Chinese investors | Open Development Cambodia (ODC) - Page 2

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    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

    Congressional Hearing in US Pushes Cut to Cambodian Aid

    At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcom­mittee ...

    http://www.cambodiadaily.com/news/congressional-hearing-in-us-pushes-cut-to-cambodian-aid-34389/

    Beware risk with ASEAN investment

    Members of the Association of Southeast Asian Nations (ASEAN) have become magnets for Chinese investment amid the global economic slump. Among the most recent deals, Hunan Province-based Xinyuan Mining Co Ltd bought a license to exploit a 28 million square meter gold mine in Cambodia, and ...

    http://www.globaltimes.cn/content/791893.shtml#.UcueODuj2xA

    China's Nanning City officials visit Cambodia to promote tourism ties

    A group of about 20 officials and tourism-related business owners from Nanning City, capital of south China’s Guangxi Zhuang Autonomous Region, is visiting Cambodia to broaden bilateral relations and cooperation in tourism. The delegation is led by Yang Min, Nanning’s vice mayor. On Tuesday, the group ...

    http://english.peopledaily.com.cn/90883/8183679.html

    Chinese Firms Foresee Industrial Hub in Preah Vihear

    Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

    http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

    Single Company to Run Public Buses in Phnom Penh

    Phnom Penh could have a public bus system operating under a single company before the end of 2013 at the earliest, Phnom Penh governor Kep Chuktema said yesterday. Global (Cambodia) Trade Development, a joint venture between Cambodian and Chinese investors, had originally been chosen alongside South ...

    http://www.cambodiadaily.com

    Cambodia greets 333,900 Chinese tourists in 2012, up 35 pct

    Cambodia attracted 333,900 Chinese tourists last year, a 35 percent rise compared with 247, 200 Chinese visitors in a year earlier, according to a report of the Ministry of Tourism on Tuesday. “We see a steady rise of Chinese tourists to Cambodia from year to ...

    http://news.xinhuanet.com/english/travel/2013-02/12/c_132165732.htm

    $4m restaurant reflects growing Chinese presence in Cambodia

    Old Place Seafood, a Chinese restaurant that cost $4 million, has opened in Phnom Penh. A representative of the restaurant, which is opposite the Chinese embassy, said the growing number of Chinese people in the Kingdom had justified such an investment. Luu Meng, president of the ...

    http://www.phnompenhpost.com/2013020561175/Business/4m-restaurant-reflects-growing-chinese-presence-in-cambodia.html

    Second Factory Manager Arrested for Lese Majeste

    A second Chinese garment factory manager was arrested yesterday for destroying a photograph of the late King Norodom Sihanouk, while the woman who destroyed pictures of the late monarch at the factory in Phnom Penh on Monday was convinced and given a one-year suspended sentence, officials said. Employed ...

    'Threats' made over farmland

    About 200 families in Koh Kong province’s Botum Sakor district were threatened with legal action yesterday by the district governor, who told them their 100-hectare plantation had been earmarked for development by a Chinese firm, a village representative alleged. Two days later, Botum Sakor district ...

    http://www.phnompenhpost.com/index.php/2012102259338/National-news/threats-made-over-farmland.html

    Stirrings from B Kak developer

    After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...

    http://www.phnompenhpost.com/index.php/2012092858978/National-news/boeung-kak-lake-developer-makes-moves.html

    Huge Chinese property project announced

    Chinese firm Hainan Ruijin Investment Holding Company (HRIH) has announced an ambitious, US$5.8 billion property project including holiday resorts and high-rise apartments outside of Sihanoukville. Plans for the development, which has been dubbed Sihanoukville-Hainan City, have been approved by the Cambodian government. Further details, such as the ...

    China giant looks to Kingdom

    Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...

    http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

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