The economy, investment, trade and the companies building Cambodia. · 906 stories
Prime Minister Hun Manet has issued a call to action for Australian enterprises to explore investment possibilities in Cambodia, highlighting the nation’s dynamic trade and investment climate. During his keynote at the Cambodia-Australia Business Forum in Melbourne, attended by 350 investors and co-hosted by the Cambodia Chamber of Commerce and the Victorian Chamber of Commerce…
The Cambodia Chamber of Commerce (CCC) and the Victorian Chamber of Commerce and Industry (VCCI) have formalized a partnership through a Memorandum of Understanding (MoU) aimed at enhancing trade, investment, and economic ties between Cambodia and the state of Victoria in Australia. This landmark agreement was signed in Melbourne, Australia, in the presence of Cambodian…
The Royal Government of Cambodia has allocated nearly $3.85 billion to spur economic growth in the country’s northeastern regions, aiming to facilitate economic integration with the adjacent development triangle formed by Cambodia, Laos, and Vietnam. This financial commitment supports the construction of essential infrastructure, industrial zones, and commercial hubs. During a recent press briefing, Penn…
Prime Minister Hun Manet recently engaged with several prominent Australian business leaders, demonstrating a keen interest in forging trade partnerships and exploring investment avenues in Cambodia. This interaction occurred during his visit to Australia, coinciding with the ASEAN-Australia Special Summit in Melbourne. Among the dignitaries, Daniel Phillips, President of Aegros and Freshstart Logistics, part of…
The Securities Investors Association of Cambodia (SIAC) has been officially inaugurated with the aim of attracting more investors and advancing human resource capabilities within the Cambodian securities sector, which is witnessing a steady growth in the number of entities opting to list. During the launch event, SIAC President Yoeung Virboth shared that the newly formed…
The Council for the Development of Cambodia (CDC) is set to sanction two significant investment initiatives in Sihanoukville province, with a combined value nearing $600 million. This development follows a recent meeting between the CDC and the Preah Sihanouk Provincial Administration, where the evaluation of these two private investment proposals took place. The first initiative,…
In a significant move towards modernizing its investment registration process, the Council for the Development of Cambodia (CDC) is set to introduce an online system for registering qualified investment projects (QIP). This initiative aims to simplify the registration process, making it more accessible and efficient for investors. The CDC’s decision to launch QIP Online aligns…
In October 2022, Jakarta hosted a pivotal seminar titled ‘Cambodia: An Overlooked Destination for Business and Investment,’ a collaborative effort between Aquarii BD Cambodia and the Indonesia Chamber of Commerce in Cambodia (IndoCham). The event aimed to strengthen business ties, debunk myths, and refresh outdated views about Cambodia’s business environment. Drawing over 120 Indonesian entities…
In a recent statement, Cambodia’s Prime Minister, Dr. Hun Manet, emphasized the country’s openness to investments from all around the globe, refuting claims of exclusivity towards Chinese investments. This declaration was made during a gathering with the Cambodian diaspora in Australia and New Zealand on March 3, 2024, where Dr. Hun Manet and the First…
Dr. Chea Serey, the head of the National Bank of Cambodia (NBC), recently held a meeting with the US-ASEAN Business Council (US-ABC), focusing on collaborative business initiatives and the investment landscape for prominent American corporations. The assembly saw participation from high-level executives of major companies, including VISA, Mastercard, and Ford. The dialogue centered around the…
On February 28, 2024, Cambodian Prime Minister Hun Manet engaged in discussions with representatives from 17 US-based companies, showing a collective interest in augmenting investments within Cambodia. The dialogue was facilitated by a courtesy visit from Brian D. McFeeters, the Senior Vice President and Regional Managing Director of the US-ASEAN Business Council. During the meeting,…
The Ministry of Commerce has announced its participation in the upcoming Cambodia Trade Fair, a key component of “The 8th Cambodia Festival 2024,” scheduled for May 3-4, 2024, at Yoyogi Park in Tokyo, Japan. This involvement underscores the ministry’s commitment to fostering international trade relationships and showcasing Cambodian products and services on a global stage.…
The Royal Railway of Cambodia (RRC) is gearing up for a significant investment to revitalize the northern railroad line, which is presently inactive. This initiative was unveiled during a presentation by the RRC’s CEO, John Guir, to key officials from the Ministry of Public Works and Transport on Tuesday. Operating under the umbrella of the…
