Economy and commerce
Investment
Cambodia’s exports touch $20.5 billion in Jan-Nov
Cambodia’s exports topped $20.49 billion in the January-November period of this year, inched up by 1.2 percent compared to the same period last year, a General Department of Customs and Excise report said on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501405278/cambodias-exports-touch-20-5-billion-in-jan-nov/
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Cambodia’s Clean Energy drive attracts $65.5 million investment for 60 MW solar power plant
Investment projects in clean and renewable energy play a crucial role in the Cambodian government’s efforts to reduce emissions from fossil fuels. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404391/cambodias-clean-energy-drive-attracts-65-5-million-investment-for-60-mw-solar-power-plant/
Domestic and Chinese investors lead $619 million investment boom in Cambodia
The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/
Cambodia, Japan discuss cooperation expansion
Cambodian Prime Minister and Ambassador of Japan to Cambodia have discussed the strengthening and expansion of cooperation between the two countries in a number of areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501403908/cambodia-japan-discuss-cooperation-expansion/
EU seeks investors for cashew nut processing units in Cambodia
The European Union (EU) is seeking potential European investors in the cashew industry with an aim of shifting the cashew nut processing from neighbouring countries to Cambodia. ...
Ben Sokhean
https://www.khmertimeskh.com/501403200/eu-seeks-investors-for-cashew-nut-processing-units-in-cambodia/
Cambodian PM lauds WEF’s role in boosting public-private cooperation
Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397414/cambodian-pm-lauds-wefs-role-in-boosting-public-private-cooperation/
Cambodia welcomes more investment from Japan
Prime Minister of Cambodia, Hun Manet, has expressed welcome and support from more investment from Japan in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396100/cambodia-welcomes-more-investment-from-japan/
Cambodian expert says Xi’s proposal for another ‘golden 30 years’ crucial to Asia-Pacific
Chinese President Xi Jinping’s proposal to work together for another “golden 30 years” of the Asia-Pacific is crucial in the current global context, a Cambodian expert has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501395473/cambodian-expert-says-xis-proposal-for-another-golden-30-years-crucial-to-asia-pacific/
CDC approves two hydropower projects worth over $400 million
Two hydropower projects worth more than $400 million have been officially approved by the Council for the Development of Cambodia (CDC) for investment in Mondul Seima and Thmar Bang districts in Koh Kong province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501395670/cdc-approves-two-hydropower-projects-worth-over-400-million/
Foreigners can lease land for 50 years, says PM
During the government and private sector forum ceremony, Prime Minister Hun Manet underlined that the government has streamlined another mechanism of long-term leasehold rights in addition to the old mechanisms regarding foreigners leasing land. ...
Chhorn Raksmey
https://kiripost.com/stories/foreigners-can-lease-land-for-50-years-says-pm
Forum connects enterprises in five Southeast Asian countries
The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394870/forum-connects-enterprises-in-five-southeast-asian-countries/
Cambodia urges more collaborations between nations
To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say. ...
Khmer Times Staff
https://www.khmertimeskh.com/501389490/cambodia-urges-more-collaborations-between-nations/
Cambodia, Czech Republic agree to promote cooperation in trade and investment
The Kingdom of Cambodia and the Czech Republic have agreed to further boost their cooperation in trade and investment as well as to have more exchanges of high-level visits between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386509/cambodia-czech-republic-agree-to-promote-cooperation-in-trade-and-investment/
Skilled labour critical for new investment, underlines PM Hun Manet
The vocational and technical training for 1.5 million young people from poor and vulnerable households across the country at state institutions, without tuition fee charges will have skilled labourers to feed the production chain of investment. ...
Chea Vanyuth
https://www.khmertimeskh.com/501386316/skilled-labour-critical-for-new-investment-underlines-pm-hun-manet/
Philippines to boost labour, social security co-op
Cambodia and the Philippines have expressed their commitment to further strengthening cooperation to enhance labour rights and social security for the benefit of the people of both nations, as part of their partnership as ASEAN member states. ...
Post Staff
https://www.phnompenhpost.com/national/philippines-boost-labour-social-security-co-op
Cambodia eyes more Japan investment
Cambodia has urged Japan to collaborate in initiatives aimed at enticing investors and broadly promoting Cambodia’s appealing investment environment and incentives to Japanese stakeholders. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-more-japan-investment
Sun Chanthol asks Japan to promote positive investment in Cambodia
Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, requested that Japan positively disseminate Cambodia’s investment potential and other incentives to Japanese investors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501382891/sun-chanthol-asks-japan-to-promote-positive-investment-in-cambodia/
Cambodia’s CDC unveils $50-bn logistics initiative
Cambodian deputy prime minister Sun Chanthol recently announced a comprehensive $50-billion master plan for the country’s transport and logistics sectors comprising 174 projects. ...
Khmer Times Staff
https://www.khmertimeskh.com/501383722/cambodias-cdc-unveils-50-bn-logistics-initiative/
EU explores investment opportunities in Cambodia
An EU-ASEAN Business Council delegation landed in Cambodia to look into long-term investments in the country. In the first installment of two, Kiripost sits down with executive director, Chris Murphy, to see what progress was made. ...
Marissa Carruthers
https://kiripost.com/stories/eu-explores-investment-opportunities-in-cambodia
Cambodian PM: Cambodia-Japan cooperation will increase
Cambodia’s Prime Minister Hun Manet expressed his hope that Cambodia-Japan cooperation will increase in all fields, especially in tourism, investment and people-to-people exchange. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381559/cambodian-pm-cambodia-japan-cooperation-will-increase/
China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol
China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, creating more new opportunities for development in Cambodia, said Sun Chanthol, Deputy Prime Minister of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381557/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/
Manet urges improved ASEAN, Gulf State ties
Prime Minister Hun Manet has called for free and open trade, the stimulation of investment and the creation of a conducive environment to promote business between ASEAN and the Gulf states, as the two regions seek to strengthen ties at their historic first-ever ASEAN-Gulf Cooperation ...
Vong Daravady
https://www.phnompenhpost.com/national/manet-urges-improved-asean-gulf-state-ties
Cambodia signs investment, development deals in China
Cambodia and China signed several high-level cooperation documents on October 17, during Prime Minister Hun Manet’s visit to Beijing for the 3rd Belt and Road Forum for International Cooperation from October 17-18. On the sidelines of the forum, Manet also met with several Chinese investors who ...
Van Socheata and Ry Sochan
https://phnompenhpost.com/national-politics/cambodia-signs-investment-development-deals-china