News

‘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

Gov’t approves $9B worth of building projects in 2019

The government has approved more than $9 billion this year for capital investment in the construction sector, a nearly 80 per cent increase on last year, with most of the growth coming from projects in Sihanoukville, according to Minister of Land Management, Urban Planning and ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-approves-9b-worth-building-projects-2019

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

Sihanoukville aims to reform tourism landscape

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape

Chinese group vows to educate on the law

At a bilateral meeting between Preah Sihanouk province and a delegation of China’s Ministry of Public Security on Friday, the latter committed to educate its nationals to strictly respect Cambodian laws. Provincial administration spokesman Kheang Phearum said on Monday that during the meeting, the administration ...

Voun Dara
https://www.phnompenhpost.com/national/chinese-group-vows-educate-law

Influx of Chinese business travelers, investors to Cambodia drives construction boom

Cambodia’s economy has seen an influx of business investors from China, which has driven demand for housing and hospitality services in the Southeast Asian nation. Two million Chinese visited the country last year, an increase of around 67 per cent from 2017. They represented the ...

Martin Choi
https://www.scmp.com/property/international/article/3020644/influx-chinese-business-travellers-investors-cambodia-drives

Chinese patent deal to come into effect this month

The validation agreement between China’s State Intellectual Property Office (Sipo) and Cambodia will enter into force by the end of this month, helping protect Chinese invention patents in the kingdom. ...

Sok Chan
http://www.khmertimeskh.com/50113909/chinese-patent-deal-to-come-into-effect-this-month/

Ministry rebuts reports of Chinese money laundering through property market

The spokesman for the Ministry of Foreign Affairs hit back at news reports about Chinese investors laundering their money through Cambodia’s real estate market on Monday, calling them “baseless”. ...

Ben Sokhean
http://www.phnompenhpost.com/national/ministry-rebuts-reports-chinese-money-laundering-through-property-market

Chinese demand drives construction boom in Cambodia

The value of construction projects in Cambodia rose more than 22 percent to $6.4 billion in 2017 from the previous year, according to official figures released on Tuesday that showed the impact of a boom driven by Chinese investors. The high level of Chinese investment is ...

Prak Chan Thul
https://www.reuters.com/article/cambodia-construction/chinese-demand-drives-construction-boom-in-cambodia-idUSL3N1PB2YA

Beach sellers must make room for Chinese investors

Preah Sihanouk provincial authorities will ask the government to deal with 10 sellers who refuse to relocate from Koh Puos – or Hawaii beach – and Lomher Kay beach.​ Vendors’ representatives have asked for compensation from provincial authorities to relocate to a new area. ...

Pech Sotheary
http://www.khmertimeskh.com/5099381/beach-sellers-must-make-room-chinese-investors/

Building materials market to cater to growing needs

Chinese investors have injected nearly $5 million to build the first international-standard construction materials market – Difa International Decoration and Building Materials Market – with famous brand products from around the world.   ...

Sum Manet
http://www.khmertimeskh.com/news/39723/building-materials-market-to-cater-to-growing-needs/

China’s squeeze on capital outflow felt in Cambodia

Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...

Kali Kotoski and Brian Ng
http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia

Agriculture expo expected to draw Chinese investors

More than 1,000 Chinese investors and businessmen will soon come to Cambodia to seek investment partnerships with their Cambodian counterparts during the inaugural International Agriculture Products and Expository conference on Koh Pich Island. ...

Sok Chan
http://www.khmertimeskh.com/news/39529/agriculture-expo-expected-to-draw-chinese-investors/

Business centre lure for Chinese

Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum in ...

Sum Manet
http://www.khmertimeskh.com/news/38508/business-centre-lure-for-chinese/

Local supply of glass, mirror products

A China-based mirror manufacturing business that fabricates various glass and mirror products for use in the construction industry is keen to set up operations in the country. “Right now the industry is importing most of its construction materials from overseas and this makes it expensive. ...

Chea Vannak
http://www.khmertimeskh.com/news/35456/local-supply-of-glass--mirror-products/

China to align Asean policy with Cambodia

China is considering setting up an industrial zone in Cambodia and says it will announce new areas of cooperation with Asean nations in line with Cambodia’s industrial development policy. The issues were discussed on Saturday when Commerce Minister Pan Sorasak met Xu Ningning, executive president of ...

Sum Manet
http://www.khmertimeskh.com/news/32729/china-to-align-asean-policy-with-cambodia/

Longer visas for Chinese, Koreans

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/

Red carpet for Chinese investors

The high-profile investment conference, held under the tagline “Cambodia: The Kingdom of Opportunity Along The ‘One Belt, One Road”, saw representatives of more than 200 Chinese companies gather at a hotel conference centre on the outskirts of the capital. The full-day event was jointly organised ...

Joey Chua Xue Ting and Cheng Sokhorng
http://www.phnompenhpost.com/business/red-carpet-chinese-investors

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

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

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