Economy and commerce
Investment
Cambodia doubles down on power infrastructure development
The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy. ...
Chea Vanyuth
https://www.khmertimeskh.com/501575986/cambodia-doubles-down-on-power-infrastructure-development/
US election results likely to impact Cambodia’s economy
The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...
James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/
Over $5 billion investment projects registered in Q3
Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/
CDC approve nearly 30 new projects in September
A total of 26 new investment projects and 2 production expansion projects, with a total investment exceeding $400 million, were approved by the government in September. Of them, nearly 40% of the investment capital comes from Chinese investors, according to the Council for the Development ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approve-nearly-30-new-projects-in-september
Cambodia’s real estate market remains quiet during first 9 months of ‘24
Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...
Cambodia attracted $396 mil fixed-asset investment in July
Cambodia attracted $396 million in fixed-asset investment in July this year, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501570504/cambodia-attracted-396-mil-fixed-asset-investment-in-july/
Cambodia, US to strengthen bilateral relations, cooperation through trade and investment activities
Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according to the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501569003/cambodia-us-to-strengthen-bilateral-relations-cooperation-through-trade-and-investment-activities/
Cambodia approves $5.79B investment in 23 energy projects to enhance power security and clean energy by 2030
The Cambodian Council of Ministers have approved 23 new investment projects in the power sector for the period 2024-2029, aimed at addressing the country’s ongoing power shortages. The approval was granted during a weekly cabinet meeting chaired by Prime Minister Hun Manet on Friday, September ...
Khmer Times Staff
https://www.khmertimeskh.com/501567265/cambodia-approves-5-79b-investment-in-23-energy-projects-to-enhance-power-security-and-clean-energy-by-2030/
Promote Cambodian agri-products, Vissoth tells traders and investors
Vongsey Vissoth, Permanent Deputy Prime Minister in charge of the Office of the Council of Ministers and Chairman of National Archives of Cambodia urged traders and investors to promote the export of more Cambodian agricultural products to improve the livelihoods of farmers. ...
Mom Kunthear
https://www.khmertimeskh.com/501565935/promote-cambodian-agri-products-vissoth-tells-traders-and-investors/
CDC expands efforts to promote Kingdom in US, Canada
The government has shared several of the ways it is actively promoting the Kingdom’s potential for foreign investment and working to boost exports to international markets, as domestic production capacity continues to grow. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-expands-efforts-to-promote-kingdom-in-us-canada
Cambodia and Thailand pledge to strengthen investment ties
The Council for the Development of Cambodia (CDC) and the Board of Investment (BOI) of Thailand have agreed to enhance cooperation in promoting investment in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501562654/cambodia-and-thailand-pledge-to-strengthen-investment-ties/
Kingdom, EU open new dialogue platform
The first-ever Cambodia-Europe Public-Private Sector Dialogue was held at the Council for the Development of Cambodia (CDC), marking a significant milestone in fostering strong economic ties between the two. ...
Chea Vanyuth
https://www.khmertimeskh.com/501561890/kingdom-eu-open-new-dialogue-platform/
CDC reports 161 percent investment surge
The Council for the Development of Cambodia (CDC) Saturday announced that under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia (RGC) of the Seventh Legislature has attracted $7.5 billion of investment capital over one year period, marking a 161 percent rise ...
Nhean Chamrong
https://www.khmertimeskh.com/501560387/cdc-reports-161-percent-investment-surge/
China's Zhengzhou looks to invest in Cambodian rice for export
The Ministry of Agriculture, Forestry and Fisheries has announced that a delegation from Zhengzhou, the capital of China’s Henan province, has expressed interest in Cambodian products, including “high-quality and delicious rice”, and intend to process them for export to Chinese and international markets. ...
PM welcomes US firms keen on investing in agri-products
Prime Minister Hun Manet Tuesday welcomed the US companies seeking investment opportunities and interested in exporting Cambodian agricultural products to the US market, as well as promoting cooperation in the field of education in the Kingdom. ...
Mom Kunthea
https://www.khmertimeskh.com/501556625/pm-welcomes-us-firms-keen-on-investing-in-agri-products/
Investment projects worth over $1.2B approved in August
A total of 53 new and expansion investment projects with a combined value of over $1 billion were approved by the government in August. These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets. ...
Post Staff
https://www.phnompenhpost.com/business/investment-projects-worth-over-1-2b-approved-in-august
Cambodia nets $1.2 billion investments in August
The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501555835/cambodia-nets-1-2-billion-investments-in-august
Two new tyre plants approved in August, 3,500 jobs created
Two tyre manufacturing factories, with a total investment of $686 million, were approved by the Council for the Development of Cambodia (CDC) in August, creating 3,459 jobs. ...
Niem Chheng
https://www.phnompenhpost.com/business/two-new-tyre-plants-approved-in-august-3-500-jobs-created
Hun Sen proposes investment in rice mills to Indonesian leader
Cambodia Friday urged Indonesian companies to invest 100 percent in rice mills with options to export not only to Indonesia but also to other countries as well. ...
Mom Kunthea
https://www.khmertimeskh.com/501555315/hun-sen-proposes-investment-in-rice-mills-to-indonesian-leader/
Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges
The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits. ...
Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/
$2M Mekong-Lancang fund to support eight key projects in Cambodia
Cambodia and China will sign a $2 million deal under the Mekong-Lancang Cooperation Special Fund 2024 to support eight projects across various sectors, reflecting their commitment to regional development. ...
Khim Sokunthy
https://kiripost.com/stories/2m-mekong-lancang-fund-to-support-eight-key-projects-in-cambodia
Cambodia, China to sign MLC fund pact today
Cambodia will receive about $2 million from China under the Mekong-Lancang Cooperation (MLC) Special Fund for 2024. Both countries will sign an agreement on this on Thursday in Phnom Penh. ...
Manoj Mathew
https://www.khmertimeskh.com/501553298/cambodia-china-to-sign-mlc-fund-pact-today/
PPSP suffers net loss in Q2’24 amid robust share buyback
The special economic zone owner-operator has recorded zero land sales in the second fiscal quarter with revenue down 82 percent. A share buyback is underway to raise the stock price, which has fallen nearly 20 percent since its IPO price. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppsp-suffers-net-loss-in-q224-amid-robust-share-buyback
CCC, CCPIT Shanghai boost economic ties
The Cambodia Chamber of Commerce (CCC) and China’s Shanghai Council for the Promotion of International Trade (CCPIT Shanghai) Tuesday enhanced cooperation in trade and investment between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501552504/ccc-ccpit-shanghai-boost-economic-ties/