Chinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the COVID-19 pandemic, which truly reflected Chinese investors’ trust in Cambodia’s business environment, officials and experts said on Friday. Cambodia attracted fixed-asset investment of $2.32 billion from China last year, up 67 percent from $1.39 billion in the year before, according […]
Read MoreThe Ministry of Labour and the Ministry of Commerce called on directors of textile, garment and bag factories to participate in the Better Factories Cambodia. The factory directors were reminded to (this is an unofficial translation of the letter): Register and pay financial contributions to support the Factories Cambodia (BFC) project through the Garment Manufacturers […]
Read MoreCambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. China remained the first largest foreign investor to the southeast Asian nation, accounting for 53.4 percent of the kingdom’s total investment last year, the report said. It added that Cambodia received $2.32 […]
Read MorePhnom Penh (VNA) – Cambodian Prime Minister Hun Sen has expressed his concern over the Cambodian economy, which may be affected by rising global oil prices and increased inflation caused by the COVID-19 pandemic and the Russia-Ukraine conflict. Speaking at a ceremony to inaugurate National Road No. 3 Phnom Penh-Kampot on March 2, PM Hun Sen […]
Read MorePrime Minister Hun Sen yesterday appealed to people to calm down as gasoline prices hit another high peak, citing that global crude oil has been on surge as the Russian-Ukraine crisis threatened to disrupt global supply. The Ministry of Commerce and Ministry of Mines and Energy, which is responsible for regulating gas prices, issued on […]
Read MoreTwo Thai budget airlines have announced flights to Cambodia in a bid to spur bilateral tourism after the Covid-19 crisis, with one of them newly launching air links with the country, according to tourism ministry officials and representatives from the Kingdom’s main travel agent association. The Ministry of Tourism on February 27 announced that Thai […]
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