Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
Asian mega centre boost for Christchurch business
Three New Zealand companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia offering 7000 square metres of indoor activities, shops, cafes and an ice skating rink on the top floor. When it opens in March, visitors to the 12-story ...
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10851834
Cambodian CEO to chair ASEAN business awards
Sorn Sokna, chief executive of Sonatra Securities in Phnom Penh, has been made chairman of the ASEAN Business Advisory Council’s ASEAN Business Awards. ...
Telecoms unconsulted on cyberlaw provisions
Telecommunications companies say they are being left in the dark on the controversial draft law on cybercrime, despite provisions in the proposed law allowing prosecutors to order internet service providers to preserve data for them as part of criminal investigations. Three large telecom firms providing internet ...
Kevin Ponniah
http://www.phnompenhpost.com/national/telecoms-unconsulted-cyberlaw-provisions
Cambodia has potential for social businesses
Despite challenges, Cambodia has potential for the establishment and expansion of social businesses, participants of the Microfinance & Social business Conference in Phnom Penh said yesterday. While social business in Cambodia is still in an early phase compared to micro-finance “Cambodia is a promising land” for such ...
Bank Forecasts Drop in GDP Growth to 6.5%
The Asian Development Bank (ADB) yesterday revised its prediction for economic growth in Cambodia down to 6.5 percent as it warned that weakening demand from markets in the US and Europe could affect exports leaving the country. The ADB’s biannual outlook report for 2012 also said ...
UN Sees Cambodian Economic Growth Slowing in 2012
Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...
Kith Meng re-elected as CCC president
Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...
Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/
CDC says investments up by 18 pct in 2015
Investments in Cambodia grew by 18 per cent last year, with a bulk of this capital flowing into the infrastructure, agriculture and tourism projects, the Council for Development of Cambodia announced yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/cdc-says-investments-18-pct-2015
GMS cross-border pact on hold
Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...
Sok Chan
http://www.khmertimeskh.com/news/28140/gms-cross-border-pact-on-hold/
Firms ready to expand despite local skills gap
A Eurocham business confidence survey has revealed that 81 per cent of respondents – members of the business association – planned to increase investments and expand their operations in the Kingdom, but viewed transparency and the lack of skilled human resources as the major downsides ...
Ananth Baliga
http://www.phnompenhpost.com/business/firms-ready-expand-despite-local-skills-gap
Chamber of commerce expands
A new sub-decree to allow the Cambodia Chamber of Commerce to represent the business sector overseas, will come into force next year after Prime Minister Hun Sen signs the draft into law soon, according to a Commerce Ministry official. Soeng Sophary, the ministry’s spokesperson, said the ...
Sok Chan
http://www.khmertimeskh.com/news/33044/chamber-of-commerce-expands/
Legal firm to help elite gain dual citizenship
A NEW international law firm is preparing to set up shop to provide foreign citizenship or residency services to Cambodia’s wealthy elite by helping to facilitate large overseas investments as well as business expansion plans. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/legal-firm-help-elite-gain-dual-citizenship
Trade with China to grow
Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding trade and investment between the two countries. ...
May Kunmakara
http://www.khmertimeskh.com/news/32646/trade-with-china-to-grow/
Banker to lead Khmer-Chinese coterie
Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banker-lead-khmer-chinese-coterie
Private sector ‘regrets’ EBA partial withdrawal decision
The Cambodian Chamber of Commerce and other business chambers including the Malaysian business Council of Cambodia, European Chamber of Commerce in Cambodia and American Chamber of Commerce in Cambodia have expressed their regret over the recommendation by the European Commission to partially withdraw the Everything ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50691649/private-sector-regrets-eba-partial-withdrawal-decision
Expanding investment networks: Cambodia-UAE forum set for ‘24
The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...
Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24
Kep issues reminder to renew ad licences or face fines and closure
Kep provincial governor Som Piseth has issued a reminder that all advertising licences in the province are now due for renewal. Businesses which fail to comply will be fined, and may face temporary suspension, or even the closure, of their operations. ...
Chea Sokny
https://www.phnompenhpost.com/national/kep-issues-reminder-to-renew-ad-licences-or-face-fines-and-closure
Earning money and making a difference
Social enterprise may be more than just a buzzword if last Saturday’s attendance at Cambodia’s second-ever conference on the matter was anything to judge by. The 350 person-plus crowd of attendees consisted predominately of Cambodians, for whom doing business appears to be about more than merely ...