Investment policy and regulations
Foreign investors
Appetite for investment in agriculture rising, forum told
South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...
Sok Chan
http://www.khmertimeskh.com/news/20905/appetite-for-investment-in-agriculture-rising--forum-told/
Nagacorp casino profits swell to $173M
Cambodian casino operator NagaCorp Ltd. posted a net profit of $172.6 million last year, a 27 per cent increase over the previous year, attributing the surge to increased business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. ...
Cam McGrath
http://www.phnompenhpost.com/business/nagacorp-casino-profits-swell-173m
Park Café adds a partner for growth
Food and beverage company Park Café has sold a 30 percent stake in its company to Cambodia-Laos Development Fund (CLDF) for $3 million, and the investment will be used to expand its operations in the capital and the provinces, a senior executive of the company ...
Sok Chan
http://www.khmertimeskh.com/news/20713/park-caf---adds-a-partner-for-growth/
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
Change of the guard
With the ASEAN Economic Community (AEC) expected to intensify business competition across the region, Thailand’s biggest industrial conglomerate expects to rise to the challenge under a new leader.Kan Trakulhoon is retiring as president and chief executive of Siam Cement Group (SCG) after a decade at ...
Nareerat Wiriyapong
http://www.bangkokpost.com/business/news/808916/change-of-the-guard
Chinese investment to ‘bear fruit soon’
Chinese Ambassador Bu Jiangua re-affirmed China’s commitment to the “One Belt, One Road Initiative” yesterday at a symposium in the capital. ...
Sok Chan
http://www.khmertimeskh.com/news/18940/chinese-investment-to----bear-fruit-soon---/
SCG vows Cambodian upgrade
SET-listed Siam Cement Group (SCG) will spend US$200 million to expand its investment in Cambodia from 2016-20.The focus will be on the cement and building materials sectors, which have strong potential to grow amid the Cambodian government’s policy of revving up infrastructure projects, said Kan ...
Lamonphet Apisitniran
http://www.bangkokpost.com/business/news/800748/scg-vows-cambodian-upgrade
Muang Thai Life to expand into Cambodia in early 2016
Sara Lamsam, president and chief executive officer, said yesterday that the company has formed a 49:51 joint venture called Sovannaphum Life Assurance with its partner Canadia Investment Holding, the holding company of Canadia Bank, Cambodia’s second-largest bank. ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Muang-Thai-Life-to-expand-into-Cambodia-in-early-2-30275150.html
Grow Asia eyes Cambodian farms
Grow Asia, a multi-stakeholder partnership focused on sustainable and inclusive agriculture in the ASEAN region, is seeking to expand to Cambodia by 2016 to help small-scale farming develop into commercial agriculture and to strengthen the agriculture sector, a senior executive from Grow Asia said. ...
Sok Chan
http://www.khmertimeskh.com/news/18303/grow-asia-eyes-cambodian-farms/
Investors from western China eye Cambodia
Chinese Investors from Sichuan Province in Western China are seeking out investment opportunities in Cambodia, a senior official from the China Council for the Promotion of International Trade (CCPIT) Sichuan Council said yesterday at a meeting in the capital. Investment would be focused on infrastructure ...
Sok Chan
http://www.khmertimeskh.com/news/18214/investors-from-western-china-eye-cambodia/
Major set to open 100 cinemas next year
SET-listed Major Cineplex Group Plc has earmarked 1.2 billion baht to open 100 new cinemas nationwide next year in a bid to boost revenue by 10-15%.The investment budget will not cover further expansion in Cambodia, Laos, Myanmar and Vietnam, which will be made through partnerships ...
Nanat Suchiva
http://www.bangkokpost.com/business/news/778761/major-set-to-open-100-cinemas-next-year
Kingdom shows narrow but strong FDI growth
Foreign direct investment flows continued to see strong growth across the 10-member ASEAN bloc in 2014, with most countries in the Lower Mekong region reporting higher levels of inflows given their rising infrastructure needs and manufacturing activities, according to a new report jointly produced by ...
