Policy and Strategy
Hotels in Siem Reap exempted from tax for 4 months
The government has decided to exempt all kinds of monthly taxes for hotel owners, and guesthouses in Siem Reap for four months, from February to May 2020, as a counter policy to the tourist slowdown caused by COVID-19 outbreak. Announcing the measure at a press conference on the morning of 24 February 2020, Prime Minister […]
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No sand exports since 2017, says Mines Ministry
The Ministry of Mines and Energy has claimed that there have been no exports of sand from Cambodia since 2017 due to both environmental issues as well as the increase in domestic demand given the current construction sector boom. The claim comes in response to research done by the University of Southampton in the UK, […]
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CCA to organise oversea business tours for members
The Cambodia Constructors Association is planning to organise oversea business tours for members to seek further business opportunities and broaden networks with foreign business partners. According to CCA Secretariat General Manager Mr Chhiv Sivpheng, the association is working on the details with partners, and is hoping to host the trip within this year. “Currently, we […]
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S. Korea grants Cambodia US$700 million loan for 10 development projects
South Korea has agreed to grant an additional loan of US$700 million to Cambodia for 10 development projects for implementation from 2019 to 2023, according to Samdech Techo Hun Sen, Prime Minister of Cambodia. During his meeting with Cambodian citizens in South Korea on 3 February 2020, Samdech Hun Sen said that from 1996 to […]
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Cambodia construction sector to slow down in 2020, say experts
Despite ongoing GDP growth, local leading real estate analysts foresee that the construction sector in Cambodia will see a slight slowdown in 2020 due to three significant factors. Given the current economic situation, experts came up with three primary factors being the causes of a real estate slowdown in the kingdom including the outbreak of […]
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Ministries vow to resolve stamp tax jam
The Ministry of Economy & Finance and the Ministry of Land Management, Urban Planning and Construction have agreed to resolve the slow process of land title transfers and registration under the zero-percent stamp tax category, following more than 13,000 documents having been stuck at the tax administration. According to a press release from the General […]
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10-year master plan to transform Kep into a ‘relaxation and high-end tourist destination’
The Ministry of Tourism is currently drafting a 10-year master plan that will transform the coastal province of Kep into a ‘relaxation and high-end tourist destination’. The Kep provincial administration organised a meeting on 11 December to discuss the strategy for the tourism master plan for Kep to become a relaxation and high-end tourist destination’ […]
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AGT too expensive, gov’t explores two alternative transportation projects
The government is currently exploring two alternative transportation projects after the recently studied AGT railway was deemed too expensive, according to H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport. Speaking to the media during the 4 December Urban Mobility Forum, H.E Sun Chanthol said “we are studying subway projects and monorail […]
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Cambodia Seeks Japan’s aid on Infrastructure Development
Cambodian government through the Ministry of Public Works and Transports has asked Japanese government to help development the main projects in the sector of infrastructure, particularly building railway system in Phnom Penh and other projects in provinces. The appeal was made during a recent meeting between H.E. Sun Chanthol, Senior Minister and Minister of Public […]
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Chinese Premier Li Keqiang pledges to support development of Sihanoukville
Chinese Premier H.E Li Keqiang has pledged to support the development of Sihanoukville amid massive development made by Chinese investors. The commitment was made at a meeting between Samdech Techo Hun Sen, Prime Minister of Cambodia and H.E Li Keqiang on the sidelines of the 35th ASEAN Summit held in Bangkok. According to a Facebook […]
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