The three main Asian economic powers, China, Japan and Korea, were the largest investors in Cambodia
South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). More…
7-Eleven will be entering the Cambodia market by 2015
Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday. More…
These are the priority factors to build confidence among both local and foreign investors
The construction sector in Cambodia attracted the investment projects of about US$2.1-B last year, a 72% rise compared with some US$1.2-B in Y 2011, according to a report from the Ministry of Land Management, Urban Planning and Construction Friday. More…
Reposted from The Phnom Penh Post
Nearly one year after the Cambodia Securities Exchange (CSX) began operating, construction on its new headquarters commenced yesterday, a move that officials say will promote confidence among investors.
CSX President Keat Chhon, also deputy prime minister and minister of Economy and Finance, said the construction is scheduled to finish in early 2014 and represents an investment of about $4 million. More…
Reposted from The Phnom Penh Post
China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say.
Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of China’s economic shift.
“China’s rebalancing can boost demand of Cambodian exports of not only commodities but also labour-intensive manufacturing, in part supported by rising wages in China,” Ahmed said. More…
Weekend Links
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Reposted from The Global Times
Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution.
The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Pan Guangxue and was attended by 15,000 participants, including senior government officials, diplomats, residents and students. More…
Chinese investment totaled more than $250 million in the 11-month period
Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said on Thursday in Phnom Penh. More…
Reposted from The Phnom Penh Post
The exports of garments and textiles from Southeast Asian nation of Cambodia grew to US$ 4.61 billion, up nine percent over total textiles and garment exports worth US$ 4.24 billion made in 2011, according to The Phnom Penh Post report.
However, the rise in garment and textile exports is lower than the 10.2 percent year-on-year increase in Cambodia’s overall exports achieved in 2012. More…
Chinese investment is coming in natural resources, rubber and tourism
PHNOM PENH – China has become Cambodia’s biggest investor, putting some $8.8 billion into the country over nearly two decades, according to online data from the government’s lead investment agency. More…
