Laws and Regulation
Government Issues Three Emergency Measures to Prevent 2nd Wave of COVID-19
The government and relevant ministries enforced three major emergency measures on 08 November, including the temporary closure of entertainment venues, the suspension of educational institutions and a ban on gatherings at the Olympic Stadium to prevent the spread of COVID-19. The closure of entertainment venues includes KTVs, entertainment clubs, cinemas and museums across the country from toda...
Read MoreWhat are the Procedures to Register Private Units in Co-owned Buildings?
The term ‘co-owned building’ refers to a building or construction in which many co-owners live together, such as condominiums, attached houses, detached buildings, semi-detached buildings, and other kinds of buildings with a shared structure. Given the multiple owners, the procedure for registering ownership is also different from normal property registration. What are the procedures to registe...
Read MoreLet’s Find Out! EP50: What types of construction require a fire prevention and extinguishing system?
<div class="youtube"> https://www.youtube.com/watch?v=PFDTUvaasYE </div> According to the Fire Department, there were 429 fire incidents in Cambodia in the first six months of 2020, an increase of 78 cases compared to the same period in 2018. In response, the government has thus far enforced a number of laws and regulations to control, prevent and address this issue, especiall...
Read More302 hectares of Land in Takhmao to be Integrated into Phnom Penh
Over 300 hectares of land in Takhmao town of Kandal province will be integrated into Dangkor district of Phnom Penh, to address the land impact and facilitate the implementation of the Boeung Tumpun and Boeung Choeung Ek satellite cities, according to the Notice No. 914, dated October 19. The Five villages of Takhmao town includes Stung Chrov village, Prek Tapov village (Doeum Mean commune), Pr...
Read MoreInfrastructure Development Sector Receives Third Largest National Budget Allocations
The Cambodian government has approved US$8.1 billion for 2021 public expenditure in 2021, of which infrastructure development sector received the third largest. According to outcome statement of the meeting chaired by Prime Minister Hun Sen, the Ministry of Public Works and Transport (MPWT) is at the top three receiving the most budget after the Ministry of Education, Youth, and Sports and the ...
Read MoreGDT Postpones Capital Gains Tax Collection to 2022
The General Department of Taxation (GDT) has decided to postpone the start of capital gains tax collection from 01 January 2021 to 01 January 2022 to give more time for taxpayers to learn and adjust, according to a GDT announcement on October 22. The decision was made based on a letter from the Ministry of Economy and Finance that was approved by Prime Minister Samdech Hun Sen on 09 October. ...
Read MoreLet’s Find Out! EP48: To What Extent Can Foreigners Acquire Ownership of Co-owned Property?
<div class="youtube"> https://www.youtube.com/watch?v=dUeZCFeV7Qk </div> To facilitate the business environment and foreign investment in Cambodia, especially in the construction and real estate sectors, the Cambodian government has established a law regarding foreign ownership of co-owned buildings. To what extent can foreigners acquire ownership of co-owned buildings? Sub...
Read MoreTo What Extent Can Foreigners Acquire Ownership of Co-owned Property?
To facilitate the business environment and foreign investment in Cambodia, especially in the construction and real estate sectors, the Cambodian government has established law regarding foreign ownership of co-owned buildings. To what extent can foreigners acquire ownership of co-owned buildings? Co-owned building refers to building or construction in which several co-owners live, such as co...
Read MoreCambodia, Korea Discuss Sea Transport Agreement
Cambodia and South Korea are currently discussing a new sea transport agreement to reduce legal red tape and boost bilateral trade. The discussion was held on 12 October under the chairmanship of Secretary of State of the Ministry of Public Works and Transport (MPWT) HE Ros Vanna. HE Ros said that both parties are reviewing the approved model of the agreement and will amend it if necessary f...
Read MoreMPWT Discussing Port Draft Law to Boost Water Logistics
The Ministry of Public Works and Transport (MPWT) and other related institutions are discussing and reviewing the port draft law, aiming to enhance and control the water logistic system in Cambodia. The meeting was held on 14 October and chaired by Minister of Public Works and Transport HE Sun Chanthol. The main purpose of the meeting was to review the definition of each article and amend th...
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