Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

High-profile Phnom Penh businesswoman Chhin Sokountheary has called on Prime Minister Hun Sen to return 33 hectares of prime land in Phnom Penh’s Sen Sok district to her company, which lost the rights to it when the government claimed the land in July. Sokountheary said she ...

Villagers near the Sesan River in Stung Treng province are a step closer to being forced to make way for a hydropower dam following a National Assembly vote on Friday, but they are no closer to learning the details of such a move, a community ...

The government affirmed its commitment to bilingual education for ethnic minority children in Cambodia’s northern provinces at a UNESCO conference in Bangkok last week. Speaking at the fourth International Conference on Language and Education: Multilingual Education for all in Asia and the Pacific, Ton Sa Im, ...

In an effort to put a stop to land swaps in Phnom Penh, City Hall has called on state institutions with offices in Chamkar Mon district’s Tonle Bassac commune to register or re-register for land titles, a municipal official said Sunday. A letter signed by ...

More than 200 former residents of the Boeng Kak community protested Thursday outside City Hall to demand more compensation to the original amount they received when forcibly evicted from around the lake in 2009. The protesters—who accepted payouts from the private developer Shukaku to make way ...

The government has granted 322 hectares of state-owned teak forest in the newly formed Tbong Khmum province to the Interior Ministry so that the land can be used to build a new provincial capital, the Interior Ministry said Wednesday. “The government has decided to use more ...

Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. ...

Commerce Minister Sun Chanthol said yesterday that his ministry was initiating reforms that would see Cambodia’s ease of starting a business ranking leap from the current 184 to 21. He said the government would also need to make changes to the Company Registration Law, reduce ...

Sun Chanthol, the Minister of Commerce, was in Bangkok yesterday telling Thai business leaders and investors about the benefits of doing business in the Kingdom. ...

A total of 222 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – in the week from 2pm January 16 to 2pm on the 23rd, bringing the cumulative figure to 21,137, according to the Online Business ...

As businesses and banks prepare for the 11th World Islamic Economic Forum in Malaysia on November 3, some Islamic microfinance businesses are considering bringing interest-free loans to Cambodia. ...

Smart Axiata, one of the leading mobile operators in Cambodia, yesterday officially launched its digital young innovator program SmartStart, aimed at helping young Cambodians develop their innovative digital-related business ideas into actual businesses or products.SmartStart is a nine-month university program initiated to inspire, enable and ...

Cambodia’s 11-year-old investment law may be the most liberal in the region, according to the World Bank, but in practice, day-to-day business operations are far from simple, economists and business operators say. Mey Kalyan, senior adviser to the Supreme National Economic Council, said that despite a ...

Small- and medium-sized enterprises (SMEs) need to intensify self-regulatory efforts against corrupt practices to help foster a stronger business environment, NGO Transparency International (TI) Cambodia said yesterday. At a seminar in Phnom Penh, TI Cambodia executive director Preap Kol told business representatives that while government corruption ...

The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in Cambodia from imported products being sold below their cost base. ...

Kampong Speu is gearing up for a business boom, with the provincial administration recently revealing plans to set up 25 new factories and enterprises later this year. ...

Brett Sciaroni, the storied founder of Sciaroni and Associates in Phnom Penh, is in Washington for a two-day State Department business conference where he will urge US companies to invest in Cambodia, the firm said in a statement. Mr. Sciaroni will be representing Cambodia as president ...

The Royal Government of Cambodia (RGC) and the World Food Programme (WFP) launched here yesterday the SUN Business Network Cambodia (SBN Cambodia) which brings together some of the most forward-thinking private Businesses in the food sector to accelerate progress in nutrition across Cambodia. ...

The vast majority of local companies lack corporate governance standards and provide insufficient business information, requiring investors and regulators to do heavy due diligence work that stops businesses from tapping into additional funding sources, officials said yesterday. ...