Laws and Regulation
PM Advocates for Commercial Courts to Foster Investor and Business Confidence in Cambodia
In a move to enhance the investment and business environment in Cambodia, PM Hun Sen called for the establishment of commercial courts to facilitate the resolution of trade and business disputes. During the inauguration ceremony of the “Court of Justice” on 26 June, PM Hun Sen urged the Ministry of Justice to develop a robust […]
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Grand Unveiling: Phnom Penh Municipal Court’s State-of-the-Art Building Valued at Over US$14 Million
Phnom Penh Municipal Court proudly opens its doors to a remarkable new building, a masterpiece valued at over US$14 million, situated in the prestigious locale of Sangkat Prek Leap, Khan Chroy Changva, Phnom Penh. The inauguration ceremony, graced by the presence of Prime Minister Hun Sen, took place on 26 June 2023, marking a significant […]
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Government Leases Extensive Land in Kep for Private Development Initiatives
In a landmark decision, the Cambodian government has allocated approximately 30 hectares of land within the scenic Kep National Park to One More, Ltd., paving the way for the development of a captivating tourist destination. This noteworthy development was confirmed through a sub-decree issued on 25 November 2022, highlighting the government’s commitment to fostering sustainable […]
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Gov’t Announces Property Tax Deadline: September 30, 2023
The General Department of Taxation has issued a reminder to all property owners, emphasizing the importance of fulfilling their property tax and land tax obligations by September 30, 2023. The announcement, dated June 22, 2023, serves as a prompt for property owners who have yet to meet their tax declaration requirements. Recognizing the need to […]
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Public Alert: Exercise Caution as NRPC Exposes Unlicensed Housing Projects in Phnom Penh
In an effort to protect the public and maintain the integrity of the real estate market, the National Real Estate and Mortgage Regulator (NRPC) has issued a crucial warning regarding four housing development projects in Phnom Penh that lack the necessary licenses. This announcement, dated 15th June 2023, serves as a stern reminder for individuals […]
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Boundaries Defined: Arey Ksat to Remain non-annexed to Phnom Penh City
PM Hun Sen has affirmed that Arey Ksat City in Kandal province will retain its autonomy and will not be incorporated into the administration of Phnom Penh. During the momentous inauguration ceremony of the Bak Kheng Water Treatment Plant, held in Bak Kheng Sangkat, Chroy Changva District, Phnom Penh, on the morning of June 19, […]
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Delegation of Investment Approval Powers to Provincial Level Empowers Provinces to Attract Investments
In a significant move to foster economic growth and generate employment opportunities at the local level, Samdech Hun Sen, Prime Minister of Cambodia, announced that the government has decentralized the authority to review and approve investment projects valued at up to US$5 million to provincial authorities. This delegation of powers is aimed at attracting investments […]
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PM Hun Sen Asks Borey Owners to Restructure Installment to Financially Hit-Bory Buyers
PM Hun Sen has called on the owners of Boreys and flat houses to implement flexible measures to the difficulties of the people who are late in paying instalments and to restructure instalments to buyers. In a meeting with more than 10,000 garment workers in Kampong Chhnang province on June 9, Samdech Techo introduced his […]
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PM Hun Sen’s Resolute Stand: Combating Illegal Encroachment on Forest Land
In a powerful message that resonated across the nation, PM Hun Sen issued a stern warning against the illegal encroachment of forest land by influential individuals. The special address, spanning over four minutes, was delivered on the evening of June 5, 2023, sending a resolute message to those who dared to exploit Cambodia’s natural resources […]
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GOV’t Grants Property Tax Exemption for Four New Cities Until the End of 2023
In a significant move that aims to foster growth and development in Cambodia’s newly established cities, the Ministry of Economy and Finance has announced a property tax exemption until the end of 2023. Prakas No. 329 MEF, dated June 1, 2023, outlines this beneficial measure. The property located in Udong Mechey town of Kampong Speu […]
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