News

Battambang villagers have mixed feelings over new cement factory

A new cement factory in Battambang province has begun construction of a concrete road connecting it to one of Cambodia’s national roads, leaving nearby residents with mixed feelings. ...

Japanese FDI on the rise in Cambodia

The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia

Plans for solar-powered industrial park illuminated

A joint venture between South Korean and Cambodian investors is planning to establish an industrial park on approximately 100 hectares in Kampong Chhnang province with an on-site solar farm to provide cheap electricity for its tenants. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-solar-powered-industrial-park-illuminated

Massive $23.2B project gets ‘green light’

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light

Direct Japan fights start

Landing at 3:10pm yesterday, the All Nippon Airways (ANA) Boeing 787-8 marked the first direct flight between Tokyo and Phnom Penh in seven years. The daily service will make for a much shorter – and hassle free – journey, and boost business and tourism, officials said ...

Sum Manet
http://www.khmertimeskh.com/news/29258/direct-japan-flights-start/

Japanese capital flooding in to Cambodia

Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia

Analysts shrug off drop in approved investment

The government approved more than $1 billion worth of domestic and foreign direct investment in the first quarter of the year, down sharply from the $2.8 billion approved in the same quarter last year, figures released by the Council for Development of Cambodia (CDC) yesterday ...

May Kunmakara
http://www.khmertimeskh.com/news/24306/analysts-shrug-off-drop-in-approved-investment/

SME federation wants its own SEZ

The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...

Sok Chan
http://www.khmertimeskh.com/news/21157/sme-federation-wants-its-own-sez/

Q1 investments zoom

Recent data for the first quarter show that $2.87 billion was invested in Cambodia during the first three months, a staggering 573 per cent increase from the same period last year, according to data released by the Council for Development of Cambodia on Friday. The Kingdom ...

May Kunmakara
http://www.phnompenhpost.com/business/q1-investments-zoom

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