Investment

A year after opening its first store in Cambodia, Japanese mall operator AEON has finalized plans for the construction of its second mall in the country. ...

Cambodia’s commercial banks lent $11.9 billion to customers in the first half of this year, a 33 percent increase from the amount lent during the same time last year, according to a National Bank of Cambodia (NBC) report released Tuesday. ...

Cambodia has approved more than $3 billion in investment projects in the first half of the year, nearly double the total value signed up in the whole of last year, the latest data from the Council for the Development of Cambodia shows. ...

Cambodia has received 99 investment projects from Japan with a total investment capital of almost US$700 million, according to AKP- the state news agency. ...

Japanese construction investment approvals are ranked third this year, behind China and Korea, accounting for $108 million in approved projects, according to Im Chhun Lim, minister of Land Management, Urban Planning and Construction. ...

China’s tumbling stock market may impact tourism to Cambodia, but it is not likely to reduce Chinese investment in the Kingdom, analysts and executives say. ...

Chinese-owned Southeast Asia Telecommunications, Seatel, has officially launched its 4G network in Cambodia after entering the country’s oversubscribed telco sector last year, a local newspaper reported Monday. ...

Cambodian Prime Minister Hun Sen on Friday encouraged the China Road and Bridge Corporation to continue investing in Cambodia in order to help the country develop infrastructures. ...

Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...

Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...

The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

A GOOD media planning strategy is essential for small and medium-sized enterprises from Thailand to break into Cambodia, a marketing guru told a recent seminar. Somphob Ritthikulprasert, executive adviser at ARS Chemical (Thailand), said to tap into Cambodia’s growing consumer market, Thai SMEs should learn how ...

Nearly a hundred of senior Thai officials and entrepreneurs from six lower northeastern provinces met with counterparts from five Cambodian border provinces on June 26th in Siem Reap, Cambodia, to discuss their cooperation in trade, investment and tourism. ...

AEON Mall, a subsidiary of Japan’s largest retailer AEON Group, recently launched its first shopping mall in Indonesia. The Japanese government has also decided to provide Overseas Development Assistance to the country. It includes renovation of aging signal equipments for the Myanmar railways. ...

A Cambodian company that encouraged clients to pour money into a Hong Kong-based investment firm, which is linked to an alleged ponzi scheme here, on Wednesday held a conference in Phnom Penh to reassure its investors that the scheme is legitimate. ...

This month numerous Thai entrepreneurs came to Sihanoukville, in Cambodia to privately organize a week long Street Food Fair. They were invited to set up along the Sopheak Mongkol road or Happiness Road in the seaside city. The event started on 12th June and ends ...

Land prices behind Ocheateal and Otres beaches have – in some areas – doubled over the last year, surpassing their previous peak in 2008, according to realtors there. ...

Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...

Cambodia’s central bank is seeking to promote the use of the riel and wean the Kingdom’s economy off its dependence on the US dollar, a senior banking official said on Tuesday. Speaking at a luncheon organized by the British Chamber of Commerce in Cambodia (BritCham), Chea ...

Countries of the Association of Southeast Asian Nations (ASEAN) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use ...

There is a growing demand for palm sugar in the marketplace. But producers are unhappy that they have not been paid fair prices by middlemen. The fair price for a kilo of raw palm sugar varies from US$0.41 to US$0.70. But the producers get much ...

Less than 10 months after the $200-million Aeon Mall opened its doors to Phnom Penh’s consumers, at least seven tenants at Cambodia’s largest shopping center have shuttered their businesses, complaining of disappointing foot traffic, construction disturbances and overly thrifty patrons. ...

Power system engineering and technical solutions provider Pestech International Bhd has become a concession owner in Cambodia after it secures a project worth RM1.59bil. ...