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ខ្មែរ Policy and Strategy
IMF: World to Gain Nearly US$78 Trillion Over Coming Decades by Making Energy Transition
- 15 June 2022
In the upcoming decades, the world will gain US$77.89 trillion by replacing coal with renewable energy, according to a publication of the International Monetary Fund (IMF) on 8 June 2022. The net gain of this transition presents represents around 1.2% of the current world GDP every year until 2100. The IMF added the amount of money calculated for the cost of replacing coal with renewables, a...
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Cambodia Hosts 25th Mekong Subregion Transport Forum
- 15 June 2022
The Mekong Sub-Region Transport Forum was held in Siem Reap province, Cambodia, where representatives of the Mekong sub-region member countries discussed certain topics of cross-border trade, railway development, and logistics improvements. The forum was organised by the Ministry of Public Works and Transport, chaired by Secretary of State HE Trac Thai Sieng, and was attended by a total of 128 ...
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MME Urges Implementation of Two Major Clean Energy Efficiency Projects
- 10 June 2022
The Ministry of Mines and Energy (MME) has announced the implementation of two projects, including an energy efficiency project for Royal Government buildings and a pilot project to supply electricity to villages without electricity through a solar power system connected to a small power supply network. This is according to the dissemination workshop on 09 June 2022, chaired by HE Dr Ty Norin, ...
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MEF Cooperates with KDI Studying Cambodian Real Estate Market Risk
- 9 June 2022
The Ministry of Economy Finance (MEF) in cooperation with the Korean Development Institution (KDI) has been studying to form a policy for checking Cambodian real estate risk to assess real estate and construction market risk in Cambodia, according to a discussion workshop on 26 May 2022. This study project has been launched on 1 April 2022 under the Knowledge Sharing Program (2021-2022). Acc...
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Koh Kong to Distribute Land Titles to People Under Union Development Land Exchange
- 8 June 2022
The Koh Kong Provincial Administration will distribute land titles to people who have received compensation from Union Development Co Ltd in Ta Noun and Thmor Sor communes, Botum Sakor district, Koh Kong province. According to the announcement of the provincial administration issued on 08 June, the villagers in Thmor Sor and Ta Nuon communes, Botum Sakor district, Koh Kong province, who own the...
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NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
- 7 June 2022
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held on June 6 in the presence of H...
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Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
- 7 June 2022
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and Finance, and Cordula Rastogi, World Bank’s Se...
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GDT implements real estate surveys in provinces
- 3 June 2022
The General Department of Taxation is conducting a property survey in Siem Reap province after completing tax services to property owners in 14 districts of Phnom Penh and some provinces, including Kandal, Battambang and Banteay Meanchey. Real estate surveys are essential to gather information for the modernization of taxpayer services by paying taxes at partnered banks that have signed a memor...
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PM Hun Sen: China Contributes Importantly to Developing Transport Infrastructure & Power
- 30 May 2022
Cambodian Prime Minister Samdech Techo Hun Sen said that China is the major contributor to the development of transport infrastructure and the electricity sector in Cambodia. Speaking at the Forum on Future of Asia held on 27 May, Samdech Techo Hun Sen said that more than 3,000 km of roads and large-scale bridges have been built under Chinese financial support. Chinese-invested hydropower p...
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Samdech Techo Hun Sen Promotes Law-Based Trading System for Sustainable Development
- 30 May 2022
Samdech Techo Hun Sen, Prime Minister of Cambodia, has urged Asia to open up its trade system and international law-based trading system, which is the highest value for ensuring sustainable global development. The PM made the remarks at the international conference on the future of Asia, held on 27 May. The RCEP pact is the best example of an open, inclusive, and rules-based trading system, ...
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