Many businesses still plan to expand investment, but in a more cautious way.
Although the country’s current economic malaise is expected to continue in 2013, many businesses say they will still expand investment, but in a more cautious way. Investors register for a business license at the Department of Planning and Investment in Ho Chi Min. More…
“The rise is due to a sharp growth in domestic demand”
Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. More…
Reposted from, Haveeru Online
by Ahmed Naif
Investor confidence in Maldives has not been undermined and remains on the radar of major foreign investors, Tourism Minister Ahmed Adeeb said Monday.
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Dr. Patric Dixon has forecast that Vietnam would serve as the new industrial factory in the near future.
Le Phuoc Vu, President and CEO of Hoa Sen Group, agrees with the expert, saying that Vietnam has all favorable conditions to become the factory of the world, especially in some fundamental industries and high technology sectors. Vu said the theory about the “flying geese paradigm” shows that it is now the time for Vietnam to receive the technology transfer from the “leading geese” to develop its production. More…
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…
“We anticipate that there will be more than 700 new factories in 2015 that will employ more than 100,000 people”
The garment industry has been growing rapidly in the past two years on increased orders from Japan and South Korea, a spokesperson for the key industry body said last week. More…
3 projects involving Chinese companies in Cambodia totaling $11.2 Billion
PHNOM PENH — Two Chinese companies have reached a deal to build a 400-kilometer rail line, a steel plant and a seaport in Cambodia, worth a combined $11.2 billion, in what would be by far the impoverished country’s biggest-ever investments. More…
“You just need to do your research, build good local teams and make the right deals” – Doug Clayton
PHNOM PENH, Cambodia — Investors started poking around for deals here five years ago, as the war-torn country began to move past its legacy of genocide and coups. When the global financial crisis struck, Cambodia’s fast-growing economy crashed and the dollars flowing from abroad evaporated. More…
High demands due to good economic performance, increased foreign investors, and more newly-opened companies
PHNOM PENH, Dec. 24 — Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. More…
