Legal Updates for September 2016

Cambodia has Acceded to the Patent Cooperation Treaty as the 151st Member

Since 8 September 2016, Cambodia has acceded to the Patent Cooperation Treaty ("PCT") and became the 151st member of the PCT. This Update summarises the key points of the PCT.

MEF Releases New Prakas on Residential Development Business

On 24 August 2016, the Ministry of Economy and Finance issued Prakas No.965 on the Management of Residential Development Business (“Prakas No.965”) to substitute its previous Prakas on Real Estate Development Business - the Prakas No.1222 dated 15 December 2009. This Update summarises the key changes to the residential development business in Cambodia under the Prakas No.965.