News
Cambodia’s investment climate shows promising trends
The investment climate in Cambodia is showing significant growth in 2024, with promising opportunities and positive growth trends in the coming years, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC). ...
Sum Manet
https://www.khmertimeskh.com/501612866/cambodias-investment-climate-shows-promising-trends/
Govt approves investments worth nearly $7B this year
Prime Minister Hun Manet on Friday said that the Council for the Development of Cambodia (CDC) approved 414 investment projects worth $6.90 billion in 2024, an increase of 40 percent compared to $4.92 billion last year. ...
Nhean Chamrong
https://www.khmertimeskh.com/501612421/govt-approves-investments-worth-nearly-7b-this-year/
Cambodia urges Qatar’s investment and trade promotion
Senate President Hun Sen Tuesday urged Prime Minister of the State of Qatar Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani to encourage Qatari investors to invest in Cambodia and promote trade between the two countries. . ...
Sum Mane
https://www.khmertimeskh.com/501606799/cambodia-urges-qatars-investment-and-trade-promotion/
Cambodia eyes boost in tourism, investment from Hong Kong, Macau
Cambodia is optimistic about increasing the number of Chinese tourists and investors, particularly from Hong Kong and Macau, following fruitful discussions during the “GX Foundation Khmer Cuisine Charity Dinner”. ...
Over 40 investment projects with $940 Million in capital approved by the CDC in November
In November, the Council for the Development of Cambodia (CDC) endorsed 40 new investment projects and 3 production expansion projects with a total investment capital of $940 million, generating some 39,000 job opportunities for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501604458/over-40-investment-projects-with-940-million-in-capital-approved-by-the-cdc-in-november/
PM says Kingdom provides safe investment environment
Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...
Mom Kunthea
https://www.khmertimeskh.com/501590518/pm-says-kingdom-provides-safe-investment-environment/
Cambodia attracts $443 million in new FDI
Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. ...
Manoj Mathew
https://www.khmertimeskh.com/501579714/cambodia-attracts-443-million-in-new-fdi/
An early look at how Cambodia’s economic vision is shaping up
There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...
Nhean Chamrong
https://www.khmertimeskh.com/501577061/an-early-look-at-how-cambodias-economic-vision-is-shaping-up/
Chanthol points up 4 key factors for FDI attraction
Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...
Chea Vanyuth
https://www.khmertimeskh.com/501577098/chanthol-points-up-4-key-factors-for-fdi-attraction/
27 projects worth $306 million get incentives in Preah Sihanouk
With this, the number of projects eligible under the special investment promotion programme soared to 110. ...
Manoj Mathew
https://www.khmertimeskh.com/501552494/27-projects-worth-306-million-get-incentives-in-preah-sihanouk/
Cambodia attracts $7.5 billion investments in govt’s first year
Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501550327/cambodia-attracts-7-5-billion-investments-in-govts-first-year/
Korean FDI ranks 2nd in Cambodia, Ambassador Park says
Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...
Nhean Chamrong
https://www.khmertimeskh.com/501542173/korean-fdi-ranks-2nd-in-cambodia-ambassador-park-says/
Korean Ambassador praises Cambodia’s investment policy
The Ambassador of the Republic of Korea to Cambodia Tuesday commended the Cambodian government for its proactive measures to enhance the investment climate in the country, stressing that more Korean investors are keen to explore opportunities in the Kingdom. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540926/korean-ambassador-praises-cambodias-investment-policy/
MEF bullish on medium-term growth amid diversification
The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...
James Whitehead
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/
Hun Manet leads Cambodian delegation to woo Singaporean investors
Prime Minister Hun Manet led a delegation of prominent people from Cambodia’s business community to the Cambodia-Singapore Business Forum, with the aim of attracting more Singaporean investment to the Kingdom. ...
Marissa Carruthers
https://kiripost.com/stories/hun-manet-leads-cambodian-delegation-to-woo-singaporean-investors
FDI inflows hit $48.4 billion in Cambodia in six years
Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...
Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/
Cambodia tops emerging markets FDI index 2024
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...
James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/
FDI inflows into manufacturing remain high
Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/
Investment in financial sector falls 28.7%
Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...
Mao Sreypich
https://kiripost.com/stories/investment-in-financial-sector-falls-287
Cambodia’s green energy, a ticket to EU funds
When it comes to EU-based companies, many prioritise transitioning to renewable energy and if Cambodia can show progress in this space it would make the country more attractive, said a new report, titled, ‘Cambodia’s Attractiveness for EU Foreign Direct Investments (FDI)’. The report was produced ...
Rachel David
https://www.khmertimeskh.com/501427160/cambodias-green-energy-a-ticket-to-eu-funds/
Kingdom seeks to boost foreign investment
Domestic stakeholders and economic experts are advocating for an enhanced investment climate to elevate Cambodia’s status and attract foreign direct investment (FDI) within ASEAN. Tan Monivann, vice-president of the Cambodia Chamber of Commerce (CCC), is currently attending the 43rd ASEAN Summit in Indonesia. He conveyed ...
Van Socheata
https://phnompenhpost.com/national/kingdom-seeks-boost-foreign-investment
Cambodia average annual FDI inflows growth at 8.1 percent
Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...
Adur Pradeep
https://www.khmertimeskh.com/501222747/cambodia-average-annual-fdi-inflows-growth-at-8-1-percent/
Condo oversupply persists amid low FDI and foreign buyers
Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...
Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers
Jan-May CDC approvals $2.66B
The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b