Investment policy and regulations
Foreign investors
Prince Real Estate plans $300 mil project
China’s Prince Real Estate plans to invest $250-$300 million in a new project on Norodom Blvd. The new project will begin after the completion of the current condominium project which began last year and is due to be finished in 2018. Li Min, president of Prince Real ...
Sum Manet
http://www.khmertimeskh.com/news/23754/prince-real-estate-plans--300-mil-project/
Sovannaphum opens its first office
Sovannaphum Life Assurance Plc, a joint venture between Canadia Investment Holding and Muang Thai Life Assurance, last week officially opened its office in the Kingdom to provide services to Cambodians. ...
Sok Chan
http://www.khmertimeskh.com/news/23518/sovannaphum-opens-its-first-office/
Ministries announce new regulations for foreign business owners
The Ministry of Interior and the Ministry of Labor have imposed new regulations and legal conditions on foreign investment and businesses in Cambodia, with the ministries requiring foreign-owned companies to file correct legal papers and to strictly follow Cambodia’s immigration and labor laws, including foreign ...
Mom Kunthear
http://www.khmertimeskh.com/news/23349/ministries-announce-new-regulations-for-foreign-business-owners/
Thai paint manufacturer to build new factory
Thai paint manufacturer TOA Paint (Thailand) plans to invest at least 1 billion baht (about $28.2 million) in three new factories in Cambodia, Myanmar and Indonesia, according to a report in Thai newspaper The Nation. ...
Sum Manet
http://www.khmertimeskh.com/news/23284/thai-paint-manufacturer-to-build-new-factory/
Indian company plans to invest $1 billion in Cambodia
An India-based company is exploring investment opportunities in Cambodia’s real estate and hotel market and says it will invest $1 billion over five years. ...
Sum Manet
http://www.khmertimeskh.com/news/22859/indian-company-plans-to-invest--1-billion-in-cambodia/
Century 21 aims to increase Japanese investment
Century 21 Cambodia is now working with Century 21 Fuji Housing Co. Ltd. to draw more Japanese investment into the domestic property. ...
Sum Manet
http://www.khmertimeskh.com/news/22257/century-21-aims-to-increase-japanese-investment/
Donaco dumps its new junket operator
Donaco International Ltd has terminated its junket deal with Macau VIP gaming promoter Heng Sheng Group, saying the arrangement proved too restrictive for the marketing of its flagship Star Vegas Resort and Club in Poipet. ...
Cam McGrath
http://www.phnompenhpost.com/business/donaco-dumps-its-new-junket-operator
Cambodia and United States to sign investment treaty
Cambodia expects to conclude a Bilateral Investment Treaty (BIT) with the United States within the next month that is set to expand trade and investment between the two countries. ...
May Kunmakara
http://www.khmertimeskh.com/news/21770/cambodia-and-united-states-to-sign-investment-treaty/
Major Thai lender Kasikornbank to open first Cambodia branch
Kasikornbank, Thailand’s fourth-largest lender by assets, plans to open its first branch in Phnom Penh by August, according to a report from Nikkei Asian Review. ...
Sum Manet
http://www.khmertimeskh.com/news/21765/major-thai-lender-kasikornbank-to-open-first-cambodia-branch/
Ministry rolls out red carpet for Japanese investors
Government officials are encouraging Japanese investors to channel more funding into the country’s booming construction and property development market, with the Ministry of Land Management, Urban Planning and Construction rolling out the red carpet for them. ...
Sum Manet
http://www.khmertimeskh.com/news/21602/ministry-rolls-out-red-carpet-for-japanese-investors/
G-CCEI seeks Cambodia partners
Korean companies have expressed an interest in expanding into Asean, mostly in the high-tech and information technology (IT) sectors. According to a report in the Bangkok Post. ...
Sum Manet
http://bit.ly/219Sr8t
Thai restaurant chain aims for bite of Cambodian market
Thailand’s Wave Entertainment Plc will expand its steak restaurant chain to Cambodia next year, according to reports in Thai media. ...
Sum Manet
http://www.khmertimeskh.com/news/21464/thai-restaurant-chain-aims-for-bite-of-cambodian-market/
Cambodia approves legislation to attract MSAR investors
The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch. ...
João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors
Cambodia-Korea forum looks at new investment opportunities
The ASEAN-Korea Centre held a Cambodia-Korea Investment Forum at the Raffles Le Royal Hotel in Phnom Penh, Cambodia, on Feb. 2. ...
Rachel Lee
http://www.koreatimes.co.kr/www/news/nation/2016/02/176_197946.html
Thai logistics set to step into Cambodia
JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/21305/thai-logistics-set-to-step-into-cambodia/
Australian gold miner divests Cambodian subsidiary
Australia-listed Southern Gold has completed its divestment of its Cambodia’s subsidiary Southern Gold Asia, saying there was little interest among its investors in the company and that it would focus on its Cannon gold mine in Western Australia, according to a press release from the ...
May Kunmakara
http://www.khmertimeskh.com/news/21152/australian-gold-miner-divests-cambodian-subsidiary/
Japanese luxury chain to open hotel in capital
Japanese-owned Hotel Okura Co. Ltd. on Monday reached an agreement with TEHO Development Cambodia Pte. Ltd. – a subsidiary of Singapore-listed TEHO International – to develop and manage a luxury hotel in Phnom Penh as the company as part of its expansion in ASEAN, a ...
May Kunmakara
http://www.khmertimeskh.com/news/21155/japanese-luxury-chain-to-open-hotel-in-capital/
Appetite for investment in agriculture rising, forum told
South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...
Sok Chan
http://www.khmertimeskh.com/news/20905/appetite-for-investment-in-agriculture-rising--forum-told/
Nagacorp casino profits swell to $173M
Cambodian casino operator NagaCorp Ltd. posted a net profit of $172.6 million last year, a 27 per cent increase over the previous year, attributing the surge to increased business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. ...
Cam McGrath
http://www.phnompenhpost.com/business/nagacorp-casino-profits-swell-173m
Park Café adds a partner for growth
Food and beverage company Park Café has sold a 30 percent stake in its company to Cambodia-Laos Development Fund (CLDF) for $3 million, and the investment will be used to expand its operations in the capital and the provinces, a senior executive of the company ...
Sok Chan
http://www.khmertimeskh.com/news/20713/park-caf---adds-a-partner-for-growth/
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
Change of the guard
With the ASEAN Economic Community (AEC) expected to intensify business competition across the region, Thailand’s biggest industrial conglomerate expects to rise to the challenge under a new leader.Kan Trakulhoon is retiring as president and chief executive of Siam Cement Group (SCG) after a decade at ...
Nareerat Wiriyapong
http://www.bangkokpost.com/business/news/808916/change-of-the-guard
Chinese investment to ‘bear fruit soon’
Chinese Ambassador Bu Jiangua re-affirmed China’s commitment to the “One Belt, One Road Initiative” yesterday at a symposium in the capital. ...
Sok Chan
http://www.khmertimeskh.com/news/18940/chinese-investment-to----bear-fruit-soon---/
SCG vows Cambodian upgrade
SET-listed Siam Cement Group (SCG) will spend US$200 million to expand its investment in Cambodia from 2016-20.The focus will be on the cement and building materials sectors, which have strong potential to grow amid the Cambodian government’s policy of revving up infrastructure projects, said Kan ...
Lamonphet Apisitniran
http://www.bangkokpost.com/business/news/800748/scg-vows-cambodian-upgrade