Investment
Investment policy and regulations
PM announces new airport in Siem Reap
Prime Minister Hun Sen said yesterday that Siem Reap is in need of a new airport to tackle the rising number of visitors to the area.Last week Cambodia reached an $880-million agreement with China’s Yunnan Investment Holding Ltd which allows the state-owned company to manage ...
Chea Vannak
http://www.khmertimeskh.com/5084356/pm-announces-new-airport-siem-reap/
CDC official thanks China for investment
The Council for the Development of Cambodia (CDC) heaped praise upon China yesterday for its continual support of the Kingdom, claiming that without its investment the local economy would never have managed to take off. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cdc-official-thanks-china-investment
Japanese mull $1m Kirirom pig farm
Japan-based Kakegawa Yeat Pig Farm plans to invest $1 million to develop a large pig farm in Cambodia, according to local media reports. ...
Sum Manet
http://www.khmertimeskh.com/5080361/japanese-mull-1m-kirirom-pig-farm/
Osaka investors eye Cambodia
A Japanese delegation from Osaka province has expressed its intention to invest in Cambodia’s agriculture sector, after its meeting with Commerce Minister Pan Sorasak. ...
Sok Chan
http://www.khmertimeskh.com/5079416/osaka-investors-eye-cambodia/
KrisEnergy signs oil deal next week
Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...
Sum Manet
http://www.khmertimeskh.com/5078426/krisenergy-signs-oil-deal-next-week/
US businesses give Cambodia mixed marks
U.S. companies doing business in Cambodia are optimistic about the country’s overall investment environment, but remain dissatisfied with the supply of cheap and skilled labor, corruption, tax structure, and attitudes toward the U.S., according to a new survey. ...
Ben Paviour
https://www.cambodiadaily.com/news/us-businesses-give-cambodia-mixed-marks-133739/
Malaysia to establish a US$250 million Islamic trade centre in Cambodia
Malaysia is investing some US$250 million to establish a Cambodia Islamic Trade Centre (CITC) seen as positive contribution to the country’s economic development. ...
Lim Nary
http://www.akp.gov.kh/?p=106992
Bananas find export appeal
Hoang Anh Gia Lai (HAGL), which last month became the first company to officially export bananas from Cambodia, has secured more orders for the fruit and will ship another 100 tonnes of bananas from its plantations in Ratanakkiri province today, a company representative said. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/bananas-find-export-appeal
Banking sector FDI spikes on new banks and higher caps
Inflows of foreign capital into the Kingdom’s banking sector nearly doubled during the first half of the year as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banking-sector-fdi-spikes-new-banks-and-higher-caps
Korea and local investors to establish a modern shopping mall in Phnom Penh
Korea is joining hands with Cambodian investor to establish the biggest shopping mall of international standard in Phnom Penh to correspond to the capital’s increasingly modernising lifestyle. ...
Lim Nary
http://www.akp.gov.kh/?p=106861
Deal gives UAE more confidence to invest
The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...
Hor Kimsay
http://www.phnompenhpost.com/business/deal-gives-uae-more-confidence-invest
Deal gives UAE more confidence to invest
The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...
Hor Kimsay
http://www.phnompenhpost.com/business/deal-gives-uae-more-confidence-invest
Metfone operator plans for big foreign revenue
Viettel Group, the Vietnamese military-owned operator of Cambodian mobile operator Metfone, expects to pull in $1.4 billion in revenue this year from overseas investments, Vietnamese state-owned media reported yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/metfone-operator-plans-big-foreign-revenue
Lancang-Mekong expo kicks off in Phnom Penh
The Lancang-Mekong Cooperation’s economic and technology exhibition 2017 kicked off yesterday in Phnom Penh to enhance trade and investment between China and Cambodia, plus other Mekong countries. ...
Chea Vannak
http://www.khmertimeskh.com/news/40332/lancang-mekong-expo-kicks-off-in-phnom-penh/
Rice mogul spices up business with pepper
Cambodia rice mogul Song Saran, the CEO of one of the Kingdom’s top rice exporters, will diversify his agricultural business interests with the construction of a factory to clean and process locally grown pepper, he said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-mogul-spices-business-pepper
Agro-processing SEZ moves closer to reality
A Chinese firm that plans to invest $2 billion into developing the Kingdom’s first special economic zone (SEZ) dedicated solely to agricultural processing and storage has signed on a new partner to help jumpstart the stalled project, a top agriculture official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/agro-processing-sez-moves-closer-reality
Chinese encouraged to invest more
More than 50 business leaders and investors from Dezhou city, Shandong province in China, are seeking investment opportunities and Cambodian partners in the fields of agriculture, construction, machinery, food processing, technology and cars, renewable energy and sports equipment. ...
Sok Chan
http://www.khmertimeskh.com/news/39927/chinese-encouraged-to-invest-more/
Proposed rice storage facility to boost capacity
A proposal for a massive warehouse and silo that has attracted two Chinese investors aims to fill the Kingdom’s conspicuous gap in paddy rice storage capacity, which still falls 60 percent short of the level needed for the country to achieve its goal of 1 ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/proposed-rice-storage-facility-boost-capacity
BigPhone now in Cambodia
Mobile World Investment (MWG), one of the largest mobile phone and electronics distribution chains in Vietnam’s Ho Chi Minh City, has opened its first overseas store in Cambodia. ...
May Kunmakara
http://www.khmertimeskh.com/news/39837/pigphone-now-in-cambodia/
Japanese FDI on the rise in Cambodia
The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia
China’s squeeze on capital outflow felt in Cambodia
Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...
Kali Kotoski and Brian Ng
http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia
Agriculture expo expected to draw Chinese investors
More than 1,000 Chinese investors and businessmen will soon come to Cambodia to seek investment partnerships with their Cambodian counterparts during the inaugural International Agriculture Products and Expository conference on Koh Pich Island. ...
Sok Chan
http://www.khmertimeskh.com/news/39529/agriculture-expo-expected-to-draw-chinese-investors/
Equity fund takes stake in iCare
A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare
Jet’s to expand night market
Following the popularity of Cambodia’s first-ever container night market, the company behind the project said it is investing an additional $500,000 to expand the open-air facility with an annex scheduled to open next month. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-expand-night-market