English 
ខ្មែរ Business and Market
Infrastructure Projects in Southeast Asia Named as Finalists in Bentley Systems’ 2022 Going Digital Awards in Infrastructure
- 13 November 2022
Winners to Be Selected and Announced on Nov. 15 as Part of Bentley’s Year in Infrastructure and Going Digital Awards Bentley Systems, Incorporated, the infrastructure engineering software company, has announced several projects from Southeast Asia, India, and Japan as finalists in Bentley’s 2022 Going Digital Awards in Infrastructure. The annual awards program honours the extraordinary work of ...
Read More
Royal Railways Officially Issues US$10 million Bond on CSX
- 31 October 2022
Royal Railway PLC, a provider of rail, train, passenger, warehouse, and customs services has listed bonds of a total of 41 billion riels (approximately US$10 million) on the Cambodia Securities Exchange (CSX). The official bond listing ceremony was held on 31 October 2022, in the presence of Okhna Kith Meng, President of Royal Group, and HE Hean Sahib, Secretary of State of the Ministry of Econ...
Read More
Cambodia, China Signs MOU to Export Edible-Nest Swiftlets to China
- 31 October 2022
The Cambodian Ministry of Commerce and the Cambodian Business Center in Xiamen, China, are working together to promote the export of Cambodian edible-nest swiftlets to China. Both parties are also planning to establish an edible-nest swiftlet processing plant in Cambodia as well. (Read more) HE Chhuon Dara, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Co...
Read More
Wealthy Foreigners Can Now Buy Land, Houses in Thailand
- 27 October 2022
The Thai government has agreed to allow foreigners to purchase houses and up to a rai of land if they can show an investment of at least 40 million baht. The directive will be in effect for five years after it has been published in the Royal Gazette, which should be soon, the government said. The proposal had been drawn up by the Interior Ministry in May with the aim of pulling in foreign in...
Read More
Toyota Urges Cambodia to Reduce Tariffs on Imported Hybrid Cars
- 13 October 2022
Toyota has urged the Cambodian government to reduce tariffs on imported hybrid vehicles to help Cambodia achieve its carbon neutrality target by 2050, according to a meeting between the Minister of Public Works and Transport HE Sun Chanthol and the representative of Toyota on 11 October. Mr Ryoji Fujita, CEO of Toyota (Cambodia), said his proposal aims at encouraging Cambodians to use more hybr...
Read More
Five Investment Projects Worth US$29.2m Approved for Svay Rieng, Takeo and PP
- 12 October 2022
The Council for the Development of Cambodia (CDC) has issued registration certificates for five investment projects with a total capital of US$29.2m to establish five factories in Svay Rieng, Takeo, and Phnom Penh. These private companies include: The first firm is "GORGEOUS LIGHTS CO., LTD", which will invest US$8.1m to establish a factory to produce lamps, lamps, and lamp accessories, loca...
Read More
Buy Now or Later? CBRE: Bigger Condo Units Gain More Favour from Investors
- 11 October 2022
As condo prices in Cambodia continue to drop, some investors are looking to deploy their capital in this sector, mainly on larger units. According to a recent CBRE report, larger units have gained favor with investors. With prices decreasing, investors have become more interested in larger unit types instead of studio and one-bedroom units. However, the most important question that keeps inv...
Read More
Global Investors Eye Investments in ASEAN to Diversify Risk; Cambodia to Gain Benefit
- 6 October 2022
Southeast Asia saw foreign direct investment surge by 42% in 2021, and that trend has continued this year, with some countries seeing record levels of FDI, according to the ASEAN Investment Report 2022. One of the reasons for the FDI surge is that a majority of investors are looking to spread their risk by diversifying their production bases. The Association of Southeast Asian Nations – ASEA...
Read More
Chip Mong Bank Opens New Branch at Chip Mong Mega Mall 271
- 5 October 2022
The new Chip Mong Bank's 271 Mega Mall branch was officially inaugurated on the morning of October 5, 2022, at the Chip Mong 271 Mega Mall. The inauguration of this new branch is part of our efforts to bring Chip Mong Bank's services and products closer to its customers at all times with the highest level of luxury, professionalism, and innovation. In 2022, Chip Mong Bank inaugurated and ope...
Read More
Chinese Gov’t Asks Top Banks to Provide Over US$84 billion to Rescue Real Estate Sector
- 4 October 2022
China's financial regulators have asked its six largest banks to provide 600 billion yuan (US$84.32 billion) of financial support in any form including mortgages, loans to developers, and purchases of their bonds, to help recover the real estate sector. Bloomberg News reported on 30 September that this is the latest scheme after a series of actions implemented by the Chinese government to help ...
Read More