Economy and commerce
Investment
Minister of Agriculture informs the Brazilian foreign minister about the potential of the agricultural sector in Cambodia
Dith Tina, Minister of Agriculture, Forestry, and Fisheries, and other leaders received a courtesy call and discussed with Maura Vieira, Minister of Foreign Affairs of Brazil, at the Ministry of Agriculture, Forestry, and Fisheries on October 11. ...
Khmer Times Staff
https://www.khmertimeskh.com/501375468/minister-of-agriculture-informs-the-brazilian-foreign-minister-about-the-potential-of-the-agricultural-sector-in-cambodia/
China pledges more cooperation with Cambodia
A Chinese official has pledged to further strengthen cooperation between Cambodia and China with a strong commitment to building China-Cambodia Community with a Shared Future in the New Era. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374627/china-pledges-more-cooperation-with-cambodia/
Cambodia attracts record foreign investment growth
Despite global and regional economic downturns due to ongoing geopolitical conflict, Cambodia continues to be a beacon for investments. In the first nine months of 2023, the Kingdom drew in fixed-asset investments worth $3.76 billion, marking an 8.6 per cent rise from the $3.46 billion ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-attracts-record-foreign-investment-growth
Become a Cambodian citizen through investment: Everything you need to know
The Law on Nationality of Cambodia, established in 1996, provides opportunities for foreigners to obtain citizenship through investments in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374000/become-a-cambodian-citizen-through-investment-everything-you-need-to-know/
Cambodia attracts $3.76 billion investment in Q3
Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/
EnerCam pioneers onshore oilfield exploration, ESG/CSR
Canada-owned EnerCam Exploration Ltd, through its subsidiary Angkor Resources Corp, has completed a community assessment mission on Block VIII, a 7.3sq km oil and gas license, with a focus on environmental, social, and governance (ESG) principles and corporate social responsibility (CSR). ...
May Kunmakara
https://phnompenhpost.com/business/enercam-pioneers-onshore-oilfield-exploration-esgcsr
Manet urges UK cooperation on renewable energy, green economy
During his October 4 meeting with British ambassador Dominic Williams, Prime Minister Hun Manet reiterated that Cambodia’s foreign policy – including bilateral relations with the UK – will remain unchanged under his administration. The premier also expressed hope that more Cambodian products will be exported ...
Sok Raksa
https://www.phnompenhpost.com/national/manet-urges-uk-cooperation-renewable-energy-green-economy
U.S companies to explore investment opportunities in Cambodia
Cambodian Prime Minister Hun Manet said some U.S. companies will soon explore investment opportunities in Cambodia after his recent trip to the U.S. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371073/u-s-companies-to-explore-investment-opportunities-in-cambodia/
Upcoming Government-Private Sector Forum to tackle business and investment challenges
The Government-Private Sector Forum, scheduled to take place in November this year, will address and tackle challenges in businesses and investment and set up strategic drives to boost the economy, said Cambodian Prime Minister Hun Manet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371086/upcoming-government-private-sector-forum-to-tackle-business-and-investment-challenges/
CDC approves investment of $256.56 million, ‘27K new jobs’
The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs
Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy
The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/
Belt and Road Economic Information Partnership records growth with 56 members
A significant meeting was conducted in the bustling eastern Chinese city of Shanghai last Wednesday to deliberate on economic information sharing, focusing on enriching the ongoing efforts of the Belt and Road Initiative (BRI). ...
Khmer Times Staff
https://www.khmertimeskh.com/501369310/belt-and-road-economic-information-partnership-records-growth-with-56-members/
Cambodia, AIIB sign financing agreement worth $43 million
Royal Government of Cambodia (RGC) and the Asian Infrastructure Investment Bank (AIIB) Tuesday signed an agreement worth $43 million for the cross-border livestock health and value chain infrastructure improvement project, said a statement. ...
Kang Sothear
https://www.khmertimeskh.com/501368436/cambodia-aiib-sign-financing-agreement-worth-43-million/
New investment law entices Hong Kong investors
Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-investment-law-entices-hong-kong-investors
$1B needed to finish unfinished projects in Sihanoukville
At least $1 billion is required to invest in completing the unfinished buildings in the coastal city Sihanoukville, said a senior official at the Preah Sihanouk Provincial Administration. ...
Kang Sothear
https://www.khmertimeskh.com/501366193/1b-needed-to-finish-unfinished-projects-in-sihanoukville/
Protecting against investment fraud in the securities sector
The SERC was established on October 19, 2007 under “Preah Reach Kram No. NS/RKM/1007/028”, which promulgated the “Law on the Issuance and Trading of Non-Government Securities”, as the sole authority to regulate, monitor and develop the securities sector in the Kingdom. ...
CDC encourages investment from Islam World members
Sun Chanthol, first vice-president of the Council of the Development of Cambodia (CDC), encouraged entrepreneur members of the Malay World Islam World (DMDI) to consider investing in the Kingdom, highlighting the many incentives in place to reward economic opportunities in the country. ...
Van Socheata
https://www.phnompenhpost.com/business/cdc-encourages-investment-islam-world-members
UK investment, exports set to grow
Recently-appointed UK Prime Minister’s Trade Envoy to Cambodia and Laos Heather Wheeler is looking to expand trade and investment with Cambodia as the two countries celebrate 70 years of diplomatic relations. ...
May Kunmakara
https://www.phnompenhpost.com/business/uk-investment-exports-set-grow
Protecting against investment fraud in the securities sector
While no investment is entirely without risk, the Securities and Exchange Regulator of Cambodia (SERC) is 100 per cent committed to ensuring that investors in the Kingdom are protected from fraudulent practices. ...
Foreign Ministry: PM Hun Manet engages in fruitful meetings with foreign dignitaries and business leaders in New York
Prime Minister Hun Manet has engaged in fruitful meetings with foreign dignitaries and business leaders during his trip to New York from Sept. 21 to 24 to attend the General Debate of the 78th Session of the United Nations General Assembly, according to a press ...
Khmer Times Staff
https://www.khmertimeskh.com/501366571/foreign-ministry-pm-hun-manet-engages-in-fruitful-meetings-with-foreign-dignitaries-and-business-leaders-in-new-york/
Dr Hun Manet encourages Pfizer to continue finding investment opportunities in Cambodia
Prime Minister of the Kingdom of Cambodia, Dr Hun Manet has encouraged Pfizer to continue to find investment and business opportunities in Cambodia and promote relations with stakeholders, especially the Ministry of Health of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501366584/dr-hun-manet-encourages-pfizer-to-continue-finding-investment-opportunities-in-cambodia/
PM’s US trip aims to attract investors
Prime Minister Hun Manet will travel to the US this week and the visit is expected to attract more American investors and businessmen to Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501363030/pms-us-trip-aims-to-attract-investors/
Victims of tycoon’s alleged land fraud turn to child Labor and migration to repay debt
Like many of her neighbors in Kampong Cham, Seang Sinath borrowed tens of thousands of dollars to invest in a tycoon’s land scheme, falling into overindebtedness when the company stopped paying her back. ...
Sovann Sreypich
https://cambojanews.com/victims-of-tycoons-alleged-land-fraud-turn-to-child-labor-and-migration-to-repay-debt/
CDC approves $34.6 million worth of investment projects
Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/