Penalty-Free Property Registration Deadline Announced

The General Department of Taxation has declared a grace period for owners of unregistered or outdated immovable properties, offering an exemption from administrative penalties, including surcharges and interest, provided they complete their registration or update their property information by the end of June 2024. This directive, issued in a press release on 25 April 2024, underscores the gover...

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Land of Opportunity: Cambodia’s Strategic Initiative to Distribute 1,507 Hectares to Veterans & Needy

In a landmark move, the Cambodian has earmarked two expansive land concessions totalling 1,507 hectares in Kampot province for distribution among former armed forces personnel and impoverished families, as part of a concerted effort to address social inequality. This initiative was unveiled during a pivotal meeting on the "Campaign to update the work and check the actual situation at the locati...

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Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023

Cambodia's trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the 13th National Committee of the Chinese Pol...

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Cambodian Real Estate Sector Maintains Stability Amidst Tensions in Q1 2024

The first quarter of 2024 has seen the Cambodian real estate sector maintaining a stable trajectory, with no significant shifts in tension but also no substantial new growth. According to the latest Market Insights Q1 2024 report by CBRE Research, published on 11 April 2024, the office building sector recorded an occupancy rate of 62.2%, while the retail market occupancy rate stood at approximatel...

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Cambodia Launches 1 Million Trees Plant Initiative While Enforcing Forest Protection Laws

Cambodia has embarked on an ambitious reforestation drive, aiming to plant at least 1 million trees annually to significantly expand its forest cover by more than 60% by 2050, announced HE Eang Sophalleth, Minister of Environment, at the National Workshop on Investment in Climate Change Adaptation through Agro-Ecological Landscape Restoration on 22 April 2024. The MoE initiated the campaign to ...

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Royal Railway Cambodia to Introduce High-Speed Train Network in June

Royal Railway Cambodia has announced plans to revolutionise Cambodia's transportation sector with the launch of high-speed trains connecting Phnom Penh to Sihanoukville and Poipet by June 2024, as reported by Apsara TV on 22 April 2024. The upcoming trains, ordered from Japan, are set to operate at speeds ranging between 90 and 110km per hour, a significant improvement compared to the current s...

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Fostering Ties: Cambodia & China Ink Agreements to Boost Key Sectors

Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official visit of HE Wang Yi, the Minister of Foreign Affairs of the People's Republic of China, which concluded on 23 April. The agreements were the highligh...

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A Closer Look at Siem Reap’s Eight Protected Areas Covering Over 280k Hectares

In an ambitious move towards environmental conservation, Siem Reap province has officially declared eight natural reserves, spanning approximately 280,000 hectares, under stringent state protection. This significant development, disclosed by the Ministry of Information on 18 April 2024, underscores Cambodia's dedication to preserving its natural heritage. These sanctuaries, meticulously managed...

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Cambodia Mobilizes to Tackle Water Crisis Ahead of Delayed Rainy Season

As the dry season prolongs its grip on Cambodia, the Ministry of Rural Development has unveiled a comprehensive strategy to mitigate the impact of severe droughts and water shortages plaguing the nation. This initiative, detailed in the "Guidelines on Measures and Interventions on Water and Drinking Water Shortages Due to Climate Change," published on 21 April 2024, aims to brace the country again...

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Authorities Reject Free Land Giveaway Announced by Individual in Kampong Speu

The Oral District Administration in Kampong Speu province has officially refuted claims made by Mr Chuon Kunthea regarding the distribution of land to individuals, citing that the designated land falls within the confines of the Oral Mountains Wildlife Sanctuary. This announcement was made on 21 April 2024, following Mr Kunthea's assertions of distributing land, as reported by KH Plus News. In ...

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Cambodia to Transform National Customs School into Asia-Pacific Training Hub

Cambodia successfully secured approval for its National Customs School to be designated as the Asia-Pacific WCO Regional Training Centre (RTC AP) d during the 25th Asia-Pacific Customs Director General Conference of the World Customs Organisation held in Sydney, Australia from 15 to 18 April 2024. The decision marks a significant milestone for Cambodia's customs administration, affirming its co...

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MoE Initiates Green Recreation Initiatives in in Two Major Cambodia’s National Parks

The Ministry of Environment (MOE) is spearheading efforts to establish green recreation corridors in two of Cambodia's cherished national parks: Preah Suramarit Kosomak "Kirirom" National Park in Kampong Speu province and Preah Jayavarman-Norodom "Phnom Kulen" National Park in Siem Reap. HE Eang Sophalleth, Minister of Environment, unveiled these initiatives during meetings on 18 April and inspect...

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