 2024, convened to assess the progress ...
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Cambodia Airways Elevates Connectivity with Launch of Phnom Penh-Chongqing Flights
- 10 January 2024
In a strategic move to enhance trade links with China and bolster tourism, Cambodia Airways inaugurated direct flights from Phnom Penh to Chongqing on 6 January. The twice-weekly round-trip flights, operational on Mondays and Saturdays, aim to fortify ties between Cambodia and China, especially in the aftermath of the global crisis, according to Tin Media on 4 January 2024. The airline, already...
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Sihanoukville Takes the Crown for Best New Year Celebration in 2024
- 8 January 2024
In a resplendent declaration, Sihanoukville clinches the prestigious title of "Best Countdown City of the Year" for its unparalleled New Year celebration, triumphing over Battambang and Siem Reap. This announcement, dated 5 January 2024, is a result of the keenly contested competition organized by the National Committee for Clean City Assessment (NCCCA) and the Ministry of Tourism. The "Best Co...
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Sihanoukville Enhances Connectivity with Government Initiative: Free Wi-Fi Unveiled in Key Public Areas
- 8 January 2024
In a strategic move to bolster connectivity and foster digital accessibility, the Sihanoukville Provincial Department of Posts and Telecommunications has successfully implemented a Public Wi-Fi project in prominent public spaces and major entertainment hubs within Sihanoukville. Chaired by Mr Yus Sothea, Director of the Department of Posts and Telecommunications of Preah Sihanouk Province, a me...
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Gov’t Extends Tax Incentives to Boost Real Estate to End of 2024
- 8 January 2024
The Cambodian government has announced an extension of the tax grace period to bolster the real estate sector and facilitate access to affordable housing for low- and middle-income citizens amidst global economic uncertainties. The decision, outlined in a notification from the Ministry of Economy and Finance dated 4 January, involves the continued exemption of stamp duty on the transfer of owne...
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Bouyong Group’s Generosity Drives Prey Veng’s Public Services: 35 Buses Donated for Enhanced Transportation
- 6 January 2024
In a benevolent gesture, Bouyong Group has presented a gift of 35 buses to the Prey Veng Provincial Administration, marking a significant contribution to the region's public services. The official handover ceremony took place at the Sihanoukville Autonomous Port on 4 January 2023. The donated buses are intended for the management and utilization by the Prey Veng Provincial Administration, enhan...
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Ho Chi Minh City Authorities Impose 7.5 Million VND Fine on TikTok User for Defaming Angkor Wat
- 5 January 2024
Ho Chi Minh City authorities have issued a fine of 7.5 million VND ($306) to Vietnamese TikTok user Hua Quoc Anh for allegations of defaming Cambodia and Angkor Wat, claiming the ancient temple belongs to Thailand. This information is reported by Vietnam.vn on 5 January 2024. In the official announcement of the fine on Wednesday, Vietnamese authorities cautioned the taekwondo star against causi...
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Cambodia’s Three-Decade Triumph: Over 1,000 Square Kilometres Liberated from Mines
- 5 January 2024
In a monumental feat spanning over three decades, Cambodia has successfully liberated more than 1,000 square kilometers of land through dedicated demining efforts, as reported by the Cambodian Mine Action Center (CMAC) in the Khmer Post on 4 January 2024. Since its inception, CMAC has meticulously uncovered and neutralized over 3 million landmines and unexploded ordnance, covering an expansive ...
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Cambodia Shines as a Gold Refining Hub: 9.5 Tons of Gold Processed by 2023
- 4 January 2024
In a testament to Cambodia's growing prowess in the mining sector, industrial gold refinery plants have successfully processed a total of 9.5 tons of gold ore from the commencement of commercial gold production in 2021 to the conclusion of 2023. This significant achievement was spotlighted in a video document released by the Ministry of Mines and Energy, showcasing major milestones in the developm...
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ASEAN Tourism Rankings 2023: Malaysia Takes the Lead, Thailand Secures Second Spot, Followed by Vietnam
- 4 January 2024
Southeast Asia experienced a stellar revival in its tourism sector throughout 2023, with Malaysia emerging as the frontrunner in welcoming international visitors, boasting an impressive 26 million foreign tourist arrivals from January to November. Following closely, Thailand welcomed approximately 24.6 million tourists during the same period, underscoring the robust rebound of its tourism sector. ...
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