GFX spurns meeting set with gov’t and victims

Embattled derivatives brokerage GoldFX Investment Co Ltd (GFX) was a no show at a tripartite meeting with victims that had been scheduled for Friday. ...

Husain Haider
https://www.khmertimeskh.com/50907147/gfx-spurns-meeting-set-with-govt-and-victims/

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...

Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/

Cambodia and Russia agree to boost bilateral trade and investment

Cambodia and Russia have agreed to boost bilateral cooperation on trade and investment, as the two countries mark the 65-year anniversary of the establishment of diplomatic relations. ...

Chea Vanyuth
https://www.khmertimeskh.com/50906438/cambodia-and-russia-agree-to-boost-bilateral-trade-and-investment/

Kingdom, Russia in investment vow

Cambodia and Russia have pledged to explore ways to encourage and promote joint investment projects between the two countries, according to the Ministry of Foreign Affairs and International Cooperation. ...

Thou Vireak
https://phnompenhpost.com/business/kingdom-russia-investment-vow

Phnom Penh-Sihanoukville Expressway construction works on schedule

According to the Ministry of Public Works and Transport of Cambodia, the construction of the Phnom Penh-Sihanoukville Expressway is progressing smoothly and to date, the project has achieved 63% in terms of overall completion. ...

Khmer Times Staff
https://www.khmertimeskh.com/50905822/phnom-penh-sihanoukville-expressway-construction-works-on-schedule/

Cambodia, China renew pledge for $10B in trade value by 2023

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023

Global economic rebound to lift Cambodia’s export and investment

The National Bank of Cambodia (NBC)’s Governor Chea Chanto has said that the global economic recovery will support Cambodia’s export and investment sectors, reinforcing its position as a pillar of support for relevant sectors, to boost the national economy into positive growth and sow the ...

Khmer Times Staff
https://www.khmertimeskh.com/50901911/global-economic-rebound-to-lift-cambodias-export-and-investment/

Sahas E&C deal paves way for Phnom Penh Special Economics Zone (PPSEZ) buyback

Bourse-listed Phnom Penh Special Economic Zone Plc (PPSEZ) confirmed that it has absorbed the outstanding 40 percent stake in Sahas E&C Co Ltd – paving the way for the company to press forward with its proposed share buyback. ...

Husain Haider
https://www.khmertimeskh.com/50899001/sahas-ec-deal-paves-way-for-ppsez-buyback/

Cambodia may gain from Vietnam investing in better infrastructure

A plan to improve transport infrastructure in Vietnam’s Long An province may help the country achieve its stated goal of increasing trade with Cambodia. ...

Michael Firn
https://www.khmertimeskh.com/50898290/cambodia-may-gain-from-vietnam-investing-in-better-infrastructure/

Unions Demand Global Brands Help Workers Losing Income during Lockdown

Workers’ unions and civil society groups called on well-known fashion brands to do more to help Cambodian workers affected by the COVID-19 pandemic. This came after a new report stated that Cambodian garment sector workers had lost millions in wages during the lockdown from April ...

Lay Sopheavotey
https://cambodianess.com/article/unions-demand-global-brands-help-workers-losing-income-during-lockdown

Non-textile industrial exports up 50%

Cambodia earned $1.8997 billion from the export of non-textile-based industrial products in the first half of this year, an increase of 49.9 per cent from $1.2672 billion in the same period of 2020, the General Department of Customs and Excise of Cambodia (GDCE) reported.​ ...

Hin Pisei
https://phnompenhpost.com/business/non-textile-industrial-exports-50

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

Kingdom probes ACFTA for gains

Cambodia is committed to harnessing the potential of the ASEAN-China Free Trade Agreement (ACFTA) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. ...

Thou Vireak
https://phnompenhpost.com/business/kingdom-probes-acfta-gains

CBC, Thai Subcon collaborate to promote business and investment

Bangkok-based Cambodian Business Council (CBC) and Thai Subcontracting Promotion Association (Thai Subcon) have agreed to work together to promote the private sector cooperation between Cambodia and Thailand. ...

Khmer Times Staff
https://www.khmertimeskh.com/50894001/cbc-thai-subcon-collaborate-to-promote-business-and-investment/

Cambodia, India discuss agricultural cooperation

Minister of Agriculture, Forestry and Fisheries and Indian Ambassador to Cambodia have discussed agricultural cooperation between Cambodia and India. ...

Khmer Times Staff
https://www.khmertimeskh.com/50893981/cambodia-india-discuss-agricultural-cooperation/

Kingdom probes ACFTA for gains

Cambodia is committed to harnessing the potential of the ASEAN-China Free Trade Agreement (ACFTA) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. ...

Thou Vireak
https://phnompenhpost.com/business/kingdom-probes-acfta-gains

World’s largest secure logistics firm enters Cambodian market

WorldBridge Secure Logistics (WSL) has rebranded as Brink’s WorldBridge Secure Logistics (BWSL) with the full fledged entry into Cambodia of Brink’s, the world’s largest secure logistics company. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50891936/worlds-largest-secure-logistics-firm-enters-cambodian-market/

Cambodia’s new investment law becomes more attractive and considerate for investors

The Draft Law on Investment of the Kingdom of Cambodia was approved by the Royal Government in the Plenary Meeting of the Council of Ministers chaired by Prime Minister Hun Sen.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50891114/cambodias-new-investment-law-becomes-more-attractive-and-considerate-for-investors/

SSEZ handles $994M in goods

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssez-handles-994m-goods

New investment law draft ready to make Cambodia more attractive

The Council of the Ministers approved the new investment law draft last week in order to attract increased investment flow to the Kingdom and enhance the nation’s economic diversification and competitiveness. ...

Chea Vanyuth
https://www.khmertimeskh.com/50891685/covid-19-victim-new-investment-law-draft-ready-to-make-cambodia-more-attractive/

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