Investment
Investment policy and regulations
Prince Real Estate plans $300 mil project
China’s Prince Real Estate plans to invest $250-$300 million in a new project on Norodom Blvd. The new project will begin after the completion of the current condominium project which began last year and is due to be finished in 2018. Li Min, president of Prince Real ...
Sum Manet
http://www.khmertimeskh.com/news/23754/prince-real-estate-plans--300-mil-project/
Sovannaphum opens its first office
Sovannaphum Life Assurance Plc, a joint venture between Canadia Investment Holding and Muang Thai Life Assurance, last week officially opened its office in the Kingdom to provide services to Cambodians. ...
Sok Chan
http://www.khmertimeskh.com/news/23518/sovannaphum-opens-its-first-office/
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. ...
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 ...
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. ...
Sok Chan
http://www.khmertimeskh.com/news/23285/stronger-smes----needed-to-draw-investors---/
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. ...
Sum Manet
http://www.khmertimeskh.com/news/23284/thai-paint-manufacturer-to-build-new-factory/
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. ...
Chea Vannak
http://www.khmertimeskh.com/news/22969/cambodian-diaspora-urged-to-invest-back-home/
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. ...
Sum Manet
http://www.khmertimeskh.com/news/22859/indian-company-plans-to-invest--1-billion-in-cambodia/
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. ...
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. ...
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. ...
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. ...
May Kunmakara
http://www.khmertimeskh.com/news/21770/cambodia-and-united-states-to-sign-investment-treaty/
Major Thai lender Kasikornbank to open first Cambodia branch
Kasikornbank, Thailand’s fourth-largest lender by assets, plans to open its first branch in Phnom Penh by August, according to a report from Nikkei Asian Review. ...
Sum Manet
http://www.khmertimeskh.com/news/21765/major-thai-lender-kasikornbank-to-open-first-cambodia-branch/
Ministry rolls out red carpet for Japanese investors
Government officials are encouraging Japanese investors to channel more funding into the country’s booming construction and property development market, with the Ministry of Land Management, Urban Planning and Construction rolling out the red carpet for them. ...
Sum Manet
http://www.khmertimeskh.com/news/21602/ministry-rolls-out-red-carpet-for-japanese-investors/
Former prime minister wins defamation case
A former MEC Co. Ltd shareholder was tried in absentia by the Court of Appeals yesterday morning for allegedly defaming his former company and MEC’s chairman, former Cambodian Prime Minister Ung Huot, in 2014, according to a court official. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/21540/former-prime-minister-wins-defamation-case/
G-CCEI seeks Cambodia partners
Korean companies have expressed an interest in expanding into Asean, mostly in the high-tech and information technology (IT) sectors. According to a report in the Bangkok Post. ...
Sum Manet
http://bit.ly/219Sr8t
Insurance industry sees double-digit premium growth
Total premiums for general insurance rose 16.4 percent last year to about $61.6 million, from $53 million in 2014, with property, fire, vehicle and medical insurance leading the way, the Insurance Association of Cambodia said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/21463/insurance-industry-sees-double-digit-premium-growth/
Thai restaurant chain aims for bite of Cambodian market
Thailand’s Wave Entertainment Plc will expand its steak restaurant chain to Cambodia next year, according to reports in Thai media. ...
Sum Manet
http://www.khmertimeskh.com/news/21464/thai-restaurant-chain-aims-for-bite-of-cambodian-market/
Cambodia approves legislation to attract MSAR investors
The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch. ...
João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors
Cambodia-Korea forum looks at new investment opportunities
The ASEAN-Korea Centre held a Cambodia-Korea Investment Forum at the Raffles Le Royal Hotel in Phnom Penh, Cambodia, on Feb. 2. ...
Rachel Lee
http://www.koreatimes.co.kr/www/news/nation/2016/02/176_197946.html
Thai logistics set to step into Cambodia
JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/21305/thai-logistics-set-to-step-into-cambodia/
Australian gold miner divests Cambodian subsidiary
Australia-listed Southern Gold has completed its divestment of its Cambodia’s subsidiary Southern Gold Asia, saying there was little interest among its investors in the company and that it would focus on its Cannon gold mine in Western Australia, according to a press release from the ...
May Kunmakara
http://www.khmertimeskh.com/news/21152/australian-gold-miner-divests-cambodian-subsidiary/
Japanese luxury chain to open hotel in capital
Japanese-owned Hotel Okura Co. Ltd. on Monday reached an agreement with TEHO Development Cambodia Pte. Ltd. – a subsidiary of Singapore-listed TEHO International – to develop and manage a luxury hotel in Phnom Penh as the company as part of its expansion in ASEAN, a ...
May Kunmakara
http://www.khmertimeskh.com/news/21155/japanese-luxury-chain-to-open-hotel-in-capital/
Appetite for investment in agriculture rising, forum told
South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...
Sok Chan
http://www.khmertimeskh.com/news/20905/appetite-for-investment-in-agriculture-rising--forum-told/