Investment
Investment policy and regulations
GDT: Chinese companies must fulfil duty obligations
The General Department of Taxation (GDT) said Chinese investment is contributing greatly to the Kingdom’s tax revenue and called on Chinese companies to properly fulfil their tax obligations. Speaking at a forum on Mechanism of Cambodia-China Fiscal Cooperation on Friday, GDT director-general Kong Vibol said: ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-chinese-companies-must-fulfil-duty-obligations
Chinese project in Cambodia raises alarms of military build-up
While Cambodia welcomes an ongoing influx of Chinese tourists, investment and development, the world at large increasingly suspects that China is launching a military build-up in the country for stronger Chinese influence in Southeast Asia. Dara Sakor, a new China-backed coastal resort in Koh Kong ...
Kyodo News
https://www.bangkokpost.com/world/1728967/chinese-project-in-cambodia-raises-alarms-of-military-build-up
New organisation to boost Japan-Cambodia business ties
The official website of the Cambodian Embassy in Japan reported that Cambodian Ambassador Ung Rachana hosted the opening ceremony for the Japan-Cambodia Culture and Business Council (JCBC) on Tuesday. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50630252/new-organisation-to-boost-japan-cambodia-business-ties/
Influx of Chinese business travelers, investors to Cambodia drives construction boom
Cambodia’s economy has seen an influx of business investors from China, which has driven demand for housing and hospitality services in the Southeast Asian nation. Two million Chinese visited the country last year, an increase of around 67 per cent from 2017. They represented the ...
Martin Choi
https://www.scmp.com/property/international/article/3020644/influx-chinese-business-travellers-investors-cambodia-drives
South Korea seeking to invest in six sectors
A group of South Korean delegates on Monday announced that it was seeking to invest in six priority areas in the Kingdom, a move aimed at boosting trade between the two countries. The plans were discussed during a meeting between the Council of Development of Cambodia ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50617654/south-korea-seeking-to-invest-in-six-sectors/
CDC approves $600m in investments
The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million. According to a post on CDC’s Facebook page yesterday, 11 projects were greenlighted on June 5-7, amounting to a total investment of $597 million. CDC estimates the projects will generate ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50612918/cdc-approves-600m-in-investments/
Cambodia, South Korea commit to stronger trade relations
Prime Minister Hun Sen and his South Korean counterpart, President Moon Jae-in, on Friday agreed to work together to boost trade and investment between the two nations. On Saturday, Mr Moon left Cambodia after a three-day state visit during which he also led a delegation ...
May Kunmakara
https://www.khmertimeskh.com/50587660/cambodia-south-korea-commit-to-stronger-trade-relations/
Leading Chinese textile maker starts to build huge factory in Cambodia
Shenzhou International Group Holdings, a leading Chinese clothing manufacturer, on Wednesday broke ground for the construction of a new 150-million-U.S.-dollar garment factory here after operating in the country for 14 years. Lt. Gen. Hun Manet, deputy commander-in-chief of the Royal Cambodian Armed Forces, and Chinese ...
Xinhua
http://www.xinhuanet.com/english/2019-03/06/c_137873415.htm
Chinese to invest in Kingdom’s rice
China’s Henan Yuguang International Economic and Technical Cooperation Co Ltd (HYIETC) has expressed interest in investing in the Kingdom’s rice facilities – a move welcomed by the government and the rice industry. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/chinese-invest-kingdoms-rice
PM hails ‘troubled’ Koh Kong project
Prime Minister Hun Sen on Friday lauded the Chinese developer behind Koh Kong province’s $3.8 billion tourism project, despite it causing a decade-long dispute with the villagers there. “The Union Development Group [UDG] transformed the quiet area in Koh Kong province into an attractive tourist ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/pm-hails-troubled-koh-kong-project
Chinese investment in Cambodia to diversify into SME finance
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 ...
Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/
Activists claim Chinese investment fueling land disputes in Cambodia
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. ...
Hul Reaksmey
https://www.voacambodia.com/a/activists-claim-chinese-investment-fueling-land-disputes-in-cambodia/4637185.html
Hun Sen: Claim that China is ‘invading’ Kingdom is crazy
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 ...
Mech Dara
https://www.phnompenhpost.com/national/hun-sen-claim-china-invading-kingdom-crazy
Indonesian businesses look for local partners
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. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/indonesian-businesses-look-local-partners
Boao Forum to further bolster Cambodia-China relations
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. ...
Sok Chan
https://www.khmertimeskh.com/50537483/boao-forum-to-further-bolster-cambodia-china-relations/
Cambodia is primed and open for business
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 ...
Kohe Hasan, Sin Soputhi and Billie Slott
https://www.businesstimes.com.sg/opinion/cambodia-is-primed-and-open-for-business
Firms eye Kingdom as tariffs mount on factories in China
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. ...
Hor Kimsay
https://www.phnompenhpost.com/business/firms-eye-kingdom-tariffs-mount-factories-china
PM vows to ‘protect’ Chinese interests
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 ...
Meas Sokchea
https://www.phnompenhpost.com/national/pm-vows-protect-chinese-interests
Koh Kong ‘Vacation Town’ to cost $1.2B
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. ...
Hor Kimsay
https://www.phnompenhpost.com/business/koh-kong-vacation-town-cost-12b
China should invest in Battambang milling plant
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. ...
May Kunmakara
https://www.khmertimeskh.com/50519249/china-should-invest-in-battambang-milling-plant/
Kingdom ranks second for FDI from VN
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 ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-ranks-second-fdi-vn
PM hails China as strategic partner
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, ...
Niem Chheng
https://www.phnompenhpost.com/national/pm-hails-china-strategic-partner
Siem Reap resort in works by China firm
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 ...
Hor Kimsay
https://www.phnompenhpost.com/business/siem-reap-resort-works-china-firm
Chinese construction depot opens in Kandal
A Chinese-owned depot for furniture and construction materials officially open yesterday in Kandal province, 20 kilometres from downtown Phnom Penh. ...
Sok Chan
https://www.khmertimeskh.com/50503746/chinese-construction-depot-opens-in-kandal/