Economy and commerce
Investment
Exports through SEZs reach $5.4 billion in 11 months
Cambodia’s exports through Special Economic Zones (SEZs) reached $5.4 billion in the first 11 months of this year, a report from the Ministry of Commerce showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501613484/exports-through-sezs-reach-5-4-billion-in-11-months/
Govt approves investments worth nearly $7B this year
Prime Minister Hun Manet on Friday said that the Council for the Development of Cambodia (CDC) approved 414 investment projects worth $6.90 billion in 2024, an increase of 40 percent compared to $4.92 billion last year. ...
Nhean Chamrong
https://www.khmertimeskh.com/501612421/govt-approves-investments-worth-nearly-7b-this-year/
Regional cooperation crucial to combat online fraud in Preah Sihanouk
Preah Sihanouk authorities are calling for regional cooperation to combat online fraud, citing the complexity of these crimes and the need for stronger law enforcement efforts. This comes ahead of an investment summit aimed at attracting investors and addressing the unfinished buildings in the province. ...
Kuch Sikol
https://kiripost.com/stories/regional-cooperation-crucial-to-combat-online-fraud-in-preah-sihanouk
Industry Minister discusses technology platform, and investment opportunities with Chinese delegation
Hem Vanndy, Minister of Industry, Science, Technology & Innovation, met here on Dec. 11 with a delegation from the Chinese Investment in Cambodia Association and 86Links Co., Ltd. ...
Khmer Times Staff
https://www.khmertimeskh.com/501607662/industry-minister-discusses-technology-platform-and-investment-opportunities-with-chinese-delegation/
Asialink guides Australian investors towards Cambodia
Australian think-tank, Asialink Business, recently released the ‘Doing Business Guide 2024: Cambodia’ in a bid to improve business cooperation between the two countries. According to the report, Cambodia currently offers targeted opportunities for expanding Australian businesses, thanks to its rapidly growing economy, strong regional connections across ...
James Whitehead
https://www.khmertimeskh.com/501606787/asialink-guides-australian-investors-towards-cambodia/
Cambodia urges Qatar’s investment and trade promotion
Senate President Hun Sen Tuesday urged Prime Minister of the State of Qatar Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani to encourage Qatari investors to invest in Cambodia and promote trade between the two countries. . ...
Sum Mane
https://www.khmertimeskh.com/501606799/cambodia-urges-qatars-investment-and-trade-promotion/
Major American companies explore investment opportunities in Cambodia
A delegation of major American companies has shown interest in the Kingdom’s investment potential, thanks to the favourable conditions for investing in the country. Cambodian exports to the US in the first 11 months of the year exceeded $9 billion, reflecting an 11% increase compared ...
WB weighs in on Kingdom’s logistics plans
Cambodia’s containerized import and export cargo movement has increased more than five-fold over the past 12 years and is set to double again by 2030, straining the market’s logistics capacity. ...
James Whitehead
https://www.khmertimeskh.com/501605557/wb-weighs-in-on-kingdoms-logistics-plans/
Cambodia eyes boost in tourism, investment from Hong Kong, Macau
Cambodia is optimistic about increasing the number of Chinese tourists and investors, particularly from Hong Kong and Macau, following fruitful discussions during the “GX Foundation Khmer Cuisine Charity Dinner”. ...
Over 40 investment projects with $940 Million in capital approved by the CDC in November
In November, the Council for the Development of Cambodia (CDC) endorsed 40 new investment projects and 3 production expansion projects with a total investment capital of $940 million, generating some 39,000 job opportunities for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501604458/over-40-investment-projects-with-940-million-in-capital-approved-by-the-cdc-in-november/
FDI inflows hit $8.1B in one year
In one year between September 2023 and September 2024, Cambodia’s Foreign Direct Investment (FDI) inflows surged to $8.1 billion, according to a report by the Ministry of Economy and Finance (MEF). ...
