Investment

Investment policy and regulation

EUROCHAM urged to attract more investors

Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...

Sen David
https://www.khmertimeskh.com/50773408/eurocham-urged-to-attract-more-investors/

Foreign investors complain about the Kingdom’s business strictures

Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN.​ ...

Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/

New investment law to attract more investments

The New investment law is expected to make Cambodia an attractive destination for new investment and to improve the investment environment to keep the existing investments in the country. The law is currently in drafting stage and is expected to go online within this year, ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50743474/new-investment-law-to-attract-more-investments/

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

Sihanoukville records over $7 billion in construction

Cambodia’s coastal Preah Sihanouk province has attracted construction project investment valued at more than $7 billion over the last four years – most from Chinese nationals – the provincial administration said yesterday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50732207/sihanoukville-records-over-7-billion-in-construction/

Masterplan Lays out Future Developments of Airport in Sihanoukville

Cambodia Airports, the longstanding concessionaire of Cambodia’s network of 3 international airports unveiled a 20-year development and investment program for the international airport in Sihanoukville. ...

Sok Chan
https://www.khmertimeskh.com/50729739/masterplan-lays-out-future-developments-of-airport-in-sihanoukville/

Etiqa Insurance to get foothold in nation

Cambodia’s Ministry of Economy and Finance has granted a business licence to Etiqa Insurance & Takaful, a leading insurance provider in Malaysia, paving the way for the firm to tap into the Kingdom’s nascent insurance market, the company announced. ...

Chhut Bunthoeu
https://www.khmertimeskh.com/50726930/etiqa-insurance-to-get-foothold-in-nation/

Public service fees reduced to up growth

The government has decided to revise three types of public service fees to boost business registration and draw more investment both locally and abroad, said the ministries of Economy and Finance; and Commerce in a joint statement.​ ...

Thou Vireak
https://www.phnompenhpost.com/business/public-service-fees-reduced-growth

Vietnam invests $9.5 million in Cambodia

Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50708029/vietnam-invests-9-5-million-in-cambodia/

Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market

Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...

Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market

Projects worth millions agreed

The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...

Sok Chan
https://www.khmertimeskh.com/50695073/projects-worth-millions-agreed

As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors

The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...

Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors

Cambodia benefits from Japanese tech

Minister of Economy and Finance Aun Pornmoniroth has encouraged the Japanese-owned Kirirom Institute of Technology to seek more Japanese technology companies to aid the establishment of the Eco-Technology Park at the Kirirom resort in Kampong Speu province. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-benefits-japanese-tech

Koreans eyeing bank IPO

Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...

May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo

Japan calls for policy changes

Representatives of Japanese companies and investors on Wednesday submitted a list of policy recommendations to the government concerning 21 challenges to the Kingdom’s business climate. Japanese Ambassador to Cambodia Masahiro Mikami and leaders of the Japanese Business Association in Cambodia (JBAC), Japan International Cooperation Agency and ...

May Kunmakara
https://www.phnompenhpost.com/business/japan-calls-policy-changes

Thai firm to build plant in Pursat

Thai-based Precise Electric Manufacturing Co Ltd is planning to build an electric equipment plant in Pursat province to cash in on the high demand in the Kingdom. The announcement was made during a meeting between Pursat provincial governor Mao Thornin and the firm’s representatives on ...

Thou Vireak
https://www.phnompenhpost.com/business/thai-firm-build-plant-pursat

$4M solar farm investment launched in the Kingdom

Pestech International, a Malaysian company that specialises in solar power technology and infrastructure, has expanded its presence in the Kingdom.​​ The Edge Markets reported yesterday that Pestech has acquired a 94 percent stake in Green Sustainable Ventures (Cambodia). The investment is worth $4 million, according ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50680533/4m-solar-farm-investment-launched-in-the-kingdom

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

Japan firm opens logistics centre in PPSEZ

Nippon Express (NPEXY), a Japanese firm specialising in lorry, rail, and air transport services, launched its new logistics centre at the Phnom Penh Special Economic Zone (PPSEZ) on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/japan-firm-opens-logistics-centre-ppsez

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