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ខ្មែរ Property Focus
Cambodia Issues Short-Term Transit Visas to Tourists Visiting Cambodia by Cruise Ship
- 2 March 2023
The Royal Government of Cambodia has announced that it will offer short-term transit visas to tourists visiting the country on a cruise ship. The new policy, effective from 1 March 2023, allows international tourists to apply for a transit visa type D for a five-day stay. According to the Ministry of Tourism, transit visas (D) are issued to non-immigrant foreigners who are transit passengers, d...
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Educational Institutions Nationwide Will Get Revenue Tax Exemption for Five Years
- 2 March 2023
The Royal Government of Cambodia has recently declared a tax exemption for public and private educational institutions nationwide. According to an announcement from the Office of the Council of Ministers on 27 February 2023, these institutions will be granted a five-year tax relief from 2024 until the end of 2028. The exemption applies to income tax, minimum tax, value-added tax, and withholding t...
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Gov’t to transform wet land in Tboung Khmum to carbon-natural ecotourism site
- 28 February 2023
The Ministry of Environment has been preparing the dry river in Ou Raing Ov district to become a carbon-neutral ecotourism site, according to the Ministry's announcement on 27 February. The dry river is located in the Preah Theat Basrey temple area in Preah Theat commune, Ou Raing Ov district, Tbong Khmum province. The land is being developed as a natural historical site by the national wor...
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Gov’t reclassifies over 600sqkm of Mekong land to Irrawaddy dolphin conservation zone
- 28 February 2023
The Royal Government of Cambodia has decided to designate the Mekong River area in Stung Treng and Kratie provinces, approximately 621 square kilometres, as the Mekong River dolphin management area. This is according to Sub-Decree No. 47, dated February 27, 2023. The Mekong Dolphin Management Area is defined as a protected area (permanent core area) of 216.4 square kilometres and a protected ar...
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S.Korean Booyoung Group Donates 200 Buses for Phnom Penh Public Transport
- 28 February 2023
The South Korean BOOYOUNG GROUP has donated a total of 200 public buses to Phnom Penh Capital Hall to improve the city's public transport. The official handover ceremony was held on 28 February under the presidency of Phnom Penh Governor HE Khuong Sreng, Ambassador of the Republic of Korea in Cambodia HE Park Jung Wook, and Chairman of the Board of Directors of Bouyong Group Dr Lee Joong Keun. ...
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ADB advises Cambodia to improve property tax collection
- 27 February 2023
The Asian Development Bank (ADB) has held a workshop to share knowledge and expertise on property tax management as the collection of this type of tax in Cambodia is still limited. Held on 23-24 February, the workshop aims to help strengthen property tax collection and boost revenue at the sub-national level. The workshop shared the results of a detailed appraisal study with policies and rec...
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Thailand Expects US$3bn Foreign Investment This Year
- 26 February 2023
A minimum of 100 billion baht is expected to flow into Thailand through foreign investment, supported by several factors. “The active foreign investment is supported by the country being fully open in terms of both tourism and investment, as well as anticipated expansion of production bases in Thailand by international firms, particularly in industries with growth potential such as electric veh...
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Two Cambodia’s Ecotourism Communities Receive ASEAN Standard Award 2023
- 25 February 2023
Two ecotourism communities in Cambodia, Samros Koh Han ecotourism community in Stung Treng province and the Prey Thom Anlong Thom ecotourism community in Siem Reap province, have received the ASEAN Ecotourism Standard Award. The award-giving ceremony was held at the ASEAN Tourism Forum 2023 in Yukata, Indonesia on 5 February, according to the Ministry of Tourism. Koh Han Ecotourism Community...
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The 8th PropertyGuru Cambodia Property Awards seek the Gold Standard of real estate amid recovering domestic market
- 24 February 2023
LOCAL PROPERTY SEEKERS IN CAMBODIA POWER THE DEMAND FOR SPACIOUS HOMES PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today launched the 2023 edition of the PropertyGuru Cambodia Property Awards, beginning the search anew for the kingdom’s finest property developers, design practices, and projects: the Gold Standard of real estate. ...
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Koh Kong authorities issue over 140k land titles in past 5 years
- 23 February 2023
Koh Kong authorities have systematically registered a total of 140,451 land titles in the past five years, according to the press conference on 21 February. Meanwhile, the provincial authorities have registered 267 individual land titles and 27 state land titles. Recently, over 150,000ha of land in Koh Kong was reclassified to state-reserved land. (Read more)
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