Business and Market
Program to Offer a 10-year Visa to Foreign Investors Launched in Cambodia
Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Named, the “Cambodia – My Second Home” program, it has been exclusively launched by the Khmer Home Charity Association with full authorisation from the Ministry of Interior. The goal of the […]
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Century Entertainment Looking to Launch Cambodian Table Gaming Business in September
Hong Kong-listed Century Entertainment International Holdings Ltd says it hopes to launch operations of its gaming table business at a new casino in Dara Sakor, Cambodia, by late September following a series of setbacks. Announcing its financial results for the year ending 31 March 2022 – which saw revenue plummet 72.5% to HK$200,000 (US$25,500) but […]
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Northern Phnom Penh’s Swiss-designed Samraong Village launches mock-up units
Prek Pnov’s largest residential development project Samraong Village has officially launched its new mockup unit, the twin villa, giving more choices to buyers and potential key real estate players in the Northern region of Phnom Penh capital. Developed by renowned real estate developer Prince Huan Yu, Samraong village is dedicatedly designed by a Swiss architect, […]
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Walmart to Raise Orders of Cambodian Products
US retail company Walmart will increase orders of Cambodian garments and footwear products in the upcoming year and will also start buying other products, Anbinh Phan, Director of Global Government Affairs at Walmart, recently told HE Ith Samheng, Cambodian Minister of Labour and Vocational Training, in a virtual meeting. The two sides discussed the purchase […]
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OCIC Partners with Spectrum KH to Present Alta Moda – A Night of High Fashion Meeting Luxury Properties
The Overseas Cambodian Investment Corporation (OCIC) has partnered with Spectrum KH to bring together the country’s prominent fashion mavericks, Armada by Abello, The Privé, & Natacha Van to present Alta Moda– a night of glamour, fashion, and a showcase of the architectural developments for Cambodia by OCIC complementing the craftsmanship and artistry of three of […]
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Cambodian Private Commercial Center in Atsugi of Japan officially inaugurated
The Cambodian Private Commercial Center, which serves business affairs between Cambodia and Japan located in Atsugi, Kanagawa Prefecture of Japan, has been officially inaugurated on 18 June 2022. Ambassador Extraordinary and Plenipotentiary of the Kingdom of Cambodia to Japan, HE Tuy Ry said the establishment of this Cambodian Private Commercial Center is a new achievement […]
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US$18m Siem Reap Zoo Opening in October
The US$18 million Siem Reap Zoo is set to open in October 2022 officially. This is according to the inspection of the progress of the zoo by HE Veng Sakhon on 16 June. The company’s CEO, Roger Reynolds, said that the zoo was established to display the aquatic and wildlife species in the Kingdom of […]
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Star Vegas Resumes Operation in Poipet City
ASX-listed Donaco International Limited says it will recommence casino operations on 18 June, almost 14 months since closing its doors due to COVID-19. The reopening comes after the Cambodian government and local authorities lifted a temporary closure order on all casinos in Banteay Meanchey province, which includes Poipet on the border with Thailand. “We are […]
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Nestlé Switzerland Wants to Invest in Cambodia
Nestlé Switzerland has expressed its intention to seek more investment opportunities in Cambodia, especially in setting up a factory in Cambodia that sees significant uses for Nestlé products. At the invitation of Nestlé Switzerland, HE Pan Sorasak, Minister of Commerce, led a delegation from the Ministry of Commerce on 16 June to visit Nestlé Switzerland, […]
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Four New Auto Brands to Set Up Assembly Plants in Cambodia
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the […]
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