Investment
Investment policy and regulations
Chinese patent deal to come into effect this month
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. ...
Sok Chan
http://www.khmertimeskh.com/50113909/chinese-patent-deal-to-come-into-effect-this-month/
China, Cambodia venture to raise new building
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. ...
Sum Manet
http://www.khmertimeskh.com/50113907/china-cambodia-venture-to-raise-new-building/
Sihanoukville to welcome new Marriott hotel
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. ...
May Kunmakara
http://www.khmertimeskh.com/50113798/sihanoukville-to-welcome-new-marriott-hotel/
Prospect of another Koh Kong dam raised
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. ...
Hor Kimsay
http://www.phnompenhpost.com/business/prospect-another-koh-kong-dam-raised
Hun Manet: Sihanoukville is not Macau
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 ...
Mom Sophon
http://www.khmertimeskh.com/50112151/hun-manet-sihanoukville-is-not-macau/
Japanese investment worth $1.6 billion in 2017
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). ...
Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/
Japan firm eyes stake in local MFI Chamroeun
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. ...
Post Staff
http://www.phnompenhpost.com/business/japan-firm-eyes-stake-local-mfi-chamroeun
Chinese investment in Cambodian province pushes up crime rate, says governor
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. ...
Prak Chan Thul
https://www.reuters.com/article/us-cambodia-china/chinese-investment-in-cambodian-province-pushes-up-crime-rate-says-governor-idUSKBN1FF0XP
How China is changing the nation’s seaside resort
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 ...
May Titthara
http://www.khmertimeskh.com/50104595/how-china-is-changing-the-nations-seaside-resort/
Chinese demand drives construction boom in Cambodia
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 ...
Prak Chan Thul
https://www.reuters.com/article/cambodia-construction/chinese-demand-drives-construction-boom-in-cambodia-idUSL3N1PB2YA
China deals swiftly signed
Cambodian and Chinese officials and business leaders yesterday signed 19 agreements during a visit to Phnom Penh by Chinese Premier Li Keqiang, boosting Chinese investment at a time when the regional power has upped its economic and political support for Hun Sen’s government. ...
Hor Kimsay and Cheng Sokhorng
http://www.phnompenhpost.com/business/china-deals-swiftly-signed
Cambodia finds new target for real estate: Chinese investors
Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese investors, who have only recently taken interest in the nation’s real estate market. ...
Chris Horton
https://www.nytimes.com/2018/01/09/business/cambodia-real-estate.html
Trade with China on the upswing
Cambodia’s exports to China, the second largest economy in the world, rose sharply during the first 11 months of 2017, by as much as 18 percent compared with the same period in 2016, according to the latest data from the Ministry of Commerce. ...
May Kunmakara
http://www.khmertimeskh.com/50100171/trade-china-upswing/
Beach sellers must make room for Chinese investors
Preah Sihanouk provincial authorities will ask the government to deal with 10 sellers who refuse to relocate from Koh Puos – or Hawaii beach – and Lomher Kay beach. Vendors’ representatives have asked for compensation from provincial authorities to relocate to a new area. ...
Pech Sotheary
http://www.khmertimeskh.com/5099381/beach-sellers-must-make-room-chinese-investors/
Testing the winds in Cambodia’s energy sector
A new study on wind energy and its potential to diversify Cambodia’s energy sector is now being conducted, with results expected for mid next year, according to a representative of the Ministry of Mines and Energy. ...
Chea Vannak
http://www.khmertimeskh.com/5093692/testing-winds-cambodias-energy-sector/
World Bank outlook remains bright despite political concern
Cambodia’s economy is predicted to remain strong and resilient for the next two years, fuelled by a shift to higher value-added manufacturing, despite lingering concerns over political stability and the slowed growth of both the construction and garment sectors, the World Bank said yesterday in ...
Kali Kotoski
http://www.phnompenhpost.com/business/world-bank-outlook-remains-bright-despite-political-concern
Development council approves three projects worth $8M
The Council for the Development of Cambodia (CDC) approved three new investment projects with a combined investment capital of nearly $8 million, according to a release. ...
Post Staff
http://www.phnompenhpost.com/business/development-council-approves-three-projects-worth-8m
Japanese logistics company plans expansion
Nippon Express, a Japanese company specialising in truck, rail and air transport services, is now eyeing an expansion of its operations in Cambodia, according to a recent government announcement. ...
Sum Manet
http://www.khmertimeskh.com/5090784/japanese-logistics-company-plans-expansion/
Vietnam asked to invest in rubber
During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...
Chea Vannak
http://www.khmertimeskh.com/5089361/vietnam-asked-invest-rubber/
CDC to post project decisions on Facebook
The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...
Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/cdc-post-project-decisions-facebook
Business a priority: Hun Many
Ruling Cambodian People’s Party (CPP) lawmaker Hun Many reassured investors yesterday, saying the government was focusing on ensuring a good investment climate in the country underpinned by social stability. ...
May Kunmakara
http://www.khmertimeskh.com/5087901/business-priority-hun-many/
Japan to open elder care training centre
A new centre will launch in April 2018 to train Cambodian migrant workers to work with elderly people in Japan. On Tuesday, Minister of Labour Ith Samheng said the Japanese company Procast Asia would establish the centre. ...
Sen David
http://www.khmertimeskh.com/5087827/japan-open-elder-care-training-centre/
Japanese investors eye the Cambodian market
Ith Sam Heng, the Minister of Labour and Vocational Training, met yesterday with Yoshio Kondo, the director of Procast Asia, who is leading a delegation of businessmen from the Toukaizaikai Association, an organisation that has more than 300 member companies in the manufacturing industry and ...
May Kunmakara
http://www.khmertimeskh.com/5087659/japanese-investors-eye-cambodian-market/
Denmark’s Damco launches new head office
The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...
Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/