Investment

Booking outperform expectation at 60 percent with Singaporeans and overseas investors forming bulk of buyers. YUEN Development Co., Ltd, a Singaporean-owned property developer, officially launched the sale of its phase one luxury condominium–La Vie Residences. Located in Chroy Changvar– Cambodia’s city of the future and adjunct ...

Commerce Minister Sun Chan­thol evoked the late U.S. President John Kennedy on Friday at a seminar about “rebranding” Cambodia that quickly turned into a promotional event for Coca-Cola. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...

Hong Kong-based company Plaza Premium Lounge Management Limited (Plaza Premium), will design and operate airports lounges at the newly built terminal extensions of Phnom Penh and Siem Reap international airports. Both terminals will be fully operational next year. ...

Prime Minister Hun Sen and his Japanese counterpart Shinzo Abe agreed Sunday to strengthen economic relations between the two countries, Jiji Press reported. ...

Malaysians have been flocking to Cambodia since the 1990s and for some years, they were the largest investors, with official data showing that from 1994 to 2001, Malaysian investments comprised nearly a third of all investments and nearly 80% of total Asean investments. ...

Due to a lack of funding, the Ministry of Industry and Handicrafts has delayed publishing guidelines that are meant to increase clarity on inspection procedures for small and medium enterprises (SMEs). ...

Cambodia’s construction sector attracted a total investment of 2.5 billion U.S. dollars in 2014, down 10 percent from 2.77 billion U.S. dollars in 2013, according to official data on Monday. ...

Kem Sokha, first vice-president of Cambodia’s National Assembly, on Wednesday lent his support to Chinese investors in Cambodia and urged them to focus on quality and transparency in their projects. ...

Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...

Malaysia-based Axiata announced yesterday that its Cambodian operator Smart had increased its data user base by 135 per cent, taking its data subscriber base to 1.8 million and feeding Cambodian consumers’ insatiable appetite for social media sites. ...

Cambodia received roughly $4 billion in foreign direct investment last year—roughly the same amount as in 2013, the secretary-general of the Council for the Development of Cambodia (CDC) said after a meeting with the National Assembly’s environment and rural development commission. ...

Bangkok-based RMA Group is considering listing its Cambodian food and beverage business, Express Food Group, on the Cambodia Securities Exchange, with a proposed IPO later this year. ...

Taiwan’s outbound property investments are likely to increase significantly in 2015 amid growing interest in overseas markets and a slowdown in the domestic market, an investment consulting firm in Taipei said Saturday. Taiwan’s property investors are also looking at opportunities in emerging markets, including Vietnam ...

Revenue from the Phnom Penh Water Supply Authority – the first listed company on the Cambodian stock exchange – will be cut 800 million riel ($200,000) per year as the company implements a concession plan to lower water prices. The plan was passed after the government ...

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

Kerry Worldbridge Logistics Ltd, a joint venture between Hong Kong-listed Kerry Logistic Network Limited and Worldbridge International Group (WIG), last week acquired the majority share of Cambodia Express Group, a local door-to-door logistics firm. ...

The Phnom Penh Special Economic Zone has 77 tenants from nine countries and 80 per cent occupancy, but high electricity costs and corruption remain a drag on profits. The main issue is electricity costs, says PPSEZ chief executive Hiroshi Umaetsu. “If [electricity] goes from 19 ...

Two Southeast Asian countries not particularly known for large agricultural exports, Myanmar and Cambodia, have both declared that they want to participate in the global rice business by intensifying rice farming and milling across their respective countries with the help of foreign investors, including from ...