Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for the locals. The five projects cover the production of clothes, […]
Read MoreCambodia’s coastal province of Preah Sihanouk has so far received a total of 194 tourism projects worth about $30 billion. The update was shared yesterday by Preah Sihanouk Provincial Governor Kuoch Chamroeun in a press conference here in Phnom Penh. The move will contribute essentially to the tourism industry in the province listed among the […]
Read MoreThe Council for the Development of Cambodia has approved a total capital of $89.4 million for two more investment projects covering bags and beer production. According to a press release yesterday, the said project is expected to create 1,600 jobs for the locals. The first project to be conducted in Kampong Speu province which belongs […]
Read MoreLocal businesses have reacted with confusion over the new “expensive and strict” fixed-price quarantine requirements, announced by the Ministry of Economy and Finance this week. New requirements will force all newly arrived foreigners to pay a set fee for their COVID-19 lab tests, quarantine, treatment services and cremation (if they die as a result of […]
Read MoreNearly 1 million tonnes of rice paddy were exported from Cambodia to Vietnam from January to June this year, with exporters claiming that the COVID-19 virus will not affect the Kingdom’s rice export industry. According to the Ministry’s Agriculture Department Cambodia officially exported 921,047 tonnes of rice paddy to Vietnam from January 1 to June […]
Read MoreThe Ministry of Industry, Science, Technology and Innovation is setting up what it calls the National SMEs Information Web Portal, called “KhmerSME”, to allow local small and medium enterprises (SMEs) to access various information and lets foreign direct investors (FDIs) to seek information from existing SMEs in Cambodia. With this portal, SMEs are able to […]
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