Economy and commerce
Investment
Sihanoukville multi-purpose SEZ master plan reviewed
A meeting at the Ministry of Economy and Finance under the chairmanship of Dr Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, on Wednesday, reviewed and discussed recommendations on the draft report on the second phase of the master plan for the ...
Adur Pradeep
https://www.khmertimeskh.com/501256440/sihanoukville-multi-purpose-sez-master-plan-reviewed/
Hopes high for Kampong Chhnang logistics hub
Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub
Stung Pursat I dam ‘in 2026’
South Korean-owned SPHP (Cambodia) Co Ltd’s under-construction $231 million, 80 megawatt (MW) Stung Pursat I hydropower dam is scheduled to be commissioned and operational in 2026, according to Pursat provincial governor Khoy Rida. ...
May Kunmakara and Orm Bunthoeurn
https://www.phnompenhpost.com/national/stung-pursat-i-dam-2026
$230M hydropower dam to start construction in Pursat province
The construction of $230 million Stung Pursat hydropower I dam with a capacity of 80 megawatt is set to break ground soon, after the ground preparation at the construction site has been made since last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501251643/230m-hydropower-dam-to-start-construction-in-pursat-province/
3,748 new factories opened last year
Some 3,748 new factories were opened last year providing jobs for 147,000 workers but 59,000 others were left unemployed when 491 factories closed down. ...
Tith Kongnov
https://www.khmertimeskh.com/501247843/3748-new-factories-opened-last-year/
GDCE reviews efficacy of trade facilitations
The General Department of Customs and Excise (GDCE) at a meeting on Tuesday with representatives of ministries, technical officials and members of express delivery companies discussed priorities, like the promotion of the cross-border e-commerce sector, use of risk management mechanisms, enhancing the effectiveness of tax ...
Hong Sovannary
https://www.khmertimeskh.com/501247700/gdce-reviews-efficacy-of-trade-facilitations/
Vehicle assembly investments roll into Kingdom
At least five investment projects on vehicle assembly have been approved and the constructions are set to be completed soon in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501248460/vehicle-assembly-investments-roll-into-kingdom/
South Korea’s Booyoung seeking investment opportunities in infrastructure and transport in Cambodia
A delegation of Booyoung Co., Ltd., led by its Chairman Dr Lee Joong Keun, is seeking opportunities of investment in infrastructure and transport sector in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501248855/south-koreas-booyoung-seeking-investment-opportunities-in-infrastructure-and-transport-in-cambodia/
Sendai office to bolster Japan ties: CCC
The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...
Hin Pisei
https://www.phnompenhpost.com/business/sendai-office-bolster-japan-ties-ccc
SBIF all set to help businesses, investors in Cambodia
The Singapore Business and Investment Forum (SBIF), a young and vibrant organisation, aims to better serve the business and investment needs of Singaporean businesses and investors in Cambodia ...
Prakash Jha
https://www.khmertimeskh.com/501247132/sbif-all-set-to-help-businesses-investors-in-cambodia/
Delegation of US-ABC eying trade and investment potential and opportunities in Cambodia
Delegation of US-ASEAN Business Council (US-ABC), led by its Senior Vice President and Regional Managing Director H.E. Michael Michalak, have been on a visit to Cambodia to study more potential and opportunities of trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501247354/delegation-of-us-abc-eying-trade-and-investment-potential-and-opportunities-in-cambodia/
US-ASEAN Business Council pledges more investment in Kingdom
Six major American corporations have committed to attracting US investment in Cambodia’s public infrastructure and transportation sectors to keep pace with the Kingdom’s socio-economic growth. The promise was made during a February 27 working meeting between a delegation from the US-ASEAN Business Council (US-ABC) and Minister ...
Sem Pisey
https://www.phnompenhpost.com/business/us-asean-business-council-pledges-more-investment-kingdom
CDC unveils 27 projects in Jan-Feb
The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb
Sovannaphum Life CSR project reaches micro-entrepreneurial ventures through Lady Saving Group
Sovannaphum Life Assurance Plc, with its financial strength and trust, is making women’s economic empowerment its top corporate social responsibility (CSR) priority this year by financing small-scale businesswomen. ...
Chinese investors keen to return to Cambodia
Chinese investors and business people are keen to return to Cambodia following the opening of China’s borders and Cambodia, on its part, is ‘China Ready.’ The bonhomie between the business communities of the two countries came to the fore once again at a forum organised ...
Chea Vanyuth
https://www.khmertimeskh.com/501243609/chinese-investors-keen-to-return-to-cambodia/
CDC approves $2.9 billion Japanese investment projects
The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...
Kang Sothear
https://www.khmertimeskh.com/501243067/cdc-approves-2-9-billion-japanese-investment-projects/
CDC pitches ‘Plus One’ to Japan investors
A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-pitches-plus-one-japan-investors
French investment for agriculture and industry urged
Prime Minister Hun Sen urged French businesses to consider investing in investing in agriculture and industry in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501243356/french-investment-for-agriculture-and-industry-urged/
CDC approves $2.9 billion Japanese investment projects
The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...
Kang Sothear
https://www.khmertimeskh.com/501243067/cdc-approves-2-9-billion-japanese-investment-projects/
Cambodia seeks $4 billion investments for its first high-speed railway
The railway, starting from the capital Phnom Penh to Poipet, a town bordering Thailand, covers a distance of 382 kilometers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501243268/cambodia-seeks-4-billion-investments-for-its-first-high-speed-railway/
Sihanoukville to inject life into abandoned buildings
There are 400 abandoned buildings in Sihanoukville and authorities want to do something about the eyesore. Preah Sihanouk Governor Kuoch Chamroeun said Sihanoukville has 1,006 high-rise buildings of which 359 were unfinished and abandoned. ...
Son Minea
https://www.khmertimeskh.com/501240334/sihanoukville-to-inject-life-into-abandoned-buildings/
Cambodia, Thailand optimistic about expansion of relations
Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs, and Cherdkiat Atthakor, Ambassador of Thailand to Cambodia, expressed strong optimism in the direction of the relations between Cambodia and Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501240696/cambodia-thailand-optimistic-about-expansion-of-relations/
Kampot governor lauds battlefield transformed into banana plantation
Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/kampot-governor-lauds-battlefield-transformed-banana-plantation
Cambodia, Germany explore investment diversification
German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...
Kang Sothear
https://www.khmertimeskh.com/501239504/cambodia-germany-explore-investment-diversification/