South Korean investor body explores local opportunities

Cambodia is looking to drum up interest among Korean investors in the production of goods in the Kingdom for export to their home market, and push bilateral trade beyond current levels – $549.930 million in the first eight months of 2022, up by 6.42 over ...

Hin Pisei
https://www.phnompenhpost.com/business/south-korean-investor-body-explores-local-opportunities

Sihanoukville property owners in limbo as unfinished high-rises litter the city

In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...

Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/

JETRO visit raises Japanese investment hopes

The Council for the Development of Cambodia (CDC) says it has greenlit a total of 148 Japanese investment project proposals planned outside of the Kingdom’s special economic zones (SEZ) as of July 31 worth about $2.85 billion since its establishment on August 5, 1994. ...

Hom Phanet
https://www.phnompenhpost.com/business/jetro-visit-raises-japanese-investment-hopes

Association disputes ‘crime haven’ tag as trafficking reports mount

The Federation of Khmer Chinese in Cambodia on Wednesday disputed international media characterizations of the country as a haven for criminal syndicates as attention grows on human trafficking at scam compounds. ...

VOD Staff
https://vodenglish.news/association-disputes-crime-haven-tag-as-trafficking-reports-mount/

Singapore investors to help reboot Cambodia’s economy

Cambodia holds huge potential for Singaporean investors, who can play a role in helping the nation’s economy return to pre-pandemic levels by ploughing funds into infrastructure and other dominant sectors. ...

Bun Tharum
https://kiripost.com/stories/singapore-investors-to-help-reboot-cambodias-economy

China remains top in Kingdom’s FDI last year

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...

Chea Vanyuth
https://www.khmertimeskh.com/501068035/china-remains-top-in-kingdoms-fdi-last-year/

Firm wraps up study of waterborne logistic hub in capital

The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...

Rann Reuy
https://www.phnompenhpost.com/business/firm-wraps-study-waterborne-logistic-hub-capital

Foreign companies reminded to register for VAT before April 1

The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines.​​ ...

Hom Phanet
https://www.phnompenhpost.com/business/foreign-companies-reminded-register-vat-april-1

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/

Kingdom-Malaysia trade tops $500M

Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m

Kingdom, South Korea plan for post-FTA era

South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-south-korea-plan-post-fta-era

Commerce chief asks Canada to mull Cambodia trade deal

Minister of Commerce Pan Sorasak has asked Canada to explore the possibility of establishing a bilateral free trade agreement (FTA) with the Kingdom as soon as practicable to improve trade flows between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/commerce-chief-asks-canada-mull-cambodia-trade-deal

Japanese company eyes a slice of silk pie

A Japanese company plans to invest in silk production, breeding silk worms in Battambang province to process into consumer products and exports, to boost economic growth and create more local jobs. ...

Nov Sivutha
https://www.phnompenhpost.com/business/japanese-company-eyes-slice-silk-pie

Phnom Penh Governor appeals for more Japanese investments in Cambodia

Phnom Penh Governor Khuong Sreng requested Japanese investors, through the Japan-Cambodia Association (JCA), to consider investing in the agriculture sector and other sectors. ...

Khmer Times Staff
https://www.khmertimeskh.com/501019076/phnom-penh-governor-appeals-for-more-japanese-investments-in-cambodia/

New non-SEZ projects fall 24.11%

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...

Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411

Working group on investment, economy set up with China

Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ...

Hom Phanet
https://www.phnompenhpost.com/business/working-group-investment-economy-set-china

Investment law to guide recovery, FTA uptake

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...

Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake

Business council enlisted in US investor push

Minister of Commerce Pan Sorasak expressed optimism that more US companies would discover Cambodia, and set up base in or expand operations in the Kingdom, as trade between the two countries logged more than $5.5 billion in January-August, up by 28.5 per cent year-on-year. ...

Hin Pisei
https://www.phnompenhpost.com/business/business-council-enlisted-us-investor-push

CDC signs off on seven factories

The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories

CDC hosts Japan investor meet

The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-hosts-japan-investor-meet

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