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
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/
CDC signs off on seven factories
The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories
$4.685 billion investment projects approved in 2022
The Council for the Development of Cambodia (CDC) approved fixed asset investment projects worth over $4.685 billion in 2022, up 7 percent as compared to a year before. ...
Chea Vanyuth
https://www.khmertimeskh.com/501216023/4-685-billion-investment-projects-approved-in-2022/
CDC approves $34.6 million worth of investment projects
Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/
An electric substation development project approved by CDC
A project to develop a substation and a 230-kilovolt high-voltage electricity transmission line from Kampong Cham province to Kratie province has been approved by the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501357096/an-electric-substation-development-project-approved-by-cdc/
FDI inflow to Cambodia increases by 7.7 percent in 2022 despite global uncertainty
Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501215425/fdi-inflow-to-cambodia-increases-by-7-7-percent-in-2022-despite-global-uncertainty/
Cambodia seeks partners for planned Mondulkiri airport
Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-seeks-partners-planned-mondulkiri-airport
Tax income collection accounts for 44% of yearly plan as of April
The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected almost $ 1.6 billion as tax income in the first four months of this year, accounting for 44 percent of the yearly target. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293298/tax-income-collection-accounts-for-44-of-yearly-plan-as-of-april/
3,748 new factories opened last year
Some 3,748 new factories were opened last year providing jobs for 147,000 workers but 59,000 others were left unemployed when 491 factories closed down. ...
Tith Kongnov
https://www.khmertimeskh.com/501247843/3748-new-factories-opened-last-year/
Report internet connection problems via MPTC speed test app - Chea Vandeth
Consumers can now use the MPTC Speed Test app, developed by the Ministry of Post and Telecommunications, to lodge immediate reports on the poor quality of internet connections to seek resolutions from the Telecommunications Regulator of Cambodia. ...
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Chinese arrivals to jump to 2M by 2020
Cambodian tourism authorities are formulating strategies to carve a larger share out of the Chinese outbound tourism market and have set a target of drawing over 700,000 Chinese visitors this year, and up to 2 million a year by 2020. ...
Sor Chandara
http://www.phnompenhpost.com/business/chinese-arrivals-jump-2m-2020
New travel app praised by tourism sector, ministry
The Kingdom’s software development sector is being seen as an increasingly important player in the country’s move to strengthen its tourism industry and provide visitors with the latest conveniences. Stephane Combre, a developer at To Do in Cambodia, said that the firm’s platform, launched in ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/new-travel-app-praised-tourism-sector-ministry
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
New traffic law could save money and lives, study says
Better laws and enforcement that require motorbike riders and children to wear helmets could save more than 500 lives and $100 million over the next six years, a new study says. The study, undertaken by the Asian Injury Prevention Foundation, says a new law now ...
Suy Heimkhemra
http://www.voacambodia.com/content/new-traffic-law-could-save-money-and-lives-study-says/1909680.html
Police make arrest, file complaints in Bavet strike
Police in Svay Rieng province on Tuesday arrested a garment worker for allegedly breaking a car window during a strike that turned violent in Bavet City the day before, and have filed complaints to the provincial court against two union representatives accused of defamation. The arrest ...
Aun Pheap
http://www.cambodiadaily.com/news/police-make-arrest-file-complaints-in-bavet-strike-57856/
His Excellency Chhieng Yanara, Minister Attached to the Prime Minister and Secretary General of the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) held a courtesy call with His Excellency Christian Berger, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Kingdom of Cambodia via video conference
On 19 October 2021, the Council for the Development of Cambodia issued a press release on His Excellency Chhieng Yanara, Minister Attached to the Prime Minister and Secretary General of the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) ...
Council for the Development of Cambodia
Imports from Thailand show decline
The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...
Political fraudster appeals sentence
The Court of Appeal yesterday heard the bail request of the former director of the small Khmer Economic Development Party, who had been handed a sentence of two years in prison for defrauding a land buyer out of $150,000 in 2008. ...
Kim Sarom
http://www.phnompenhpost.com/national/political-fraudster-appeals-sentence