Cambodia’s Business Landscape: New Company Registrations Decline Amid Increased Eliminations
In a dynamic turn for Cambodia’s business environment, the Ministry of Commerce reported that in the first 11 months of 2024, the country registered 9,530 new companies. This marks a notable decrease of 17.17% compared to last year, highlighting a shift in the entrepreneurial climate as challenges persist. Among the new registrations, 4,725 were capital […]
France Grants USD 192.2 Million in Cambodia’s Water Infrastructure
The French government has committed USD 192.2 million to enhance Cambodia’s water infrastructure, focusing on the restoration of the Stung Svay Chek reservoir and the third phase of the Bak Kheng water treatment plant. The agreement was signed on December 18, 2024, by Cambodia’s Minister of Economy and Finance, Aun Pornmoniroth, along with representatives from […]
Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy
To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative, running from 2025 to 2028, aimed at revitalising the iconic UNESCO World Heritage site. The announcement was made on 13 December […]
Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future
Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]
Cambodia Faces Mounting Debt Challenges in the Real Estate Sector
The real estate sector in Cambodia is grappling with mounting financial concerns, as total housing debt nears USD 1 billion, according to insights shared during the recent roundtable discussion, The Debt Situation in Cambodia, organised by the Real Estate and Mortgage Regulatory Authority. Mr Chou Vannak, Director General of the authority, revealed that homebuyers owe […]