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In a significant financial move, the Royal Government of Cambodia successfully secured $58.26 million through the sale of government bonds in 2023. This initiative forms part of the country’s broader strategy to enhance its economic infrastructure and support public investment initiatives. With regulations allowing for a maximum bond issuance of up to $200 million, the…
On a recent Friday, the Cambodia Young Entrepreneurs Association for Development (CYEAD) engaged in meaningful discussions with high-ranking officials from the Council for the Development of Cambodia (CDC) in Phnom Penh, focusing on new avenues for investment. The meeting saw Chea Vuthy, the Secretary General of the Cambodia Investment Committee within the CDC, in talks…
The Cambodia Tech Catalyst event, supported by Google and held in Phnom Penh, recently shone a spotlight on female entrepreneurs in the technology and investment sectors. The event, themed ‘Kingdom of Possibilities,’ showcased local start-ups, incubators, venture capital firms, founders, and investors through panel discussions that explored the hurdles encountered by start-up businesses in Cambodia.…
The British Embassy in Phnom Penh is set to enhance Cambodia’s visibility in the UK through a series of strategic initiatives aimed at fostering increased investment and strengthening trade relations between the two nations. During a ‘Breakfast Talk’ hosted by the British Chamber of Commerce in Cambodia, British Ambassador Dominic Williams detailed the embassy’s plan…
In a recent move aimed at bolstering the economic landscape of the ASEAN bloc, the Secretary General of ASEAN, Kao Kim Hourn, has unveiled plans to widen trade avenues and draw in greater investment flows into the region. This strategic vision was discussed during a visit to the Deputy Prime Minister and First Vice President…
The Cambodia Oknha Association (COA) and the Embassy of India in Cambodia have recently engaged in productive discussions aimed at bolstering trade and investment links between the two nations. These deliberations took place at the Indian Embassy in Phnom Penh, with COA Secretary General Hun Lak and Indian Ambassador Devyani Khobragade leading the discussions. The…
The Cambodia Securities Exchange (CSX) and its listed entities recently convened a seminar aimed at bolstering public understanding and confidence in the nation’s capital markets. The event, named ‘Earnings Forum 2024’, was held at the CSX venue and featured presentations from six prominent listed companies, including the Phnom Penh Water Supply Authority, Phnom Penh Autonomous…
Despite a growing interest from European businesses, Cambodia observes a relatively modest number of European investment projects within its borders, as noted by Sun Chanthol, the Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. During discussions with Peteris Ustubs, the European Union’s Director for Middle East Asia and…
In the initial months of 2024, Cambodia has witnessed a substantial influx of investments, with approved fixed-asset investment projects amounting to $1.39 billion. This figure represents an approximate fivefold increase from the corresponding timeframe in the previous year, as reported by the Council for the Development of Cambodia (CDC). Chinese investments constituted a significant portion…
On March 5, 2024, Cham Nimul, Cambodia’s Minister of Commerce, engaged in pivotal discussions with Senator Hon Tim Ayres, Australia’s Assistant Minister for Trade and Manufacturing, aiming to deepen the friendship and economic ties between Cambodia and Australia. This significant meeting occurred in the context of Prime Minister Hun Manet’s participation in the ASEAN-Australia Special…
The Council for the Development of Cambodia (CDC) announced its intention to enhance investment ties with Australia, focusing on attracting Australian investors and increasing exports of semi-finished and processed products to the region. During a statement released on Wednesday, the CDC highlighted the participation of Soun Sophal, Deputy Secretary-General of the Cambodia Investment Committee (CIC),…
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…
