Cambodia-China FTA to boost bilateral trade, investment ties
FTA between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries
Category: Business
Construction sector creates hundred thousands of jobs
The Kingdom’ construction sector has created more than 170,000 jobs in average per day across the country in the first half this year
Almost 750,000 domestic tourism registered in July
A total of 740,028 domestic tourists travelled throughout Cambodia in July 2020, an increase by 15.2 percent compared to June.
Cambodia-U.S. trade reaches $2.8 billion in first half
Cambodia-U.S. bilateral trade was valued at $2.89 billion in the first half of this year, up 15.8 percent compared to the same period last year.
AMRO lowers further Cambodia’s economic growth
As COVID-19 pandemic has been spreading over the world, the ASEAN+3 Macroeconomic Research Office (AMRO) has lowered Cambodia’s economic growth.
Ministry demands faster work on new goods transit terminal
Construction of a goods transit terminal is urged to facilitate Thai cross-border trade.
Cash payments: Tablets good for data entry but subjectivity still a concern
A UNDP visit to Siem Reap to oversee the use of 1,700 tablets donated to the “IDPoor”.
New startup aims to bring local women’s products to the world
A private online startup aims to bring local women’s products to the world.
Kingdom prioritises food exports
Agriculture Ministry starts listing the prioritised and potential agriculture products for export to China.
ANNOUNCEMENT ON THE RESULT OF THE PUBLIC SUBSCRIPTION OF THE INITIAL PUBLIC OFFERING OF PESTECH (CAMBODIA) PLC.
Sub. of IPO PESTECH concludes.
Credit help ready by October or November
Gov’t to make the Credit Guarantee Scheme operational by October or November.
Market Watch
Asian markets mostly rose building on a two-day rally, with nervous investors keeping an eye on stimulus talks in Washington.
UK Ambassador says economics and technology will drive renewable energy
Cambodia is expected to source 77% of its electricity from coal and gas by 2030.
Kampot province to accelerate new Beach development to lure tourists
A new beach development project in Teuk Chhou district, Kampot province, has been proposed by a private company to attract more tourists to visit the coastal province, some 150 kilometres southwest of Phnom Penh capital.
Cambodia-India trade on the rise
Bilateral trade between Cambodia and India are on a significant rise while the two countries are moving forward to the free trade agreement (FTA) talks which will contribute to further boosting the two-way trade.
Tourism ‘may take 7 years to recover’
In the context of the pandemic, Cambodia’s tourism sector in 2020 is projected to have three scenarios.
Cashless payments receive a boost
A Cambodia-based company has boosted cashless payments with a final round of funding.
Requests for loan restructuring falling
MFIs have approved more than $1.223 billion for loan restructuring.
Regional airlines announce new Chinese travel measures
Airlines operate in Thailand require travellers to/from China to test negative of C-19.
Swedish GDP drops 8.6% despite no lockdowns
The downturn represents the largest drop in at least 40 years.
Living in a material world
The Khmer Silk Centre has succeeded in its researching of an artificial diet for silkworm.
ADB country director outlines her assistance for medium and small firms
ADB’s Cambodia director to work with MSMEs to gain access to recent $250 M loan.
Market Watch
Indonesia records first economic contraction in the 21st century, with warnings that its recovery could be among the weakest.
Pandemic driving auto business downhill
Automobile sales have dramatically fallen since March.
$55 million Water Park to start operating soon
Garden City Water Park located in Prek Tasek commune, Chroy Changvar district, about 15 kilometres north of Phnom Penh, is scheduled to open on Aug 17, becoming the biggest and international standard water park in Cambodia.
Visitor numbers to Kingdom collapse
For the first six months of the year, the number of foreign arrivals to the Kingdom dropped by around 65 percent.
Chance for small, medium and startup firms to receive funds
Khmer Enterprise is calling for applications for the KE Assistance Package second round.
Methods to cut costs of locally produced animal feed discussed
Gov’t is seeking input over the feasibility of more locally produced animal feed.
‘Adaptive reuse’ could provide answer to city heritage debate
The long-running development versus heritage debate has again been highlighted.
Hopes silver screens can be lit up again soon
Officials inspect cinemas around Phnom Penh to check the safety measures put in place.
