Protesters want government to revitalize dilapidated beach
A representative of 18 vendors in Sihanoukville asked the government for help in reviving the area where they used to live and work, claiming that the half-finished construction sites destroyed the area and any businesses operating there. ...
Chea Takihiro
http://www.khmertimeskh.com/news/16930/protesters-want-government-to-revitalize-dilapidated-beach/
Industry largely bullish on AEC integration
Government and business representatives continue to remain optimistic about Cambodia’s prospects after the ASEAN Economic Community integration next year, saying that the Kingdom had upped production levels and strengthened quality measures to remain competitive in the region. ...
Sor Chandara
http://www.phnompenhpost.com/business/industry-largely-bullish-aec-integration
Stock exchange ready for SMEs
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) sees small and medium sized businesses (SMEs) as the engine to drive growth on the local stock market, while the companies already listed have been growing steadily. ...
Sok Chan
http://www.khmertimeskh.com/news/25855/stock-exchange-ready-for-smes/
Government scrubs database that exposed Hun family riches
The Commerce Ministry has scrubbed its website of all corporate shareholder information since last month’s release of a report damned by Prime Minister Hun Sen’s children for shedding light on the first family’s sprawling business empire. ...
Zsombor Peter
https://www.cambodiadaily.com/news/government-scrubs-database-exposed-hun-family-riches-116772/
Royal Group head Kith Meng urges tax rate revision
Private sector representatives argued yesterday that Cambodia’s outdated taxation laws do not accurately reflect the Kingdom’s current business climate, urging the General Department of Taxation (GDT) to revise the legal framework to promote private sector growth. ...
Hor Kimsay
http://www.phnompenhpost.com/business/royal-group-head-kith-meng-urges-tax-rate-revision
Hong Kong economic delegation visits Kingdom
Hong Kong’s top economic official will lead a 48-person delegation to Cambodia on Monday and Tuesday to explore business opportunities related to China’s Belt and Road Initiative, according to a release from the official’s office. ...
Post Staff
http://www.phnompenhpost.com/business/hong-kong-economic-delegation-visits-kingdom
IFC to boost corporate governance
The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance
Chinese encouraged to invest more
More than 50 business leaders and investors from Dezhou city, Shandong province in China, are seeking investment opportunities and Cambodian partners in the fields of agriculture, construction, machinery, food processing, technology and cars, renewable energy and sports equipment. ...
Sok Chan
http://www.khmertimeskh.com/news/39927/chinese-encouraged-to-invest-more/
Thai links set to boost trade
The Ministry of Commerce has committed to joining up with the Thai Embassy in Cambodia to build a favourable business and investment climate between the Asean neighbours. ...
May Kunmakar
http://www.khmertimeskh.com/5082631/thai-links-set-boost-trade/
Private sector warns government that high costs imperil investment
Private sector representatives are deeply concerned by the government’s inability to reduce the cost of doing business in the Kingdom, and they warned yesterday that the country would start to lose investors if the situation did not improve. ...
Robin Spiess
http://www.phnompenhpost.com/business/private-sector-warns-government-high-costs-imperil-investment
IFC gives Acleda a $110M loan boost
The International Finance Corporation, a member of the World Bank, and the Global Agriculture and Food Security Program (GAFSP) announced Thursday that they will provide Acleda Bank with a $110 million loan to finance rural and micro-businesses, especially agricultural enterprises. ...
Ananth Baliga
http://www.phnompenhpost.com/business/ifc-gives-acleda-110m-loan-boost
Cambodian firm probed over S’ville plastic waste
Kun Nhem the director-general of the General Department of Customs and Excise, said on Sunday that the owner of a Cambodian business is being questioned over the discovery last week of 83 plastic-rubbish filled containers at Sihanoukville Autonomous Port. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cambodian-firm-probed-over-sville-plastic-waste
IFC provides $50m to Amret micro-lender
The International Finance Corporation (IFC) will provide a $50 million financing package to Amret Co to help the Cambodian microfinance institution increase lending to smaller businesses, particularly those in the agriculture sector and rural areas, it said in a press release. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-provides-50m-amret-micro-lender
Tax registration deadline pushed back
The tax department issued a notice yesterday extending the deadline for businesses to finish their tax registration until May 31, the latest in a long string of delays that followed the introduction of strict new rules on tax registration in 2014. ...
Jonathan Cox
http://www.khmertimeskh.com/news/23887/tax-registration-deadline-pushed-back/
Credit life insurance provides a safety net for borrowers
More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. ...
Hor Kimsay
http://www.phnompenhpost.com/business/credit-life-insurance-provides-safety-net-borrowers
Watchdog eyes telecom, ISP licenses
The Telecom Regulator of Cambodia (TRC) has called on 34 telecom operators and Internet service providers (ISPs) to submit their business performance reports by the end of this month to ensure they are in compliance with their licensing agreements, officials said yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/17944/watchdog-eyes-telecom--isp-licenses/
Police ordered to inspect private ambulance licenses
National Police and National Military Police have been ordered by the Health Ministry to inspect the licenses of all private ambulances, which are often seen fighting for business at the scene of traffic accidents before charging exorbitant prices for their services. ...
Ben Sokhean
https://www.cambodiadaily.com/news/police-ordered-to-inspect-private-ambulance-licenses-104535/
Preah Sihanouk officials meet over beach compensation plan
Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ...
IMF: Cambodia should improve
The International Monetary Fund (IMF) said yesterday that Cambodia should improve its business climate and enhance competitiveness by upgrading infrastructure, improving the quality of labor, and strengthening governance as China changes its trade pattern by moving up the value chain. ...
May Kunmakara
http://www.khmertimeskh.com/news/29487/imf--cambodia-should-improve/
MoU signed with China
The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/29595/mou-signed-with-china/