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ខ្មែរ Business and Market
143 Cambodia Casinos Applied for Annual Licence: Regulator
- 15 July 2022
A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. “The law on commercial gambling management requires a minimum capital investment, plus the COVID-19, caused some of th...
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My Second Home Impel Cambodia to compete with Thailand
- 14 July 2022
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide bureaucratic details. For Cambodia My Second Home, th...
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Singapore Launching First Taxi Drone Service in Early 2024
- 13 July 2022
Singapore will use a modern and innovative way of transporting tourists to get new experiences and excitement with a 12-kilometre air drone that can fly up to two passengers. According to The Straits Time published on 12 July. This type of taxi drone was developed by the German company Volocopter and is expected to go public in Singapore in early or mid-2024. This taxi drone will initially b...
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Cambodia Imports US$185m of Iron & Steel in First Half of 2022
- 12 July 2022
Cambodia imported a total of US$185 million worth of iron and steel in the first quarter of the year, up 20% from the same period last year. According to the General Department of Customs and Excise, the volume of steel and steel imports contributed about 1.2% of the total import value of US$15,864 billion, an increase of 11.9%. Data from the Ministry of Land Management, Urban Planning and C...
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More than 200 companies participated in 12th business networking party organised by CCA
- 9 July 2022
Cambodia Constructors Association (CCA) with sponsors from three major companies, OCIC, TC and HTS to organize its 12th business networking with the participation of more than 200 business people. The event was held at Koh Pich in the City Hall on 8 July 2022, with the aim of providing an opportunity for all association members to meet and have a face-to-face meeting to establish a network to f...
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Cambodia Constructors Association Host the Election of Executive Committee Members for 5th Mandate
- 9 July 2022
Cambodia Constructors Association (CCA) on 8 July 2022, prepared the election to support the Executive Committee of the Cambodia Constructors Association for the fifth mandate (2022-2025) at Koh Pich City Hall. In the fourth election for the Executive Committee, CCA elected new members to replace the old members who have mandates expired and support the addition of the Executive Committee membe...
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Program to Offer a 10-year Visa to Foreign Investors Launched in Cambodia
- 7 July 2022
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 program is to promote trade and investment to those who w...
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Century Entertainment Looking to Launch Cambodian Table Gaming Business in September
- 1 July 2022
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 loss narrow from HK$43 million (US$5.5 milli...
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Northern Phnom Penh’s Swiss-designed Samraong Village launches mock-up units
- 30 June 2022
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, with unique creativity and fun...
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Walmart to Raise Orders of Cambodian Products
- 28 June 2022
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 orders of Cambodia-made products tha...
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