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Six listed firms post Q2 recovery

Six companies with securities listed on the Cambodia Securities Exchange (CSX) reported a recovery in business performance in the second quarter of this year over the early days of the health crisis, on the back of the rapid pace of the Covid-19 vaccination programme in ...

May Kunmakara
https://www.phnompenhpost.com/business/six-listed-firms-post-q2-recovery-0

Korea’s KB Kookmin Bank says completes acquisition of Prasac

South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...

May Kunmakara
https://www.phnompenhpost.com/business/koreas-kb-kookmin-bank-says-completes-acquisition-prasac

Firms seek to resume high rise construction in Sihanoukville

The Covid-19 pandemic brought high-rise building construction in Preah Sihanouk province to a halt when it began, resulting in several business disputes that four real estate companies are now working together to solve, according to provincial governor Kuch Chamroeun. ...

Voun Dara
https://www.phnompenhpost.com/national/firms-seek-resume-high-rise-construction-sihanoukville

Firms enlisted in online VAT drive

The General Department of Taxation (GDT) has said it will work with 49 businesses that provide online services in Cambodia to promote the implementation of value-added tax (VAT) on e-commerce transactions, in a move that responds to the recent boom in the online market. ...

Nov Sivutha
https://www.phnompenhpost.com/business/firms-enlisted-online-vat-drive

Kep vendors and fishermen worried about land reclamation impacts

Vendors and fishermen in Kep province have expressed their concerns over the development of a new beach as part of a state-owned project, with nearly three kilometers of land being dumped into the sea. ...

Sovann Sreypich
https://cambojanews.com/kep-vendors-and-fishermen-worried-about-land-reclamation-impacts/

Cambodia, US biz leaders set to meet at US-Asean summit

A business delegation, who are members of the Cambodia Chamber of Commerce (CCC), will fly to two cities in the US from May 8 to 15 along with Prime Minister Hun Sen to meet the American businesspeople during the US-Asean Summit in Washington. ...

Kang Sothear
https://www.khmertimeskh.com/501072222/cambodia-us-biz-leaders-set-to-meet-at-us-asean-summit/

Telecommunications ministry pushes tech education

The Ministry of Post and Telecommunications urged the students who completed the recent High School Diploma examinations to embrace digital technology, which it said plays an important role in daily life, business, public service and other services. ...

Long Kimmarita
https://www.phnompenhpost.com/national/telecommunications-ministry-pushes-tech-education

Private trade centres eyed for five cities across China

The Ministry of Commerce plans to set up five Cambodian private business centres in China to step up the Kingdom’s exports to the East Asian giant and maximise use of the bilateral free trade agreement (FTA) between the two countries, the ministry’s two-day annual meeting ...

Hin Pisei
https://www.phnompenhpost.com/business/private-trade-centres-eyed-five-cities-across-china

GDI helps Cambodian infrastructure, promotes trade links among countries

The China-proposed Global Development Initiative will create a platform for joint growth and see more benefits go to Cambodia due to its cooperation with China to build a community with a shared future, officials and business leaders said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501175134/gdi-helps-cambodian-infrastructure-promotes-trade-links-among-countries/

At least 444 firms okayed for Single Portal by Phase II agencies

At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for Businesspeople, offering convenience and reducing informal costs. ...

May Kunmakara
https://www.phnompenhpost.com/business/least-444-firms-okayed-single-portal-phase-ii-agencies

Sendai office to bolster Japan ties: CCC

The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...

Hin Pisei
https://www.phnompenhpost.com/business/sendai-office-bolster-japan-ties-ccc

Kandal issues 30 day compliance warning to ferries

The Kandal provincial administration issued a warning that it will shut down any ferryboat business that does not comply with current safety standards. An appropriately sized steel vessel must be employed, rather than the single or twin hulled wooden boats that were previously used, in ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kandal-issues-30-day-compliance-warning-ferries

French trade minister plans Cambodia trip

French foreign trade minister Olivier Becht’s plans to visit the Kingdom from January 24-25 have been welcomed as a major step in improving economic cooperation between the two nations, including by a senior commerce official and a leader of the local business community. ...

May Kunmakara
https://www.phnompenhpost.com/business/french-trade-minister-plans-cambodia-trip

Ministry: Clear price tags in riel, or else

The Ministry of Commerce warns that it will fine business owners who fail to affix or post clear prices for their products and services as instructed by relevant authorities. ...

Van Socheata
https://www.phnompenhpost.com/national/ministry-clear-price-tags-riel-or-else

PPAP reports robust growth amid recovery

The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ...

May Kunmakara
https://www.phnompenhpost.com/business/ppap-reports-robust-growth-amid-recovery

Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment

Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/

Cambodia’s bourse sees record low volume

In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume

Information Minister Fears Repeat of 2003 Riots

Information Minister Khieu Kanharith said Monday that the deployment last week of armored personnel carriers (APCs) and soldiers is necessary to prevent an outbreak of post-election violence akin to the anti-Thai riots that gripped Phnom Penh more than 10 years ago. Speaking to reporters at the ...

Kuch Naren and Lauren Crothers
http://www.cambodiadaily.com/elections/information-minister-fears-repeat-of-2003-riots-39266/

Cambodia and France exchange two MoUs on trade and education

Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/

Royal Group linked to new $2.2bn firm

A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd ...

http://www.phnompenhpost.com/index.php/2011111852823/Business/royal-group-linked-to-new-22bn-firm.html

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