Oz pledges $66M for economic resilience

Australia plans to provide about A$90 million (US$66 million) in funding to Cambodia for a new bilateral project dubbed “Resilience Economic Development”, according to the Council for the Development of Cambodia (CDC) on September 15. ...

Thou Vireak

2nd phase of business registration system up

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Thou Vireak

CDC hosts Japan investor meet

The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ...

Hin Pisei

Four agencies join Single Portal for new phase

The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ...

Thou Vireak

Japanese investments to diversify economy praised

The 22nd Cambodia-Japan Joint Committee met via video conference with more than 130 members of the private sector in attendance this week. Discussions focused on minimum wage, taxes, logistics, energy supply, automobile imports, human resource development and organising workshops to better understand supply chains, according ...

Husain Haider

CDC endorses 12 projects worth over $79M as of Aug 23

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 12 projects with capital investment of over $79 million this month as of August 23, which could generate a reported 4,048 new jobs. ...

Thou Vireak

$2.4 million bag and shoe factory gets CDC’s nod

The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co  Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. ...

Michael Firn

New garment sector investments exceeding $8mn approved by CDC

The Garment Manufacturers Association in Cambodia (GMAC) is welcoming new investments in one of the Kingdom’s pillar industries as new variants and outbreaks lead to a string of downgrades in economic projections. ...

Husain Haider

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...

Michael Firn

GDT strives to unfold tax intricacies: official

A senior tax official pledged to facilitate all tax issues for Japanese investors currently investing or doing business in Cambodia to ensure things go smoothly, as part of a broader effort to create productive feedback channels, and improve transparency and operational efficiency, according to the ...

Hin Pisei

Cabinet approves investment law

The Council of Ministers, or Cabinet, on July 9 approved the Draft Law on Investment, following a plenary session chaired by Prime Minister Hun Sen via a Zoom call. ...

Hin Piset

$2.4B in new investments for H1

The Council for the Development of Cambodia (CDC) approved 70 projects with a total capital investment of $2.428 billion in the first half of this year. This is according to calculations by The Post based on CDC statements issued via social media throughout the January-June ...

Thou Vireak

Swiss gov’t pledges $58M development grant over 2022-25

The Swiss government on June 3 pledged up to 52 million francs ($58 million) in grants for the Kingdom’s development over the next four years, the Council for the Development of Cambodia (CDC) said in a statement.   ...

Thou Vireak

Two new investment projects approved by CDC

The Council for the Development of Cambodia (CDC) has issued investment certificates to Fu Bi Xing (Cambodia) Packaging Co., Ltd and Sheng He Leisure Bag (Cambodia) Co., Ltd for the production of travel bags and goods in the Kingdom. ...

Gareth Johnson

New investment projects of $2.2 billion licensed in Q1

The Council for the Development of Cambodia (CDC) awarded licences to 94 new investment projects with a registered value of $2.2 billion, during the first quarter of 2021, a 114 percent increase compared to projects approved during the same period last year. ...

Chea Vanyuth

Development council approves electric bike plant and rain gear investments

The Council for the Development of Cambodia (CDC) yesterday approved two new projects worth $5.6 million that will create nearly 1,500 new jobs. ...

Khmer Times Staff

New business activity ongoing despite Coronavirus challenges

Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...

Brian Badzmierowski

CDC greenlights five projects worth $1.3B

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

Hin Pisei

CDC approves eight projects so far in March

Cambodia approved eight investment projects worth over $69 million in the first three weeks of this month that are expected to deliver 5,249 jobs, according to a report from the Council for the Development of Cambodia (CDC). ...

Hin Pisei

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