Investment

A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...

Fertiliser manufacturer Nangoku Agriculture Development, a Japanese-Cambodian joint venture, launched operations yesterday with the aim of supplying locally manufactured fertilisers to Cambodian farmers at affordable prices.​ ...

A Chinese steel company is in talks with Sihanoukville Special Economic Zone (SSEZ) to set up an industrial facility in the zone, a marketing executive said on Saturday. ...

A Malaysian automotive company has requested approval to establish a factory in Cambodia to assemble Nissan automobiles and manufacture spare parts for the vehicles, a government official said yesterday. ...

The Kingdom’s total exports to Japan, one of the world’s largest economies, sharply increased in the first nine months of the year, a result of Cambodia’s effort to diversify export markets and preferential trade treatment from Japan. ...

A dozen Malaysian companies involved in green energy yesterday opened a showroom in Phnom Penh to display their products, ranging from solar panels to energy efficient LED lighting. ...

Cam Top Property Group, from Cambodia, and Australia-based Cate Group have come together to jointly invest $25 million in an affordable housing project that will be launched next week for low middle- and middle-income Cambodians. ...

Companies should embrace the concept of corporate social responsibility (CSR) in their operations and encourage a positive impact through their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public, said an NGO official yesterday. “CSR-focused businesses would proactively promote public ...

American-owned dairy farm Moo Moo Farms is looking to markedly increase production of its raw – unpasteurized – milk and increase its current herd of 25 cows. The farm, located in Kandal province, began operations earlier this year. According to a statement from the Ministry of ...

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

Casino operator Donaco International Ltd posted a seven-fold increase in revenue in its first full-year financial filing since acquiring the Star Vegas Resort and Club in Banteay Meanchey province’s Poipet commune, according to the company’s audited annual report, released yesterday. ...

A rising global demand for dates is behind the memorandum of understanding (MoU) signed in Phnom Penh yesterday between companies from Cambodia, Thailand and Israel, seeking to start growing the fruit in Cambodia within the next 10 years. ...

An extensive tax treaty that would shield Chinese businesses operating in the Kingdom from double taxation, and vice versa, has been drafted and is expected to be approved imminently, according to a senior Cambodian tax official. ...

Kampong Speu province will soon be home to a Chinese-funded agricultural special economic zone (SEZ) with facilities to research plant diseases, after the Ministry of Agriculture and Tian Rui (Cambodia) Agricultural Cooperation SEZ Co., signed a memorandum of understanding (MoU) yesterday. ...

A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...

Cambodia will establish commercial centres in three major Chinese cities to provide information and support to Chinese traders and investors looking to do business in the Cambodian market, a Commerce Ministry official said yesterday. ...

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

The Phnom Penh Autonomous Port (PPAP) announced a new partnership on Tuesday with Vietnamese company Viet Sac Port Service to set up local maintenance and repair service of shipping containers at its new LM17 container terminal located 30 kilometres south of Phnom Penh in Kandal ...

Malaysian telecom giant Axiata Group will consider divesting a portion of its stake in Cambodian mobile operator Smart Mobile in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said yesterday. ...

Thailand’s second-largest insurer is looking to enter the Cambodian market by next year, local Thai media reported yesterday. Dhipaya Insurance announced it has applied for a licence to operate in the Kingdom and is the latest international insurance company planning to offer services in Cambodia’s ...

Thailand’s Amata Corporation Plc., which is the country’s largest listed conglomerate in the industrial estate sector, is keen to set up a special economic zone (SEZ) in Cambodia due to the Kingdom’s strategic geographical location in the Greater Mekong Sub-region. The plan was announced on Sunday ...

A five-day trade fair for Vietnamese products kicked off on Koh Pich in Phnom Penh yesterday, coming on the heels of recent government figures that show declines in bilateral trade and investment between Cambodia and Vietnam. ...

The value of foreign investments approved by the government in the first half of this year has dropped more than 43 percent, according to the Council for the Development of Cambodia (CDC), with experts laying the blame on global and regional economic slowdowns. ...

Cambodia’s armed forces have vowed to protect Chinese businesses and investors in the Kingdom and sought to reassure corporations fearful of the country’s potential hurdles in a statement released yesterday. ...