Economy and commerce
Investment
Big investments can succeed in Cambodia - Nagaworld
NagaWorld has just celebrated its 21st anniversary since its inception on May 1, 1995, and sited near the beautiful Mekong River in the capital city of Phnom Penh, NagaWorld is the biggest integrated entertainment resort in the Mekong region. ...
Khmer Time Team
http://www.khmertimeskh.com/news/25642/big--investments-can-succeed--in-cambodia---nagaworld/
One-stop commodity distribution center
Cambodia is seeking a loan from China to set up a common commodity distribution hub for exporters and importers to reduce production and logistics costs and raise the competitiveness of manufactured and agricultural products in the region. ...
Sok Chan
http://www.khmertimeskh.com/news/25666/one-stop-commodity-distribution-center/
Taiwan firms seek local partners
A group of companies from Taiwan are seeking joint ventures with partners in Cambodia, to export products and services to the Kingdom, amidst growing investor confidence that the Mekong country is developing in almost all sectors. ...
Chea Vannak
http://www.khmertimeskh.com/news/25508/taiwan-firms-seek-local-partners/
China developer eyes satellite city
The property behemoth in Phnom Penh has attracted a top China-based developer, Country Garden Holdings Co. Ltd, which seems keen to invest in the building of a modern satellite city that can accommodate two million people in the Kingdom. Yang Guoqiang, Chairman of Country Garden ...
Sum Manet
http://www.khmertimeskh.com/news/25509/china-developer-eyes-satellite-city/
Push to promote local products
Supermarket owners are to be called for a meeting with the Commerce Ministry in response to complaints from small and medium sized enterprises (SMEs) that local products are not displayed or sold on their shelves, the commerce minister said yesterday at the launch of a ...
Sok Chan
http://www.khmertimeskh.com/news/25274/push-to-promote-local-products/
All aboard the gravy train
Cambodians’ growing appetite for fast food and franchised food outlets, and the increasing number of restaurants springing up in the capital and other towns, has become a healthy business for some of the food chains now operating in the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/25224/all-aboard-the-gravy-train/
First eco-park set to open
An ecologically-friendly satellite town called Le Urban Eco Park, a $50 million joint venture between Singaporean and local investors, is expected to be completed in the next couple of months after the more than two years of construction. ...
May Kunmakara
http://www.khmertimeskh.com/news/25179/first-eco-park-set-to-open/
Kingdom eyes improved food safety standard
While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy. ...
Sok Chan
http://www.khmertimeskh.com/news/25063/kingdom-eyes-improved-food-safety-standard/
Firm poised to be first licensed derivatives broker
Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local securities firm to legally trade the complex and little-understood financial instrument. ...
Kali Kotoski
http://www.phnompenhpost.com/business/firm-poised-be-first-licensed-derivatives-broker
Things are looking up at The Peak
Construction on the $580 million project The Peak, a joint venture between local and Singaporean companies, started earlier this week on Tuesday. ...
Sum Manet
http://www.khmertimeskh.com/news/24666/things-are-looking-up-at-the-peak/
Thai manufacturers sizing up Cambodia
Thai manufacturers are being urged to transfer some of their production facilities to Cambodia and other neighboring countries, according to a report in the Thai media yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/24478/thai-manufacturers-sizing-up-cambodia/
Gold tower owner seeks to resolve claims, move on
Gold Tower 42 owner Yon Woo Cambodia is calling on creditors, buyers and lessees of the project to lodge any claims by May 12 to clear outstanding issues and pave the way for moving the development forward. ...
May Kunmakara
http://www.khmertimeskh.com/news/24375/gold-tower-owner-seeks-to-resolve-claims--move-on/
Analysts shrug off drop in approved investment
The government approved more than $1 billion worth of domestic and foreign direct investment in the first quarter of the year, down sharply from the $2.8 billion approved in the same quarter last year, figures released by the Council for Development of Cambodia (CDC) yesterday ...
