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
Declaring a state of emergency is unlikely, PM says
Prime Minister Hun Sen said today that declaring a state of emergency will be unlikely as COVID-19 is under control. ...
Ben Sokhean
https://www.khmertimeskh.com/50710601/declaring-a-state-of-emergency-is-unlikely-pm-says/
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
More than $2billion in loans restructured from March
The banking sector saw loan restructuring of $2.16 billion covering 44,500 accounts as of June this year, according to a report from the Association Banks of Cambodia (ABC). ...
Sok Chan
https://www.khmertimeskh.com/50754440/more-than-2billion-in-loans-restructured-from-march/
GDI approves guidelines for residence registration
The Ministry of Interior’s General Department of Identification (GDI) has approved a guideline to pave the way for easier and faster residence registration and management. ...
Khmer Times Staff
https://www.khmertimeskh.com/50746697/gdi-approves-guidelines-for-residence-registration/
NBC head underscores value of women’s access to finance
Unlocking greater access to formal finance for Cambodian women will play a strategic role in the process of the Kingdom’s economic development, National Bank of Cambodia (NBC) director-general Chea Serey said on Monday. She said this at the Training on the Trainers (ToT) Programme on Financial ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-head-underscores-value-womens-access-finance
$2.7 million of investment welcome in times of need
Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...
Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/
Cambodia continues to draw FDI despite loss of EBA with another four investment projects worth $37.6 million
The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50776597/cambodia-continues-to-draw-fdi-despite-loss-of-eba-with-another-four-investment-projects-worth-37-6-million/
CDC gives nod to 13th beverage plant
The Council for the Development of Cambodia (CDC) on December 4 announced that it had issued a final registration certificate for Inter-Mattrid Beverage (Cambodia) Co Ltd’s $78 million brewery/beverage plant. ...
Thou Vireak
https://www.phnompenhpost.com/business/cdc-gives-nod-13th-beverage-plant
CDC okays new $13M projects
The government approved three projects worth a total of $13.5 million last week, bringing the total number of projects in the first three weeks of this month to nine with total investment value of $1.1354 billion, the Council for the Development of Cambodia (CDC) said ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-new-13m-projects