Cambodia’s green energy, a ticket to EU funds
When it comes to EU-based companies, many prioritise transitioning to renewable energy and if Cambodia can show progress in this space it would make the country more attractive, said a new report, titled, ‘Cambodia’s Attractiveness for EU Foreign Direct Investments (FDI)’. The report was produced ...
Rachel David
https://www.khmertimeskh.com/501427160/cambodias-green-energy-a-ticket-to-eu-funds/
FDI inflows hit $48.4 billion in Cambodia in six years
Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...
Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/
Inflow of FDI up in first half
The inflow of foreign direct investment (FDI) into Cambodia witnessed solid growth in the first half of this year due to strong funds flowing into the financial and real estate sectors, said a central bank report. It said this was despite the agriculture and garment ...
Hor Kimsay
https://www.phnompenhpost.com/business/inflow-fdi-first-half
Chinese investment in Cambodia to diversify into SME finance
Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...
Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/
Investment in extractive industry worth 1.3 billion
Foreign direct investment (FDI) in the extractive industry, including some projects expected to be approved before the end of the year, now equals $1.3 billion, making it one of the most valuable economic sectors in the kingdom, according to data from the Ministry of Mines ...
Chea Vannak
http://www.khmertimeskh.com/50112148/investment-in-extractive-industry-worth-1-3-billion/
Economy resilient to global headwinds: World Bank
Despite global uncertainty related to political shifts in the West and a continued Chinese economic slowdown, Cambodia showed strong growth prospects for the next several years, according to the World Bank’s latest report. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/economy-resilient-global-headwinds-world-bank
CDC official thanks China for investment
The Council for the Development of Cambodia (CDC) heaped praise upon China yesterday for its continual support of the Kingdom, claiming that without its investment the local economy would never have managed to take off. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cdc-official-thanks-china-investment
Cambodia, Bangladesh to sign agreement on direct air linkages
The Ministry of Foreign Affairs with its Bangladeshi counterpart, announced plans of signing an agreement to grant the introduction of direct flights from Dakha to Phnom Penh to boost trade volume and tourism. ...
Sun Mesa
https://www.khmertimeskh.com/50698143/cambodia-bangladesh-to-sign-agreement-on-direct-air-linkages
Cambodia continues to attract FDI with another $21 million in investments and 3,500 jobs
The Council for the Development of Cambodia (CDC) has given the approval for five new investment projects with a total investment capital of $21.3 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50715348/cambodia-continues-to-attract-fdi-with-another-21-million-in-investments-and-3500-jobs/
$1.9B in new projects get CDC nod
The Council for the Development of Cambodia (CDC) on January 17 announced that it had approved final registration certificates for 10 investment projects across various sectors worth a staggering total of nearly $1.90 billion and expected to create 7,014 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/19b-new-projects-get-cdc-nod
Cambodia receives $2.4 billion worth of FDI in first three months of 2022
In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501051822/cambodia-receives-2-4-billion-worth-of-fdi-in-first-three-months-of-2022/
National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held
The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...
Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/
Jan-May CDC approvals $2.66B
The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b
A Chinese firm pledges to boost Cambodia-China direct flights
A Chinese firm, Yunnan Investment Holding Group, has pledged to further boost direct flights between Cambodia and China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501303867/a-chinese-firm-pledges-to-boost-cambodia-china-direct-flights/
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/
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/
Cambodia attracts $7.5 billion investments in govt’s first year
Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501550327/cambodia-attracts-7-5-billion-investments-in-govts-first-year/
Investment projects worth over $1.2B approved in August
A total of 53 new and expansion investment projects with a combined value of over $1 billion were approved by the government in August. These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets. ...
Post Staff
https://www.phnompenhpost.com/business/investment-projects-worth-over-1-2b-approved-in-august
Moody’s maintains sovereign debt rating
Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...
Hor Kimsay
http://www.phnompenhpost.com/business/moodys-maintains-sovereign-debt-rating
Briefing on Investment Law is now available online!
Briefing on Investment Law (Khmer)Briefing on Investment Law (English)Open Development Cambodia (ODC) has just released a new briefing page, in both Khmer and English languages, on Cambodian Investment Law which it mainly provides the insight of Cambodia’s legal framework on investment sector. (Please visit: http://archive.opendevelopmentcambodia.net/briefing/briefing-on-investment-law/)This ...