Logo of Phnom Penh Post newspaper Phnom Penh Post - Business

Local players represent 51% of key Jan-Sep investments

Publication date 06 October 2022 | 20:26 | ICT

Cambodian investors accounted for more than half of the nearly $3.5-billion value of the projects approved by the Council for the Development of Cambodia (CDC) in the first nine months of this year.

Latest

[name_1]

  • Kingdom striving for post-Covid growth: PM

    The government has stuck to its guns through the thick and thin of Covid-19, pushing to turn crisis into opportunity for economic growth, by spurring sweeping reforms, improving the business environment and strengthening competitive

  • What next for price of oil after OPEC+ meeting?

    The price of crude oil had dropped almost 40 per cent, lingering in a bearish trend since June with investor concern over supply and demand, as well as fears over a global economic slowdown, aggressive US interest rate hikes and Chi

  • Cambodia’s $3M maiden green bond gets CSX nod

    Golden Tree Co Ltd has been given the in-principle nod by the Cambodia Securities Exchange (CSX) to issue an approximately $3 million “green bond”, which observers note is on track to become the Kingdom’s first, turning a page on a

  • Electric gear, linked exports record shocking 64% jump

    Cambodia exported $1.090 billion worth of electrical machinery and equipment and related products in the first eight months of 2022, up 64.18 per cent from the $663.585 million recorded over the same time in 2021, according to Custo

  • Green economy a focus at ASEAN environmental meetings

    Tin Ponlok, secretary of state at the Ministry of Environment said ASEAN member states are developing sustainable socio-economic development strategies in the wake of the Covid-19 pandemic to resist external threats such as epidemic diseases, climate change and geopolitical issues.

  • $20M collected as deadline looms for right-hand-drive tax payments

    The General Department of Customs and Excise of Cambodia (GDCE) has collected $19.73 million in levies on previously-untaxed right-hand-drive (RHD) vehicles in the 90 days to October 4, in Phase II of its campaign to get owners of such vehicles to comply with their tax obligations by the October 8

  • Canadian firm granted oil, gas exploration, production licence

    The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-Som Basin

  • Farmers with high quality produce finding it difficult to match demand

    Diverging sharply from the typical complaints heard from Cambodia’s farmers about finding buyers for their crops, one small market for domestic agricultural produce is struggling to meet demand because area farmers are selling so much of their produce to traders and brokers and too little is left

  • Cambodia chairing UNCTAD in Geneva

    Cambodia is chairing a working group at the 84th Session of the UN Conference on Trade and Development (UNCTAD).

  • Travel boom seen after Covid easing

    With Covid-related documents no longer needed to be presented for entry into Cambodia, tourism industry insiders are gearing up for an uptick in international and domestic tourism.