Economy and commerce
Investment
Stronger Japanese direct investment sought with business matching event
Cambodia is optimistic about attracting additional direct investment from Japan, following a meeting between major Cambodian business leaders and Japanese financiers to explore the business climate and partnership opportunities across various sectors. ...
Cambodia, UK discuss ways to enhance private investment
The Council for the Development of Cambodia (CDC) and the Department of Business & Trade (DBT) of the United Kingdom held a roundtable meeting to discuss mechanisms to improve the investment climate for British private companies. ...
Nhean Chamrong
https://www.khmertimeskh.com/501593978/cambodia-uk-discuss-ways-to-enhance-private-investment/
PM says Kingdom provides safe investment environment
Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...
Mom Kunthea
https://www.khmertimeskh.com/501590518/pm-says-kingdom-provides-safe-investment-environment/
CDC endorses 31 investment projects worth $226 million in October
In October alone, the Council for the Development of Cambodia (CDC) endorsed 31 investment projects with a total investment capital of $226 million, generating 16,000 job opportunities for the local people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586729/cdc-endorses-31-investment-projects-worth-226-million-in-october/
PM seeks Chinese investment in agri sector
Prime Minister Hun Manet encouraged Chinese companies to invest in Cambodia’s agricultural sector, particularly in high-potential crops such as durian, cashew nuts, and cassava. ...
Mom Kunthea
https://www.khmertimeskh.com/501587948/pm-seeks-chinese-investment-in-agri-sector/
HKGCC probes Kingdom’s investment climate
A delegation of Hong Kong General Chamber of Commerce (HKGCC), led by its Chairman of Asia-Africa-Middle East Committee, Dewan Saiful Alam, has visited Cambodia to learn more about Cambodia’s investment opportunities and potential. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586377/hkgcc-probes-kingdoms-investment-climate/
New Japanese PM commits to strengthen cooperation with Cambodia
Japan’s new Prime Minister Shigeru Ishiba expressed his gratitude to Senate President Hun Sen for his congratulatory message upon his appointment. ...
Nop Sreymao
https://www.khmertimeskh.com/501582501/new-japanese-pm-commits-to-strengthen-cooperation-with-cambodia/
25 more projects receive incentives in Sihanoukville
The Royal Government of Cambodia (RGC) has approved special incentives for 25 projects in Preah Sihanouk province, including 12 projects for completing unfinished buildings, 12 new projects and one expansion project, with a total investment budget of $917 million. ...
Nhean Chamrong
https://www.khmertimeskh.com/501582226/25-more-projects-receive-incentives-in-sihanoukville/
GTC gets $19.97M financing from EXIM Bank for telecom infrastructure in Cambodia
Global Tower Corporation Pty Ltd (GTC), a prominent telecommunications infrastructure company in Cambodia, has secured $19.97 million in financing from Export-Import Bank of Malaysia Berhad (EXIM Bank Malaysia) to support the expansion of essential telecommunications infrastructure across the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/501578332/gtc-gets-19-97m-financing-from-exim-bank-for-telecom-infrastructure-in-cambodia/
Cambodia attracts $443 million in new FDI
Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. ...
Manoj Mathew
https://www.khmertimeskh.com/501579714/cambodia-attracts-443-million-in-new-fdi/
An early look at how Cambodia’s economic vision is shaping up
There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...
Nhean Chamrong
https://www.khmertimeskh.com/501577061/an-early-look-at-how-cambodias-economic-vision-is-shaping-up/
Chanthol points up 4 key factors for FDI attraction
Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...
Chea Vanyuth
https://www.khmertimeskh.com/501577098/chanthol-points-up-4-key-factors-for-fdi-attraction/
Cambodia eyes boost in Australian investment
Australian ambassador to Cambodia Derek Yip expressed interest in Cambodia’s infrastructure development plans, as trade between the two countries exceeded $220 million in the first three quarters of 2024. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-boost-in-australian-investment
Cambodia doubles down on power infrastructure development
The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy. ...
Chea Vanyuth
https://www.khmertimeskh.com/501575986/cambodia-doubles-down-on-power-infrastructure-development/
US election results likely to impact Cambodia’s economy
The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...
James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/
Over $5 billion investment projects registered in Q3
Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/
CDC approve nearly 30 new projects in September
A total of 26 new investment projects and 2 production expansion projects, with a total investment exceeding $400 million, were approved by the government in September. Of them, nearly 40% of the investment capital comes from Chinese investors, according to the Council for the Development ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approve-nearly-30-new-projects-in-september
Cambodia’s real estate market remains quiet during first 9 months of ‘24
Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...
Cambodia attracted $396 mil fixed-asset investment in July
Cambodia attracted $396 million in fixed-asset investment in July this year, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501570504/cambodia-attracted-396-mil-fixed-asset-investment-in-july/
Cambodia, US to strengthen bilateral relations, cooperation through trade and investment activities
Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according to the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501569003/cambodia-us-to-strengthen-bilateral-relations-cooperation-through-trade-and-investment-activities/
Cambodia approves $5.79B investment in 23 energy projects to enhance power security and clean energy by 2030
The Cambodian Council of Ministers have approved 23 new investment projects in the power sector for the period 2024-2029, aimed at addressing the country’s ongoing power shortages. The approval was granted during a weekly cabinet meeting chaired by Prime Minister Hun Manet on Friday, September ...
Khmer Times Staff
https://www.khmertimeskh.com/501567265/cambodia-approves-5-79b-investment-in-23-energy-projects-to-enhance-power-security-and-clean-energy-by-2030/
Promote Cambodian agri-products, Vissoth tells traders and investors
Vongsey Vissoth, Permanent Deputy Prime Minister in charge of the Office of the Council of Ministers and Chairman of National Archives of Cambodia urged traders and investors to promote the export of more Cambodian agricultural products to improve the livelihoods of farmers. ...
Mom Kunthear
https://www.khmertimeskh.com/501565935/promote-cambodian-agri-products-vissoth-tells-traders-and-investors/
CDC expands efforts to promote Kingdom in US, Canada
The government has shared several of the ways it is actively promoting the Kingdom’s potential for foreign investment and working to boost exports to international markets, as domestic production capacity continues to grow. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-expands-efforts-to-promote-kingdom-in-us-canada
Cambodia and Thailand pledge to strengthen investment ties
The Council for the Development of Cambodia (CDC) and the Board of Investment (BOI) of Thailand have agreed to enhance cooperation in promoting investment in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501562654/cambodia-and-thailand-pledge-to-strengthen-investment-ties/