Five-Star Hotel To Emerge in Koh Thom of Kandal Province
AKP Phnom Penh, December 28, 2018 -- Investment worth US$94.5 million has been approved by the government to build a five-star hotel in Kandal province of Cambodia, according to local media report. The investment project, added the source, was approved recently by the Council for the Development of Cambodia (CDC). Located in Chrey Th...
Cambodia’s Trade Volume with Foreign Countries Up 5% in 2018
AKP Phnom Penh, December 26, 2018 -- Trade volume of Cambodia with foreign countries this year reached US$24,985 million, up about 5 percent from US$23,796 million in 2017. The figures were shared by Ministry of Commerce (MOC) in its two-day annual meeting which was wrapped up here yesterday under the presidency of Deputy Prime Minister and M...
80 Microfinances Operating Across Cambodia
AKP Phnom Penh, December 26, 2018 -- Cambodia has currently a total of 80 microfinance institutions operating throughout the country, according to local media report. The source cited Mr. Rath Sovannorak, Director General of National Banking Supervision sharing so when presiding over the opening ceremony of a new building of a leading microfi...
Government Approves 10 New Investment Projects
AKP Phnom Penh, December 25, 2018 -- Council for the Development of Cambodia (CDC) has licenced ten new investment project worth almost US$300 million, according to local media report. Phnom Penh capital alone hosts four of the newly approved projects including, beverages, light bulb, and plastic material manufacturers. O...
Over 43,000 Construction Projects Approved in Nearly 20 Years
AKP Phnom Penh, December 24, 2018 -- From 2000 to November 2018, Cambodia’s Ministry of Land Management, Urban Planning and Construction has approved 43,136 construction projects on a total land area of 114,297,621 square metres. The estimated investment capital of the above-said construction project is more than US$43,370 million...
Visa QR Payments Launched
AKP Phnom Penh, December 22, 2018 -- Visa Inc. in cooperation with the National Bank of Cambodia (NBC) and other private banks launched Visa QR payments at Sofitel Phnom Penh Phokeethra on Dec. 20. Mr. Heng Bo Makara from the NBC said QR payments is a key financial infrastructure in contribution to the economic development to catch up with t...
Phnom Penh’s Chamkar Mon at Top with Residential Apartment Construction
AKP Phnom Penh, December 21, 2018 -- Phnom Penh’s Chamkar Mon district has been assessed as Cambodia’s leading area in terms of construction development, according to local media report. The source used the recent assessment by Vtrust Appraisal Cambodia – an independent and professional agency providing property and asset va...
18 Foreign Countries Investing in Cambodia’s Construction Industry
AKP Phnom Penh, December 18, 2018 -- In construction sector alone, 18 foreign countries and regions are investing in Cambodia, according to a press release circulated recently by the Ministry of Land Management, Urban Planning and Construction. Those countries and regions, added the statement, are China, Korea, Japan, Thailand, Singapore, Tai...
Lucrative Bird’s Nest Product Aiming to Boost Exports
AKP Phnom Penh, December 13, 2018 – Being lucrative domestically, Cambodia Bird's Nest Federation is urging the government to further help support the exports of the health products, according to local media report. The federation’s secretary general Mr. Meav Soktry shared the urge with the source, adding that Cambodian...
Famous Local Brand Fish Sauce to Go to International Markets
AKP Phnom Penh, December 13, 2018 -- Kampot fish sauce, a widely known local brand, is ready to go for international markets, according to local media report. As quoted in the source, Mr. Chan Sitha, owner of Kampot fish sauce enterprise expressed his confidence in his product quality even at the international markets. Wi...
Kaavan Elephant Lands in Cambodia
Cambodian PM to Attend UNGASS-31 on...
Kaavan Arrives in Cambodia
Svay Rieng Provincial Council Holds...
Government Announces 1 Billion Riel...