Stimulating FDI to strengthen Cambodia’s economy
Despites the ongoing Covid-19 crisis and geopolitical tensions, foreign direct investment (FDI) inflows to Cambodia remain stable, attracting $3.6 billion last year, a senior official said on Friday. ...
Prak Chan Thul
https://kiripost.com/stories/stimulating-fdi-to-strengthen-cambodias-economy
PM asks MEF to simplify biz registration procedures
Prime Minister Hun Manet asked Deputy Prime Minister and Minister of Economy and Finance (MEF) and Chairman of the Committee on Economic and Financial Policy Aun Pornmoniroth to simplify business registration and reduce tax burdens for the self-employed in the informal economy to be formalised ...
Kang Sothear
https://www.khmertimeskh.com/501353754/pm-asks-mef-to-simplify-biz-registration-procedures/
Deadline for online business registration now extended to July
Uncertainty over business conditions and the impact of the spread of Covid-19 has prompted the Ministry of Commerce to postpone the issuing of fines until July for online business owners who are late to apply for e-commerce permits or licences. ...
Hin Pisei
https://www.phnompenhpost.com/business/deadline-online-business-registration-now-extended-july
Forum connects enterprises in five Southeast Asian countries
The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394870/forum-connects-enterprises-in-five-southeast-asian-countries/
Digital Business Expo held to enhance digital transformation to entrepreneurs
Techo Startup Centre organised a Digital Business Expo with the theme of Startup, Innovation, and Technology in the Context of the Digital Economy and Society at Sofitel Phnom Penh Phokeethra. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397415/digital-business-expo-held-to-enhance-digital-transformation-to-entrepreneurs/
EU explores investment opportunities in Cambodia
An EU-ASEAN Business Council delegation landed in Cambodia to look into long-term investments in the country. In the first installment of two, Kiripost sits down with executive director, Chris Murphy, to see what progress was made. ...
Marissa Carruthers
https://kiripost.com/stories/eu-explores-investment-opportunities-in-cambodia
SMEs registration inches up to 443,628 last year
The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/
French investors keen to learn investment potential in Cambodia
A business forum is scheduled to be held this week in Paris, France, giving floor to businessmen and investors to understand potential investment opportunities in Cambodia, according to the Embassy of France in Phnom Penh. ...
Chea Vanyuth
https://www.khmertimeskh.com/501423451/french-investors-keen-to-learn-investment-potential-in-cambodia/
eKYB system launched to streamline verification of enterprises
The soft launch of the electronic Know Your Business (e-KYB) system was recently held at the Techo Startup Center in Phnom Penh. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501555825/ekyb-system-launched-to-streamline-verification-of-enterprises/
Doing business gets easier in Cambodia: World Bank
Cambodia rose five places in the World Bank’s annual Doing Business study to 133I’d out of 185 countries, largely due to the establishment of a credit bureau, which makes acquiring loans easier. The report, which ranks countries in 10 categories on the ease of doing ...
Banks Look to Offer Services Using Renminbi
Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...
Ministry says rice exports to double
Despite a slow start for milled-rice exports in 2012 brought on by falling regional prices, officials yesterday predicted Cambodian shipments would more than double to 400,000 tonnes this year. Tax exemptions from Europe, which boosted milled-rice exports to about 173,000 tonnes last year, would continue to ...
Cedac to Export Rice to Germany Next Month
The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...
Inditex, H&M agree to pay more for clothes from Cambodia
Fashion brands, including Europe’s biggest clothing retailer Inditex SA (ITX) and Hennes & Mauritz AB (HMB), said they are willing to pay more for clothes made in Cambodia, backing a trade union campaign for higher wages. The chains are among eight clothing retailers that include Next Plc (NXT) and Primark that have ...
Gabi Thesing
http://www.bloomberg.com/news/2014-09-19/inditex-h-m-agree-to-pay-more-for-clothes-from-cambodia.html
Cambodian Stock Exchange Set to Launch
The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...
T.K. Garment Co moves across the border for cheaper wages
When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...
http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia
Insurance Institute To Boost Skills in Kingdom
An insurance training centre is being planned in Cambodia to develop local expertise lacking in the Kingdom’s nascent insurance industry. The institute hopes to offer diploma courses to industry leaders here so they in turn will be qualified to provide insurance training to others, such as ...
Registered business numbers increased
The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. Officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...
Agriculture sees influx of new firms
The number of new businesses that registered in the first eight months of the year increased 33% to 2,105 compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Officials said that many of the registrations between January and ...
Cambodia, Vietnam talk trade
Cambodia and Vietnam yesterday pledged to strengthen cooperation on a range of issues involving trade and investment, in order to boost increasing trade between the neighbouring countries. Bilateral trade between the nations is currently in its most significant period, with trans-border business continuing to grow, Cambodia ...
http://www.phnompenhpost.com/index.php/2011092051739/Business/cambodia-vietnam-talk-trade.html