More than 10,700 new business establishments set up in Cambodia in 2022, an increase of 39 percent
Cambodia issued operating licenses to 10,701 new companies in 2022, up 39 percent from 7,677 firms in 2021, said a Ministry of Commerce’s report released on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501229929/more-than-10700-new-business-establishments-set-up-in-cambodia-in-2022-an-increase-of-39-percent/
New Cambodia-Japan business group
The Cambodia-Japan Association for Business and Investment (CJBI) was officially launched yesterday in order to bring the Business groups between the two countries together. ...
Sum Manet
http://www.khmertimeskh.com/news/23333/new-cambodia-japan-business-group/
Italy to set up chamber of commerce
Italy will set up a chamber of commerce in Cambodia this year with the aim of promoting and strengthening trade and investment opportunities in the kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/34290/italy-to-set-up-chamber-of-commerce/
Local startup is selected for fintech accelerator program
A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-startup-selected-fintech-accelerator-program
Twenty-seven startups and SMEs receive $5,000 to $20,000 grants
Twenty-seven local startups and small and medium enterprises (SMEs) have received grant assistance from the government to support their post-Covid recovery and enhance export potentials. ...
Thai Sothea
https://kiripost.com/stories/cambodia-twenty-seven-startups-and-smes-receive-5000-to-20000-grants
Startups discuss local challenges
Cambodian startups currently face several regulatory challenges in pursuing growth and profitability, according to three of the Kingdom’s most successful startup founders who shared their experiences over the weekend with the hope to inspire increased innovation and entrepreneurship. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/startups-discuss-local-challenges
Life insurance market grows
Two new life insurance companies will launch operations in Cambodia by the end of this week, aiming to grab hold of a market that has seen rapid expansion in recent years while also creating stronger competition in the emerging industry. ...
Hor Kimsay
http://www.phnompenhpost.com/business/life-insurance-market-grows
Bars to resist two-day ban on alcohol around commune elections
Local bars and restaurants have balked at a government directive that bans the sale or consumption of alcohol this weekend in a move ostensibly aimed at preventing civil disorder and unrest during commune elections. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/bars-resist-two-day-ban-alcohol-around-commune-elections
Public service fees reduced to up growth
The government has decided to revise three types of public service fees to boost business registration and draw more investment both locally and abroad, said the ministries of Economy and Finance; and Commerce in a joint statement. ...
Thou Vireak
https://www.phnompenhpost.com/business/public-service-fees-reduced-growth
Online course on how to build a startup business
Impact Hub Phnom Penh, with support from the Australian Embassy in Cambodia, is proud to introduce a new online course “How to build a Startup”, available online now on www.impacthubphnompenh.online. ...
Khmer Times Staff
https://www.khmertimeskh.com/50753389/online-course-on-how-to-build-a-startup-business/
Papa John’s set to open 15 stores in Kingdom over next three years
US-based pizza chain Papa John’s International Inc on April 7 unveiled plans to open 15 new outlets in the Kingdom over the next three years. Papa John’s opened its flagship store in Phnom Penh late last month, the company said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/papa-johns-set-open-15-stores-kingdom-over-next-three-years
Cambodia registers about 8,000 trademarks in 2020
Local and international companies registered 7,997 trademarks with the Ministry of Commerce 2020, up 30 percent over the previous year, the ministry reported. The ministry said it mediated 23 cases of infringement and dissolved 37 trademarks during the year. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-registers-about-8000-trademarks-2020
New business registrations down 41%
Last year saw 7,860 new businesses register with the Ministry of Commerce, down 40.72 percent from 13,259 in 2019. At the same time, the ministry dissolved 500 businesses last year, marking a 187 percent increase from 174 in 2019. ...
Thou Vireak
https://www.phnompenhpost.com/business/new-business-registrations-down-41
Tesla ‘yet to request’ business licence
South African-born US entrepreneur Elon Musk’s Tesla Inc has not yet requested a business licence with the Ministry of Commerce as of April 6, ministry spokesman Pen Sovicheat told The Post. ...
May Kunmakara
https://www.phnompenhpost.com/business/tesla-yet-request-business-licence
Commerce ministry posts 50.8% dip in revenue
The Ministry of Commerce posted $12.7 million in revenue for 2020, down by 50.83 per cent over $26.60 million in 2019, driven down by reductions in business registration fees and an increasing number of merchants self-certifying their products’ origins. ...
Thou Vireak
https://www.phnompenhpost.com/business/commerce-ministry-posts-508-dip-revenue
Cambodia and Turkey promote cooperation among businesses
Cambodia and Turkey held yesterday afternoon via videoconference a business forum to enhance and promote cooperation among businesses from both countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50936577/cambodia-and-turkey-promote-cooperation-among-businesses/
South Korea pushes for digital cooperation
South Korea’s Ministry of Science and ICT have expressed interest in enhancing cooperation between Korean digital companies and those in Cambodia, in order to support digital business development in the Kingdom. ...
Sok Raksa
https://www.phnompenhpost.com/national/south-korea-pushes-digital-cooperation
Chinese companies face culture shock in countries that aren’t like China
Faced with slower growth at home and rising labor costs, Chinese entrepreneurs are seeking foreign markets as never before. But as they rush abroad, they are grappling for the first time with unruly trade unions, independent courts and meddlesome journalists. And for many, navigating the ...
Sandwiched between cultures
It was not her degree in finance and banking that encouraged Keo Sopheap to start her own business. It was her sister’s marriage to an American that introduced her to foreign fast food. Now Sopheap owns a sandwich shop in Phnom Penh. Sopheap, a Norton ...
http://www.phnompenhpost.com/index.php/2012090358438/Business/sandwiched-between-cultures.html
Startups to power Cambodia’s Pentagonal Strategy
Cambodia’s future lies in startups was the broad message at the Startup Ecosystem Forum: Connect 2024 at Raintree Cambodia held in Phnom Penh on Friday. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501457944/startups-to-power-cambodias-pentagonal-strategy/