Investment
Investment policy and regulations
GE to help electrify Cambodia
A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...
Sok Chan
http://www.khmertimeskh.com/news/32285/ge-to-help-electrify-cambodia/
New fertiliser venture aims to satisfy growing demand
Fertiliser manufacturer Nangoku Agriculture Development, a Japanese-Cambodian joint venture, launched operations yesterday with the aim of supplying locally manufactured fertilisers to Cambodian farmers at affordable prices. ...
Steel firm mulls factory in SSEZ
A Chinese steel company is in talks with Sihanoukville Special Economic Zone (SSEZ) to set up an industrial facility in the zone, a marketing executive said on Saturday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/steel-firm-mulls-factory-ssez
Factory for Nissan cars, parts proposed
A Malaysian automotive company has requested approval to establish a factory in Cambodia to assemble Nissan automobiles and manufacture spare parts for the vehicles, a government official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/factory-nissan-cars-parts-proposed
Dramatic rise in exports to Japan
The Kingdom’s total exports to Japan, one of the world’s largest economies, sharply increased in the first nine months of the year, a result of Cambodia’s effort to diversify export markets and preferential trade treatment from Japan. ...
May Kunmakara
http://www.khmertimeskh.com/news/31878/dramatic-rise-in-exports-to-japan/
M’sia eyes green energy investment
A dozen Malaysian companies involved in green energy yesterday opened a showroom in Phnom Penh to display their products, ranging from solar panels to energy efficient LED lighting. ...
Chea Vannak
http://www.khmertimeskh.com/news/31656/m---sia-eyes-green-energy-investment/
Moo Moo plans more milk
American-owned dairy farm Moo Moo Farms is looking to markedly increase production of its raw – unpasteurized – milk and increase its current herd of 25 cows. The farm, located in Kandal province, began operations earlier this year. According to a statement from the Ministry of ...
May Kunmakara
http://www.khmertimeskh.com/news/31519/moo-moo-plans-more-milk/
Ticon follows factory shift to Cambodia
Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...
Cam McGrath
http://www.phnompenhpost.com/business/ticon-follows-factory-shift-cambodia
Donaco’s Poipet gamble pays off
Casino operator Donaco International Ltd posted a seven-fold increase in revenue in its first full-year financial filing since acquiring the Star Vegas Resort and Club in Banteay Meanchey province’s Poipet commune, according to the company’s audited annual report, released yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/donacos-poipet-gamble-pays
Date set for Cambodian-grown dates
A rising global demand for dates is behind the memorandum of understanding (MoU) signed in Phnom Penh yesterday between companies from Cambodia, Thailand and Israel, seeking to start growing the fruit in Cambodia within the next 10 years. ...
Sok Chan
http://www.khmertimeskh.com/news/31194/date-set-for-cambodian-grown-dates/
Chinese dual tax burden relieved
An extensive tax treaty that would shield Chinese businesses operating in the Kingdom from double taxation, and vice versa, has been drafted and is expected to be approved imminently, according to a senior Cambodian tax official. ...
Kali Kotoski
http://www.phnompenhpost.com/business/chinese-dual-tax-burden-relieved
Chinese firm to build $2 bil agriculture SEZ
Kampong Speu province will soon be home to a Chinese-funded agricultural special economic zone (SEZ) with facilities to research plant diseases, after the Ministry of Agriculture and Tian Rui (Cambodia) Agricultural Cooperation SEZ Co., signed a memorandum of understanding (MoU) yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/31025/chinese-firm-to-build---2-bil-agriculture-sez--/
Scepticism clouds massive coastal development plan
A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/scepticism-clouds-massive-coastal-development-plan
Commercial centres to open in Chinese cities
Cambodia will establish commercial centres in three major Chinese cities to provide information and support to Chinese traders and investors looking to do business in the Cambodian market, a Commerce Ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/commercial-centres-open-chinese-cities
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
Port signs new deals with Vietnamese companies
The Phnom Penh Autonomous Port (PPAP) announced a new partnership on Tuesday with Vietnamese company Viet Sac Port Service to set up local maintenance and repair service of shipping containers at its new LM17 container terminal located 30 kilometres south of Phnom Penh in Kandal ...
Hor Kimsay
http://www.phnompenhpost.com/business/port-signs-new-deals-vietnamese-companies
Smart eyes 41.5% stake sale for expansion
Malaysian telecom giant Axiata Group will consider divesting a portion of its stake in Cambodian mobile operator Smart Mobile in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said yesterday. ...
Kali Kotoski and Cam McGrath
http://www.phnompenhpost.com/business/smart-eyes-415-stake-sale-expansion
Dhipaya Insurance set to open here next year
Thailand’s second-largest insurer is looking to enter the Cambodian market by next year, local Thai media reported yesterday. Dhipaya Insurance announced it has applied for a licence to operate in the Kingdom and is the latest international insurance company planning to offer services in Cambodia’s ...
Post Staff
http://www.phnompenhpost.com/business/dhipaya-insurance-set-open-here-next-year
Thailand’s Amata eyes Cambodia
Thailand’s Amata Corporation Plc., which is the country’s largest listed conglomerate in the industrial estate sector, is keen to set up a special economic zone (SEZ) in Cambodia due to the Kingdom’s strategic geographical location in the Greater Mekong Sub-region. The plan was announced on Sunday ...
Chea Vannak
http://www.khmertimeskh.com/news/30602/thailand---s-amata-eyes-cambodia/
Fair aims to firm up trade with Vietnam
A five-day trade fair for Vietnamese products kicked off on Koh Pich in Phnom Penh yesterday, coming on the heels of recent government figures that show declines in bilateral trade and investment between Cambodia and Vietnam. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fair-aims-firm-trade-vietnam
Approved foreign investment drops 43%
The value of foreign investments approved by the government in the first half of this year has dropped more than 43 percent, according to the Council for the Development of Cambodia (CDC), with experts laying the blame on global and regional economic slowdowns. ...
May Kunmakara
http://www.khmertimeskh.com/news/30443/approved-foreign-investment-drops-43-/
Chinese companies cozy up to army
Cambodia’s armed forces have vowed to protect Chinese businesses and investors in the Kingdom and sought to reassure corporations fearful of the country’s potential hurdles in a statement released yesterday. ...
Ban Sokrith
http://www.khmertimeskh.com/news/30208/chinese-companies-cozy-up-to-army/
Thai life insurer to enter local market
Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market
Investment from Vietnam hits a dry patch: CDC
Vietnamese investors shied away from the Cambodian market during the first half of the year as the Council for the Development of Cambodia (CDC) failed to register a single qualified investment project (QIP) from Vietnam during that period for the first time in its 22-year ...
Hor Kimsay
http://www.phnompenhpost.com/business/investment-vietnam-hits-dry-patch-cdc