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ខ្មែរ Laws and Regulation
PM urges authorities to complete all land registration by 2023
- 30 December 2022
Cambodia Prime Minister Samdech Hun Sen urged the relevant authorities to 100% complete the land registration by 2023, especially lands around the Tonle Sap lake. PM Hun Sen said on 71 December the government has registered almost all the land plots nationwide with only a small amount remaining, but officers must accelerate the process. Samdech Hun Sen continued that land registration is nec...
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Gov’t Drafts New Traffic Law to Align with New Infrastructure Development
- 29 December 2022
The Cambodian government is amending the new draft law on road traffic to align with the rapid road development in Cambodia, according to an inter-ministerial meeting on 28 December. The new draft law is designed to revise the content of 48 old articles and add some new ones to align with Cambodia's development, especially on road development, including road widening, and expressway constructi...
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How to check the validity of real estate sale & purchase agreement ?
- 29 December 2022
According to Civil Code 2007, the sale and purchase of real estate must be made in three forms such as (1). Contract Written by Notary, (2). Contract Sealed by Commune, Sangkat or City, District, Khan Administration, (3). Contract Certified by Notary. (Read more) However, for real estate developers, the agreement can be quite different especially when the case involves instalments and a down p...
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Gov’t Establishes Five New Cities & Districts in Three Provinces
- 26 December 2022
The Cambodian government has established five cities and districts in Kandal, Kampong Speu and Kratie provinces, according to Sub-Decree No. 269, 270, 271 and 272, dated on 23 December. The first new city is Sampov Loun in Kandal province with five communes including Chheu Khmao, Prek Chrey, Prek Speu, Chroy Takeo and Sampov Poun. The administrative location of Sampov Loun municipality is in S...
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300 trust transactions worth over US$426m recorded in Cambodia as of Dec 2022
- 19 December 2022
As of 16 December, 2022, 300 administrative transactions with an estimated capital of US$426 million have been registered at the Trust Regulator, according to an official meeting on 16 December. The number of registrations has increased significantly, from 17 cases to over 300 cases, reflecting the rapid growth of the Cambodian trust sector. The 2019 Trust Law is enforced to set out rules ...
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Gov’t Allocates Nearly 600ha of Land to Jarai Indigenous Community in Ratanakkiri
- 14 December 2022
The government has allocated nearly 600 hectares of land for the Jarai indigenous community in Patang village, Sasan commune, O'Yadao district, Ratanakkiri province, along with granting ownership to each family. According to Sub-Decree No. 222 on 24 October, the land was allocated from two locations. 189 hectares is from the forest protection zone and the other 401 hectares is from the economi...
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Gov’t Enforces Regulations on Pawnshop Businesses
- 8 December 2022
The Real Estate and Pawnshop Regulatory Authority requires the owners of companies and enterprises licensed to conduct mortgage and pawnshop businesses to use the new monthly and annual financial statements from 1 January 2023 onwards. According to the announcement of the real estate regulator and mortgage on 14 November2022, all company and enterprise owners are required to report their finan...
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Gov’t to Issue EV Development Policy; EV Usage Up 1153% Y-o-Y
- 7 December 2022
The government has set up nine inter-ministerial working groups, institutions and other key development partners to gather input on the draft of the electric vehicle (EV) development policy. According to a workshop on 5 December, the policy aims to build a larger network of EV charging stations and encourage further usage of EVs in Cambodia. HE Pov Maly, Secretary of State of the Ministry ...
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Gov’t Sets New Guidelines for Selecting Public-Private Partnership Projects
- 1 December 2022
The Cambodian government has set out a number of key principles for identifying and selecting public-private partnership projects. According to the workshop on "Joint Operations Management Procedures for Public-Private Partnership Projects" on 28 November, the guidelines will help identifying priority projects through a standard approach. Mr. Chhim Sochrasmey, Director of the Project Devel...
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Ministry of Justice to Launch Commercial Court in 2023
- 30 November 2022
The Ministry of Justice plans to launch Cambodia's first commercial court in 2023 to resolve trade disputes and to build confidence for both local and foreign investors in Cambodia. The Ministry of Justice, in collaboration with the Asian Development Bank in Cambodia, organised a symposium on "Establishment of the Cambodian Commercial Courts" on 29 November with the participation of government ...
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