Investment
Investment policy and regulations
Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market
Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...
Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market
Projects worth millions agreed
The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...
Sok Chan
https://www.khmertimeskh.com/50695073/projects-worth-millions-agreed
As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors
The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...
Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors
Cambodia benefits from Japanese tech
Minister of Economy and Finance Aun Pornmoniroth has encouraged the Japanese-owned Kirirom Institute of Technology to seek more Japanese technology companies to aid the establishment of the Eco-Technology Park at the Kirirom resort in Kampong Speu province. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-benefits-japanese-tech
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
Japan calls for policy changes
Representatives of Japanese companies and investors on Wednesday submitted a list of policy recommendations to the government concerning 21 challenges to the Kingdom’s business climate. Japanese Ambassador to Cambodia Masahiro Mikami and leaders of the Japanese Business Association in Cambodia (JBAC), Japan International Cooperation Agency and ...
May Kunmakara
https://www.phnompenhpost.com/business/japan-calls-policy-changes
Thai firm to build plant in Pursat
Thai-based Precise Electric Manufacturing Co Ltd is planning to build an electric equipment plant in Pursat province to cash in on the high demand in the Kingdom. The announcement was made during a meeting between Pursat provincial governor Mao Thornin and the firm’s representatives on ...
Thou Vireak
https://www.phnompenhpost.com/business/thai-firm-build-plant-pursat
$4M solar farm investment launched in the Kingdom
Pestech International, a Malaysian company that specialises in solar power technology and infrastructure, has expanded its presence in the Kingdom. The Edge Markets reported yesterday that Pestech has acquired a 94 percent stake in Green Sustainable Ventures (Cambodia). The investment is worth $4 million, according ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50680533/4m-solar-farm-investment-launched-in-the-kingdom
FDI to Cambodia rockets 12% to $3.5 billion in 2019
Cambodia attracted more than $3.5 billion in foreign direct investment (FDI) last year, an increase of nearly 12 per cent over 2018, thanks in part to Chinese investors who accounted for half of the investments, a National Bank of Cambodia (NBC) report released last week ...
Hin Pisei
https://www.phnompenhpost.com/business/fdi-cambodia-rockets-12-35-billion-2019
Japan firm opens logistics centre in PPSEZ
Nippon Express (NPEXY), a Japanese firm specialising in lorry, rail, and air transport services, launched its new logistics centre at the Phnom Penh Special Economic Zone (PPSEZ) on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/japan-firm-opens-logistics-centre-ppsez
China’s Shandong eyes investment in agriculture in Kratie
Delegates from the Shandong provincial standing committee have expressed strong interest in investing in Kratie province’s agricultural sector, provincial governor Va Thorn told The Post on Monday. “The Chinese delegation inspected the Snuol Special Economic Zone [SEZ] as they have expressed interest in investing in a ...
Hin Pisei
https://www.phnompenhpost.com/business/chinas-shandong-eyes-investment-agriculture-kratie
‘Stop all checks on Chinese venues’
Preah Sihanouk provincial governor Kouch Chamroeun has called on provincial and town police to stop the unwarranted inspections of businesses run by foreigners, especially Chinese nationals.Chamroeun was speaking at a provincial administration meeting last week that discussed encouraging further foreign investment in legitimate businesses in ...
Voun Dara
https://www.phnompenhpost.com/national/stop-all-checks-chinese-venues
CDC approves three projects worth $11M
Three investment projects worth more than $11 million were approved by the Council for the Development of Cambodia (CDC) this week, a CDC press release said on Wednesday. CDC approved the establishment of the SWJ (Cambodia) Garment Co, Ltd, in Kampong Speu province’s Chbar Mon ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-three-projects-worth-11m
Chinese eye asset management
A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management
CDC approves projects worth $8.8M
The Council for the Development of Cambodia (CDC) approved three investment projects in the bags and garment sector with a total capital investment of $8.8 million, it said on Monday. The projects approved are bag factory Quan Ming Handbag (Cambodia) Industrial Co Ltd, the bag and ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-projects-worth-88m
EU issues support for investment in Kingdom
EU Ambassador Carmen Moreno has vowed to bring more European investors into the Kingdom and pledged to uphold good relations between the EU and Cambodia. During a meeting with Senate president Say Chhum yesterday, Ambassador Moreno acknowledged the country’s progress and improvement under the government’s ...
Taing Vida
https://www.khmertimeskh.com/50664368/eu-issues-support-for-investment-in-kingdom/
Chinese firms set to invest in car assembly, fertiliser plants
Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...
Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants
US companies urged to invest in Cambodia
Cambodia last week asked the United States to increase investments in the Kingdom, claiming that working conditions here have improved dramatically in recent years. The appeal was made by Commerce Minister Pan Sorasak in a meeting on Friday with US Ambassador Patrick Murphy. Mr Sorasak ...
Minister wants better business relationship with Hunan province
Minister of Public Works and Transport Sun Chanthol on Tuesday called on China’s Hunan province to promote bilateral trade, cooperation and investment, and seize opportunities in many potential sectors. He was speaking at the Hunan Investment Promotion and Machinery Expo in Phnom Penh on Tuesday to ...
May Kunmakara
https://www.phnompenhpost.com/business/minister-wants-better-business-relationship-hunan-province
Hunan province group to invest $1.3 billion in Kingdom
A group of businessmen from China’s Hunan province will today sign agreements to invest $1.3 billion in the Kingdom. The commitment was made during a meeting between Foreign Affairs Minister Prak Sokhonn and Du Jiahao, a member of the CPC Central Committee and secretary of ...
Khy Sovuthy
https://www.khmertimeskh.com/50661005/hunan-province-group-to-invest-1-3-billion-in-kingdom/
Sihanoukville to welcome four new industrial parks
The coastal province of Preah Sihanouk will soon be home to four more special economic zones, bringing the total number of industrial parks there to nine, the prime minister said Saturday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50661037/sihanoukville-to-welcome-four-new-industrial-parks/
Fujian investors eyeing P Sihanouk province
During a meeting with Minister of Industry and Handicraft Cham Prasidh on Thursday in Phnom Penh, Fujian Provincial Federation of Entrepreneurs and Enterprises deputy secretary-general Wei Zheng said the association is eyeing potential areas for investment. ...
Hin Pisei
https://www.phnompenhpost.com/business/fujian-investors-eyeing-p-sihanouk-province
Shenzhen Institute of Planning to undertake Sihanoukville masterplan
The Shenzhen Urban Planning and Design Institute has been commissioned to undertake a masterplan to transform Sihanoukville into a modern sprawling metropolis, using the Shenzhen experience as its secret recipe. ...
Khmer Times Staff
https://www.khmertimeskh.com/660033/shenzhen-institute-of-planning-to-undertake-sihanoukville-masterplan/
China to finance Preah Sihanouk development
Chinese Prime Minister Li Keqiang has agreed to a request from Cambodia to provide financial support for the development of Preah Sihanouk province. The request was made on Sunday by Prime Minister Hun Sen on the sidelines of the 35th Asean Summit and Related Summits ...
Ben Sokhean
https://www.khmertimeskh.com/50657174/china-to-finance-preah-sihanouk-development/