Economy and commerce
Investment
Phnom Penh construction investment hits $1.3 billion
Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50734807/phnom-penh-construction-investment-hits-1-3-billion/
Industry demands renewable energy to fill quotas
A rapid shift away from traditional energy sources and towards renewables is required to increase Cambodia’s appeal for manufacturing investment, as large multinationals seek destinations with affordable clean energy to meet legislated quotas. ...
Harrison White
https://www.khmertimeskh.com/50734168/industry-demands-renewable-energy-to-fill-quotas/
Nearly $70 million investment projects licensed, to create 5,000 jobs
Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/
Sihanoukville records over $7 billion in construction
Cambodia’s coastal Preah Sihanouk province has attracted construction project investment valued at more than $7 billion over the last four years – most from Chinese nationals – the provincial administration said yesterday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50732207/sihanoukville-records-over-7-billion-in-construction/
Call for more power investments to meet province’s demand
Banteay Meanchey administration said the province boasts potential investment activities which need more power to meet local demand as it aims to reduce the energy imports from its neighbour Thailand in the northwest. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50730649/call-for-more-power-investments-to-meet-provinces-demand/
Masterplan Lays out Future Developments of Airport in Sihanoukville
Cambodia Airports, the longstanding concessionaire of Cambodia’s network of 3 international airports unveiled a 20-year development and investment program for the international airport in Sihanoukville. ...
Local property market best described as ‘flat’
Cambodia’s local property sector has been described as “flat” while condominiums and boreys are tagged to be the hardest hit during the COVID-19 pandemic because the listings will eventually need to be put up for sale under current market prices in the coming months, according ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50728836/local-property-market-best-described-as-flat/
Three investment projects worth $246 million approved, to create 1,500 jobs
The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of $246.1 million. According to the council, the newly approved projects are expected to create some 1,547 jobs for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/50727869/three-investment-projects-worth-246-million-approved-to-create-1500-jobs/
Etiqa Insurance to get foothold in nation
Cambodia’s Ministry of Economy and Finance has granted a business licence to Etiqa Insurance & Takaful, a leading insurance provider in Malaysia, paving the way for the firm to tap into the Kingdom’s nascent insurance market, the company announced. ...
Chhut Bunthoeu
https://www.khmertimeskh.com/50726930/etiqa-insurance-to-get-foothold-in-nation/
Nearly $175 million in new investments flow in but can’t keep pace with increasing unemployment
Five more investment projects worth $174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726183/nearly-175-million-in-new-investments-flow-in-but-cant-keep-pace-with-increasing-unemployment/
Two Japanese firms eye agricultural opportunities
NIPPON Express and Xamato Green expressed their interest after seeing a potential investment in Cambodia’s agriculture sector. The plan was disclosed during a meeting last week led by Yamato Green company’s Chairman Nabeshima Katsuhito and Ngin Chhay, the director-general of the General Directorate of Agriculture ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726611/two-japanese-firms-eye-agricultural-opportunities/
Australian firm keen to invest in Cambodia’s rice production chain
An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/
Two investment projects approved by CDC to create hundreds of jobs
The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/
Nearly US$8 million in investment projects licensed
Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/50720897/nearly-us8-million-in-investment-projects-licensed/
Chinese firm unveils US$160-million parking lot investment in Phnom Penh
China Good Cars Holding Ltd. has unveiled a US$160-million-worth investment project in a parking lot for heavy vehicles in Phnom Penh – aiming to contribute to reducing traffic congestion in the capital. ...
Khmer Times Staff
https://www.khmertimeskh.com/50720892/chinese-firm-unveils-us160-million-parking-lot-investment-in-phnom-penh/
Real estate boosted last year but likely to suffer this year
The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...
Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/
Cambodia welcomes sisal into crop portfolio
Cambodia will soon start cultivating sisal, an agave plant native to southern Mexico which produces a strong fibre, after China Great Cause (Cambodia) Investment Co Ltd received an economic land concession in Preah Vihear province to build a processing plant. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-welcomes-sisal-crop-portfolio
Cambodia continues to attract FDI with another $21 million in investments and 3,500 jobs
The Council for the Development of Cambodia (CDC) has given the approval for five new investment projects with a total investment capital of $21.3 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50715348/cambodia-continues-to-attract-fdi-with-another-21-million-in-investments-and-3500-jobs/
Four more investment projects approved by CDC
The Council for the Development of Cambodia (CDC) has approved four more investment projects, expecting to create almost 1,500 jobs for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/50715646/four-more-investment-projects-approved-by-cdc/
CDC okays five projects to create 6,373 jobs
The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-create-6373-jobs
$23.5 million in new investment projects licensed
The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/
The CDC approves investment projects worth $13.9 Million
The Council for the Development of Cambodia (CDC) has approved four investment projects with a combined capital investment valued at $13.9 million and expected to create 3,315 jobs. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/711874/the-cdc-approves-investment-projects-worth-13-9-million/
Second round of China FTA talks close
The second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday. ...
Thou Vireak
https://www.phnompenhpost.com/business/second-round-china-fta-talks-close
Public service fees reduced to up growth
The government has decided to revise three types of public service fees to boost business registration and draw more investment both locally and abroad, said the ministries of Economy and Finance; and Commerce in a joint statement. ...
Thou Vireak
https://www.phnompenhpost.com/business/public-service-fees-reduced-growth