Investment and Funding
Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024
Cambodia’s Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation’s burgeoning interest in the stock market, according to the Cambodia Investment Review update […]
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Cambodia’s Water & Sanitation Transformation: World Bank-Funded Project Reaches 36% Completion
In a significant step towards enhancing water supply and sanitation across Cambodia, a project supported by a US$55 million loan from the World Bank has reached an impressive 36.36% completion as of October 2023. The remarkable progress was the focal point of the meeting held on 6 November 2023, chaired by HE Dr. Ros Vanna, […]
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Japanese Aid Breathes New Life into Angkor Wat’s West Porch – Officially Inaugurated
A vibrant moment of cultural preservation and international collaboration took center stage as the west porch of Angkor Wat, a priceless cultural treasure, was officially inaugurated. This triumph comes as a result of a steadfast partnership, with the Government of Japan providing over $100 million in crucial assistance to Cambodia, dedicated to the preservation of […]
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Major Chinese Firm Looking for SEZ to Infuse US$500 Million in Cambodia
In a significant development that marks a vote of confidence in Cambodia’s burgeoning economic landscape, a major Chinese company is set to funnel US$500 million into the kingdom while studying the location of two special economic zones for its production. The investment aims to fuel growth and prosperity in the region while also serving as […]
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Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024
The Cambodian Government is set to embark on a transformative journey by seeking international loans exceeding US$2.2 billion (IMF’s international reserving fund that can be converted into cash on demand). This dynamic endeavor, unveiled within the summary of the draft law on finance for management in 2024, is a testament to the nation’s unwavering commitment […]
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Chinese Cart Tire Firm Plans to Infuse Additional US$208 Million to Expand its Business in Svay Rieng
In a testament to Cambodia’s thriving business landscape, Cart Tire, a prominent tire manufacturer nestled within the Qilu Special Economic Zone, is primed to fuel its growth with an ambitious US$208 million investment. This strategic move, earmarked for the expansion of Cart Tire’s existing operations into phase III, reflects the company’s dedication to both its […]
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Gov’t to Issue US$180m in Securities to Manage State Securities
The Cambodian government is set to issue an additional US$180 million in securities in 2024. This announcement, disclosed in the summary of the 2024 Finance Management draft law by the Ministry of Economy and Finance, underscores Cambodia’s commitment to optimizing its financial resources. The newly issued state securities, amounting to 440 billion riels or US$108 […]
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Four Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets
A consortium of European giants, including Airbus, DHL, Roche, and Lidl & Kaufland, are setting their sights on Cambodia, keen to explore the prospects of expanding their production within the burgeoning Southeast Asian nation. This strategic move was unveiled during a pivotal working meeting, held on 24 October 2023, orchestrated by the EU-ASEAN Business Council […]
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ADB Commits to Boosting Investment in Cambodia’s Irrigation & Climate Resilience
The Asian Development Bank (ADB) has reaffirmed its commitment to expanding investment in Cambodia’s irrigation and climate resilience efforts. This vital commitment was solidified during a high-level meeting held on 26 October 2023, between Cambodia’s Minister of Water Resources and Meteorology, HE Thor Chetha, and Lok Chumteav Lyotsana Varma, Director General of the Asian Development […]
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Japan’s Generous Contribution Enhances Land Surveying and Registration in Cambodia
A significant leap forward in Cambodia’s land surveying and registration efforts is now underway, thanks to Japan’s substantial contribution of approximately US$9.7 million. The support comes as part of the project for the “Establishment of a Nationwide Continuously Operating Reference Station Network,” which aims to strengthen administrative services related to land registration. The exchange of […]
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