Policy and Strategy
Three Cambodian Institutions Shine in Energy Efficiency Awards for Commercial Buildings
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 […]
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Mondulkiri Authorities Launch Extensive Crackdown on Illegal Mining with 56 Sites Targeted
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 resources, […]
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Cambodian Gov’t Extends & Expands Real Estate Tax Incentives Through 2025
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 […]
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
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 […]
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Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
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 […]
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Thailand Pitches “6 Countries, 1 Goal” Initiative to Boost ASEAN Tourism
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 […]
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Cambodian Gov’t to Cease Border Infrastructure Fund Donations by 31 October After Raising Over USD 26m
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, […]
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Gov’t Pushes for Railway Expansion MoU by Year-End
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 […]
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Ministry of Land to Launch Housing Data Management System for Affordable Housing Planning
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) of Cambodia is set to establish a comprehensive housing data management system aimed at analyzing and planning housing supplies for low- and middle-income citizens, as announced by HE Seng Thany, Undersecretary of State, on 10 October 2024. The announcement was made during a workshop on […]
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Cambodian Gov’t Extends Stamp Duty Exemption on Homes Up to USD 70,000 Until End of 2025
The Ministry of Economy and Finance has announced an extension of the stamp duty exemption for transferring ownership or possession of all types of borey housing valued at USD 70,000 or less, continuing this benefit until the end of 2025. This initiative aims to stimulate the real estate market by offering substantial tax relief to […]
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