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Business News

China Mulls Investment in Cambodia’s Coffee Production

AKP Phnom Penh, May 12, 2022 -- A Chinese company is interested in investing in Cambodia’s coffee processing for domestic supply and export. The interest was underlined by a delegation of Chinese investors in a meeting with H.E. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries in Phnom Penh on Tuesday. Noting Cambodia’s p...

Almost US$14 Million Investment Projects Approved by CDC

AKP Phnom Penh, May 11, 2022 -- The Council for the Development of Cambodia (CDC) has approved four new investment projects with a total capital of US$13.9 million. According to a CDC’s press release made public this morning, the approved investment projects belong to Glory Light (Cambodia) International Co., Ltd., in Phnom Penh capital...

Cambodia Exports Over 220,000 Tonnes of Milled Rice in Four Months

AKP Phnom Penh, May 11, 2022 -- Cambodia exported 221,138 tonnes of milled rice from January to April 2022, netting more than US$139.4 million. The update was shared recently by the Cambodia Rice Federation, stressing that the total milled rice export increased by 14.88 percent compared to the same period in 2021. Of the exported milled ri...

Five More Investment Projects Endorsed by CDC Early This Month

AKP Phnom Penh, May 06, 2022 -- The Council for the Development of Cambodia (CDC) has early this month approved five new investment projects with a total investment capital of almost US$140 million. According to a CDC’s press release issued yesterday, located in Phnom Penh capital and the provinces of Preah Sihanouk, Kandal, Takeo and Kampong...

Makro to Open Another Branch in Phnom Penh

AKP Phnom Penh, May 05, 2022 -- Makro (Cambodia) Company Limited will open a branch in Sangkat Bakheng, Khan Chroy Changvar, Phnom Penh. The company’s investment project was approved by the Council for the Development of Cambodia (CDC), according to the CDC’s news release made public this afternoon. With an investment capital o...

Cambodia’s Export to RCEP Member Countries Increases by 11% in First Quarter

AKP Phnom Penh, May 04, 2022 -- Cambodia’s exports to the member countries of Regional Comprehensive Economic Partnership (RCEP) totaled US$1,956 million in the first three months of this year, up 11 percent over the same period last year, according to the data from the Ministry of Commerce. For the January-March period, Cambodia's top...

Three New Investment Projects Approved by CDC

AKP Phnom Penh, April 30, 2022 -- The Council for the Development of Cambodia (CDC) has granted investment licences to three private companies with a total investment capital of US$18.8 million. According to a CDC’s press release issued yesterday, the three companies will invest in the creation of garment and bag factories. The new project...

Cambodian Exports to ASEAN Countries Up 12% in Q1

AKP Phnom Penh, April 29, 2022 -- The exports of Cambodia to ASEAN member countries totaled US$1,172 million in the first three months of this year, according to the Ministry of Commerce’s data showed Friday. From January to March this year, Cambodia’s top two export destinations were Vietnam and Thailand, the data said, adding tha...

Non-SEZ Investment Projects in Two Months Up 236% in Value

AKP Phnom Penh, April 22, 2022 -- Some 35 new investment projects were approved by the Council for the Development of Cambodia in the first two months of this year, an increase of 14 projects from the same period last year. The total capital of the non-special economic zone (SEZ) investment projects surged by 236 percent to US$2 billion, acco...

CDC Approves a New Garment Factory Project in Phnom Penh

AKP Phnom Penh, April 22, 2022 -- A US$8.6 million garment factory will be built in Sangkat Kakab 2, Khan Pursenchey, Phnom Penh capital, creating 487 jobs for the locals. The information was shared by the Council for the Development of Cambodia (CDC) in a press release made public yesterday following its approval of the investment proj...

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