Investment

Savan Logistics based in the Special Economic Zone or Savan Park has proposed establishment of Common Control Areas in the park, aimed at easing traffic congestion at the Lao-Thai border checkpoint. Currently the CCA proposal is being discussed among the officials concerned from line ministries, ...

Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of ...

Chinese construction machinery giant Sunward Group will set up an office in Cambodia this year to capitalize on the surge in infrastructure development in the country. He Qinghua, chairman of the board at Sunward Group, told Khmer Times his company is currently researching business opportunities ...

The Asian Development Bank has financially backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with the state-run energy utility Electricite Du Cambodge. ADB’s private sector operations department will provide Sunseap Asset (Cambodia) with a debt financing ...

Cambodia and Vietnam on April 25 agreed in principle to work together in a range of commercial activities following two-hour talks at Peace Palace between Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phu. Deals were struck relating to a major new highway, education, fisheries ...

Prime Minister Nguyễn Xuân Phúc visited Cambodian King Norodom Sihamoni upon his arrival in the country yesterday. At the meeting, PM Phúc expressed his pleasure to visit Cambodia when the two countries are celebrating the 50th anniversary of diplomatic relations. He lauded socio-economic achievements Cambodia ...

Deputy Prime Minister Trương Hoà Bình has urged the four central coastal localities affected by last year’s environmental incident to complete compensation by June 30 this year. He made the request at the seventh meeting of the Steering Committee on stabilising the lives and production ...

AVA Advisory has announced that it will make available an app for download next month that allows investors to access robo-advisory services with their smartphones. Nirun Pravittana, chief executive of AVA Advisory, said the application was a robo-adviser with artificial-intelligence technology to help investors increase ...

“Shifting Realities – New Opportunities” is one of 12 key topics for discussion at the 2017 WTTC (World Travel and Tourism Council) Global Summit, which will take place in Bangkok for two days beginning tomorrow. Hosted by the Tourism Authority of Thailand, the summit is ...

Thailand’s four largest banks by assets saw their combined net profits rise for the third consecutive quarter in January to March, helped by lower provisioning for future defaults. Although this is a sign that lenders foresee an improvement in Thailand’s long sluggish economy, some analysts ...