Governor Pledges to Solve Flooding Issue in Sihanoukville

Following widespread video and photos posted on Facebook on the flooding issue in Sihanoukville, Provincial Governor H.E Kuoch Chamroeun told residents on 05 August to stop blocking natural waterways to avoid more floods. Heavy flooding on from 10 pm on 03 August until 7 am on 04 August 2019, caused difficulties and damage to many properties and made transport by motorcycle difficult. In res...

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Industry Ministry Orders Suspension of Water Supply for Illegal Constructions

The Ministry of Industry and Handicrafts issued a directive letter on 01 August informing its lower authorities to suspend the water supply for any kind of construction site found to be illegal, a move that aims to ensure the life, property, and safety of the people. The direction is for all departments of the Ministry of Industry and Handicrafts, water supply authorities, and private water sup...

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Phnom Penh to see a significant increase in strata-title offices

With a decrease in supply of centrally-owned office space, Phnom Penh is to see a significant increase in strata-title offices over the next few years as more international developers are entering the market, according to an international real estate agent. Speaking by telephone with Construction & Property Magazine on 19 July, Mr James Hewson, manager of international real estate agent CBR...

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Samdech Sar Kheng tells residential owners to report their foreign tenants

In a bid to control the presence of foreigners living in Cambodia, the Deputy Prime Minister has told all residential property owners to report their foreign tenants. The directive was made after some owners have not understood their obligations and have not complied with the law. In a letter signed on Friday by Samdech Krolahom Sar Kheng, Deputy Prime Minister and Interior Minister, both fo...

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Social Protection Sought for Construction Workers

Workers in the construction sector are seeking social protection through the National Social Security Fund (NSSF) like workers in other sector receive, citing that construction work is considered a high-risk risk job compared to other jobs. In the World Health and Safety 2019 meeting held on 29 April, a group of construction workers and worker unions pushed the government to consider constructi...

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Key Advantages to Using a Property Management Company to Manage Your Cambodian Real Estate Assets

Appointing a skilled property management company can significantly add value to your real estate portfolio while reducing the time and costs spent on having to manage the administrative, legal and technical issues associated with owning them. The recent completion of numerous real estate developments in Cambodia over the past few years has given rise to some interesting questions about how and ...

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Affordable Housing for Garment Workers Planned

The Ministry of Labour and Vocational Training has held discussions with the private sector on the possibility of building affordable housing for garment workers and for them to pay through installments at a similar rate as they currently pay for rented accommodation. H.E Ith Samheng, Minister of Labour and Vocational Training said the ministry is seeking private sector support to invest in bui...

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GDT Prepares to Impose New Tax Base for Stamp Duty

The General Department of Taxation (GDT) has been preparing to impose new tax base for stamp duty on property transfer through the launches of a series of seminars, according to a recent press release. The preparation came to impose new tax base came after the Ministry of Economy and Finance (MEF) issued a Prakas on 22 March 2019 regarding the new tax base rate for property transfer ‘stamp duty...

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Government Approves Three Electricity Plants

Sample photo by GE.com The government approved three electricity projects on 05 April 2019 in Pursat and Kompong Chhnang provinces with an investment capital of more than US$347 million, according to the Government Spokesperson Unit. The government has permitted SPHP (Cambodia) Co., Ltd. to build the Pursat1 hydroelectric power plant which will have the capacity to generate up to 80 megawatt...

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Government Terminates Royal Group’s National Railway Contract

Sample photo by Kidskunst.info The Royal Government of Cambodia has decided to end the contract of Cambodia Royal Railway for the operation of Cambodia’s railway, according to an announcement by Samdech Techo Hun Sen, Prime Minister at the 18th ‘Government-Private Sector Forum’ held at the Peace Palace on 29 March 2019. “The Royal Government has decided to terminate the business of Royal Rai...

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