Economy and commerce
Investment
Trade spurt seen after PM’s Laos state visit
Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit
Cambodia clears 9 investment plans in garment, footwear, travel goods
The Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods ...
Khmer Times Staff
https://www.khmertimeskh.com/501239855/cambodia-clears-9-investment-plans-in-garment-footwear-travel-goods/
German investors satisfied with investment environment in Cambodia
German investors are satisfied with Cambodia’s investment environment which to them is very open and favourable. The satisfaction was underlined by a German business delegation led by Frank-Walter Steinmeier, President of the Federal Republic of Germany during a meeting here at the Peace Palace on ...
Khmer Times Staff
https://www.khmertimeskh.com/501239869/german-investors-satisfied-with-investment-environment-in-cambodia/
A firm interested in Battambang corn investment
A company branded Agribusiness Asia Group Co., Ltd. is interested in investing in corn plantation in Battambang province. The intention was revealed by a representative of Agribusiness Asia Group Co., Ltd. in a meeting with Sok Lou, Governor of Battambang province in the province on ...
Khmer Times Staff
https://www.khmertimeskh.com/501239876/a-firm-interested-in-battambang-corn-investment/
Cambodia to set up commercial centres in China
Cambodia will set up private commercial centres in five locations in China this year, which will play an important role in promoting the country’s products and attracting China’s investment in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501238754/cambodia-to-set-up-commercial-centres-in-china/
Conference discusses support for Vietnamese businesses in Cambodia in removing difficulties
The Vietnamese Embassy in Cambodia on February 14 organised a meeting with Vietnamese businesses operating in Cambodia to discuss measures to help the businesses tackle obstacles to their investment and business. ...
Khmer Times Staff
https://www.khmertimeskh.com/501239174/conference-discusses-support-for-vietnamese-businesses-in-cambodia-in-removing-difficulties/
Cambodian officials in Labuan to cement economic collaboration
More cooperation in investment and trade is expected to take place between Labuan’s industry players and Cambodian counterparts following a technical study tour by a high-level delegation from the Cambodian Royal Government to the Labuan Corporation (LC) Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501238361/cambodian-officials-in-labuan-to-cement-economic-collaboration/
Preah Sihanouk administration welcomes development plans
The Preah Sihanouk Provincial Administration welcomed a joint statement by China and Cambodia that said they will examine the feasibility of developing an “Industrial and Technological Corridor” to achieve the development vision of the province as a “Model Multi-Purpose Special Economic Zone” (SEZ). ...
Van Socheata
https://www.phnompenhpost.com/national/preah-sihanouk-administration-welcomes-development-plans
Chinese major companies to boost investment in Cambodia
Three Chinese major companies presented multiple investment projects worth millions of dollars to Prime Minister Hun Sen during a meeting in Beijing, a release said today. The companies also plan to invest on water transportation, hospital, sewage treatment, high-speed rail, etc. ...
Hong Sovannary
https://www.khmertimeskh.com/501236857/chinese-major-companies-to-boost-investment-in-cambodia/
China to encourage more investment in Cambodian infrastructure and power generation
Cambodian Prime Minister Hun Sen wraps up his three-day official visit to China today. It’s his second trip to the country since 2020. The Cambodian leader met with Chinese President Xi Jinping on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501237128/china-to-encourage-more-investment-in-cambodian-infrastructure-and-power-generation/
Japan firm chooses Battambang for cashew nut shell fuel project
Japanese firm Top Planning Japan Co Ltd’s (TPJ) apparent interest in investing in facilities in Battambang province to convert cashew nut shells into fuel and process the fibre-rich seeds for export has been greeted with much enthusiasm among local authorities and has dramatically heightened prospects ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-firm-chooses-battambang-cashew-nut-shell-fuel-project
NBC calls for more UK investment, exports
National Bank of Cambodia (NBC) assistant governor Chea Serey on February 7 proposed that British businesspeople ramp up their investments in Cambodia and buy more local goods, to strengthen bilateral economic relations and stimulate recovery in the Southeast Asian country following a downturn linked to ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-calls-more-uk-investment-exports
Kingdom, Japan to boost economic ties to mark 70th anniversary of diplomatic relations
Cambodia and Japan have pledged to boost further economic and investment cooperation as they mark this year the 70-year anniversary diplomatic establishment between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501235450/kingdom-japan-to-boost-economic-ties-to-mark-70th-anniversary-of-diplomatic-relations/
Japan to encourage more investors to Cambodia
Japan-Cambodia Association (JCA) is committed to attract more Japanese investors to Cambodia, particularly in human resources development. ...
Khmer Times Staff
https://www.khmertimeskh.com/501234945/japan-to-encourage-more-investors-to-cambodia/
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
Trade bodies CBC, IDI team up
The Bangkok-based Cambodia Business Council (CBC) and local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as to improve Cambodian exports regionally and globally. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-bodies-cbc-idi-team
Ten new factory approvals means ‘over 20K’ more jobs
The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...
Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs
‘Eco-tourism’ development on the cards for Koh Thmey isle
Local company HTTH Island Investment Co Ltd is reportedly studying the feasibility of a 16.68sq km “eco-tourism” development project on Koh Thmey island, just southeast of Prey Nop district’s Ream National Park in Preah Sihanouk province. ...
May Kunmakara
https://www.phnompenhpost.com/business/eco-tourism-development-cards-koh-thmey-isle
Sumitomo Mitsui Banking Corporation eying investment opportunities in Cambodia
A delegation of Sumitomo Mitsui Banking Corporation (SMBC), led by its Managing Executive Officer and Co-Head of the Asia Pacific Division Rajeev Kannan, is seeking for investment opportunities in Cambodia, especially in areas of logistics and tourism port. ...
Khmer Times Staff
https://www.khmertimeskh.com/501230667/sumitomo-mitsui-banking-corporation-eying-investment-opportunities-in-cambodia/
Retail, luxury sectors set for lift from Cambodia-Korea JV
The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...
May Kunmakara
https://www.phnompenhpost.com/business/retail-luxury-sectors-set-lift-cambodia-korea-jv
South Korean agency pushes investment in auto-parts, tech
At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...
Van Socheata
https://www.phnompenhpost.com/business/south-korean-agency-pushes-investment-auto-parts-tech
Call for UK to invest in Cambodia’s agriculture sector
Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ...
Chhorn Raksmey
https://kiripost.com/stories/call-for-uk-to-invest-in-cambodias-agriculture-sector
Invest in Cambodia: French foreign trade minister
A senior French official has called on his countrymen to invest more in Cambodia, citing rapid economic growth, a burgeoning middle class and an overall healthy investment climate. ...
May Kunmakara
https://www.phnompenhpost.com/business/invest-cambodia-french-foreign-trade-minister
Three more projects worth $18 million approved
The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $18 million. The new projects belong to New Target Footwear (Cambodia) Co., Ltd., Golden Island Garments (Cambodia) Co., Ltd., and Jin Long Quan (Cambodia) Co., Ltd., ...
Khmer Times Staff
https://www.khmertimeskh.com/501227974/three-more-projects-worth-18-million-approved/