Business News


Cambodian Private Sector Encouraged to Attend International Expo in Malaysia

AKP Phnom Penh, August 14, 2018 — The Ministry of Commerce has recently encouraged all local traders and businessmen to attend an international expo in Kuala Lumpur, Malaysia.

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Government Licences Four More Private Companies

AKP Phnom Penh, August 13, 2018 — Royal Government of Cambodia has granted licences to four more private investment companies to operate in Cambodia. The update has been shared recently by the Council for the Development of Cambodia (CDC)

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Over 350 Companies to Join Cambodia’s Biggest F&B and Hospitality Exhibition

AKP Phnom Penh, August 13, 2018 — Over 350 companies from many different countries are expected to showcase their products during Cambodia’s forthcoming biggest international food, beverage and hospitality exhibition – CAMFOOD’18 & CAMHOTEL’18.

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Housing Demand in Downtown Area Is about 50,000 Units a Year

AKP Phnom Penh, August 13, 2018 — Housing demand especially in downtown areas of Cambodia is estimated to be some 800,000 units between 2015 and 2030, or 50,000 units a year on average.

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French Ambassador Notices Cambodia’s Development in All Sectors

AKP Phnom Penh, August 08, 2018 — Cambodia has developed in all domains, including the sports sector, said recently H.E. Ms. Eva Nguyen Binh, Ambassador of France to Cambodia.

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Cambodian Bananas to Be on Chinese Market

AKP Phnom Penh, August 03, 3018 — Cambodia’s bananas will get a place in the Chinese market after a protocol on phytosanitary requirements was signed here yesterday between H.E. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries and Chinese Ambassador to Cambodia H.E. Xiong Bo.

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CDC Approves 106 Investment Projects in First Semester

AKP Phnom Penh, August 03, 2018 — The Council for the Development of Cambodia (CDC) approved 106 investment projects in the first six months of this year, up 19 projects, compared with the figure in 2017

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Cambodia’s Exports Increased despite Election Season

AKP Phnom Penh, August 02, 2018 — Cambodia has maintained an average 10 percent increase of the country’s exports to international markets this year although it is the general election time

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Government Approved US$2 Billion Worth Construction Projects in First Semester

AKP Phnom Penh, July 31, 2018 — Ministry of Land Management, Urban Planning and Construction approved 1,643 construction projects – worth about US$2.1 billion – in the first six months of 2018.

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Cambodia, Thailand Working on QR Code Payment System

AKP Phnom Penh, July 26, 2018 — Cambodia and Thailand are working on QR Code payment system to strengthen the use of their respective national currencies in cross-border transactions.

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970 Investment Projects Approved in Past Five Years

AKP Phnom Penh, July 25, 2018 — In the last five years, the Council for the Development of Cambodia, has granted licences to local and foreign companies to invest in 970 projects, according to the brief report on the Royal Government of Cambodia’s major achievements between 2013 and 2017.

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Improved Compound of Phnom Penh Autonomous Port Expected

AKP Phnom Penh, July 25, 2018 — A part of Phnom Penh Autonomous Port (PPAP) compound – located along the capital’s riverside from Chroy Changvar Bridge to Night Market – will soon be developed into a multi-purposed commercial centre.

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Loan Portfolios and Deposits of Cambodia Banks Reaches US$31 Billion

AKP Phnom Penh, July 24, 2018 — Loan portfolios and deposits of banks in Cambodia have been valued at US$31 billion by July 2018, according to the National Bank of Cambodia (NBC).

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The Olympia Mall To Open Later This Year

AKP Phnom Penh, July 24, 2018 — The Olympia Mall, another giant mall in Phnom Penh, is going to open for the public by the end of this year, according to its Facebook page. Located in Sangkat Veal Vong, Khan 7 January, next to the National Olympic Stadium, the seven-floor Olympia Mall consists of stores […]

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Cambodia Has Over 400 Banking and Financial Institutions

AKP Phnom Penh, July 23, 2018 — As of first semester of 2018, Cambodia has a total of 433 banking and financial institutions, according to the National Bank of Cambodia (NBC).

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Kampot Province To Have Market for Its Local Products Soon

AKP Phnom Penh, July 18, 2018 — Kampot provincial authorities are planning to create a market for their provincial products shortly in order to avoid fake products

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Expert Foresees Growth in Real Estate after General Elections

AKP Phnom Penh, July 17, 2018 — A real estate expert foresees significant rise in the sector after the scheduled July 29 National Election. Chairman and Chief Executive Officer of the Century 21 Imperial Realty Co., Ltd. Mr. Ken Lo

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Shanghai Interested in Investment in Coal-Fired Power Plant and Satellite System in Cambodia

AKP Phnom Penh, July 16, 2018 — Shanghai businessmen has paid a visit to Cambodia recently and expressed their interest in investing in coal-fired power plant and satellite system in Cambodia.

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Cambodia Exports over 270,000 Tons of Milled Rice in 1st Semester

AKP Phnom Penh, July 16, 2018 — For the first semester of this year, Cambodia exported in total 271,537 tons of milled rice to international markets, down 5.9 percent from 288,562 tons during the same period last year.

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Insurance Sector Generates Nearly US$47 Million in Q1

AKP Phnom Penh, July 12, 2018– For the first trimester of 2018, Cambodia’s premium income from insurance sector has reached US$46.8 million, up nearly 30 percent from US$36.2 million during the same period last year.

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Government Licences Four More Private Companies

AKP Phnom Penh, July 11, 2018 — Royal Government of Cambodia has granted licences to four more private companies to operate in Cambodia. The update was shared yesterday by the Council for the Development of Cambodia (CDC)

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Cambodia-Thailand Trade Exchange Increases 22% in First Five Months

AKP Phnom Penh, July 11, 2018 — During the first five months of this year, the two-way trade between Cambodia and Thailand rose about 22 percent to about US$2.3 billion, compared with the same period last year.

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Phnom Penh Expects Another Entertainment Centre

AKP Phnom Penh, July 10, 2018 — BW Arena, an entertainment centre invested by Worldbridge Group at a total cost of US$10 million, is expected to be ready by November 2018

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