Sum Manet
https://www.khmertimeskh.com/501602507/fdi-inflows-hit-8-1b-in-one-year/
Stronger Japanese direct investment sought with business matching event
Cambodia is optimistic about attracting additional direct investment from Japan, following a meeting between major Cambodian business leaders and Japanese financiers to explore the business climate and partnership opportunities across various sectors. ...
Cambodia, UK discuss ways to enhance private investment
The Council for the Development of Cambodia (CDC) and the Department of Business & Trade (DBT) of the United Kingdom held a roundtable meeting to discuss mechanisms to improve the investment climate for British private companies. ...
Nhean Chamrong
https://www.khmertimeskh.com/501593978/cambodia-uk-discuss-ways-to-enhance-private-investment/
PM says Kingdom provides safe investment environment
Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...
Mom Kunthea
https://www.khmertimeskh.com/501590518/pm-says-kingdom-provides-safe-investment-environment/
CDC endorses 31 investment projects worth $226 million in October
In October alone, the Council for the Development of Cambodia (CDC) endorsed 31 investment projects with a total investment capital of $226 million, generating 16,000 job opportunities for the local people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586729/cdc-endorses-31-investment-projects-worth-226-million-in-october/
PM seeks Chinese investment in agri sector
Prime Minister Hun Manet encouraged Chinese companies to invest in Cambodia’s agricultural sector, particularly in high-potential crops such as durian, cashew nuts, and cassava. ...
Mom Kunthea
https://www.khmertimeskh.com/501587948/pm-seeks-chinese-investment-in-agri-sector/
HKGCC probes Kingdom’s investment climate
A delegation of Hong Kong General Chamber of Commerce (HKGCC), led by its Chairman of Asia-Africa-Middle East Committee, Dewan Saiful Alam, has visited Cambodia to learn more about Cambodia’s investment opportunities and potential. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586377/hkgcc-probes-kingdoms-investment-climate/
New Japanese PM commits to strengthen cooperation with Cambodia
Japan’s new Prime Minister Shigeru Ishiba expressed his gratitude to Senate President Hun Sen for his congratulatory message upon his appointment. ...
Nop Sreymao
https://www.khmertimeskh.com/501582501/new-japanese-pm-commits-to-strengthen-cooperation-with-cambodia/
25 more projects receive incentives in Sihanoukville
The Royal Government of Cambodia (RGC) has approved special incentives for 25 projects in Preah Sihanouk province, including 12 projects for completing unfinished buildings, 12 new projects and one expansion project, with a total investment budget of $917 million. ...
Nhean Chamrong
https://www.khmertimeskh.com/501582226/25-more-projects-receive-incentives-in-sihanoukville/
GTC gets $19.97M financing from EXIM Bank for telecom infrastructure in Cambodia
Global Tower Corporation Pty Ltd (GTC), a prominent telecommunications infrastructure company in Cambodia, has secured $19.97 million in financing from Export-Import Bank of Malaysia Berhad (EXIM Bank Malaysia) to support the expansion of essential telecommunications infrastructure across the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/501578332/gtc-gets-19-97m-financing-from-exim-bank-for-telecom-infrastructure-in-cambodia/
Cambodia attracts $443 million in new FDI
Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. ...
Manoj Mathew
https://www.khmertimeskh.com/501579714/cambodia-attracts-443-million-in-new-fdi/
An early look at how Cambodia’s economic vision is shaping up
There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...
Nhean Chamrong
https://www.khmertimeskh.com/501577061/an-early-look-at-how-cambodias-economic-vision-is-shaping-up/
Chanthol points up 4 key factors for FDI attraction
Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...
Chea Vanyuth
https://www.khmertimeskh.com/501577098/chanthol-points-up-4-key-factors-for-fdi-attraction/
Cambodia eyes boost in Australian investment
Australian ambassador to Cambodia Derek Yip expressed interest in Cambodia’s infrastructure development plans, as trade between the two countries exceeded $220 million in the first three quarters of 2024. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-boost-in-australian-investment