Policy and Strategy
Gov’t to Seize Back Over 260 Hectares of Illegally Owned Forest Land in Kampong Speu Province
The Kampong Speu provincial administration has officially decided to seize back over 260 hectares of illegally owned forest land in Aoral District as a state asset, according to the Kampong Speu Governor Vei Samnang. Governor Samnang said yesterday that the total area of land to seize back is 266 hectares and 9 plots. Those plots […]
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Provincial Administration Nationwide Speeding Up Construction of Cremation Sites for COVID-19 Fatalities
The provincial administrations of each province nationwide are building crematoriums within their own provinces to be ready in case COVID-19 fatalities occurs, as the number of cases associated with the February 20 community incident is surging. To date, according to information gathered by Construction & Property Magazine, those provinces that have already started the construction […]
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Pros and Cons of Buying a Foreclosed Property
Most investors are reluctant to buy foreclosed property as they do not want to deal with complicated court procedures despite the low price. However, buying a foreclosed property is not always complicated if you know how to analyze the property and follow the procedure well. A foreclosed property is a property that the original owner […]
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Strong Fiscal Support, New Trade Opportunities, Growth in FDI are Key Drivers for Cambodia’s Post-Pandemic Recovery
A special report by DHL researchers has expressed optimism that Cambodia will recover quickly from the pandemic crisis due to three main factors including ongoing fiscal support, new trade opportunities, and expected growth in FDI inflows. Published in the Business Times in early March, the report stated that the first driver of growth for Cambodia […]
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Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects
The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway. According to the virtual meeting between the three prime ministers on 10 March, the three nations […]
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Cambodia Should Simplify Institutional Red Tape for Effective Post-Pandemic Recovery, Says Analyst
To ensure a robust recovery from the COVID-19 crisis, Cambodia may need some institutional reforms. and reducing investment red tape should be the first step according to an international analyst. Strong political and social stability have been the selling points attracting more investment to Cambodia in the last two decades. However, fixing the complexity and […]
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Gov’t Temporarily Shuts Down Six Casinos in Kandal and reopens 26 properties in Phnom Penh
The Cambodian government has announced the temporary closure of six casinos in Kandal province after five people were found to be COVID-19 positive related to the February 20 incident, but also reopened 26 properties in Phnom Penh. The Kandal Provincial Administration on 09 March announced the closure of six casinos, including the Jinsakungfu Casino and […]
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Kandal Land Department Suspends Land Title Issuance Service for 7 Days
The Department of Land Management, Urban Planning and Construction of Kandal Province has suspended property ownership title and taxing related document issuance services for 7 days from 09 to 15 March 2021. The temporary suspension is due to the surge in the COVID-19 community outbreak and the order from Prime Minister Samdech Hun Sen last […]
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Kampot Administration Puts Travel Restriction on National Road 3
Kampot Provincial Administration has announced travel restrictions on National Road 3 at the border point of Prey Nob District of Sihanoukville and Teuk Chhou District of Kampot Province with maximum caution. Kampot Governor Cheav Tay said on 04 March that to prevent the spread of COVID-19, the provincial administration decided to close traffic between Kampot […]
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What Is Homeowners Insurance? How Does It Work?
Homeowners insurance is a form of property insurance that covers losses and damages to an individual’s house as well as other assets within. It also provides liability coverage against accidents in the home or on the property, according to Investopedia. A homeowner’s insurance policy in most of the case covers four kinds of incidents on […]
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