Business News

Two New Investment Projects Approved by CDC

AKP Phnom Penh, May 28, 2021 -- The Council for the Development of Cambodia (CDC) has issued investment certificates to Fu Bi Xing (Cambodia) Packaging Co., Ltd, and Sheng He Leisure Bag (Cambodia) Co., Ltd, to invest in the production of plastic bags and travel goods. The two new projects, with a total investment capital of US$5...

Some 4.1 Million Tonnes of Agricultural Products Exported in First Five Months

AKP Phnom Penh, May 25, 2021 -- Cambodia exported some 4.1 million tons of agricultural products in the first five months of this year, a 1.1 million increase over the same period last year. The figures were shared this morning by H.E. Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries, adding that the country exported 1.6 million...

A New Garment Factory Project in Phnom Penh Capital Approved

AKP Phnom Penh, May 24, 2021 -- A US$4.5 million garment factory will be built in Khan Sen Sok, Phnom Penh capital, creating 1,929 jobs for the locals. The information was shared in a press release of the Council for the Development of Cambodia (CDC) last weekend following its approval of the investment project. The garment factory i...

Cambodia's Insurance Industry on Positive Trend in 2020 amid COVID-19

AKP Phnom Penh, May 14, 2021 -- The insurance market in Cambodia remains on positive trend in 2020 despite the COVID-19 crisis. Total insurance premiums in 2020 increased by 7.3 percent compared to 2019, from US$253 million to US$271.5 million, pointed out a report on the insurance market situation in Cambodia in 2020 of the Insurance Associa...

CDC Gives Green Light to Two More Investment Projects

AKP Phnom Penh, May 07, 2021 -- Two new private companies – Green Power Biochemical Co., Ltd., and Contender Composite Co., Ltd. – were licensed for operation by the Council for the Development of Cambodia (CDC). According to a CDC’s press release issued this afternoon, the former will invest US$2.3 million in biochemical p...

Cambodia’s Export to Vietnam Up 443% in First Three Months

AKP Phnom Penh, May 07, 2021 -- Cambodia exported US$1.47 billion worth of products to its neighbouring country –Vietnam in the first quarter of 2021, a dramatic increase of 443 percent compared to the same period last year. The two-way trade rose by over 103 percent to US$2.69 billion, Vietnam News Agency (VNA) quoted the figures from...

Cambodia Officially Exports Fresh Mangoes to China Today

AKP Phnom Penh, May 07, 2021 -- Cambodia today exported fresh mangoes to China directly after negotiating and preparing the sanitary and phytosanitary standards required by the Chinese side. The official launching ceremony of fresh mango export was held in Samrong Teav village, Sangkat Kraing Thnong, Khan Sen Sok, Phnom Penh under the preside...

Cambodia Exports US$1.8 Billion worth of Products to U.S. in Q1

AKP Phnom Penh, May 05, 2021 -- Cambodia’s exports to the U.S. were valued at US$1,862 million in the first quarter of 2021, up 16.8 percent compared to the same period a year earlier, reflecting a strong export amid the COVID-19 pandemic. Figures from the U.S. Census Bureau show that the bilateral trade between Cambodia and the U.S. reached...

Six New Investment Projects Approved by CDC

AKP Phnom Penh, May 05, 2021 -- The Council for the Development of Cambodia (CDC) has approved six new investment projects with a total capital of nearly US$106.3 million. According to a CDC’s press release issued this morning, the newly-approved projects cover the creation of food processing factory; laundry, dyeing and printing...

Nearly 3 Million Tonnes of Agricultural Crops Exported during First Four Months

AKP Phnom Penh, May 01, 2021 -- Cambodia exported some 2,817,485 tonnes of agricultural crops, besides milled rice, to foreign markets in the first four months of this year, up 64.45 percent compared to the same period in 2020, despite the global COVID-19 crisis. Figures from the Ministry of Agriculture, Forestry, and Fisheries show that during...

‹
1
2
...
47
48
49
50
51
52
53
...
56
57
›