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Monday 15 December 2014

Investment news brief/Cambodia/15.12.14

Malaysian firm looks to invest in Cambodia : Malaysia's Felda Global Ventures (FGV) is planning a US$ 297 millions investment in Cambodia's plantation sector (read more).

Kuwaitis encouraged to invest in CambodiaCambodia's Minister of Commerce Sun Chanthol has, while visiting the Kuwaiti Chamber of Commerce and Industry, urged Kuwaiti investors to take advantage of the new economic laws aimed at targeting and encouraging foreign investors notably in the sectors of industry and agriculture (read more).


Cambodia considers sea shore incentivesCambodia’s Ministry of Tourism may relax regulations for foreign visitors to boost tourist arrivals and encourage investment particularly along Cambodia’s coastline.
The Phnom Penh Post quoted Tourism Minister Thong Khon as saying that visa requirements and rules governing property ownership at Cambodia’s beach areas are under review (read more).
PhillipBank sees the beginning of a new era in Cambodia with hopes of a fruitful season Arelatively recent entrant to the commercial banking scene in Cambodia, PhillipBank has made it a point to target the Kingdom’s small- and medium-sized business owners . The Phnom Penh Post Special Reports editor Moeun Nhean sat down with bank CEO Han Peng Kwang recently to talk about the different services PhillipBank provides, the reasons behind its rapid growth in the market and its plans for what seems an increasingly bright future(read more).

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