Laws and Regulation
CVEA Urges Government to Legislate Real Estate Brokers
Mr Cheng Kheng, chairman of board of directors of the CVEA. Photo Credit: La Reine The Cambodian Valuers and Estate Agents Association (CVEA) has recently urged the government to legislate real estate broker to help rid the market of a huge amount of ‘unqualified and ineligible’ real estate brokers currently operating in the kingdom. Mr Cheng Kheng, chairman of board of directors of the Camb...
Read MoreCCA joins workers minimum wage draft law seminar
The Cambodia Constructors Association (CCA) proposed that the labour ministry reconsider and include the topic of construction workers wages in the new law draft related to workers’ minimum wage during its attendance at the official seminar. The seminar was organised by the Ministry of Labor and Vocational Training on 10 April, where related officers from both government agencies and the privat...
Read MoreCCA helps educate construction business operators on workers’ safety
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) in cooperation with Cambodia Constructors Association (CCA) held a seminar on 27 March to help educate construction-related business operators about workplace safety using a newly-published safety handbook. Held at the MLMUPC office, the seminar was opened by the undersecretary of state H.E. Lao Tep Seyha and joined by mo...
Read MoreCCA support safety handbook for construction site workers
To ensure safety for workers and quality construction, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) is working on a safety handbook for construction site workers. The authority is planning to publish thousands of copies for delivery to all related-construction firms across the country. With over 100 construction firms as members, the Cambodia Constructors Association (...
Read MoreCCA attends IFAWAPCA meeting
The Cambodia Constructors Association (CCA) joined a special summit of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in Singapore late January 2018 for the 40th IFAWAPCA Mid Term Executive Board meeting. The nomination of the rapporteur for the term 2018 to 2019 was raised for discussion in the meeting. Relevant provisions in the structure and by-...
Read MoreProperty Tax Registration Service Field Study to Start 12 February
The General Department of Taxation (GDT) has urged all property owners in Phnom Penh to get their documents ready for the upcoming property tax registration and information update campaign which will start on 12 February. According to the official letter issued by GDT, officers will go to the field to collect data, survey, take photos, and talk to the property owners about their property status...
Read MoreLand Due Diligence Process
A. Objective: Why is it important to know your own objective? At a very outset of your due diligence (“DD”) process, it is imperative that you know your objective. Having concrete knowledge about your objective assists you in identifying your scope of work and set a clear direction for your activities. It allows you to be able to build your focus on the whole DD project. Without a clear idea of y...
Read MoreThe Different Forms of Rent Applicable to Commercial Leases in Cambodia
The commercial real estate market has growth significantly in recent years with the development of various commercial premises and the introduction or planned introduction of many international brands such as Shangri-La, Rosewood Hotels, Nike, Starbucks, Krispy Kreme, and Carl’s Jr. In this respect, it should be mentioned that there is no specific regulations covering commercial leases in Cambo...
Read MoreThe Power of the Court to Review the Rental Amount and Its Risk for Landlords and Tenants
During the term of a lease, both the landlord and tenant have a right to request for the court to review the rental amount if one of them considers that the circumstances have changed justifying an increase or decrease in the amount. We will see (i) that giving this power to the court may constitute a risk for the parties and (ii) that other options can be put in place for reviewing the rent in or...
Read MoreACF Summit Discusses Asean Standards
The 44th ASEAN Constructors Federation (ACF) Council Meeting met in September to discuss progress toward achieving ASEAN-wide construction standards. The ACF, which represents constructors in the South East Asian region, attended the summit chaired by the Singapore Constructors Association Ltd (SCAL) at the Mandarin Orchard venue, Singapore on 28 September, 2017. The one-day gathering provided ...
Read More
