News

GMS cross-border pact on hold

Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...

Sok Chan
http://www.khmertimeskh.com/news/28140/gms-cross-border-pact-on-hold/

Prime Minister puts island projects on notice

Prime Minister Hun Sen used his Facebook page this week to order his government to revoke the project licenses of companies failing to develop islands off the coast of Cambodia, or—worse—trying to sell them off to others. ...

Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-puts-island-projects-on-notice-116299/

Cambodian agriculture ideas planted in Seoul

The ASEAN-Korea Centre has hosted a seminar to promote investment in Cambodia’s agricultural industry. Co-organized with the Council for the Development of Cambodia (CDC), the “Investment and Business Environment Seminar on Cambodia” was held at Hotel Shilla in Seoul on June 29. About 70 Koreans attended. ...

Rachel Lee
http://www.koreatimes.co.kr/www/news/nation/2016/07/176_208500.html

Stronger SMEs ‘needed to draw investors’

Building the capacity for Small and Medium Sized Enterprises (SMEs) is vital to attracting investors from the EU, where there is a strong appetite for putting money into Cambodia, a senior government official said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/23285/stronger-smes----needed-to-draw-investors---/

French firms win praise for corporate responsibility

Four French Companies have received the first 2016 Corporate Social Responsibility (CSR) awards in areas of economic governance, environment and social impact. ...

Sum Manet
http://www.khmertimeskh.com/news/23230/french-firms-win-praise-for-corporate-responsibility/

Strikes, increased wages and electricity costs worry Japanese investors

Illegal strikes, the minimum wage and high electricity costs were the subjects discussed during the 13th annual meeting between Cambodia and Japan last week, according to the Council for Development of Cambodia (CDC). ...

Sok Chan
http://www.khmertimeskh.com/news/22618/strikes--increased-wages-and-electricity-costs-worry-japanese-investors/

Gov’t aims for more German investment

Government officials are seeking more investment from German companies, they said yesterday during a meeting with a delegation of executives from the country. ...

Sok Chan
http://www.khmertimeskh.com/news/21901/gov---t-aims-for-more-german-investment/

Cambodia-Korea forum looks at new investment opportunities

The ASEAN-Korea Centre held a Cambodia-Korea Investment Forum at the Raffles Le Royal Hotel in Phnom Penh, Cambodia, on Feb. 2. ...

Rachel Lee
http://www.koreatimes.co.kr/www/news/nation/2016/02/176_197946.html

SME federation wants its own SEZ

The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...

Sok Chan
http://www.khmertimeskh.com/news/21157/sme-federation-wants-its-own-sez/

Appetite for investment in agriculture rising, forum told

South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...

Sok Chan
http://www.khmertimeskh.com/news/20905/appetite-for-investment-in-agriculture-rising--forum-told/

Special Economic Zones ‘key to future’

Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...

Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/

No increase in foreign direct investment last year

Cambodia received roughly $4 billion in foreign direct investment last year—roughly the same amount as in 2013, the secretary-general of the Council for the Development of Cambodia (CDC) said after a meeting with the National Assembly’s environment and rural development commission. ...

Kang Sothear
https://www.cambodiadaily.com/news/no-increase-in-foreign-direct-investment-last-year-78629/

Cambodian PM, businessmen head to Nanning for 11th ASEAN-China Expo

Cambodian Prime Minister Hun Sen, accompanied by businesspeople and senior officials, flew to Nanning City of southwest China’s Guangxi province on Monday to attend the 11th ASEAN-China Expo. Senior officials accompanying the prime minister included Commerce Minister Sun Chanthol, Governor of the National Bank of Cambodia Chea ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/15/c_133643051.htm

Cambodian PM heads for Bangladesh, 4 deals to be signed

Cambodian Prime Minister Hun Sen left here on Monday for a 3-day official visit to Bangladesh where the two countries are expected to ink four deals, a senior official said. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/16/c_133409920.htm

Cambodian parliament ratifies protocol on Cambodia-Vietnam investment agreement

The National Assembly of Cambodia on Thursday ratified a protocol on the investment promotion and protection agreement between the governments of Cambodia and Vietnam. All 64 lawmakers of the ruling party, who were present at the parliamentary session, unanimously approved the protocol as the opposition party’s ...

Global Times News Staff
http://www.globaltimes.cn/content/852568.shtml#.Uz4WwfmSxqU

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