CDC looks to attract investment from Australia
The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...
Rachel David
https://www.khmertimeskh.com/501451818/cdc-looks-to-attract-investment-from-australia/
Calls to urgently review draft alcohol law
The law on Control of Alcohol Products has been in draft for nine years and remains uncertain due to its potential social, economic and political impacts. Experts are now urging the government to accelerate law enforcement on controlling alcohol consumption after recent fatal traffic accidents. ...
Meas Molika
https://kiripost.com/stories/calls-to-urgently-review-draft-alcohol-law
DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government
Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...
Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/
CDC consents to UK proposal for establishing Green SEZ
The Council for the Development of Cambodia (CDC) on Monday agreed to the request from the British Ambassador to establish the ‘Green Special Economic Zone’ and help the country boost the related infrastructure, as part of the initiative to attract international investors worldwide. ...
Nhean Chamrong
https://www.khmertimeskh.com/501436295/cdc-consents-to-uk-proposal-for-establishing-green-sez/
Thai businessmen likely to invest $1B in Cambodia
A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...
Nheng Chamrong
https://www.khmertimeskh.com/501442027/thai-businessmen-likely-to-invest-1b-in-cambodia/
Cambodia attracts $1.39 bln investment in first 2 months of 2024
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions
CMAC: China now leading mine clearance supporter
China is the foremost foreign financial supporter of the mine action sector in Cambodia, according to the Cambodian Mine Action Centre (CMAC). Their contribution places China at the top of the list, followed by Japan, the US and other countries. ...
Mom Kunthear
https://www.phnompenhpost.com/national/cmac-china-now-leading-mine-clearance-supporter
CGCC provides over US$160 million credit supports to SMEs
The Credit Guarantee Corporation of Cambodia (CGCC) has infused credit guarantees of as much as $164.7 million as of December 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427481/cgcc-provides-over-us160-million-credit-supports-to-smes/
IMF revises Cambodia’s GDP up 35% with 2014 base
The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...
Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Cambodia, Singapore ink MoU on digital government cooperation
The Ministry of Post and Telecommunication of Cambodia (MPTC) and the Ministry of Communications and Information of Singapore (MCI) signed a memorandum of understanding (MoU) aimed at reforming the digital government network as well as promoting human capital development. ...
Nhean Chamrong
https://www.khmertimeskh.com/501509732/cambodia-singapore-ink-mou-on-digital-government-cooperation/
Cambodia-Korea Special Economic Zone on cards
Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...
Nhean Chamrong
https://www.khmertimeskh.com/501511538/cambodia-korea-special-economic-zone-on-cards/
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
190 projects totalling $3.2 billion approved in six months
Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...
Mao Sreypich
https://kiripost.com/stories/190-projects-totalling-32-billion-approved-in-six-months
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Kingdom emerges biggest supplier of raw cashew nuts to Vietnam
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. ...
Jigme PaldenPazo
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/
IMF trains Cambodian customs officers in investigation techniques
The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...
Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/
Cambodia plans for transition out of LDC status
Cambodia highlighted its Development Cooperation and Partnership Strategy (DCPS 2024-2028) during a 2024 high level political forum on sustainable development under the theme “reinforcing the 2030 agenda and eradicating poverty in times of multiple crisis”. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501526910/cambodia-plans-for-transition-out-of-ldc-status/
CCC plans to establish EU liaisons
In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...
Chea Vanyuth
https://www.khmertimeskh.com/501529677/ccc-plans-to-establish-eu-liaisons/