Economy and commerce

Cambodia and France exchange two MoUs on trade and education

Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/

Cambodia, Japan agree to widen economic cooperation

Cambodia and Japan Saturday in principle agreed to strengthen and expand cooperation on infrastructure and connect maritime space through participation in the design and development of Sihanoukville Autonomous Port. The two countries also agreed to expand cooperation in the economic field and attract Japanese investment. ...

Mom Kunthea
https://www.khmertimeskh.com/501518995/cambodia-japan-agree-to-widen-economic-cooperation/

Kingdom sees surge in investment in first half 2024

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501518989/kingdom-sees-surge-in-investment-in-first-half-2024/

Japanese foreign minister's visit aims to boost bilateral Ties

Japan’s Minister of Foreign Affairs is gearing up for an official visit to Cambodia from July 5 to 6 to strengthen economic and sociopolitical cooperation between the two nations, with analysts predicting closed door discussions will take place on human rights and democracy. ...

Mao Sreypich
https://kiripost.com/stories/japanese-foreign-ministers-visit-aims-to-boost-bilateral-ties

190 projects totalling $3.2 billion approved in six months

Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...

Mao Sreypich
https://kiripost.com/stories/190-projects-totalling-32-billion-approved-in-six-months

Chinese Ambassador Designate looks to boost bilateral relations

Wang Wenbin, the newly appointed Chinese Ambassador Designate to Cambodia, has pledged to enhance cooperation between China and Cambodia, aiming to achieve greater accomplishments and benefits for the people of both nations. ...

Hang Punreay
https://www.khmertimeskh.com/501519091/chinese-ambassador-designate-looks-to-boost-bilateral-relations/

Japan-Cambodia to build more cooperation in different sectors

Cambodian Deputy Prime Minister Sok Chenda Sophea, Minister of Foreign Affairs and International Cooperation, and visiting Minister for Foreign Affairs of Japan, Ms. Kamikawa Yoko, held a constructive bilateral talk on some keys to cooperation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519123/japan-cambodia-to-build-more-cooperation-in-different-sectors/

CDC approves 190 new projects worth $3.2 billion investment in H1

From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone investment projects with a total investment of $3.2 billion and can create 168,572 jobs. ​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501518342/cdc-approves-190-new-projects-worth-3-2-billion-investment-in-h1/

MoC initiates pilot project for nationwide wholesale markets

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...

Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/

Cambodia posts 57% rise in agricultural exports

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

Mom Kunthea
https://www.khmertimeskh.com/501517943/cambodia-posts-57-rise-in-agricultural-exports/

Cambodia posts 57% rise in agricultural exports

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

Mom Kunthear
https://www.khmertimeskh.com/501517943/cambodia-posts-57-rise-in-agricultural-exports/

MEF reviews policies to boost economic productivity

The Ministry of Economy and Finance (MEF) recently organised several meetings and discussions with the public and private institutions to ensure the effective and productive uses of the national budget in line with the economic policies master plan. ...

Nhean Chamrong
https://www.khmertimeskh.com/501517937/mef-reviews-policies-to-boost-economic-productivity/

Support sought to increase investments from Malaysia

Khuon Sudary, President of the National Assembly on Monday requested the Malaysian ambassador to Cambodia to help boost bilateral cooperation between the two parliaments and boost investment, trade and human resource training. ...

Mom Kunthear
https://www.khmertimeskh.com/501516302/support-sought-to-increase-investments-from-malaysia/

Cambodia to broaden cooperation with Malaysia and Germany

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, held here at the Peace Palace yesterday separate talks with Shaharuddin Onn, Ambassador of Malaysia, and Stefan Messerer, Ambassador of Germany to Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501516458/cambodia-to-broaden-cooperation-with-malaysia-and-germany/

ERIA to boost cooperation with Cambodia

The Economic Research Institute for ASEAN and East Asia (ERIA) has pledged to continue strengthening and expanding its cooperation with the Royal Government of Cambodia (RGC).   ...

Soth Koemsoeun
https://www.khmertimeskh.com/501516460/eria-to-boost-cooperation-with-cambodia/

Cambodia, Japan committed to enhance investment cooperation

The Ministry of Foreign Affairs and International Cooperation (MFAIC) and the Ministry of Foreign Affairs of Japan (MOFA) Friday agreed to reinforce the Comprehensive Strategic Partnership (CSP) to enhance cooperation and attract more Japanese businessmen to invest in Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501515570/cambodia-japan-committed-to-enhance-investment-cooperation/

South Korean pharma eyes medical device venture in Cambodia

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/

Cambodia, Australia launch digital platform for business registration

The Cambodian and Australian governments have jointly launched the first phase of a digital registration and licensing portal for small and medium enterprises (SMEs), handicrafts and industrial factories. ...

Ben Sokhean
https://www.khmertimeskh.com/501515124/cambodia-australia-launch-digital-platform-for-business-registration/

Workers of Vietnamese-owned Hoang Anh Gia Lai still suffer years after plantation closes

For nearly three years, about 300 local workers, 50% of them women, worked in a Vietnamese banana plantation belonging to Hoang Anh Gia Lai Joint Stock Co (HAGL), covering 245 hectares in Talao commune, Andong Meas district in Ratanakiri province. ...

Him Khortieth
https://cambojanews.com/workers-of-vietnamese-owned-hoang-anh-gia-lai-still-suffer-years-after-plantation-closes/

Private sector working groups beef up activity for trade

Private sector working groups (PSWGs) of the Government-Private Sector Forum have said that they have increased their activities to facilitate better trade in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501513567/private-sector-working-groups-beef-up-activity-for-trade/

Cambodia’s insurance industry sees slight growth in first 5 months of 2024

An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/

Qingdao-based tyre manufacturer announces Kingdom investment plans

Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...

James Whitehead
https://www.khmertimeskh.com/501512148/qingdao-based-tyre-manufacturer-announces-kingdom-investment-plans/

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