Economy and commerce
Investment
CSX’s daily trading volume sees significant rise
Daily trading volumes on the Cambodia Securities Exchange (CSX) has gone up after months of decline in 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501510867/csxs-daily-trading-volume-sees-significant-rise/
Cambodia-Korea Special Economic Zone on cards
Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...
Nhean Chamrong
https://www.khmertimeskh.com/501511538/cambodia-korea-special-economic-zone-on-cards/
India and Cambodia keen to boost trade & investment; seek early collaboration on UPI
India and Cambodia are focusing on enhancing trade, investment, and collaborative efforts in various sectors. ...
Indianewsnetwork
https://www.khmertimeskh.com/501510354/india-and-cambodia-keen-to-boost-trade-seek-early-collaboration-on-upi/
Koh Kong Zhejiang SEZ aims to attract 100 additional companies by year-end
Koh Kong Zhejiang Special Economic Zone (SEZ), located in Koh Kong province’s Sre Ambel district, currently hosts 28 companies and has pledged to attract 100 more by the end of 2024, according to a June 21 press release from the Council for the Development of ...
CCC asks Singaporean investors to invest in Cambodia
President of Cambodia Chamber of Commerce, Kith Meng, called on Singaporean investors to invest in some other untapped potential areas to further build a strong economic tie between the two ASEAN nations. ...
Mom Kunthea
https://www.khmertimeskh.com/501509735/ccc-asks-singaporean-investors-to-invest-in-cambodia/
FDI inflows hit $48.4 billion in Cambodia in six years
Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...
Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/
Cambodia clocks April revenue of $508 million
In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. ...
Rachel David
https://www.khmertimeskh.com/501507050/cambodia-clocks-april-revenue-of-508-million/
Electricity outages a hurdle for businesses in Cambodia
Cambodian businesses face more basic infrastructure problems like electricity outages than their ASEAN peers, according to a recent World Bank report. ...
Rachel David
https://www.khmertimeskh.com/501508284/electricity-outages-a-hurdle-for-businesses-in-cambodia/
Cambodia, Singapore agree to promote stronger and more prosperous cooperation
The Prime Ministers of Cambodia and Singapore agreed to promote stronger and more prosperous cooperation. The agreement was reached during a bilateral meeting between Cambodian Prime Minister Hun Manet and Singaporean Prime Minister Lawrence Wong on June 18, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501508575/cambodia-singapore-agree-to-promote-stronger-and-more-prosperous-cooperation/
Vietnam, Cambodia promote trade, investment activities
The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...
Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/
25 investment projects worth over $246 million approved by CDC in May
In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/
Chinese financing nears 50% of total investment in May, US lags at less than 1%
In May, Chinese investment in Cambodia accounted for almost 50% of total financing, with domestic investment accounting for over 30%, while the US lagged behind at less than one per cent, according to the Council for the Development of Cambodia (CDC). ...
Govt denounces illegal property developments, warns investors
Several residential housing projects in Phnom Penh and Siem Reap have been under fire from government authorities recently, with actions taken against illegitimate developments and local buyers warned to conduct due diligence before committing to property purchase agreements. ...
James Whitehead
https://www.khmertimeskh.com/501501018/govt-denounces-illegal-property-developments-warns-investors/
41 Sihanoukville projects get special investment incentives
In all, 41 projects have so far qualified for incentives under the ‘Special Investment Promotion Programme for Sihanoukville,’ initiated by Prime Minister Hun Manet in January this year, mainly to solve the issue of unfinished and abandoned constructions in the coastal city since 2019. ...
Manoj Mathew
https://www.khmertimeskh.com/501499477/41-sihanoukville-projects-get-special-investment-incentives/
Commerce chamber suggest Hungary open commercial office
The Cambodia Chamber of Commerce (CCC) has requested that the Hungarian government examine the possibility of establishing a commercial office in the Kingdom to expand Cambodia-Hungary trade and investment cooperation. ...
Ry Sochan
https://www.phnompenhpost.com/business/commerce-chamber-suggest-hungary-open-commercial-office
Gov’t warns of fraudulent companies, urges cautious investment
There are other companies operating in similar form to disgraced former Oknha Leng Channa’s now-defunct Brilliant City World Co Ltd, which secretly defrauded people, Ky Tech, head of the government’s legal team, warned during a meeting attended by 267 people from several provinces in Phnom ...
Phak Seangly
https://www.phnompenhpost.com/national/gov-t-warns-of-fraudulent-companies-urges-cautious-investment
Cambodia seeks Chinese investment in EV sector
Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...
Manoj Mathew
https://www.khmertimeskh.com/501498921/cambodia-seeks-chinese-investment-in-ev-sector/
CCC, China’s ACFIC join forces to enhance investment ties
The Cambodian Chamber of Commerce (CCC) and the All-China Federation of Industry and Commerce (ACFIC) have announced the collaboration to strengthen investment ties between the two nations. ...
Chea Vanyuth
https://www.khmertimeskh.com/501495806/ccc-chinas-acfic-join-forces-to-enhance-investment-ties/
Cambodia tops emerging markets FDI index 2024
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...
James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/
FDI inflows into manufacturing remain high
Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/
Kingdom, Korea to establish trade consultation channel soon
Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...
Nhean Chamrong
https://www.khmertimeskh.com/501491711/kingdom-korea-to-establish-trade-consultation-channel-soon/
Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment
Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/
Korea FDI in Kingdom reaches $5 billion, says Prime Minister
Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...
Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/
New companies of KIAF aim to expand business operations and invest in furniture, engineering, and automotive sectors in Cambodia
Cambodia Prime Minister Hun Manet paid a courtesy call to MARN Ki-jeong, President of the Korea Industrial Alliance Forum (KIAF), during his official visit to Seoul, Republic of Korea, on May 17, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490369/new-companies-of-kiaf-aim-to-expand-business-operations-and-invest-in-furniture-engineering-and-automotive-sectors-in-cambodia/