Policy and Strategy
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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Raising Property & Wealth Tax Could Speed Up Pandemic Recovery, says ADB Blog
Cambodia and other countries in the Asia-Pacific should raise tax collection, in particular on the tax on property and wealth, to speed the economic recovery once the pandemic ends, according to the Asian Development Bank (ADB) blog. In the article entitled ‘How governments can use tax policy to speed pandemic recovery’, the authors suggested that taxing […]
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NagaWorld Temporarily Suspends Operations after 11 Employees COVID-19 Positive
NagaCorp announced on Monday 01 March that the firm has voluntarily suspended operations after 11 of their staff tested positive for COVID-19. According to the firm’s announcement, 3000 employees were tested by the Ministry of Health (MoH) on 27 February, and 11 were found positive. The main objective of the suspension is in response to […]
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Gov’t to Enforce Nationwide Measures on Public Road Encroachment with New Sub-decree
The Ministry of Public Works and Transport is speeding up discussion and revision of the draft sub-decree on land management along public roads and railways to put the sub-decree into effect as soon as possible. Secretary of State for Public Works and Transport (MPWT) HE Lim Sidenin said at the meeting on 23 February that […]
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Huge New Affordable Housing Project Proposal Under Review in Kampong Chhnang
A huge new affordable housing project proposed for Kompong Chhnang city is currently under review by the Ministry of Land Management, Urban Planning and Construction. The proposed 22-hectare site is located in Phsar Chhnang commune in Kampong Chhnang city and was recently inspected by the technical team led by Director of the General Department of […]
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Cambodia’s Construction Sector Investment Value US$60.8 billion since 2000
In the past two decades, the construction sector has the major backbone of Cambodia’s economic growth, with the investment value reaching over US$60.8 billion, according to Minister of Land Management, Urban Planning and Construction HE Chea Sophara. During the 2nd Public-Private Forum on Cambodia-Japan Urban Development held on 16 February, HE Chea Sophara said that […]
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