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ខ្មែរ Policy and Strategy
PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
- 29 November 2024
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy's annual meeting, summarising 2024 results in November. PM Hun Manet clarified that breweries focused on export production will continue ...
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CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
- 29 November 2024
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and anytime, enhancing efficiency, reducing processing times, and ensuring greater transparency ...
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Ministry of Mines & Energy Embarks on Strategic Refinery Investments to Bolster Oil Supply
- 28 November 2024
The Ministry of Mines and Energy has unveiled plans to invest in refinery projects to secure a stable and sustainable oil supply for Cambodia, with projections to generate approximately USD 12.35 million in state revenue by 2024. During the ministry's annual meeting on 21 November 2024, HE Keo Rattanak, Minister of Mines and Energy, emphasized the importance of establishing strategic oil reserv...
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Cambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects
- 23 November 2024
Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalized through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of the withdrawal process. Des...
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Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus
- 20 November 2024
Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing the country’s sluggish economic growth and addressing rising household debt. The proposed changes, announced on Aseannow.c...
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Cambodia Enforces Nationwide Closure of Illegal Border Crossings to Combat Transnational Crimes
- 19 November 2024
The Cambodian Ministry of Interior has ordered the immediate closure of all illegal border crossing points nationwide, implementing stringent measures to enhance border security and address cross-border crimes. Effective 13 November 2024, the directive mandates provincial governors in border regions to enforce these measures, with accountability measures in place to ensure compliance. Under ...
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China Construction America Ordered to Pay USD 1.6bn Over Conflict of Political Interests
- 15 November 2024
A New York court has ordered China Construction America Inc. (CCA), a subsidiary of Chinese state-owned China State Construction Engineering, to pay USD 1.6 billion to BML Properties, the original owner of the Baha Mar casino resort in the Bahamas after the contractor was found to have committed "many acts of fraud" during its takeover of the project. The ruling marks a significant legal victory f...
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Cambodia Launches National Committee to Oversee Forest Protection Land Grant Program
- 15 November 2024
In a landmark effort to promote sustainable development, His Majesty King Norodom Sihamoni has signed a Royal Decree (No. នស/រកត/១១២៤/១៤១២) to establish a National Committee tasked with implementing the Forest Protection Land Grant Program. This initiative aims to provide social land concessions to homeless individuals and impoverished families for housing and agriculture while safeguarding f...
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Three Cambodian Institutions Shine in Energy Efficiency Awards for Commercial Buildings
- 9 November 2024
In a landmark event celebrating energy efficiency, three Cambodian institutions emerged as winners at the Cambodian Energy Efficiency Competition (CEE Comp) awards, hosted by the Ministry of Environment in partnership with Sevea Co., Ltd. on 4 November 2024. Ecole Paul Dubrule Tourism School in Siem Reap took the top prize, with the Lotus Green Team and Confluences following in second and third...
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Mondulkiri Authorities Launch Extensive Crackdown on Illegal Mining with 56 Sites Targeted
- 9 November 2024
In an intensive crackdown spanning just three days, from 3 to 5 November 2024, the Mondulkiri Provincial Department of Mines and Energy and other local authorities successfully intervened at 56 locations identified for illegal mining operations across Mondulkiri province. This major operation underscores Cambodia’s growing commitment to regulate mining activities and protect its natural resourc...
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