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ខ្មែរ Business and Market
Cambodia Imports Almost US$150m of Iron & Steel in Five Months
- 13 June 2022
Cambodia imported a total of US$149 million worth of iron and steel in the first five months of the year, up 19.8% from the same period last year. According to the General Department of Customs and Excise, the volume of steel and steel imports contributed about 1.1% of the total import value of US$13.057 billion, an increase of 11%. Data from the Ministry of Land Management, Urban Planning a...
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Cambodia & Thailand Urge Opening of Four More Border Crossings
- 10 June 2022
Cambodian and Thai authorities have urged the opening of four more crossings borders, according to a meeting between the Pursat and Trat provincial administrations on 09 June 2022. The meeting was chaired by Mr Pov Piseth, Deputy Governor of Pursat Province and the Thai side was chaired by Mr Kan Chhay Thep Vorak Chhay and Mr Na Rong Thepsena, Deputy Governor of Trat Province, as well as releva...
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Gov’t Approves Four Projects Worth Over US$15 million
- 9 June 2022
The Council for the Development of Cambodia (CDC) has approved the investment of US$15.8 million by private companies to establish four new factories in Kandal, Kampong Speu, and Takeo provinces. According to the investment proposal of the companies, the Investment Committee of CDC decided to issue investment project registration certificates to the following companies: The first company is ...
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Phnom Penh Recorded 310 Boreys &1,603 High-Rise Buildings by Start of 2022
- 8 June 2022
At the start of 2022, Phnom Penh recorded a total of 310 Borey & apartment projects and1603 high-rise buildings, of which 225 have more than 20. These statistics were according to Phnom Penh Municipal Governor, HE Khoung Sreng, at the official opening of Prince Times Square on 07 June 2022. The governor continued that despite the COVID-19 crisis in 2021, Phnom Penh still received 1,050 n...
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China-based Xiaomi starts smartphone production in Vietnam
- 3 June 2022
China-based Xiaomi has delivered the first batch of its made-in-Vietnam smartphones, for distribution to the local market and foreign markets –Thailand and Malaysia. The Chinese electronic giant announced Monday that its smartphones are made in Vietnam by DBG Technology, a subsidiary of Hong Kong's DBG Electronics Investment Limited, at a factory in northern Thai Nguyen Province. APPLE also ...
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Apple moves iPad production from China to Vietnam
- 2 June 2022
Apple has set up an iPad factory in Vietnam after its production line in China was affected by strict measures of Covid 19 in China, the company's largest manufacturing facility. With small-scale production in the early stages in Vietnam, the company said, setting up a factory in Vietnam would diversify the production chain, reducing dependence on China. The company is moving some iPad produ...
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The US Seeking To Invest In Transport Infrastructure In Cambodia
- 2 June 2022
US investors are looking for investment opportunities in transport infrastructure in Cambodia, as the Royal Government of Cambodia said welcomes all foreign investors who wish to invest in the transport infrastructure in Cambodia. In a meeting held on June 1 with HE Koy Sodany, Secretary of State for the Ministry of Public Works and Transport, Mr Moses An, Economic/Commercial Officer at US Amba...
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Cambodia to fill and package Sinovac Kovid-19 vaccine domestically
- 1 June 2022
The Ministry of Health signed a Memorandum of Understanding (MoU) on Cooperation for filling and packaging Covid-19 Inactivated Vaccines with China’s Sinovac Life Sciences and Cambodian Pharmaceutical Enterprise, the move will enable Cambodia to package vaccines. The signing MoU ceremony was held on June 1, under the presence of HE Mam Bunheng, Minister of Health, with HE Wang Wentian, Chinese ...
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Big C Bags Kiwi Mart in Cambodia
- 28 May 2022
Big C has acquired Kiwi Mart, a convenience store chain in Cambodia, via its Cambodian subsidiary to strengthen its retail business in the neighboring country, according to the Bangkok Post on 27 May 2022. A big grocery and general merchandising retailer headquartered in Bangkok, Thailand, Big C reached the acquisition deal last week, but the value of the deal has not been disclosed. Gary Ha...
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SSEZ to Build Second Phase Industrial Park to Accommodate 300 Factories
- 27 May 2022
The Sihanoukville Special Economic Zone (SSEZ) is in the stage of preparing for the construction of the second phase of the industrial park, which can accommodate up to 300 factories and enterprises. According to the Chinese Embassy in Cambodia, the first phase of the SSEZ’s industrial park has been completed, accommodating 170 companies, which has generated nearly 30,000 jobs for locals. Wh...
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