News

CDC okays $2.38B of projects in Jan-Feb

The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes.   ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb

Kingdom, Oman set to scale up trade, investment bonds

Cambodia and Oman have agreed to upgrade cooperation in trade and investment, identify priority areas, and explore the grounds to draw up agreements that resonate with both countries’ unique resources and abilities, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-oman-set-scale-trade-investment-bonds

Russians mull Preah Sihanouk projects

A prominent Russian lawmaker has expressed his commitment to lure more enterprises from his country to invest in and do business in Preah Sihanouk province, especially in fields such as technology and heavy industry, according to a senior provincial official.   ...

Nov Sivutha
https://www.phnompenhpost.com/business/russians-mull-preah-sihanouk-projects

$2.3B of projects greenlit in January

The Council for the Development of Cambodia (CDC) approved final registration certificates for 25 projects in the first month of 2022, with total registered capital of nearly $2.3 billion and expected to create 23,175 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/23b-projects-greenlit-january

Korea FTA planned to be signed in October

Minister of Commerce Pan Sorasak plans to lead a delegation to South Korea next month to sign the Cambodia-Korea Free Trade Agreement (CKFTA), if the Covid-19 situation permits, according to a senior official. ...

May Kunmakara
https://www.phnompenhpost.com/business/korea-fta-planned-be-signed-october

Cambodia new investments totaling $900 million spread over nine provinces

Cambodia registered 40 new investment projects worth more than US$900 million in the first three months of this year, according to the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50706552/cambodia-new-investments-totaling-900-million-spread-over-nine-provinces/

Approved investment triples

In the first six months of 2013, the total amount of government-approved investment in Cambodia jumped more than 200 per cent year-on-year, according to the most recent statistics from the Ministry of Economy and Finance. Released on Friday, the numbers show that $2.3 billion was earmarked ...

May Kunmakara
http://www.phnompenhpost.com/business/approved-investment-triples

Malaysia's Dataprep considers presence in Cambodia

Malaysian information technology service provider Dataprep Holdings Bhd is considering establishing a presence in Cambodia, the Malaysian Reserve reported Monday. “We are currently looking at increasing our presence in Indochina, ASEAN and China,” chief executive Ahmad Rizan Ibrahim was quoted as telling reporters Friday. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjViNjdmMjg5ZTc

Car Maker Mazda Opens in Cambodia

Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...

http://www.cambodiadaily.com/business/car-maker-mazda-opens-in-cambodia-39630/

PAL sets new closing date for investment in Cambodia Airlines

The deal between national flag carrier Philippine Airlines (PAL) and Royal Group of Cambodia (RCG) to form Cambodia Airlines Co.  Ltd. is set to be completed within the next two months. This was according to Ma. Cecilia Pesayco, assistant corporate secretary of PAL’s parent firm PAL ...

http://www.gmanetwork.com/news/story/321652/economy/business/pal-sets-new-closing-date-for-investment-in-cambodia-airlines

Gaming outfit reports loss

Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...

http://www.phnompenhpost.com/business/gaming-outfit-reports-loss

Hyundai’s Cambodia plans

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...

http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans

Global hotel group sees profits rise 20 per cent

Intercontinental Hotels Group, one of the world’s leading hotel companies and operator of InterContinental Hotels & Resorts – one of whose hotels is located in Phnom Penh – said first-half-of-year profits rose 20 per cent on strong gains in the Americas region. According to a statement ...

http://www.phnompenhpost.com/business/global-hotel-group-sees-profits-rise-20-cent

Cambodia’s Hun Sen Slams U.S. Threats Over Aid

Cambodian Prime Minister Hun Sen on Friday criticized U.S. threats to cut aid to the impoverished Southeast Asian nation if its election wasn’t free and fair, and dared American lawmakers to follow through on their warning. His comments came after U.S. lawmakers started processes in the ...

http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-293500/

First Park Hyatt in Southeast Asia opens in Siem Reap

Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior designer Bill Bensley. “We are ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTJhYWQ3Mzc1NjI

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

ghs43
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!