Economy and commerce
Investment
Kingdom, EU open new dialogue platform
The first-ever Cambodia-Europe Public-Private Sector Dialogue was held at the Council for the Development of Cambodia (CDC), marking a significant milestone in fostering strong economic ties between the two. ...
Chea Vanyuth
https://www.khmertimeskh.com/501561890/kingdom-eu-open-new-dialogue-platform/
CDC reports 161 percent investment surge
The Council for the Development of Cambodia (CDC) Saturday announced that under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia (RGC) of the Seventh Legislature has attracted $7.5 billion of investment capital over one year period, marking a 161 percent rise ...
Nhean Chamrong
https://www.khmertimeskh.com/501560387/cdc-reports-161-percent-investment-surge/
China's Zhengzhou looks to invest in Cambodian rice for export
The Ministry of Agriculture, Forestry and Fisheries has announced that a delegation from Zhengzhou, the capital of China’s Henan province, has expressed interest in Cambodian products, including “high-quality and delicious rice”, and intend to process them for export to Chinese and international markets. ...
PM welcomes US firms keen on investing in agri-products
Prime Minister Hun Manet Tuesday welcomed the US companies seeking investment opportunities and interested in exporting Cambodian agricultural products to the US market, as well as promoting cooperation in the field of education in the Kingdom. ...
Mom Kunthea
https://www.khmertimeskh.com/501556625/pm-welcomes-us-firms-keen-on-investing-in-agri-products/
Investment projects worth over $1.2B approved in August
A total of 53 new and expansion investment projects with a combined value of over $1 billion were approved by the government in August. These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets. ...
Post Staff
https://www.phnompenhpost.com/business/investment-projects-worth-over-1-2b-approved-in-august
Cambodia nets $1.2 billion investments in August
The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501555835/cambodia-nets-1-2-billion-investments-in-august
Two new tyre plants approved in August, 3,500 jobs created
Two tyre manufacturing factories, with a total investment of $686 million, were approved by the Council for the Development of Cambodia (CDC) in August, creating 3,459 jobs. ...
Niem Chheng
https://www.phnompenhpost.com/business/two-new-tyre-plants-approved-in-august-3-500-jobs-created
Hun Sen proposes investment in rice mills to Indonesian leader
Cambodia Friday urged Indonesian companies to invest 100 percent in rice mills with options to export not only to Indonesia but also to other countries as well. ...
Mom Kunthea
https://www.khmertimeskh.com/501555315/hun-sen-proposes-investment-in-rice-mills-to-indonesian-leader/
Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges
The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits. ...
Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/
$2M Mekong-Lancang fund to support eight key projects in Cambodia
Cambodia and China will sign a $2 million deal under the Mekong-Lancang Cooperation Special Fund 2024 to support eight projects across various sectors, reflecting their commitment to regional development. ...
Khim Sokunthy
https://kiripost.com/stories/2m-mekong-lancang-fund-to-support-eight-key-projects-in-cambodia
Cambodia, China to sign MLC fund pact today
Cambodia will receive about $2 million from China under the Mekong-Lancang Cooperation (MLC) Special Fund for 2024. Both countries will sign an agreement on this on Thursday in Phnom Penh. ...
Manoj Mathew
https://www.khmertimeskh.com/501553298/cambodia-china-to-sign-mlc-fund-pact-today/
PPSP suffers net loss in Q2’24 amid robust share buyback
The special economic zone owner-operator has recorded zero land sales in the second fiscal quarter with revenue down 82 percent. A share buyback is underway to raise the stock price, which has fallen nearly 20 percent since its IPO price. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppsp-suffers-net-loss-in-q224-amid-robust-share-buyback
CCC, CCPIT Shanghai boost economic ties
The Cambodia Chamber of Commerce (CCC) and China’s Shanghai Council for the Promotion of International Trade (CCPIT Shanghai) Tuesday enhanced cooperation in trade and investment between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501552504/ccc-ccpit-shanghai-boost-economic-ties/
27 projects worth $306 million get incentives in Preah Sihanouk
With this, the number of projects eligible under the special investment promotion programme soared to 110. ...
Manoj Mathew
https://www.khmertimeskh.com/501552494/27-projects-worth-306-million-get-incentives-in-preah-sihanouk/
IFC invests over $438 million in Cambodia’s financial sector
International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...
Nhean Chamrong
https://www.khmertimeskh.com/501551175/ifc-invests-over-438-million-in-cambodias-financial-sector/
China continues to top table of foreign investment in Cambodia
China remains Cambodia’s top investor while the US sits at the bottom of the scale, with a socio-economic expert warning about the need to balance relations between the two superpowers. ...
Meas Molika
https://kiripost.com/stories/china-continues-to-top-table-of-foreign-investment-in-cambodia
Cambodia attracts $7.5 billion investments in govt’s first year
Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501550327/cambodia-attracts-7-5-billion-investments-in-govts-first-year/
CDC approves nearly 400 investment projects worth over $7.5 billion in one year
From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/
PM says Cambodia needs more Chinese investments
Prime Minister Hun Manet said on Tuesday that the country needs more Chinese investments, highlighting potential areas for investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501545080/pm-says-cambodia-needs-more-chinese-investments/
Korean FDI ranks 2nd in Cambodia, Ambassador Park says
Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...
Nhean Chamrong
https://www.khmertimeskh.com/501542173/korean-fdi-ranks-2nd-in-cambodia-ambassador-park-says/
Jiangsu, Shantou seek more investment in Cambodia
China’s Jiangsu province and Shantou city in Guangdong are seeking to enhance cooperation with Cambodia to boost investment and trade between the two nations. ...
Ry Sochan
https://www.phnompenhpost.com/business/jiangsu-shantou-seek-more-investment-in-cambodia
Cambodia, South Korea to boost bilateral cooperation on all fronts
Cambodia and South Korea are committed to expand bilateral cooperation on defence, tourism, people-to-people exchanges and education. ...
Hang Punreay
https://www.khmertimeskh.com/501540967/cambodia-south-korea-to-boost-bilateral-cooperation-on-all-fronts/
Korean Ambassador praises Cambodia’s investment policy
The Ambassador of the Republic of Korea to Cambodia Tuesday commended the Cambodian government for its proactive measures to enhance the investment climate in the country, stressing that more Korean investors are keen to explore opportunities in the Kingdom. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540926/korean-ambassador-praises-cambodias-investment-policy/
Govt calls for integrating investment data into CDC system
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant ministries to examine the possibility of optimising the Investment Project Application (IPA) by reconciling data with the CDC’s new system to improve convenience in ...
Nhean Chamrong
https://www.khmertimeskh.com/501540956/govt-calls-for-integrating-investment-data-into-cdc-system/