The Council for the Development of Cambodia (CDC) last week approved a $160.6 million brewery in Chhak Chhoeu Neang commune’s Trapaing Veng village in Kandal province’s Ang Snuol district.
The Senate on Thursday approved two coal-power plants and a power transmission line with a combined value of $1.7 billion.
The Ministry of Mines and Energy on Friday announced that three companies have been granted initial approval to carry out copper and gold exploration in the Kingdom.
The government has decided to waive 50 per cent to 100 per cent tax on the textile industry for six months as a means of easing its financial burden, stated a Ministry of Economy and Finance prakas.
On Wednesday, Prime Minister Hun Sen said Cambodia remains open to cross-border trade with neighbouring countries, but the borders will remain closed to citizens and travelers.
The Garment Manufacturers Association in Cambodia (GMAC) on Tuesday urged factories not to suspend shipments of goods that have already been produced as well as those in production.
The Agriculture and Rural Development Bank (ARDB) has signed Memorandums of Understanding (MoU) with the Cambodia Food Manufacture Association (CFMA) to disburse $50 million in loans from the government to small- and medium-sized enterprises (SME) for business expansion and productivity.
Cambodia's Department of Commerce officials say the temporary closure of all border crossings between Cambodia and Thailand, which started on Monday, will not have a significant impact on the export of Cambodian agricultural products to Thailand.
Cambodia and Russia have pledged to increase bilateral trade and investment as the Kingdom aims to diversify its market through the Eurasia Economic Union (EAEU).
Taiwanese curtain manufacturer Nien Made Enterprise Co Ltd said the Vietnam-Cambodia border closure would affect shipments of Cambodian-made products, the Taipei Times reported on Monday.