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Cambodia, Laos & Myanmar – 2016 foreign investment outlook

Cambodia, Laos and Myanmar are amongst ASEAN’s smaller economies, yet all different and facing different issues. Taken as a trio, their collective GDP performance is still less than that as China’s Yunnan Province, which lies to the north of Cambodia and Laos, and is borders with eastern Myanmar. ...

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Asia Briefing Team
http://www.asiabriefing.com/news/2016/04/cambodia-laos-myanmar-2016-foreign-investment-outlook/

Malaysia’s Sunway in $220 mil regional expansion

Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. ...

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May Kunmakara
http://www.khmertimeskh.com/news/23471/malaysia---s-sunway-in--220-mil-regional-expansion/

Royal group seals $10 million loan for Koh Rong project

The Royal Group conglomerate has signed off on a $10 million loan from the Bangkok-based Export-Import Bank of Thailand (EXIM Thailand) for the construction of a five-star hotel and resort in Koh  Rong Island. ...

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May Kunmakara
http://www.khmertimeskh.com/news/23401/royal-group-seals--10-million-loan-for-koh-rong-project/

Commerce minister pushes Thais to invest

Sun Chanthol, the Minister of Commerce, was in Bangkok yesterday telling Thai business leaders and investors about the benefits of doing business in the Kingdom. ...

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Khmer Times Staff
http://www.khmertimeskh.com/news/23336/commerce-minister-pushes-thais-to-invest/

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 workers having work permits. ...

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Mom Kunthear
http://www.khmertimeskh.com/news/23349/ministries-announce-new-regulations-for-foreign-business-owners/

Stronger SMEs ‘needed to draw investors’

Building the capacity for Small and Medium Sized Enterprises (SMEs) is vital to attracting investors from the EU, where there is a strong appetite for putting money into Cambodia, a senior government official said yesterday. ...

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Sok Chan
http://www.khmertimeskh.com/news/23285/stronger-smes----needed-to-draw-investors---/

Namhong asks Malaysia to invest in rice mills

Foreign Minister Hor Namhong called for Malaysian businessmen to invest in rice mills and high-quality milling technology during a farewell meeting with the Malaysian ambassador to Cambodia, whose mission in the Kingdom ended yesterday. ...

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Ven Rathavong
http://www.khmertimeskh.com/news/23292/namhong-asks-malaysia-to-invest-in-rice-mills/

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. ...

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Sum Manet
http://www.khmertimeskh.com/news/23284/thai-paint-manufacturer-to-build-new-factory/

Cambodia hopes to turn Russian debt into investment

Prime Minister Hun Sen discussed the outstanding debt Cambodia owed to Russia on Wednesday, with the prime minister urging the debt be turned into investment and development in the country. ...

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Ven Rathavong
http://www.khmertimeskh.com/news/23197/cambodia-hopes-to-turn-russian-debt-into-investment/

Cambodian diaspora urged to invest back home

Cambodians who live abroad should be taking advantage of opportunities to invest in the Kingdom, despite the fact that skilled labor remains a problem, an advisor to the government said Friday. ...

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Chea Vannak
http://www.khmertimeskh.com/news/22969/cambodian-diaspora-urged-to-invest-back-home/

Thai company to build $30 million factory

One of Thailand’s leading agricultural groups and a major producer of animal feed will build a $30 million factory in the Phnom Penh Special Economic Zone, company officials announced last week. ...

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Sok Chan
http://www.khmertimeskh.com/news/22973/thai-company-to-build--30-million-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. ...

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Sum Manet
http://www.khmertimeskh.com/news/22859/indian-company-plans-to-invest--1-billion-in-cambodia/

Thais propose business centers in border areas

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports. ...

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May Kunmakara
http://www.khmertimeskh.com/news/22798/thais-propose-business-centers-in-border-areas/

ASEAN FTA with Hong Kong, China on track

Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...

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Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/

PTT to add 70 gas stations by 2020

An additional 70 gas stations will be set up across the country by 2020 by PTT (Cambodia) Limited, a subsidiary of Thailand’s PTT oil and gas conglomerate, while retail prices will soon be regulated to reflect the fluctuations in global oil prices. ...

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Sok Chan
http://www.khmertimeskh.com/news/22390/ptt-to-add-70-gas-stations-by-2020/

Private sector urged to spur infrastructure development

Poor infrastructure and transportation services are holding Cambodia back by stifling exports and investment, a conference was told yesterday. ...

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Chea Vannak
http://www.khmertimeskh.com/news/22389/private-sector-urged-to-spur-infrastructure-development/

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. ...

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Sum Manet
http://www.khmertimeskh.com/news/22257/century-21-aims-to-increase-japanese-investment/

Gov’t aims for more German investment

Government officials are seeking more investment from German companies, they said yesterday during a meeting with a delegation of executives from the country. ...

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Sok Chan
http://www.khmertimeskh.com/news/21901/gov---t-aims-for-more-german-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. ...

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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. ...

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May Kunmakara
http://www.khmertimeskh.com/news/21770/cambodia-and-united-states-to-sign-investment-treaty/

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