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Thai Smile to resume Bangkok-Siem Reap route this Thursday

Thai Smile has announced the resumption of direct flight between Bangkok capital of Thailand to Siem Reap cultural province of Cambodia on March 3. ...

Khmer Times Staff
https://www.khmertimeskh.com/501033338/thai-smile-to-resume-bangkok-siem-reap-route-this-thursday/

Direct flights soon from X’ian city

There will soon be direct flights to Cambodia from X’ian city in China’s Shaanxi province to meet the growing demand of Chinese tourists, said Tourism Minister Thong Khon yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/5077009/direct-flights-soon-xian-city/

Cambodia urges Indonesia to resume direct flights

Cambodia has urged Indonesia to resume direct flight connection with Cambodia to facilitate mutual vaccination tourism movement in the near future. ...

Khmer Times Staff
https://www.khmertimeskh.com/50980346/cambodia-urges-indonesia-to-resume-direct-flights/

Banking sector FDI spikes on new banks and higher caps

Inflows of foreign capital into the Kingdom’s banking sector nearly doubled during the first half of the year as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/banking-sector-fdi-spikes-new-banks-and-higher-caps

Cambodia’s property market continues to trend upwards, evolve

2015 saw a spike in foreign direct investment (FDI), and the property sector was a big benefactor of these investments both in terms of headline investments in new development projects, and also from foreign individuals investing in one or numerous condos, SoHo units or strata ...

Post Staff
http://www.phnompenhpost.com/post-property/cambodias-property-market-continues-trend-upwards-evolve

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...

Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines

FDI to Cambodia rockets 12% to $3.5 billion in 2019

Cambodia attracted more than $3.5 billion in foreign direct investment (FDI) last year, an increase of nearly 12 per cent over 2018, thanks in part to Chinese investors who accounted for half of the investments, a National Bank of Cambodia (NBC) report released last week ...

Hin Pisei
https://www.phnompenhpost.com/business/fdi-cambodia-rockets-12-35-billion-2019

Australian firm keen to invest in Cambodia’s rice production chain

An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/

CDC grants investment licenses to two private companies

Two private companies – Ocean Apparel Manufacturing Co., Ltd., and Glamor Glass Co., Ltd., have just received green light from the Council for the Development of Cambodia (CDC) for their investment projects. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50819597/cdc-grants-investment-licenses-to-two-private-companies/

South Korean bank invests in Kingdom

The embassy of Cambodia to the Republic of Korea signed a memorandum of understanding (MoU) with DGB Bank to provide cooperation in promoting investment in Cambodia as well as protection for Cambodians in South Korea. ...

Sok Chan
https://www.khmertimeskh.com/50818388/south-korean-bank-invests-in-kingdom/

FDI inflows drop 1% to $3.5B

The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...

May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b

Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021

The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...

Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/

Cambodia attracts $4.35 billion in investments in 2021

Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/

Cambodia’s FDI surges 11.2% to $41B in 2021

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021

Directive to mobile operators

The Telecom Regulator of Cambodia yesterday issued a directive to mobile operators to ensure they are transparent with automatic fees charged to customers after a spike in complaints.   ...

May Kunmakara
http://www.khmertimeskh.com/news/39840/directive-to-mobile-operators/

Slowdown in GDP growth projected for 2019

The World Bank on Thursday forecast a slight dip in the country’s economic growth rate by 2019 amid declining foreign investment, rising inflation and a slowdown in the expansion of garments manufacturing, and advised improvements to infrastructure and training to keep the economy on its ...

Matt Surrusco
https://www.cambodiadaily.com/news/slowdown-in-gdp-growth-projected-for-2019-128024/

Police demolish shelters of Kratie families for second time

Police in Kratie province on Wednesday demolished the makeshift tents of about 300 families accused of squatting on public land inside a conservation area, two weeks after they forced many of the same families out of the area. Some of the families say they have lived ...

Aun Pheap
http://www.cambodiadaily.com/news/police-demolish-shelters-of-kratie-families-for-second-time-53291/

Industry leaders continue to call for further economic support

Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. ...

Harrison White
https://www.khmertimeskh.com/50726929/industry-leaders-continue-to-call-for-further-economic-support/

Real estate boosted last year but likely to suffer this year

The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...

Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/

Cambodia, China renew pledge for $10B in trade value by 2023

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023

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