May Kunmakara
http://www.khmertimeskh.com/news/24306/analysts-shrug-off-drop-in-approved-investment/
Thailand, Cambodia eye MICE links
Tourism industry executives and government officials from Thailand and Cambodia gathered in Phnom Penh yesterday for a roadshow on the meetings, incentives, conferences and exhibitions (MICE) segment of the tourism industry to find ways to work together to drive new business. ...
Sum Manet
http://www.khmertimeskh.com/news/24305/thailand--cambodia-eye-mice-links/
Treaty aims to attract, secure Hungarian FDI
A bilateral investment agreement between Cambodia and Hungary will be sent to the National Assembly floor this week after it gained approval from the Council of Ministers on Friday, according to spokesman Phay Siphan. ...
Post Staff
http://www.phnompenhpost.com/business/treaty-aims-attract-secure-hungarian-fdi
China’s solar companies eye ASEAN
With Southeast Asian nations struggling to produce enough energy to drive their economies, some of China’s leading solar companies are looking for investment opportunities in the region. ...
Chea Vannak
http://www.khmertimeskh.com/news/24244/china---s-solar-companies-eye-asean/
Kingdom seeks Singaporean investment
Deputy Prime Minister Hor Namhong on Tuesday urged outgoing Singaporean ambassador Kevin Cheok to encourage the island state to invest more in Cambodia. ...
Khmer Times Team
http://www.khmertimeskh.com/news/24264/kingdom-seeks-singaporean-investment/
Malaysia’s Zhulian to tap Cambodian market
Malaysia-listed Zhulian Corp Bhd plans to expand its diversified Multilevel Marketing (MLM) business into Cambodia and Laos to tap the strong potential of both countries, media reports said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/24199/malaysia---s-zhulian-to-tap-cambodian-market/
Malaysia’s giant opens first Cambodia supermarket
Malaysia-based retailer Giant, one of the largest players in Asia, has launched its first store in Cambodia, opening in Phnom Penh’s Grand City Mall as part of a major expansion into the Kingdom. ...
Sum Manet
http://www.khmertimeskh.com/news/24085/malaysia---s-giant-opens-first-cambodia-supermarket/
Chinese-invested giant sugar mill starts operations in Cambodia
Chinese agro firm Rui Feng (Cambodia) International Company began operations at its 360-million-U.S.-dollar sugar production factory here on Tuesday after spending nearly two years for construction. ...
Xinhua Team
http://news.xinhuanet.com/english/2016-04/19/c_135293103.htm
Prince Real Estate plans $300 mil project
China’s Prince Real Estate plans to invest $250-$300 million in a new project on Norodom Blvd. The new project will begin after the completion of the current condominium project which began last year and is due to be finished in 2018. Li Min, president of Prince Real ...
Sum Manet
http://www.khmertimeskh.com/news/23754/prince-real-estate-plans--300-mil-project/
WorldBridge buys into AusKhmer
WorldBridge International (Cambodia) bought 55 percent of AusKhmer Import and Export Company Ltd, a leading importer of a diverse range of food and beverages, sourced from 14 countries. ...
Sok Chan
http://www.khmertimeskh.com/news/23573/worldbridge-buys-into-auskhmer/
Sovannaphum opens its first office
Sovannaphum Life Assurance Plc, a joint venture between Canadia Investment Holding and Muang Thai Life Assurance, last week officially opened its office in the Kingdom to provide services to Cambodians. ...
Sok Chan
http://www.khmertimeskh.com/news/23518/sovannaphum-opens-its-first-office/
Cambodia, Laos & Myanmar – 2016 foreign investment outlook
Cambodia, Laos and Myanmar are amongst ASEAN’s smaller economies, yet all different and facing different issues. Taken as a trio, their collective GDP performance is still less than that as China’s Yunnan Province, which lies to the north of Cambodia and Laos, and is borders with ...
Asia Briefing Team
http://www.asiabriefing.com/news/2016/04/cambodia-laos-myanmar-2016-foreign-investment-outlook/