News
Cambodia attracts $1.39 bln investment in first 2 months of 2024
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ... ...
Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/
PM invites Chinese investors to put money into infra sector
Prime Minister Hun Manet has invited Chinese investors to invest in infrastructure projects in Cambodia as the government sees this as key to the country’s socio-economic development. ... ...
Chea Vanyuth
https://www.khmertimeskh.com/501442510/pm-invites-chinese-investors-to-put-money-into-infra-sector/
DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government
Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...
Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/
Cambodia confident as potential investment destination
Cambodia has proven itself as a potential investment destination with positive growth trends, development, and reform, according to a recent report by the Royal Government of Cambodia. ... ...
Khmer Times Staff
https://www.khmertimeskh.com/501413722/cambodia-confident-as-potential-investment-destination/
IMF lauds Cambodia’s fiscal vigor, anti-laundering efforts
The International Monetary Fund’s (IMF) Article IV Consultation team has recognised Cambodia for its robust actions against money laundering and terrorism financing. ... ...
Post Staff
https://www.phnompenhpost.com/national/imf-lauds-cambodias-fiscal-vigor-anti-laundering-efforts
More investment anticipated following Fujian investors’ visit
Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ... ...
Hin Pisei
https://www.phnompenhpost.com/business/more-investment-anticipated-following-fujian-investors-visit
New Government formation to bring more new investments
The formation of the new Royal Government of Cambodia will bring new investments to the country, generating more jobs and contributing to the economic growth. ... ...
Khmer Times Staff
https://www.khmertimeskh.com/501347755/new-government-formation-to-bring-more-new-investments/
ASEAN-India trade up 23.4% at $113 billion in 2022
The two-way trade between ASEAN and India reached $113 billion in 2022, a year-on-year increase of 23.4 per cent, according to the preliminary ASEAN statistics. ... ...
Khmer Times Staff
https://www.khmertimeskh.com/501346715/asean-india-trade-up-23-4-at-113-billion-in-2022/
ASEAN economic ministers ‘optimistic’
Geopolitical tensions could disrupt international trade and supply chain links, blocking efficiency gains derived from globalisation, ASEAN economic ministers (AEM) said at their 55th regional meeting. ... ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-economic-ministers-optimistic
Kampong Speu anticipates business boom, 25 factories
Kampong Speu is gearing up for a business boom, with the provincial administration recently revealing plans to set up 25 new factories and enterprises later this year. ... ...
Kim Yutharo
https://www.phnompenhpost.com/business/kampong-speu-anticipates-business-boom-25-factories
Stimulating FDI to strengthen Cambodia’s economy
Despites the ongoing Covid-19 crisis and geopolitical tensions, foreign direct investment (FDI) inflows to Cambodia remain stable, attracting $3.6 billion last year, a senior official said on Friday. ... ...
Prak Chan Thul
https://kiripost.com/stories/stimulating-fdi-to-strengthen-cambodias-economy
Foreign investments up $45.8b in Q1’23 - NBC
Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ... ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up
Nine new investments worth $77M to deliver 17K jobs
The Council for the Development of Cambodia’s (CDC) two regular notices issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects – all in manufacturing – valued at a total of $77.4 million and set to deliver an ...
Hin Pisei
https://www.phnompenhpost.com/business/nine-new-investments-worth-77m-deliver-17k-jobs
Reforms aimed at overcoming FDI challenges
The Cambodian government has continuously implemented reforms to overcome challenges to attract more foreign direct investment, a senior official at the Ministry of Economy and Finance said. ... ...
Chea Vanyuth
https://www.khmertimeskh.com/501270538/reforms-aimed-at-overcoming-fdi-challenges/
Singapore replaces China as Cambodia’s top FDI source
Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ... ...
Manoj Mathew
https://www.khmertimeskh.com/501178069/singapore-replaces-china-as-cambodias-top-fdi-source/
FDI in Cambodia’s construction sector touches $334M
Cambodia continued to receive substantial Foreign Direct Investment in the construction sector in 2021, despite the economic slowdown in the wake of Covid-19, showed the Asean Investment Report 2022. ... ...
Manoj Mathew
https://www.khmertimeskh.com/501174759/fdi-in-cambodias-construction-sector-touches-334m/
China remains top in Kingdom’s FDI last year
China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ... ...
Chea Vanyuth
https://www.khmertimeskh.com/501068035/china-remains-top-in-kingdoms-fdi-last-year/
FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ... ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
Growth at risk from ‘turmoil’
Cambodia's Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. ... Speaking ...
http://www.phnompenhpost.com/business/growth-risk-%E2%80%98turmoil%E2%80%99
Don't Envy the Chinese, Gov't Tells Europe
The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...