Foreign investors

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

Cambodian land rights activists have accused Chinese investors of fueling land disputes through unscrupulous land acquisition and development. The advocates made the comments during a two-day meeting in Phnom Penh earlier this month. ...

Prime Minister Hun Sen on Wednesday slammed critics over claims that China is “invading” Cambodia, calling the argument “crazy”. Speaking to members of Cambodian diaspora in Geneva, Switzerland, Hun Sen said some people were concerned about the influx of Chinese nationals who live and work ...

Some 80 businessmen from Cambodia and Indonesia gathered at a trade fair in Phnom Penh on Wednesday to forge partnerships and explore ways to boost bilateral trade. ...

The Boao Forum for Asia-Phnom Penh Conference brought together this week Chinese and Cambodian leading business ​people and politicians to discuss economic ties between the countries and promote inter-regional economic cooperation. ...

On July 29, the Cambodian People’s Party (CPP) declared victory in the country’s general election. With the elections out of the way, Phnom Penh, once known as the “Pearl of Asia”, can again be viewed as a hub of opportunity, especially given Cambodia’s robust average ...

The Kingdom is becoming more attractive than ever for fashion companies that are looking to diversify their supply chains in response to the escalating trade war between the US and China, industry experts say. ...

Prime Minister Hun Sen on Tuesday told Chinese companies investing in Cambodia not to worry about contract cancellation in the Kingdom. Speaking at a roundtable meeting with business executives in China as co-chair of the China-Asean Expo, the prime minister told six Chinese conglomerates with ...

Union Development Group (UDG), the Chinese developer behind Koh Kong province’s $3.8 billion tourism project called Dara Sakor, has unveiled plans for yet another project called “Tourism Vacation Town”. The announcement comes despite the company releasing little information about its previously touted venture. ...

The Minister of Commerce Pan Sorasak urged a Hunan-based company to take advantage of the vast, untapped potential in the agricultural sector and to invest in an export processing plant in Battambang. ...

The Kingdom ranked second in the first half of the year for overseas Vietnamese investments, receiving about $32 million of the total $263 million outflow from the eastern neighbour. The Vietnamese General Statistics Office (GSO) said from January to June this year, that country’s businesses ...

Prime Minister Hun Sen defended Chinese support and investment in Cambodia on Monday at the inauguration of an overpass in Phnom Penh, hailing the two nations’ “partnership in comprehensive strategies”. During the inauguration of the Dey Hoy Sky Bridge in the capital’s Sen Sok district, ...

Shanghai-based Join.In Hospitality Management (JHM) has revealed plans to expand its Tonino Lamborghini Hotel & Resort – a luxury hotel chain – by opening a hotel in Siem Reap, its first outside China. In a press release, JHM announced earlier this week that it has ...

A Chinese-owned depot for furniture and construction materials officially open yesterday in Kandal province, 20 kilometres from downtown Phnom Penh.​ ...

The validation agreement between China’s State Intellectual Property Office (Sipo) and Cambodia will enter into force by the end of this month, helping protect Chinese invention patents in the kingdom. ...

Local group OTK Royal One signed a partnership agreement this week with Chinese firm Huasi Group to build a 62-storey commercial building in Phnom Penh. ...

Local real-estate firm Grand Lion Group reached a deal with US-based Marriott group to manage and operate a new five-star hotel in the coastal city of Sihanoukville. ...

The government is forming an interministerial committee to review an application from a Chinese firm to build another hydropower dam in Koh Kong province, according to a spokesman from the Mines and Energy Ministry. ...

Royal Cambodian Armed Forces chief of joint staff Hun Manet has said he disagrees that Preah Sihanouk province, where Chinese investment in hotels and casinos has skyrocketed, will become a second Macau. Lieutenant General Manet made the comment on Monday during a ground-breaking ceremony for the ...

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Cambodian microfinance institution (MFI) Chamroeun Microfinance Plc is negotiating with Japanese firm Renet Japan Group to sell a 90 percent stake in the MFI to the Japanese used goods dealer, according to Nikkei Asian Review. ...

China’s growing presence and investment in a fast-developing Cambodian port and province have pushed up the crime rate and brought instability, its governor said in a letter to the government. ...

The seaside city of Sihanoukville, the home to Cambodia’s only deep-sea port, has seen massive investment from China in the past few years, and while some local people have welcomed the inflow of money, others feel they’re missing out. The signs of Chinese investment are everywhere ...

The value of construction projects in Cambodia rose more than 22 percent to $6.4 billion in 2017 from the previous year, according to official figures released on Tuesday that showed the impact of a boom driven by Chinese investors. The high level of Chinese investment is ...