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ខ្មែរ Property Focus
Gov’t Leases 489 Hectares in Koh Rong to Private Company for Sustainable Development
- 12 September 2023
The Cambodian government has earmarked a 489-hectare area within Koh Rong National Park for development by Emario Shonan Marine Corporation and U. Property Management. This progressive initiative, as outlined in Sub-Decree No. 69 dated 31 March 2023, signifies the nation's commitment to responsible land utilisation in Koh Rong Samloem village, Sangkat Koh Rong Samloem, Koh Rong City, Sihanoukville...
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Employment Boom: Factories in Kampong Speu in urgent need of 4,000 Workers
- 11 September 2023
Kampong Speu province, a burgeoning industrial hub, is currently experiencing an urgent demand for an additional 4,000 skilled workers. This pressing need arises amid the backdrop of 385 active factories within the province, each contributing significantly to Cambodia's industrial prowess. Minister of Labor and Vocational Training, HE Heng Sour, highlighted this demand during a recent meeting w...
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Peng Huoth Group organizes “PH Eco Day” an environmental and charity event under the theme “Old, new”
- 11 September 2023
Peng Huoth Group organized an environmental and charity event "PH Eco Day" in order to promote awareness and proper implementation of the environment, as well as to receive donations of materials and learning materials from philanthropists to continue to donate. To school organizations that face severe shortages. In addition, Peng Huoth Group has donated an additional US$ 20,000 to the Angkor Hosp...
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Unlocking Success in Cambodia’s Retail Market: CBRE Panel Explores Repositioning, Refilling & Repurposing
- 8 September 2023
CBRE Cambodia hosted a thought-provoking panel discussion on 4 September 2023, aimed at shedding light on the dynamic Cambodian retail market. Real estate experts gathered to delve into the sector's potential and its current status, providing valuable insights for industry players. Reflecting the Cambodian Retail Market The focal point of this workshop was the expert perspective on essential...
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Ministry of Agriculture Grants 9,772 Hectares for Agro-Industry Development in Stung Treng
- 8 September 2023
In a significant move to bolster agro-industrial development and stimulate economic growth, the Ministry of Agriculture, Forestry, and Fisheries (MOAFF) has granted a substantial land concession of 9,772 hectares to local company LSCG Group and Chinese counterpart Green Sea Agriculture Co., Ltd. This endeavour marks a strategic partnership set to transform Stung Treng province into a hub for agro-...
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Urbanland Partners with Phillip Trustee to Facilitate Foreign Homebuyers at Borey Chankiri
- 7 September 2023
Urbanland and Phillip Trustee (Cambodia) Co., Ltd. have recently entered into a new strategic partnership, solidified by a Memorandum of Understanding (MoU). This collaboration aims to address the ever-growing market demand in the real estate sector and facilitate foreign homebuyers at Borey Chankiri with the trust administration provided by Phillip Trustee. Mr. Hok Kang and Mr. Sopheap Proeung s...
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Gov’t to Revolutionise Property Ownership Transfer: Just 5 Minutes Needed
- 7 September 2023
In a groundbreaking move aimed at streamlining the process of transferring property ownership from parents to children, the Cambodian government is set to unveil a revolutionary procedure that promises to complete the task in just five minutes. The announcement was made by HE Sar Sokha, Minister of Interior, on 5 September 2023. The minister is poised to request the cooperation of HE Say Sam Al...
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New Thai PM Unveils Bold Plan: Thailand to Welcome Chinese 30 Million Visitors
- 5 September 2023
Immediately after taking office, Thailand's new prime minister unveiled a strategic plan aimed at attracting 30 million international tourists by the end of the year. The launch of the Thai economic recovery plan came on 25 August after he stressed the important role of tourism in the country's short-term economic recovery, according to channelnewsasia on 1 September 2023. Under Thavisin's visi...
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Cambodia’s Angkor Wat Ticket Sales Soar, Generating Over US$23 Million in Just Eight Months
- 5 September 2023
Cambodia has raked in an impressive US$23,091,931 in revenue from Angkor Wat ticket sales during the first eight months of 2023, drawing 498,513 foreign tourists, according to a report released by the Angkor Institute. This marks a staggering 419.58% increase compared to the same period in 2022. In August 2023 alone, the Angkor Institution reported US$2,774,586 in revenue from the sale of 59,14...
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Gov’t Updates & Establishes 33 National Parks & Protected Areas Expanding to Over 2m Hectares
- 3 September 2023
The Government of Cambodia has embarked on an ambitious endeavor to renovate and establish 33 national parks and protected areas, encompassing an expansive total of 2,574,476.41 hectares. This decision underscores the nation's commitment to safeguarding its natural and cultural heritage. The creation and expansion of these protected areas are guided by a noble purpose - the preservation and pro...
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