Cambodia plans the inaugural issuance of $300 million sovereign bonds of $300 million next year

The Royal Government of Cambodia plans to issue the first $300 million worth sovereign bond to raise fund to finance public investment projects, aiming at boosting the country’s economic growth and productivity. ...

Khmer Times Staff

Investment fabric ‘vital to LDC recoveries’

Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ...

May Kunmakara

Low-cost homes ‘ready 2022’

Construction of the $70 million two-phased Arakawa Residence affordable housing development in western Phnom Penh remains on track to be completed by mid-2022, developer Arakawa Co Ltd co-founder Ieng Sotheara told The Post on October 20. ...

Hin Pisei

U.S.-ABC interested to invest in various sectors in Cambodia

U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...

Khmer Times Staff

New industrial investment proposals now registered

The Ministry of Industry, Science, Technology and Innovation approved a total of 124 new industrial investment projects between January and September this year, bringing a total active investment factory to 1,843. ...

Chea Vanyuth

Government asks Australia for financial support for ECCC

Minister of the council of Ministers Bin Chhin has requested that Australia provide funding to the national side of the Extraordinary Chambers in the Court of Cambodia (ECCC). ...

Yin Soeum

CDC approves $3.3 billion worth of investment projects in first three quarters

The Council for the Development of Cambodia (CDC) approved a total of 134 investment projects with a cumulative investment value of $3.3 billion in the January-September period. ...

Khmer Times Staff

Non-SEZ projects slide by nearly 30%

Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...

Hin Pisei

Finnish fund invests $10M into Sathapana

The local Sathapana Bank Plc has received $10 million from OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, allowing the bank to expand its loan portfolio to small- and medium-sized enterprises (SME), and especially female entrepreneurs. ...

May Kunmakara

75 investment projects approved in first eight months this year

The Council for the Development of Cambodia approved 75 private investment projects outside special economic zones during the first eight months of the year, a year-on-year decrease of 28 percent. ...

Chea Vanyuth

Cambodia considering reducing duration of quarantine for fully vaccinated investors

The Royal Government, through relevant ministries and institutions, has examined and discussed the reduction of the period of vaccination for investors who have received all doses of the vaccine. ...

Khmer Times Staff

Government approves two projects worth more than $ 33 million

Two investment projects with a total investment capital of $ 33.1 million approved by the Council for the Development of Cambodia (CDC) create job for a total of 1,118 places. This is according to the CDC press release on September 30.   ...

Rabbit Island resort investment project starts construction in Kep province

Rabbit Island development investment, the $130 million multiple resort project in Koh Tonsay island, four kilometres off Kep province, has started construction activities, with building materials being moved there. ...

Chea Vanyuth

Deal on food investment signed with Australia

Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID) at the Council for the Development of Cambodia (CDC), aimed at creating jobs and improving standards in farming. ...

Michael Firn

$130 million investment project on Rabbit Island begins construction

$130 million investment project on 144 hectares of land in Koh Tonsay by Try Pheap Koh Tonsay Resort Co., Ltd. held a blessing ceremony to start building operation on the morning of September 27, 2021. ...

Hin Pisei

Pan Pacific plans two hotels in 2023

As Cambodia and the rest of the world move to revive tourism, Pan Pacific Hotels Group (PPHG), a member of Singapore-listed UOL Group Ltd, plans to open two developments in the Kingdom over October-December 2023, in Phnom Penh and Siem Reap. ...

May Kunmakara

Consumer protection norms to ensure post-Covid business harmony: minister

Minister of Commerce Pan Sorasak reiterated a called for businesspeople to fulfil their obligations to protect consumers in accordance with the laws and regulations in force and contribute to the shared overarching objectives of harmonisation and sustainable development. ...

Thou Vireak

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