Economy and commerce
Investment
Cambodia seeks more economic cooperation with OIF nations
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. ...
Sar Socheath
https://www.khmertimeskh.com/501049475/cambodia-seeks-more-economic-cooperation-with-oif-nations/
Malacca, Malaysia delegation eyes four local sectors for investment
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). ...
Kingdom to have ‘at least 10’ EV stations by December
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-have-least-10-ev-stations-december
1.4GW Stung Treng hydropower dam okayed in principle
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. ...
Nov Sivutha
https://www.phnompenhpost.com/business/14gw-stung-treng-hydropower-dam-okayed-principle
World Bank talks about economic recovery and investments in education
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/501046003/world-bank-talks-about-economic-recovery-and-investments-in-education/
CDC okays $2.38B of projects in Jan-Feb
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. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
CDC okays $2.38B of projects in Jan-Feb
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. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
Talks encourage increased EV use
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. ...
Nov Sivutha
https://www.phnompenhpost.com/business/talks-encourage-increased-ev-use
Cambodia, EU renew trade, investment vows
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-eu-renew-trade-investment-vows
Cambodia, Oz to bolster trade, investment
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. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-bolster-trade-investment
Cambodia, EU renew trade, investment vows
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-eu-renew-trade-investment-vows
Preah Sihanouk ‘not to be crime base’
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. ...
Lay Samean
https://www.phnompenhpost.com/national/preah-sihanouk-not-be-crime-base
Cambodian garments, footwear and travel goods strategic plan to entice investors
Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom ...
Khmer Times Staff
https://www.khmertimeskh.com/501039009/cambodian-garments-footwear-and-travel-goods-strategic-plan-to-entice-investors/
Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021
The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...
Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/
Kingdom, Oman set to scale up trade, investment bonds
Cambodia and Oman have agreed to upgrade cooperation in trade and investment, identify priority areas, and explore the grounds to draw up agreements that resonate with both countries’ unique resources and abilities, according to the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-oman-set-scale-trade-investment-bonds
Cambodia attracts $4.35 billion in investments in 2021
Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/
First firm issued RCEP CO exporting shoes to China
A shoe exporter has become the first company in Cambodia to receive a Certificate of Origin (CO) to export goods to China under the Regional Comprehensive Economic Partnership (RCEP) ratified in October last year. ...
Hom Phanet
https://www.phnompenhpost.com/business/first-firm-issued-rcep-co-exporting-shoes-china
Russians mull Preah Sihanouk projects
A prominent Russian lawmaker has expressed his commitment to lure more enterprises from his country to invest in and do business in Preah Sihanouk province, especially in fields such as technology and heavy industry, according to a senior provincial official. ...
Nov Sivutha
https://www.phnompenhpost.com/business/russians-mull-preah-sihanouk-projects
Kingdom-Malaysia trade tops $500M
Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m
Trade pacts will draw investment to Cambodia
The Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. ...
Khmer Times Staff
https://www.khmertimeskh.com/501028665/trade-pacts-will-draw-investment-to-cambodia/
The Japanese Ambassador to Cambodia committed to continue efforts to promote Japanese FDI inflow into Cambodia
Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary-General of the Council for the Development of Cambodia, and Masahiro MIKAMI, Ambassador Extraordinary and Plenipotentiary of Japan to Cambodia, chaired the 23rd Meeting of the Cambodian Joint Committee – Japan on February 18, 2022 at ...
Khmer Times Staff
https://www.khmertimeskh.com/501028646/the-japanese-ambassador-to-cambodia-committed-to-continue-efforts-to-promote-japanese-fdi-inflow-into-cambodia/
Cambodian PM encourages more investments from Singapore
Prime Minister Hun Sen has urged Singapore to encourage more investors to do business in Cambodia. The encouragement was made during the courtesy meeting between the Cambodian Premier and visiting Singapore Foreign Minister Dr. Vivian Balakrishnan, at the Peace Palace Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501026685/cambodian-pm-encourages-more-investments-from-singapore/
Kingdom, South Korea plan for post-FTA era
South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-south-korea-plan-post-fta-era
Commerce chief asks Canada to mull Cambodia trade deal
Minister of Commerce Pan Sorasak has asked Canada to explore the possibility of establishing a bilateral free trade agreement (FTA) with the Kingdom as soon as practicable to improve trade flows between the two countries. ...
Hin Pisei
https://www.phnompenhpost.com/business/commerce-chief-asks-canada-mull-cambodia-trade-deal