MEF Unveils Tax Relief Measures to Revitalize Tourism for Hospitality Business in 5 Provinces

To rejuvenate the tourism sector, the Ministry of Economy and Finance (MEF) has introduced tax incentives for tourism enterprises operating in five key provinces. According to the recent Prakas No. 119 MEF.PrK.PD issued on 8th February 2024, eligible businesses, including hotels, guesthouses, restaurants, and travel agencies, are set to benefit from these measures. This intervention […]

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SATO KOGYO Secures Contract to Build World’s Largest Mine-Shaped Museum in Siem Reap

The project to construct the world’s largest mine museum in Siem Reap, along with a training facility at the Technical Institute for Mine Action in Kampong Chhnang, has officially entered the construction phase. The construction agreement was formalized through a signing ceremony between the Japanese company SATO KOGYO CO., LTD and the Cambodian Mine Action […]

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Banyan Group Unveils Ambitious US$2bn Luxury Residential Project in Phuket Amid Real Estate Resurgence

In a strategic move to capitalize on the resurging demand in the post-COVID-19 real estate landscape, Singapore-based Banyan Group has declared plans to construct the largest luxury residential venture on the pristine shores of Phuket, Thailand. As reported by Asia Nikkei on 1 February 2024, the US$2 billion Laguna Lakelands project is poised to set […]

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Expanding Coastal Charm: Kampot Plans Two New Beaches Following ASEAN Clean Tourism City Award

In the wake of clinching the prestigious 4th ASEAN Clean Tourism City Award in 2024, the Kampot provincial administration is unveiling ambitious plans for further development. According to the Kampot Provincial Information Department on February 15, 2024, the provincial authorities aim to create two additional beaches, marking a significant step in enhancing the region’s tourist […]

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Coastal City Development Group Unveils Ambitious Plans for State-of-the-Art Theme Park in Koh Kong Province

Coastal City Development Group Co., LTD has announced its intention to invest in a cutting-edge theme park situated in the idyllic locale of Koh Sdach commune, Kirisakor district, Koh Kong province. The proposal, disclosed through an official statement on the Facebook page of Mr Ouk Pheaktra, Deputy Governor of Koh Kong Province on 8 February […]

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Cutting-Edge 3D Museum Coming to Siem Reap with French Technology

Immersive Angkor Legacy Co is set to revolutionize cultural experiences in Siem Reap with the introduction of state-of-the-art technology from France, bringing a 3D museum to life. The project, slated for opening in 2025, aims to immerse visitors in a digital realm of Cambodian heritage. In a meeting between His Excellency Prak Sophoan, Governor of […]

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Angkor Temples Propel Cambodia’s Tourism Revenue to Over US$5.4m in January 2024

In the inaugural month of 2024, Cambodia witnessed a surge in revenue from Angkor ticket sales, reaching an impressive US$5,498,054. This substantial income was generated from 115,532 foreign tourists, reflecting a remarkable 50.90% increase compared to the same period in 2023. The Angkor Institute’s report, released on 1 February 2024, highlighted the robust revenue growth, […]

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US WMF Restores Glory & Hands Over Three Angkor Temples Upon Maintenance Completion

In a momentous ceremony marking the 35th anniversary of its mission, the United States World Monument Fund (WMF) officially handed back three meticulously restored Angkor temples to the Apsara Authority. Presided over by Dr Pheung Sakona, Minister of Culture and Fine Arts, the handover on 26 January 2024, signifies the successful completion of extensive restoration […]

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Song Saa Private Island Achieves Pinnacle Status as First Cambodian Island Hotel on Prestigious 2024 Gold List

In a remarkable triumph for Cambodian hospitality, Song Saa Private Island, nestled in the pristine Rong archipelago off the southwest coast, has been crowned the world’s best hotel, earning a coveted spot on the esteemed 2024 Gold List. The announcement, made via the Facebook page of Samdech Hun Manet, Prime Minister of Cambodia, on 26 […]

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Tonle Snguot Park: A Transformative Oasis Unveiled in Tbong Khmum Province

The Ministry of Environment unveiled its ambitious plans for the Tonle Snguot Park in Thnal Keng village, Preah Theat commune, Ou Raing Ov district, Tbong Khmum province. The 14-hectare dry river area is set to undergo a remarkable transformation into a haven for tourists. The groundbreaking ceremony was presided over by HE Eang Sophalleth, Minister […]

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