Investment

Best Inc, a Chinese smart supply chain solutions and logistics services provider, on August 2 rolled out a “full-chain, direct logistics service” to send packages from China to Cambodia, Thailand and Vietnam, it said in a press release. ...

The General Department of Taxation at the Ministry of Economy and Finance and Japanese Embassy to Cambodia held a virtual discussion Monday in conjunction with the Japanese embassy on tax considerations for Japanese investors. ...

The Garment Manufacturers Association in Cambodia (GMAC) is welcoming new investments in one of the Kingdom’s pillar industries as new variants and outbreaks lead to a string of downgrades in economic projections. ...

The National Bank of Cambodia (NBC) and the National Social Security Fund (NSSF) have entered into a partnership on social security planning, investment management and human resource development. ...

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

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. ...

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. ...

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. ...

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. ...

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. ...

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 ...

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. ...

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. ...

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 ...

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.​ ...

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.​ ...

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. ...

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. ...

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

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. ...

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. ...

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.   ...

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”. ...

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. ...