Economy and commerce
Investment
Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct
Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...
May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct
Firms seek to resume high rise construction in Sihanoukville
The Covid-19 pandemic brought high-rise building construction in Preah Sihanouk province to a halt when it began, resulting in several business disputes that four real estate companies are now working together to solve, according to provincial governor Kuch Chamroeun. ...
Voun Dara
https://www.phnompenhpost.com/national/firms-seek-resume-high-rise-construction-sihanoukville
Real estate ‘still boasts potential’
Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...
Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential
Investment law, FTA to boost Cambodia-Korea ties: envoys
South Korean ambassador to Cambodia Park Heung-kyeong is highly optimistic that the new Cambodian investment law and free trade agreement (FTA) signed between the two countries would be important factors in enhancing bilateral trade and encouraging more direct investment flows from South Korea to the ...
May Kunmakara
https://www.phnompenhpost.com/business/investment-law-fta-boost-cambodia-korea-ties-envoys
$550M of investment projects get CDC nod
The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...
Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod
146 Japanese investment projects registered at CDC
The Council of the Development of Cambodia (CDC) approved 146 Japanese qualified investment projects (QIP) as of October with a total investment capital of $2.853 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/50970276/146-japanese-investment-projects-registered-at-cdc/
Investment law to guide recovery, FTA uptake
The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...
Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake
Business council enlisted in US investor push
Minister of Commerce Pan Sorasak expressed optimism that more US companies would discover Cambodia, and set up base in or expand operations in the Kingdom, as trade between the two countries logged more than $5.5 billion in January-August, up by 28.5 per cent year-on-year. ...
Hin Pisei
https://www.phnompenhpost.com/business/business-council-enlisted-us-investor-push
U.S. companies confirm business expansion in Cambodia
U.S. companies will expand their businesses and inject more investment in Cambodia contributing to the economic recovery of the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/50964563/u-s-companies-confirm-business-expansion-in-cambodia/
Opening ‘not ideal’ for investors to return
The business community has welcomed a government decision to ease restrictions for local and foreign investors who reside in the Kingdom, particularly the waiver of hotel quarantine and the option to isolate at home. ...
May Kunmakara
https://www.phnompenhpost.com/business/opening-not-ideal-investors-return
Koh Kong airport’s first test flight early 2022
The first trial flight is set to land in Koh Kong province’s Dara Sakor International Airport in late January or early in February, according to the company in charge of construction. ...
May Kunmakara
https://www.phnompenhpost.com/business/koh-kong-airports-first-test-flight-early-2022
Japan gov’t to help build small hydrogen stations
To encourage the spread of hydrogen-powered fuel cell vehicles (FCV), the Japanese government will help build small-scale hydrogen stations around the country. ...
Asia News Network
https://www.phnompenhpost.com/business/japan-govt-help-build-small-hydrogen-stations
Cambodia, South Korea endorse FTA
The Cambodia-Korea Free Trade Agreement (CKFTA) was endorsed on October 26, to pave the way for the two countries to enhance bilateral trade and investment flows. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-south-korea-endorse-fta
CDC signs off on seven factories
The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories
Cambodia and Australian trade ministers meet to discuss boost of trade and investment
The Cambodian Minister of Trade met with the Australian counterpart to discuss opportunities and ways in which trade and investment could be boosted in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/50959210/cambodia-and-australian-trade-ministers-meet-to-discuss-boost-of-trade-and-investment/
Cambodia plans the inaugural issuance of $300 million sovereign bonds of $300 million next year
The Royal Government of Cambodia plans to issue the first $300 million worth sovereign bond to raise fund to finance public investment projects, aiming at boosting the country’s economic growth and productivity. ...
Khmer Times Staff
https://www.khmertimeskh.com/50958999/cambodia-plans-the-inaugural-issuance-of-300-million-sovereign-bonds-of-300-million-next-year/
Investment fabric ‘vital to LDC recoveries’
Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/investment-fabric-vital-ldc-recoveries
Low-cost homes ‘ready 2022’
Construction of the $70 million two-phased Arakawa Residence affordable housing development in western Phnom Penh remains on track to be completed by mid-2022, developer Arakawa Co Ltd co-founder Ieng Sotheara told The Post on October 20. ...
Hin Pisei
https://www.phnompenhpost.com/post-property/low-cost-homes-ready-2022
New regulations set for casino minimum capital
Cambodia has set a minimum capital requirement for new and existing casinos. ...
Nov Sivutha
https://www.phnompenhpost.com/business/new-regulations-set-casino-minimum-capital
U.S.-ABC interested to invest in various sectors in Cambodia
U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...
Khmer Times Staff
https://www.khmertimeskh.com/50955248/u-s-abc-interested-to-invest-in-various-sectors-in-cambodia/
New industrial investment proposals now registered
The Ministry of Industry, Science, Technology and Innovation approved a total of 124 new industrial investment projects between January and September this year, bringing a total active investment factory to 1,843. ...
Chea Vanyuth
https://www.khmertimeskh.com/954349/new-industrial-investment-proposals-now-registered/
Government asks Australia for financial support for ECCC
Minister of the council of Ministers Bin Chhin has requested that Australia provide funding to the national side of the Extraordinary Chambers in the Court of Cambodia (ECCC). ...
Yin Soeum
https://www.khmertimeskh.com/50953481/government-asks-australia-for-financial-support-for-eccc/
CDC approves $3.3 billion worth of investment projects in first three quarters
The Council for the Development of Cambodia (CDC) approved a total of 134 investment projects with a cumulative investment value of $3.3 billion in the January-September period. ...
Khmer Times Staff
https://www.khmertimeskh.com/50952546/cdc-approves-3-3-billion-worth-of-investment-projects-in-first-three-quarters/
Non-SEZ projects slide by nearly 30%
Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30