Investment

Acleda IPO Sets Sights for Korean Investors

Acleda IPO Sets Sights for Korean Investors

Thong Sotha​​   On February 17, 2020 - 11:06 am​   In Investment   0  

The Korea Association of Finance Companies in Cambodia will hold a seminar on Acleda Bank’s upcoming Initial Public Offering (IPO) for Korean Investors on Wednesday, Feb 19, at 4 pm at Acleda Bank headquarters in Phnom Penh.

Malaysian Company to Invest in Bamboo Sector

Malaysian Company to Invest in Bamboo Sector

Thong Sotha​​   On February 9, 2020 - 11:11 am​   In Investment   0  

Lipp Engineering Sdn Bhd, a Malaysia-based company, has announced plans to build a bamboo processing plant in Cambodia to ship bio-oil and bamboo fibre abroad.

Two Coal-Fired Power Plant Development Projects Approved

Two Coal-Fired Power Plant Development Projects Approved

Thong Sotha​​   On February 8, 2020 - 4:48 pm​   In Investment   0  

A 700MW coal-fired power plant, a joint venture between Royal Group and Sinosteel Equipment and Engineering Co., Ltd., located in Botum Sakor district, Koh Kong province has been approved by the cabinet today. It is planned to generate power in 2024.

National Entrepreneurship Award to Promote Business

National Entrepreneurship Award to Promote Business

Thong Sotha​​   On February 5, 2020 - 9:45 am​   In Investment   0  

The government will hold its first National Entrepreneurship Award in June to promote entrepreneurship and innovation among young entrepreneurs, small and medium sized enterprises (SMEs) and tech-startups across 25 provinces and the capital.

CDC Approves 7 Projects in January

CDC Approves 7 Projects in January

Thong Sotha​​   On February 4, 2020 - 10:43 am​   In Investment   0  

The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million.

Kingdom Exports to Japan Up 7.7%

Kingdom Exports to Japan Up 7.7%

Thong Sotha​​   On February 3, 2020 - 9:04 am​   In Investment   0  

Cambodia exported more than $1.7 billion worth of products to the Japanese market last year – up 7.7 per cent from 2018 – data from the Japan External Trade Organisation (Jetro) shows.

Thai Firm to Build Plant in Cambodia

Thai Firm to Build Plant in Cambodia

Thong Sotha​​   On February 1, 2020 - 8:28 pm​   In Investment   0  

To cash in on the high demand in Cambodia Thai-based Precise Electric Manufacturing Co Ltd is planning to build an electric equipment plant in Pursat province.

CP Mulls Growing Coffee in Cambodia

CP Mulls Growing Coffee in Cambodia

Thong Sotha​​   On January 27, 2020 - 11:47 am​   In Investment   0  

Bangkok-based Charoen Pokphand Group Co Ltd (CP) has expressed interest in growing coffee in Cambodia to meet the Thai market’s growing demand.

Cambodia Pilots Digital Currency

Cambodia Pilots Digital Currency

Thong Sotha​​   On January 27, 2020 - 11:38 am​   In Investment   0  

The National Bank of Cambodia (NBC) was among the first central banks to pilot a quasi-form of national payments system called the Central Bank Digital Currency (CBDC), the World Economic Forum (WEF) said at its