China remains top in Kingdom’s FDI last year

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...

Chea Vanyuth
https://www.khmertimeskh.com/501068035/china-remains-top-in-kingdoms-fdi-last-year/

Firm wraps up study of waterborne logistic hub in capital

The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...

Rann Reuy
https://www.phnompenhpost.com/business/firm-wraps-study-waterborne-logistic-hub-capital

Foreign companies reminded to register for VAT before April 1

The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines.​​ ...

Hom Phanet
https://www.phnompenhpost.com/business/foreign-companies-reminded-register-vat-april-1

Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021

The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...

Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/

Kingdom-Malaysia trade tops $500M

Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m

Kingdom, South Korea plan for post-FTA era

South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-south-korea-plan-post-fta-era

Commerce chief asks Canada to mull Cambodia trade deal

Minister of Commerce Pan Sorasak has asked Canada to explore the possibility of establishing a bilateral free trade agreement (FTA) with the Kingdom as soon as practicable to improve trade flows between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/commerce-chief-asks-canada-mull-cambodia-trade-deal

Japanese company eyes a slice of silk pie

A Japanese company plans to invest in silk production, breeding silk worms in Battambang province to process into consumer products and exports, to boost economic growth and create more local jobs. ...

Nov Sivutha
https://www.phnompenhpost.com/business/japanese-company-eyes-slice-silk-pie

Phnom Penh Governor appeals for more Japanese investments in Cambodia

Phnom Penh Governor Khuong Sreng requested Japanese investors, through the Japan-Cambodia Association (JCA), to consider investing in the agriculture sector and other sectors. ...

Khmer Times Staff
https://www.khmertimeskh.com/501019076/phnom-penh-governor-appeals-for-more-japanese-investments-in-cambodia/

New non-SEZ projects fall 24.11%

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...

Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411

Working group on investment, economy set up with China

Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ...

Hom Phanet
https://www.phnompenhpost.com/business/working-group-investment-economy-set-china

Investment law to guide recovery, FTA uptake

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...

Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake

Business council enlisted in US investor push

Minister of Commerce Pan Sorasak expressed optimism that more US companies would discover Cambodia, and set up base in or expand operations in the Kingdom, as trade between the two countries logged more than $5.5 billion in January-August, up by 28.5 per cent year-on-year. ...

Hin Pisei
https://www.phnompenhpost.com/business/business-council-enlisted-us-investor-push

CDC signs off on seven factories

The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories

CDC hosts Japan investor meet

The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-hosts-japan-investor-meet

China tops list of investors in H1

China was ranked first in terms of foreign direct investment (FDI) equity inflows to Cambodia in the first half of this year, at about $2 billion, according to the Chinese ambassador.​ ...

Thou Vireak
https://phnompenhpost.com/business/china-tops-list-investors-h1

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

Sihanoukville records over $7 billion in construction

Cambodia’s coastal Preah Sihanouk province has attracted construction project investment valued at more than $7 billion over the last four years – most from Chinese nationals – the provincial administration said yesterday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50732207/sihanoukville-records-over-7-billion-in-construction/

Etiqa Insurance to get foothold in nation

Cambodia’s Ministry of Economy and Finance has granted a business licence to Etiqa Insurance & Takaful, a leading insurance provider in Malaysia, paving the way for the firm to tap into the Kingdom’s nascent insurance market, the company announced. ...

Chhut Bunthoeu
https://www.khmertimeskh.com/50726930/etiqa-insurance-to-get-foothold-in-nation/

Vietnam invests $9.5 million in Cambodia

Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50708029/vietnam-invests-9-5-million-in-cambodia/

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