Economy and commerce
Investment
Indian investors urged to consider Cambodia as a “gateway to ASEAN”
In order to take advantage of Cambodia’s potential as a gateway to ASEAN through a number of significant free trade agreements and initiatives that the leaders of the two countries are working on, the Indian ambassador to Cambodia has urged Indian investors to grasp commercial ...
Khmer Times Staff
https://www.khmertimeskh.com/501357456/indian-investors-urged-to-consider-cambodia-as-a-gateway-to-asean/
Chinese investors eye range of opportunities across Kampong Speu
Kampong Speu provincial governor Vei Samnang has returned from his fact-finding trip in China as part of his plans to attract foreign investment. While in Henan, China’s third-most populous province, Samnang took to social media to announce that the Henan Federation of Overseas Chinese Entrepreneurs – ...
Van Socheata
https://phnompenhpost.com/national/chinese-investors-eye-range-opportunities-across-kampong-speu
Chinese official pledges more investment
A Chinese official with the Chinese embassy in Phnom Penh has pledged to increase bilateral trade between Cambodia and China by encouraging Chinese investors to invest in all sectors in the Kingdom. ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-official-pledges-more-investment
EIU ranks Cambodia among best investment destinations for Chinese market expansion, supply-chain development
The Economist Intelligence Unit (EIU) has ranked Cambodia as the world’s sixth most attractive investment destination for market expansion by Chinese companies. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357103/eiu-ranks-cambodia-among-best-investment-destinations-for-chinese-market-expansion-supply-chain-development/
South Korea Nat’l Assembly applaud gov’t, NA mandates
Kim Jin-pyo, president of the South Korean National Assembly (NA), has lauded Cambodia’s new government and NA, describing the new mandates as full of youthful energy and ready to develop the Kingdom. ...
Vong Daravady
https://www.phnompenhpost.com/national/south-korea-natl-assembly-applaud-govt-na-mandates
Kingdom seeks to boost foreign investment
Domestic stakeholders and economic experts are advocating for an enhanced investment climate to elevate Cambodia’s status and attract foreign direct investment (FDI) within ASEAN. Tan Monivann, vice-president of the Cambodia Chamber of Commerce (CCC), is currently attending the 43rd ASEAN Summit in Indonesia. He conveyed ...
Van Socheata
https://phnompenhpost.com/national/kingdom-seeks-boost-foreign-investment
Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
Cambodia-China trade likely to touch $15 billion by 2025
The bilateral trade between Cambodia and China is expected to reach $15 billion by 2025, a top official said. The trade figure between both nations touched $11 billion in 2022. ...
Adur Pradeep
https://www.khmertimeskh.com/501351943/cambodia-china-trade-likely-to-touch-15-billion-by-2025/
SERC ensuring investors in the securities sector are protected
Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...
Phnom Penh Post Staff
https://www.phnompenhpost.com/banking-securities-business/serc-ensuring-investors-securities-sector-are-protected
Cambodian PM asks South Korea to invest in agriculture
Cambodian Prime Minister Dr Hun Manet has requested the Republic of Korea to further invest in the Cambodian agricultural sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501350840/cambodian-pm-asks-south-korea-to-invest-in-agriculture/
CDC approves investment projects worth $430 million
The Cambodian Investment Board (CIB) of the Council for the Development of Cambodia (CDC) has approved the issuance of the registration certificates for 13 investment projects worth nearly $430 million to build factories to produce different types of goods with a plan to recruit more ...
Kang Sothear
https://www.khmertimeskh.com/501349806/cdc-approves-investment-projects-worth-430-million/
Is a higher dividend payment always the better stock option?
When investing in stocks, investors can expect some of their assets to generate a dividend payment, a sum of money paid by a company to its shareholders out of its profits. Dividends are typically paid annually, but they can also be paid quarterly or monthly. ...
Post Staff
https://www.phnompenhpost.com/banking-securities-business/higher-dividend-payment-always-better-stock-option
CDC: Raise timber to supply local furniture sector
A senior official at the Council for the Development of Cambodia (CDC) urged local investors to consider investing in sustainable timber wood to supply wood for the furniture-making sector which has a “huge growth potential”. ...
May Kunmakara
https://www.phnompenhpost.com/business/cdc-raise-timber-supply-local-furniture-sector
More investment anticipated following Fujian investors’ visit
Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ...
Hin Pisei
https://www.phnompenhpost.com/business/more-investment-anticipated-following-fujian-investors-visit
New Government formation to bring more new investments
The formation of the new Royal Government of Cambodia will bring new investments to the country, generating more jobs and contributing to the economic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501347755/new-government-formation-to-bring-more-new-investments/
Factory demand soars in 2023, despite slower overall investment
Demand for industrial property in 2023 is rising compared to 2022, said Stephen Suen, long-time commercial and industrial property expert and co-owner-operator of Yi Fung Real Estate Services in Phnom Penh since 2015. ...
James Whitehead
https://www.khmertimeskh.com/501344749/factory-demand-soars-in-2023-despite-slower-overall-investment/
Preah Sihanouk, Thai delegation discuss investment potential
Preah Sihanouk Provincial Administration received a delegation from the Thai Enterprise Development Division to discuss investment potential in the province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501345427/preah-sihanouk-thai-delegation-discuss-investment-potential/
Thailand’s PTT Oil plans aviation fuel depot
Public-listed Thai conglomerate PTT Oil and Retail (OR) will be investing $100 million to develop an oil depot for aviation refuelling at Techo International Airport (TIA), Phnom Penh’s new airport, where first phase operation is scheduled in mid 2024. ...
May Kunmakara
https://www.phnompenhpost.com/author/may-kunmakara/17732
ASEAN economic ministers ‘optimistic’
Geopolitical tensions could disrupt international trade and supply chain links, blocking efficiency gains derived from globalisation, ASEAN economic ministers (AEM) said at their 55th regional meeting. ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-economic-ministers-optimistic
Tax revenue of $2.3b meets nearly 65% of GDT target
The continuous reform of tax procedures and understanding taxpayers have helped the tax revenue increase steadily, industry observers say. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-23b-meets-nearly-65-gdt-target
Kampong Speu anticipates business boom, 25 factories
Kampong Speu is gearing up for a business boom, with the provincial administration recently revealing plans to set up 25 new factories and enterprises later this year. ...
Kim Yutharo
https://www.phnompenhpost.com/business/kampong-speu-anticipates-business-boom-25-factories
Chinese firm to pump in $12.7B to Cambodia’s agri sector
The Chinese state-owned firm Danong Agricultural Development Group plans to invest $12.7 billion in Cambodia to transform the latter’s agriculture into digital smart agriculture, stock and regional transit hub for agricultural products that will produce different agricultural products to the Chinese market, said an official ...
Kang Sothear
https://www.khmertimeskh.com/501343619/chinese-firm-to-pump-in-12-7b-to-cambodias-agri-sector/
Investment opportunities in Cambodia unveiled
Top officials of Cambodia’s highest decision-making body for private and public investments on Friday presented key potential opportunities and challenges for investment in the country to Cambodian tycoons and foreign businesspeople. ...
Kang Sothear
https://www.khmertimeskh.com/501342478/investment-opportunities-in-cambodia-unveiled/
Cambodia pushes for investment hub status in ASEAN
Investment-friendly tax and investment laws and incentives, as well as the industrial development policy, are geared towards making Cambodia an investment hub and centre for automotive and electronics manufacturing in Southeast Asia. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-pushes-for-investment-hub-status-in-asean