Cambodia new investments totaling $900 million spread over nine provinces

Cambodia registered 40 new investment projects worth more than US$900 million in the first three months of this year, according to the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50706552/cambodia-new-investments-totaling-900-million-spread-over-nine-provinces/

Fighting corruption in business

The Anti-Corruption Unit (ACU) yesterday inked a memorandum of understanding (MoU) with the Japanese Business Association in Cambodia (JBAC), to build trust and create a better investment environment for Japanese companies and other investors in Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50706190/fighting-corruption-in-business/

Casino workers protest unpaid wages

Nearly a hundred employees of Sihanoukville’s Yaduoli Casino yesterday staged a protest over outstanding wages after the company failed to pay them. ...

Sen David
https://www.khmertimeskh.com/50704577/casino-workers-protest-unpaid-wages/

Three investment projects to create 2,000 jobs

The Council for the Development of Cambodia has approved three investment projects with a total capital of US$7 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50702925/three-investment-projects-to-create-2000-jobs/

Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market

Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...

Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market

5G: Ministry proposes joint partnerships to maximise investment

The Ministry of Posts and Telecommunications of Cambodia (MPTC) has asked regulators to explore the possibility of telecom operators Kingtel and Seatel jointly running as providers on Cambodia’s new 5G network. ...

Sok Chan
https://www.khmertimeskh.com/50700681/5g-ministry-proposes-joint-partnerships-to-maximise-investment

CDC: Investment in Kingdom stable

The Council for the Development of Cambodia (CDC) approved four projects, worth a combined $17.4 million, during the first 10 days of February. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-investment-kingdom-stable

Aftermath of Chinese Exodus from Sihanoukville

 Over the past few years with the influx of Chinese nationals and Cambodians working in Sihanoukville, landlords have been laughing all the way to the bank through rentals. Locals who visit the city regularly complained about high rentals for hotels, guesthouses and even food. Some ...

Ben Sokhean
https://www.khmertimeskh.com/50697816/aftermath-of-chinese-exodus-from-sihanoukville

Projects worth millions agreed

The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...

Sok Chan
https://www.khmertimeskh.com/50695073/projects-worth-millions-agreed

Billions of dollars set to boost visitor attractions in Kingdom

The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50693276/billions-of-dollars-set-to-boost-visitor-attractions-in-kingdom

As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors

The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...

Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors

Cambodia benefits from Japanese tech

Minister of Economy and Finance Aun Pornmoniroth has encouraged the Japanese-owned Kirirom Institute of Technology to seek more Japanese technology companies to aid the establishment of the Eco-Technology Park at the Kirirom resort in Kampong Speu province. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-benefits-japanese-tech

Koreans eyeing bank IPO

Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...

May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo

CDC okays investments worth over $83 million

Ten investment projects worth $83.7 million were approved by the Council for the Development of Cambodia (CDC) this week, it said in a press release said on Tuesday. The projects are anticipated to create some 4,744 jobs. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-okays-investments-worth-over-83-million

Key stakeholders report Kingdom’s investment climate friendly, favourable

In a series of interviews conducted by a World Economic Forum team with key stakeholders across policymakers, firms, business associations and researchers, amounting to 41 separate entities,  firms have reported Cambodia as possessing a friendly investment and business environment. ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50691650/key-stakeholders-report-kingdoms-investment-climate-friendly-favourable

Japan calls for policy changes

Representatives of Japanese companies and investors on Wednesday submitted a list of policy recommendations to the government concerning 21 challenges to the Kingdom’s business climate. Japanese Ambassador to Cambodia Masahiro Mikami and leaders of the Japanese Business Association in Cambodia (JBAC), Japan International Cooperation Agency and ...

May Kunmakara
https://www.phnompenhpost.com/business/japan-calls-policy-changes

Chamber president calls for stronger South Korea business ties

Cambodia Chamber of Commerce (CCC) president Kith Meng on Tuesday called for stronger business and investment relations between the Kingdom and South Korea. He was speaking on the sidelines of the World Summit 2020 in Seoul, South Korea, after a meeting between the Korea International ...

May Kunmakara
https://www.phnompenhpost.com/business/chamber-president-calls-stronger-south-korea-business-ties

CDC approves seven projects in January

The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million. The figures were released by CDC throughout the month and calculated by The Post. The EU is scheduled to decide whether to keep or withdraw ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-january

Thai firm to build plant in Pursat

Thai-based Precise Electric Manufacturing Co Ltd is planning to build an electric equipment plant in Pursat province to cash in on the high demand in the Kingdom. The announcement was made during a meeting between Pursat provincial governor Mao Thornin and the firm’s representatives on ...

Thou Vireak
https://www.phnompenhpost.com/business/thai-firm-build-plant-pursat

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