New office to attract HK investors

Local investors have welcomed the presence of the Hong Kong Business Association in Cambodia (HKBAC), which officially opened its offices on Monday, as a way of attracting more investors from Hong Kong to Cambodia. ...

Sok Chan

Thais propose business centers in border areas

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports. ...

May Kunmakara

Indian investors warming up to Cambodia

Although bilateral trade between India and Cambodia remains low, investors from the subcontinent are eying the market here for its potential as a regional hub for their agricultural, machinery and industrial products, B. Sarkar, executive director of the Engineering Export Promotion Council (EEPC) of India, ...

Chea Vannak

Minister says Cambodia Chamber of Commerce lagging behind

The Minister of Industry and Handicrafts on Monday said the Cambodia Chamber of Commerce (CCC), the country’s most prominent private-sector lobbying group, should be doing more for the country’s entrepreneurs. “Honestly, even though the Cambodia Chamber of Commerce has more resources, it has not provided ...

Kang Sothear

TAITRA reiterates Phnom Penh trade center approved

The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...

Shih Hsiu-chuan

Bilateral trade with Malaysia up 17.6 percent

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

Kang Sothear

Poipet to see new economic zone

Japanese investors will put $56 million into a joint venture with local company Sanco Investment Group (SIG) to build a new special economic zone in Banteay Meanchey province’s Poipet town, officials said yesterday. Chhour Vichet, executive director of SIG, said Thailand’s labour shortage, Cambodia’s ongoing political ...

May Kunmakara

Cambodia's special economic zones attract 1.65 bln USD investment since inception

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Global Times News Staff

What does the future hold?

Officials, business professionals and political analysts have mixed opinions on the leadership of the single-party Cambodian government and what the future hold for the next five years. Sok Touch, a professor of political science at Khemarak University, said the political deadlock won’t help the nation become ...

Kay Kimsong

Cambodia's bourse sees slow progress in 1st year of operations

The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...

Nguon Sovan

Kingdom’s logistics firms see diversity

Logistics firms saw a new level of diversity in Cambodian exports, a trend that would protect the economy from external shock, several shipping companies said. The Kingdom is on the right track to diversify and increase the export of agricultural products, while decreasing its reliance on ...

$6bn in projects approved in 2011

Investment approved between January and October surpassed those last year by  US$160 million, according to a report from the Council for the Development of Cambodia. The 126 local and foreign investment projects through October, worth about $6 billion, overshadowed the $5.8 billion in the whole of ...

Business Registrations Up 34% This Year

The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...

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