Investment

A high percentage of the Covid-19 vaccinated population, and the new investment law put into force last year have helped increase the number of new investment projects in Cambodia. ...

Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...

Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...

The Council for the Development of Cambodia (CDC) has granted investment licences to four private companies. ...

Prince Bank Plc invested an additional $35 million – totalling $50 million – in the Techo International Airport (TIA) Guaranteed Bond on Thursday. ...

Preparation for the Preah Sihanouk Multi-Purpose Special Economic Zone masterplan is entering into the second phase, which illustrates the future of the plan, once the Ministry of Economy and Finance reviews and finalises the draft results from the report’s first phase. ...

Prime Minister Hun Sen has urged the transport ministry to find ways to upgrade the existing railway to a high-speed system in order to improve logistics infrastructure and facilitate Cambodia’s rapid socio-economic expansion.   ...

Thai discount wholesaler Siam Makro Pcl plans to spend 11 billion baht ($330 million) this year to expand its operations, and open two new Makro stores in Cambodia, 30 in Thailand and three in India, hoping to tap into soaring demand, according to group CEO ...

Prime Minister Hun Sen has reassured UNESCO and the International Coordinating Committee for Safeguarding and Development of the Historic Site of Angkor ( ICC-Angkor) that the heritage of Angkor remains unaffected by development, saying that Cambodia will follow the conditions under which the temple was ...

In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...

The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines.​​ ...

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

Cambodia is seeking more economic, trade, and investment ties with Francophonie nations, Prime Minister Hun Sen told visiting Secretary-General of the International Organization of La Francophonie (OIF) Louise Mushikiwabo at a meeting yesterday. ...

Leaders and businesspeople from the Malaysian state of Malacca have vowed to promote investment among compatriots in four target Cambodian sectors – education and vocational training; real estate; mining; and energy, according to the Council for the Development of Cambodia (CDC). ...

Cambodia aims to have “at least 10” operational electric vehicle (EV) charging stations nationwide by end-2022, in the capital and “key provinces”, according to the public works minister on March 22.   ...

The government has agreed in principle to a 1,400MW hydropower dam in Stung Treng province to be built jointly by local conglomerate Royal Group of Companies Ltd and China (Cambodia) Rich International Co Ltd.   ...

World Bank Regional Vice President for East Asia and Pacific Manuela V. Ferro appreciated Cambodia’s effective COVID-19 response and encouraged the country to boost investments in education while jump starting economic recovery during her country visit between March 13 and 17. ...

The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes.   ...

The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...

The Ministry of Public Works and Transport has held a series of discussions with electricity providers and sustainability organisations to support the development of policies that will encourage mass use of electric vehicles (EV) in Cambodia.   ...

Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic. ...

Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. ...

Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic. ...

Minister of Interior Sar Kheng has declared that Preah Sihanouk province must not develop a reputation for being a “crime base”, insisting that its image must be restored ahead of the Commune Council Election in order to regain the trust of foreign investors. ...