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NEWS UPDATES Asean Affairs     June 30, 2017  







Japanese FDI on the rise in Cambodia

The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials.

Japanese investment into the Kingdom over the last 25 years through May 2017 totalled $1.5 billion, the Council for Development of Cambodia (CDC) said on Tuesday after the closing of the 15th Cambodia-Japan Public Private Sector Meeting, which drew nearly 70 Japanese investors to Phnom Penh. The investment has covered some 125 registered projects to date, as well as 200 Japanese restaurants, it said in a press release.

“The number of Japanese restaurants is expected to jump further when Japanese retail giant Aeon Mall opens its second outlet in Phnom Penh next year,” the release added.

The CDC said the $1.5 billion invested in the last few decades was proof that Japanese investors are increasingly seeing Cambodia as a safe and open place to do business, expand production and branch out into the service sector.

Chan Vichet, an assistant director of Sushi Bar, a Japanese-owned restaurant in Phnom Penh, said that he has witnessed firsthand the surge of Japanese expats and the consumer habits they have brought.

“The increase of Japanese restaurants in Cambodia is a good sign that Japanese investment will continue to increase,” he said, adding that Sushi Bar entered the market in 2012 and plans to open its third outlet next year due to demand.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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