Ananth Baliga
http://www.phnompenhpost.com/business/kingdom-shows-narrow-strong-fdi-growth
UK trade envoy pushes FDI, British brands
The United Kingdom sees Cambodia as a strategic location at the heart of a transportation network through Thailand, Vietnam and Laos to reach China and other countries in the region and the world, a senior UK trade official said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/17898/uk-trade-envoy-pushes-fdi--british-brands/
OPIC plans more investment in Cambodian MFIs
A US government finance institution plans to inject more capital into Cambodia’s businesses, forecasting rapid growth in small business and microfinance institutions around the country. The development finance institution Overseas Private Investment Corporation (OPIC) is looking to invest in Cambodia’s small and medium enterprises (SMEs) ...
Sok Chan
http://www.khmertimeskh.com/news/17866/opic-plans-more-investment-in-cambodian-mfis/
Japanese FDI leads to surge in exports: analysts
Cambodia’s total exports to Japan increased sharply over the first nine months of the year compared to last year due to flows of investment from Japan to Cambodia over the last few years, analysts said. ...
May Kunmakara
http://www.khmertimeskh.com/news/17864/japanese-fdi-leads-to-surge-in-exports--analysts/
Hungarian commercial office to open in capital
Hungarian businesses are keeping their eyes on Cambodia for investment, said László Kövér, speaker of the National Assembly of Hungary, during an official visit to the Kingdom. ...
Ven Rathavong
http://www.khmertimeskh.com/news/17449//
Telekom M'sia forms alliance with Cambodian Internet service provider
Telekom Malaysia Bhd (TM) is strengthening its regional footprint in South-East Asia by teaming up with MekongNet, a leading Internet service provider and Internet exchange provider in Cambodia. ...
The Star Online News Staff
http://www.thestar.com.my/Business/Business-News/2015/10/28/Telekom-Malaysia-forms-alliance-with-Cambodian-Internet-service-provider/?style=biz
Index Creative Village to tap Cambodian market next year
Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...
Watchiranont Thongtep
http://www.nationmultimedia.com/business/Index-Creative-Village-to-tap-Cambodian-market-nex-30271560.html
World Bank says Cambodia will weather China slowdown
The World Bank on Monday stuck to its prediction made in April that the country’s economy would continue to cool off slowly over the next few years and said China’s own slowdown would send only modest ripples through Cambodia. ...
Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-says-cambodia-will-weather-china-slowdown-96516/
Rojana eyes Cambodia zone
SET-listed Rojana Industrial Park Plc (ROJNA) will build an industrial park in Cambodia to tap growing investment in the neighbouring country expected after formation of the Asean Economic Community (AEC). ...
Lamonphet Apisitniran
http://www.bangkokpost.com/news/asean/716384/rojana-eyes-cambodia-zone
VN a top investor in Cambodia
Viet Nam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects.It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said, noting the two countries are ...
Viet Nam News Staff
http://vietnamnews.vn/economy/276481/vn-a-top-investor-in-cambodia.html
Business briefs
The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...
Khmer Times team
http://www.khmertimeskh.com/news/16249/business-briefs/
China, ASEAN eyes production capacity cooperation
Zhang Ping, owner of a northeast China power technology company, described his trip to the 12th China-ASEAN Expo in the southern city of Nanning as a success. Also attending the expo, representatives from Sihanoukville special economic zone in Cambodia are seeking investment from China and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-09/19/c_134640721.htm
Cambodia businesses fret Myanmar
While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Cambodia needs to keep a close eye on the steady progress being made in Myanmar, which is predicted to eat into Cambodia’s exports in the long term. ...
Myanmar Times News Staff
http://www.mmtimes.com/index.php/business/16458-cambodia-businesses-fret-myanmar.html