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ខ្មែរ Policy and Strategy
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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Cambodian Gov’t Extends & Expands Real Estate Tax Incentives Through 2025
- 6 November 2024
The Cambodian government has extended and increased tax incentives for property developers and owners until the end of 2025 to ease financial burdens on housing developers and enhance the country’s property market. Announced by PM Hun Manet on 4 November 2024, these extended tax incentives are designed to encourage ongoing investment and growth in Cambodia's real estate sector, promoting sustai...
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
- 5 November 2024
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of Battambang and Kampong Ch...
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Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
- 26 October 2024
The Cambodian government has approved a 2025 budget bill totaling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut came as part of a strategic approach to economic planning. It was endorsed during a cabinet meeting chaired by PM Samdech Hun Manet on 25 October 2024, according to an officia...
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Thailand Pitches “6 Countries, 1 Goal” Initiative to Boost ASEAN Tourism
- 23 October 2024
Thailand has proposed a groundbreaking tourism initiative named "6 Countries, 1 Goal" to strengthen collaboration and tourism flow within the ASEAN region. The proposal, aimed at creating seamless travel experiences across Brunei, Cambodia, Laos, Malaysia, Vietnam, and Thailand, was discussed during a meeting on 21 October 2024 between Mr Dusit Menapan, adviser to the Thai Foreign Minister, and...
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Cambodian Gov’t to Cease Border Infrastructure Fund Donations by 31 October After Raising Over USD 26m
- 22 October 2024
The Cambodian government has announced that it will stop accepting donations for its Border Infrastructure Fund after raising over USD 26.33 million from nearly 700,000 donors to support the construction of a border ring road. The funding effort, which aims to enhance border infrastructure and strengthen national development, will officially conclude on 31 October 2024, according to a statement...
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Gov’t Pushes for Railway Expansion MoU by Year-End
- 16 October 2024
The Cambodian government has set a firm deadline for a memorandum of understanding (MoU) on the railway expansion project to be finalized before the end of 2024, as announced by Samdech Hun Manet, PM of Cambodia, during the celebration ceremony marking the 20th anniversary of Cambodia's accession to the World Trade Organisation on 14 October 2024. The PM urged the Ministry of Public Works and T...
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