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ខ្មែរ Laws and Regulation
Tycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong
- 16 September 2024
The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from Stung Meteuk Hydropower's failure t...
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South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector
- 13 September 2024
Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of Korea. Mr. Oh Chang-seok highlighted t...
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GDT Sets Property Tax Deadline for 30 September 2024
- 2 August 2024
The General Department of Taxation (GDT) has reminded all property owners to fulfil their property and land tax obligations by 30 September 2024. The announcement, made on 31 July 2024, , emphasises the critical importance of meeting this deadline to ensure a smooth tax collection process. To facilitate efficient tax payments, the GDT encourages property owners to comply promptly. Taxes can be ...
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Cambodian Senate Approves Landmark Air Transport Law to Boost Aviation Sector
- 1 August 2024
In a significant move to bolster Cambodia’s aviation industry, the Senate has unanimously approved the draft law on international air transport. The approval, achieved with 56 out of 56 votes during the extraordinary session of the Senate of the 5th legislature, was held under the chairmanship of Samdech Techo Hun Sen on 31 July 2024. The newly approved law aims to establish a robust legal fram...
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The Gov’t Establishes Special Task Force to Expedite Tax Audits
- 1 August 2024
In a decisive move to enhance the business and investment environment, the Cambodian government has established a special tax audit unit under the General Department of Taxation of the Ministry of Economy and Finance. This unit aims to expedite the resolution of tax audit issues and ensure compliance with existing laws and regulations. The decision was formalised through a sub-decree on 16 July 20...
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MLMUPC Issues Procedures for Registration of Private Sectors of Co-Owned Buildings Built Before December 19, 1997
- 29 July 2024
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) has established new procedures for registering the private sections of co-owned buildings constructed before December 19, 1997, to safeguard legal property rights of occupants. This initiative is outlined in Prakas No. 050 ដនស/ប្រក/ក.ក.ច, dated 19 July 2024. The Prakas addresses co-owned buildings built before December 1...
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Gov’t Prepares Roadmap for River Port Business Linked to Sea Route
- 17 July 2024
The Cambodian government is developing a comprehensive plan to manage the river port business connected to sea routes, spanning from 2025 to 2033. The Ministry of Economy and Finance has announced that they are crafting a draft framework aimed at improving and overseeing the river port business and its maritime connections. This initiative is expected to bolster Cambodia's economic growth and r...
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Gov’t Calls on Capital-Provincial Governors for More Drug Rehabilitation Centres in Cambodia
- 15 July 2024
HE Dr Sar Sokha, Deputy PM and Minister of Interior has urged capital-provincial governors to attract and support private investment projects for the establishment of drug addiction rehabilitation centres in Cambodia. This statement was made at the inauguration ceremony of His Excellency Pen Kosal as the new Governor of Tbong Khmum Provincial Board of Governors on 11 July 2024. During the cerem...
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Cambodia Launches Ambitious Electric Vehicle Development Policy with Nearly 3,000 Vehicles Registered
- 15 July 2024
The Government of Cambodia has launched the National Policy on the Development of Electric Vehicles Cambodia 2024-2030, with nearly 3,000 electric vehicles currently registered, according to the Ministry of Public Works and Transport on 25 June 2024. The policy aims to promote and guide the growth of the electric vehicle sector in Cambodia, featuring specific measures and clear mechanisms to be...
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Cambodian Gov’t Drafting Law to Regulate Railway Land & Prevent Misuse
- 10 July 2024
The Ministry of Public Works and Transport is actively drafting a sub-decree to regulate railway crossings and land use, aiming to mitigate congestion and facilitate development. This initiative was discussed during a meeting held by the Ministry of Public Works and Transport on 4 July 2024, attended by ministry leadership and a technical working group. The primary objective of the sub-decre...
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