Economy and commerce
Investment
SERC combat illegal investment schemes
The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes
Investment in processing for local products urged by Tina
Agriculture minister Dith Tina describes how Cambodia is in need of upstream investors to provide capital for the machinery needed to add value to the Kingdom’s agricultural export products. ...
Van Socheata
https://www.phnompenhpost.com/national/investment-in-processing-for-local-products-urged-by-tina
Cambodia attracts 268 new FDI’s, which creates more than 307,000 jobs in 2023
Cambodia attracted fixed-asset investment of $4.92 billion in 2023, up 22 percent from $4.03 billion in a year earlier, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501417705/cambodia-attracts-268-new-fdis-which-creates-more-than-307000-jobs-in-2023/
CDC okays projects valued $5b in 2023
Up to $4.9 billion of total investment capital for 268 investment projects have been approved by the Council for the Development of Cambodia (CDC) in 2023, with some 307,000 jobs created, according to its statement on Wednesday. ...
Thang Sinorn
https://kiripost.com/stories/cdc-okays-projects-valued-5b-in-2023
Surge in industrial sector expected for ‘24
Economists and business leaders anticipate a dynamic 2024 for Cambodia’s industrial sector, with the government expecting it to outpace services and agriculture, driven by a wave of new investment projects. ...
Hin Pisei
https://www.phnompenhpost.com/business/surge-in-industrial-sector-expected-for-24
Cambodia’s exports to RCEP members up 27 pct in 11 months: report
Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/
Cambodia, Japan discuss special economic zone establishment
Inter-ministries and a Japanese delegation have discussed a study project on the establishment of Cambodia-Japan Special Economic Zone, aimed to encourage more Japanese investors to invest in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413751/cambodia-japan-discuss-special-economic-zone-establishment/
Korean businessmen keen on Cambodia’s investment environment
Cambodian Ambassador to Korea ChringBotumrangsay shared candid insights on the burgeoning bilateral relations, highlighting the economic synergy between the two nations at a business investment event on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501411620/korean-businessmen-keen-on-cambodias-investment-environment/
Chinese investors seek agri-investment opportunities in K Speu
A group of Chinese investors and businessmen from Beijing have expressed interest in investing in agriculture, agro-industry and industry sectors in Kampong Speu province ...
Chea Vanyuth
https://www.khmertimeskh.com/501407301/chinese-investors-seek-agri-investment-opportunities-in-k-speu/
Cambodia planning $100M in bond issue
The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue
Economic and trade ties with Hungary enhanced
Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...
Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced
Cambodia to turn family farming to strategic production for export
Cambodian Prime Minister Hun Manet told a Vietnamese company yesterday that Cambodia is setting a goal to turn family farming into a strategic production for export. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406135/cambodia-to-turn-family-farming-to-strategic-production-for-export/
Cambodian PM meets leaders of Vietnamese companies
Cambodian Prime Minister Hun Manet received yesterday in Hanoi Mr. PhanDucTu, Board Chairman of the Bank for Investment and Development of Vietnam (BIDV), during his stay in Vietnam for a two-day official visit. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406158/cambodian-pm-meets-leaders-of-vietnamese-companies/
Cambodia’s exports touch $20.5 billion in Jan-Nov
Cambodia’s exports topped $20.49 billion in the January-November period of this year, inched up by 1.2 percent compared to the same period last year, a General Department of Customs and Excise report said on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501405278/cambodias-exports-touch-20-5-billion-in-jan-nov/
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Cambodia’s Clean Energy drive attracts $65.5 million investment for 60 MW solar power plant
Investment projects in clean and renewable energy play a crucial role in the Cambodian government’s efforts to reduce emissions from fossil fuels. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404391/cambodias-clean-energy-drive-attracts-65-5-million-investment-for-60-mw-solar-power-plant/
Domestic and Chinese investors lead $619 million investment boom in Cambodia
The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/
Cambodia, Japan discuss cooperation expansion
Cambodian Prime Minister and Ambassador of Japan to Cambodia have discussed the strengthening and expansion of cooperation between the two countries in a number of areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501403908/cambodia-japan-discuss-cooperation-expansion/
EU seeks investors for cashew nut processing units in Cambodia
The European Union (EU) is seeking potential European investors in the cashew industry with an aim of shifting the cashew nut processing from neighbouring countries to Cambodia. ...
Ben Sokhean
https://www.khmertimeskh.com/501403200/eu-seeks-investors-for-cashew-nut-processing-units-in-cambodia/
Cambodian PM lauds WEF’s role in boosting public-private cooperation
Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397414/cambodian-pm-lauds-wefs-role-in-boosting-public-private-cooperation/
Cambodia welcomes more investment from Japan
Prime Minister of Cambodia, Hun Manet, has expressed welcome and support from more investment from Japan in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396100/cambodia-welcomes-more-investment-from-japan/
Cambodian expert says Xi’s proposal for another ‘golden 30 years’ crucial to Asia-Pacific
Chinese President Xi Jinping’s proposal to work together for another “golden 30 years” of the Asia-Pacific is crucial in the current global context, a Cambodian expert has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501395473/cambodian-expert-says-xis-proposal-for-another-golden-30-years-crucial-to-asia-pacific/
CDC approves two hydropower projects worth over $400 million
Two hydropower projects worth more than $400 million have been officially approved by the Council for the Development of Cambodia (CDC) for investment in Mondul Seima and Thmar Bang districts in Koh Kong province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501395670/cdc-approves-two-hydropower-projects-worth-over-400-million/
Foreigners can lease land for 50 years, says PM
During the government and private sector forum ceremony, Prime Minister Hun Manet underlined that the government has streamlined another mechanism of long-term leasehold rights in addition to the old mechanisms regarding foreigners leasing land. ...
Chhorn Raksmey
https://kiripost.com/stories/foreigners-can-lease-land-for-50-years-says-pm