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A $3.1 million garment factory project in Takeo province to create more than 700 jobs

A $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50807925/a-3-1-million-garment-factory-project-in-takeo-province-to-create-more-than-700-jobs/

ABC: No shortage in capital for lending

CAMBODIA’s financial sector will not face a shortage of cash to lend to local enterprises and accelerate business anytime soon, according to Association of Banks in Cambodia (ABC) president In Channy. ...

May Kunmakara
https://www.phnompenhpost.com/business/abc-no-shortage-capital-lending

CDC okays 11 projects in January

The Council for the Development of Cambodia (CDC) in the first month of this year approved 11 investment projects worth over $43 million and that are expected to generate 7,854 jobs, it said via social media. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-11-projects-january

CDC announces slate of new investments totalling $16.2 million

The Council for the Development of Cambodia (CDC) has announced that four new projects worth a total of $16.2 million were approved over the weekend. ...

Tom Starkey
https://www.khmertimeskh.com/50809970/cdc-announces-slate-of-new-investments-totalling-16-2-million/

CDC approved 238 investment projects worth $8.2B last year

The Council for the Development of Cambodia (CDC) approved 238 investment projects worth a total of $8.2 billion last year, down 12 per cent from 2019, according to a CDC press statement. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approved-238-investment-projects-worth-82b-last-year

CDC okays 144 Japan projects worth $2.79B since ‘94 debut

The Council for the Development of Cambodia (CDC) has approved a cumulative 144 Japanese investment projects worth $2.79 billion since its inception in 1994, 66 of which are in special economic zones (SEZ) with $340 million in capital investment, it said in a press release. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-144-japan-projects-worth-279b-94-debut

Cambodia to make auto-rickshaws

Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-make-auto-rickshaws

New business activity ongoing despite Coronavirus challenges

Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...

Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/

CDC greenlights five projects worth $1.3B

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b

ABC, CMA set out six debt relief measures

The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures

Bank, MFIs operations go on despite lockdown

The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...

May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown

New investment projects of $2.2 billion licensed in Q1

The Council for the Development of Cambodia (CDC) awarded licences to 94 new investment projects with a registered value of $2.2 billion, during the first quarter of 2021, a 114 percent increase compared to projects approved during the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50850034/new-investment-projects-of-2-2-billion-licensed-in-q1/

New communes planned for ‘22 council election inclusion

The Ministry of Interior plans to establish new communes before the 2022 commune council elections to make it easier for local people to access public services.   ...

Lay Samean
https://www.phnompenhpost.com/national-politics/new-communes-planned-22-council-election-inclusion

Indian Embassy in Cambodia marks 75th Independence Day of India

The Embassy of India in Cambodia Sunday morning celebrated the 75th Independence Day of India, under the presidency of Ambassador Dr. Deyvani Uttam Khobragade. ...

Khmer Times Staff
https://www.khmertimeskh.com/50916314/indian-embassy-in-cambodia-marks-75th-independence-day-of-india/

Gov’t donates Covid aid to Vietnam

The government has provided medical equipment and financial aid to neighboring Vietnam to help curb the spread of Covid-19, which is currently running rampant there.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/govt-donates-covid-aid-vietnam

Dual citizenship ban for top office holders on way to King

The Constitutional Council of Cambodia (CCC) will seek a consultation with King Norodom Sihamoni on amendments to several articles of the Constitution which would mandate that the Kingdom’s top national leadership positions be filled by people solely in possession of Cambodian citizenship. ...

Voun Dara
https://www.phnompenhpost.com/national/dual-citizenship-ban-top-office-holders-way-king

Non-SEZ projects slide by nearly 30%

Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30

Battambang university to host national library branch on campus

A large national library on the campus of the National University of Battambang (NUBB) in Battambang province will be inaugurated next month to let students conduct more research on subjects and technical skills in areas such as agriculture and technology. ...

Nov Sivutha
https://www.phnompenhpost.com/national/battambang-university-host-national-library-branch-campus

CDC endorses 12 projects worth over $79M as of Aug 23

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 12 projects with capital investment of over $79 million this month as of August 23, which could generate a reported 4,048 new jobs. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-endorses-12-projects-worth-over-79m-aug-23

GDI prepares for arrival of Afghan refugees

The General Department of Immigration (GDI) on Monday had a meeting to discuss the procedure for the upcoming arrival of 300 Afghan refugees in Cambodia. ...

Yin Soeum
https://www.khmertimeskh.com/50926965/gdi-prepares-for-arrival-of-afghan-refugees/

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