CDC Approves Another Investment Project Generating Nearly 1,000 Jobs
AKP Phnom Penh, August 28, 2020 -- Newtoshi Homewear Co., Ltd. has recently got the green light from the Council for the Development of Cambodia (CDC) to build a factory in Krakor district, Pursat province. The newly-approved project with a total investment capital of US$3.4 million covers the production of clothes, facemasks, gloves, a...
Five More Investment Projects worth Almost US$60 Million Licensed
AKP Phnom Penh, August 25, 2020 -- Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of US$58 million. According to the council's press release issued this morning, the newly approved projects are expected to create about 800 jobs for the locals. The five...
Cambodia-Thailand Bilateral Trade Reaches US$4.5 Billion in First Seven Months
AKP Phnom Penh, August 24, 2020 -- The two-way trade between Cambodia and Thailand was valued at US$4,555 million in the first seven months of this year, a 10.8 percent decrease compared to the same period last year. From January to July, Cambodia exported US$839 million worth of products to Thailand, a year-on-year decline of 21.13 per...
Cambodia-Japan Trade Valued at US$1.01 Billion in H1
AKP Phnom Penh, August 17, 2020 --The volume of bilateral trade between Cambodia and Japan was recorded at US$1.01 billion in the first half of this year, a year-on-year decrease of 3.7 percent. Figure from the Japan External Trade Organisation (JETRO), from January to June, Cambodia exported US$791.6 million worth of products to this northeast...
PESTECH Listed in Cambodia Stock Market
AKP Phnom Penh, August 12, 2020 -- PESTECH (Cambodia) Plc., a subsidiary of Malaysia-based PESTECH International Bhd, listed today its Initial Public Offering (IPO) on the Cambodia Securities Exchange (CSX), becoming the 13th securities-listed company in Cambodia. The official listing ceremony was held in the presence of H.E. Sou Socheat, Dir...
Over US$10-million Garment Factory to Open in Kampong Speu Province
AKP Phnom Penh, August 12, 2020 -- Forever Fug Garment Co., Ltd. will invest some US$10.3 million in building a garment factory in Thbong Ang village, Prey Nheat commune, Korng Pisey district, Kampong Speu province, according to a news release of the Council for the Development of Cambodia (CDC). The investment project has r...
Moody’s Sees Cambodia Benefiting as Trade Becomes More Regionally Focused
AKP Phnom Penh, August 11, 2020 -- Moody's Investors Service said Tuesday that Cambodia stood to benefit from the diversification of global supply chains — notwithstanding the partial withdrawal of EU trade privileges. “As the global trade system becomes more regionally focused, each major region – Asia, Europe and the U.S. – will likely have...
Cambodia-U.S. Trade Reaches US$2.8 billion in First Half
AKP Phnom Penh, August 06, 2020 -- Cambodia-U.S. bilateral trade was valued at US$2.89 billion in the first half of this year, up 15.8 percent compared to the same period last year. Figures from the U.S. Statistics Bureau showed that Cambodia exported US$2.75 billion worth of goods to the world’s largest economy, a 23 percent increase year-on...
Cambodia-India Trade on the Rise
AKP Phnom Penh, August 05, 2020 -- 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. Statistics from the Ministry of Commerce stated that the trade exchange volume between both nati...
Almost 3 Million Tonnes of Agricultural Products Exported during First Seven Months
AKP Phnom Penh, August 03, 2020 -- Cambodia exported a total of 2.689.685 tonnes of agricultural products to foreign markets during the first seven months of this year, despite the global COVID-19 crisis. Report from the Ministry of Agriculture, Forestry, and Fisheries shows that the exported agricultural products included rice,...
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...