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CDC approves seven projects in January

The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million. The figures were released by CDC throughout the month and calculated by The Post. The EU is scheduled to decide whether to keep or withdraw ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-january

Cambodia has 54 special economic zones, more to come

As of 2019, Cambodia has in total 54 Special Economic Zones, according to the Council for the Development of Cambodia. In 2019, the exports from Cambodia’s Special Economic Zones were US$2,688 million, up 27 percent compared to 2018, continued the source. ...

Khmer Times Team
https://www.khmertimeskh.com/50686294/cambodia-has-54-special-economic-zones-more-to-come

UAE firm sets sight on oil in Kingdom

Mubadala Petroleum, one of the UAE’s largest oil and gas companies, is looking for investment opportunities in the Cambodian oil sector, said a senior official at the Ministry of Mines and Energy. Mubadala Petroleum CEO Mazin al-Lamki expressed interest in investing in Cambodia’s oil sector ...

Thou Vireak
https://www.phnompenhpost.com/business/uae-firm-sets-sight-oil-kingdom

Council approves four investment projects worth $17.2 million

The Council for the Development of Cambodia (CDC) on Monday announced the approval of four investment projects worth some $17.2 million. These are set to create 1,490 jobs. Sun Awesome Garment Co Ltd is to establish a garment and laundry facility in Kampong Cham’s Prey ...

Hin Pisei
https://www.phnompenhpost.com/business/council-approves-four-investment-projects-worth-172-million

Educational reforms unveiled

Minister of Education, Youth and Sport Hang Chuon Naron said reforms to the education curriculum is aimed at raising its standards and quality to compete with countries in the region that exhibited better academic performance. In a lecture to trainee teachers at the National Institute ...

Ry Sochan
https://www.phnompenhpost.com/national/educational-reforms-unveiled

CDC okays investments worth over $83 million

Ten investment projects worth $83.7 million were approved by the Council for the Development of Cambodia (CDC) this week, it said in a press release said on Tuesday. The projects are anticipated to create some 4,744 jobs. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-okays-investments-worth-over-83-million

Draft law on accountability and abuse of government authority in the works: SCC

The Supreme Consultative Council drafted a law on the violation of duties, aiming to punish government officials, including those in the military, who infringe on their duty to serve the public or abuse their power to drive personal interests.    ...

Sun Mesa
https://www.khmertimeskh.com/50696109/draft-law-on-accountability-and-abuse-of-government-authority-in-the-works-scc

Oil deal expected with Canadian firm

The government and Canadian firm EnerCam Co will soon sign an oil exploration agreement for Block VIII in Preah Sihanouk province, a senior official at the General Department of Petroleum said on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/oil-deal-expected-canadian-firm

Kingdom becoming more self-reliant on vegetables

A senior official at the Ministry of Agriculture has called on more investment in the horticulture and subsidiary crops sector because the demand for vegetables in the country has increased nearly 1,000 tonnes per day. ...

Sok Chan
https://www.khmertimeskh.com/50726932/kingdom-becoming-more-self-reliant-on-vegetables/

Nearly US$8 million in investment projects licensed

Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC).​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50720897/nearly-us8-million-in-investment-projects-licensed/

MoU inked to promote local bourse

Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/

Nearly $70 million investment projects licensed, to create 5,000 jobs

Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/

State of Emergency draft signed into law

Acting Head of State Say Chhum yesterday signed the draft law on “State of Emergency” into legislation after the Constitutional Council of Cambodia unanimously approved it earlier this week, a decree obtained yesterday evening revealed. ...

Ben Sokhean
https://www.khmertimeskh.com/50718535/state-of-emergency-draft-signed-into-law/

Protest leader assistant to PM

The head of the youth group seen leading a protest outside the National Assembly in October – attendees of which brutally assaulted two opposition lawmakers – is an assistant to Prime Minister Hun Sen, according to a decree released online.​​​​​​ ...

Shaun Turton and Chhay Channyda
http://www.phnompenhpost.com/national/protest-leader-assistant-pm

Two investment projects approved by CDC to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/

Brakes put on auto imports

With the Covid-19 pandemic cutting into the global vehicle and parts manufacturing industry and transforming Cambodians’ spending habits, imports have seen a sharp decline this year. Cambodia imported $600.903 million worth of vehicles and parts in the first five months of the year, plunging 17.39 ...

Hin Pisei
https://www.phnompenhpost.com/business/brakes-put-auto-imports

Investors’ $14.4M projects approved

In just the first week of this month, the Council for the Development of Cambodia (CDC) approved three new investment projects worth more than $14.4 million. They are expected to generate 625 jobs. ...

May Kunmakara
https://www.phnompenhpost.com/business/investors-144m-projects-approved

Digitalisation ‘a key driver for small and medium businesses’

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

Sok Chan
https://www.khmertimeskh.com/50778833/digitalisation-a-key-driver-for-small-and-medium-businesses/

CDC okays five projects worth $121M

The Council for the Development of Cambodia (CDC) on December 4 said it had issued final registration certificates to five investment projects worth more than $121 million and which are expected to generate 1,334 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-worth-121m

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