Thailand’s PTT Oil and Retail Business (PTTOR) is looking for local partners in other markets where it already operates like Cambodia, Laos and the Philippines for potential joint ventures. PTTOR plans to invest 93.5 billion baht ($2.9 billion) over the next five years to expand its food and beverage business, utilising its big gas stations […]
Read MoreCambodia was one of only nine countries and territories that saw no significant changes in electricity tariffs between 2019 and 2020, as the Covid-19 pandemic began to sweep across the globe. This is according to recent data posted on comparethemarket.com.au, an Australian price comparison website operated by Compare the Market Pty Ltd. Compare the Market […]
Read MoreA development strategy designed to transform the Cambodian garment trade into a dynamic, diversified, high-value and competitive sector – with a focus on the upskilling of factory workers – will be launched soon, a senior finance ministry official said on February 18. Ministry of Economy and Finance secretary of state Phan Phalla made the remark […]
Read MoreThe Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. In addition to the RCEP free trade agreement Cambodia has bilateral free trade agreements with China and South Korea, and “these pacts are a factor for the […]
Read MoreThe Investment Law of Cambodia will be a strong legal and regulatory basis to attract foreign direct investment and help promote Cambodia’s economic growth. Okhna Tan Khee Meng, president of the Malaysian Business Chamber, Cambodia (MBCC) said this at the Cambodia-Malaysia Business Forum co-organised by the Council for the Development of Cambodia (CDC) yesterday. “Cambodia’s […]
Read MoreThe government has projected that the Kingdom’s economy will grow by about 5.6 per cent this year despite the threat posed by the Omicron variant. The footwear industry has been growing rapidly in the last few years, employing more than 130,000 workers and attracting a lot of new investment in 2021. Cambodian Footwear Association president Ly […]
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