Extended Savings: Expressway Company Announces 20% Discount Continuation for ETC and ANPR Users
In a generous move to support its users, the expressway company has declared an extension of the 20% discount for a further six months exclusively for ETC and ANPR users, a decision that underscores the company’s commitment to fostering economic growth and promoting the transport sector in Cambodia. This announcement, made on 24 April 2024, […]
K Mall Prek Thnoat: Pioneering a New Retail Experience Near Techo International Airport
Urbanland, a leading Cambodian real estate developer, officially commenced construction of the eagerly anticipated K Mall Prek Thnoat on Thursday, 25 April 2024. This groundbreaking event heralds the start of a visionary project set to redefine community shopping near the burgeoning Borey Chankiri on NR 2, promising a blend of convenience and lifestyle retail experiences. […]
Penalty-Free Property Registration Deadline Announced
The General Department of Taxation has declared a grace period for owners of unregistered or outdated immovable properties, offering an exemption from administrative penalties, including surcharges and interest, provided they complete their registration or update their property information by the end of June 2024. This directive, issued in a press release on 25 April 2024, […]
Land of Opportunity: Cambodia’s Strategic Initiative to Distribute 1,507 Hectares to Veterans and the Needy
In a landmark move, the Cambodian has earmarked two expansive land concessions totaling 1,507 hectares in Kampot province for distribution among former armed forces personnel and impoverished families, as part of a concerted effort to address social inequality. This initiative was unveiled during a pivotal meeting on the “Campaign to update the work and check […]
Cambodia-China Bilateral Trade Surges to US$10 Billion, 4.6% Up, in the First 10 Months of 2023
Cambodia’s trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE ZHANG Qingli, Vice Chairman of the […]
Cambodian Real Estate Sector Maintains Stability Amidst Tensions in Q1 2024
The first quarter of 2024 has seen the Cambodian real estate sector maintaining a stable trajectory, with no significant shifts in tension but also no substantial new growth. According to the latest Market Insights Q1 2024 report by CBRE Research, published on April 11, 2024, the office building sector recorded an occupancy rate of 62.2%, […]