Investment

A significant meeting was conducted in the bustling eastern Chinese city of Shanghai last Wednesday to deliberate on economic information sharing, focusing on enriching the ongoing efforts of the Belt and Road Initiative (BRI). ...

Royal Government of Cambodia (RGC) and the Asian Infrastructure Investment Bank (AIIB) Tuesday signed an agreement worth $43 million for the cross-border livestock health and value chain infrastructure improvement project, said a statement. ...

Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...

At least $1 billion is required to invest in completing the unfinished buildings in the coastal city Sihanoukville, said a senior official at the Preah Sihanouk Provincial Administration. ...

The SERC was established on October 19, 2007 under “Preah Reach Kram No. NS/RKM/1007/028”, which promulgated the “Law on the Issuance and Trading of Non-Government Securities”, as the sole authority to regulate, monitor and develop the securities sector in the Kingdom. ...

Sun Chanthol, first vice-president of the Council of the Development of Cambodia (CDC), encouraged entrepreneur members of the Malay World Islam World (DMDI) to consider investing in the Kingdom, highlighting the many incentives in place to reward economic opportunities in the country. ...

Recently-appointed UK Prime Minister’s Trade Envoy to Cambodia and Laos Heather Wheeler is looking to expand trade and investment with Cambodia as the two countries celebrate 70 years of diplomatic relations. ...

While no investment is entirely without risk, the Securities and Exchange Regulator of Cambodia (SERC) is 100 per cent committed to ensuring that investors in the Kingdom are protected from fraudulent practices. ...

Prime Minister  Hun Manet has engaged in fruitful meetings with foreign dignitaries and business leaders during his trip to New York from Sept. 21 to 24 to attend the General Debate of the 78th Session of the United Nations General Assembly, according to a press ...

Prime Minister of the Kingdom of Cambodia, Dr Hun Manet has encouraged Pfizer to continue to find investment and business opportunities in Cambodia and promote relations with stakeholders, especially the Ministry of Health of Cambodia. ...

Prime Minister Hun Manet will travel to the US this week and the visit is expected to attract more American investors and businessmen to Cambodia. ...

Like many of her neighbors in Kampong Cham, Seang Sinath borrowed tens of thousands of dollars to invest in a tycoon’s land scheme, falling into overindebtedness when the company stopped paying her back. ...

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...

China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...

The Council for the Development of Cambodia (CDC) has sought investments from potential investors from China’s Xiamen city of the Fujian province amid the Kingdom setting records in terms of Foreign Direct Investments (FDIs) during the current year. ...

The emerging superpower India stands as a high potential for the Kingdom’s Free Trade Agreement (FTA) expansion plans, a leading Cambodian academician and international development expert has opined. ...

The Cambodia Chamber of Commerce (CCC) and the US Chamber of Commerce will jointly host the Cambodia-US Business Forum in New York next Friday aimed at promoting investment and business opportunities in Cambodia. ...

The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...

Chinese investment in the Kingdom’s agricultural sector has boosted the national economy and created jobs for local people, said an expert from the Chinese Cambodian Evolution Researcher Association. ...

Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...

A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and Myanmar. ...

A senior official from the Koh Kong Provincial Administration has revealed that the government has plans to establish two additional special economic zones (SEZs) in Botum Sakor district. ...

In the latest meeting of the National Council on Minimum Wage (NCMW) regarding 2024 wage determination for the textile, garment, bag, footwear and travel goods sectors, both parties have reached an agreement to conclude negotiations by September 28. ...

Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, on Sep 11, visited Sihanoukville Port Special Economic Zone. ...