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Kith Meng company secures timber release

Customs officers have released a pair of trucks that local officials said were seized late last month while being used to smuggle timber belonging to business mogul Kith Meng into Vietnam in breach of a government ban, according to police. ...

Aun Pheap
https://www.cambodiadaily.com/news/kith-meng-company-secures-timber-release-128163/

High demand for Chinese speakers

Chinese language skills are in growing demand from companies looking to hire in Cambodia’s job market as China’s influence in the Kingdom is increasingly felt both in the business and tourism sectors, online job portal Everjobs said yesterday. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/high-demand-chinese-speakers

Assembly gives thumbs up to anti-dumping measures

The National Assembly yesterday passed a trade remedy law that aims to protect and help local and foreign businesses by introducing anti-dumping measures that prevent the “dishonest” import of goods and produce from neighbouring countries, according to a press release. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/assembly-gives-thumbs-anti-dumping-measures

ACLEDA capitalises for growth

ACLEDA Bank, the largest locally owned commercial bank in Cambodia, said it has raised its current registered capital by $72.5 million, to $185.6 million, for business expansion domestically and internationally. It is the tenth time the bank has done so. ...

http://www.phnompenhpost.com/2013052365788/Business/acleda-capitalises-for-growth.html

Land, insecurity linked: report

Rampant land grabs, economic land concessions and a disastrous land-titling program have fostered an environment of insecurity for Cambodia’s most marginalised citizens, according to a new report, which argues that the Kingdom needs to rethink its current business-centric development model. ...

Ethan Harfenist
http://www.phnompenhpost.com/national/land-insecurity-linked-report

Amid slow sales, some Aeon tenants leave mall

Less than 10 months after the $200-million Aeon Mall opened its doors to Phnom Penh’s consumers, at least seven tenants at Cambodia’s largest shopping center have shuttered their businesses, complaining of disappointing foot traffic, construction disturbances and overly thrifty patrons. ...

Anthony Jensen and Kang Sothear
https://www.cambodiadaily.com/business/amid-slow-sales-some-aeon-tenants-leave-mall-82423/

Doroshenko’s son sued over $250k bribery claim

A lawyer for Russian developer Sergei Polonsky has filed a complaint with the Preah Sihanouk Provincial Court accusing the son of his former business partner of defamation for disseminating a letter that claims Mr. Polonsky paid officials $250,000 to imprison his father. ...

Aun Pheap
https://www.cambodiadaily.com/news/doroshenkos-son-sued-over-250k-bribery-claim-82700/

Paychecks aplenty as ghosts haunt Cambodia's lax bureaucracy

Borith has been on the payroll of Cambodia’s parliament for 15 years but rarely shows up for work. He is busy with his other job at a non-governmental organization, and no one notices his absence. ...

Prak Chan Thul
http://www.reuters.com/article/2015/07/23/us-cambodia-corruption-idUSKCN0PX2MI20150723

Senior police official denies corruption

The deputy Phnom Penh police chief in charge of immigration has denied accusations of overseeing a network of corrupt officers who regularly extorted foreigners running businesses in the city, according to a statement released by the Anti-Corruption Unit (ACU) on Thursday. ...

Kuch Naren
https://www.cambodiadaily.com/news/senior-police-official-denies-corruption-91101/

Minister of Information: the draft Law on Access to Information is for all

Information minister Khieu Kanharith said the law on Access to Information has been drafted to serve not only the journalists, but it’s for all Cambodians as well as foreigners working and doing business in Cambodia. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/minister-of-information:-the-draft-law-on-access-to-information-is-for-all-8856

Sand dredging deja-vu

They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...

http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html

Future Telecommunications Regulator Will Face Challenges

A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...

Barriers block streets, customers

Security barricades and razor-wire installations set up around Phnom Penh yesterday were supposed to maintain order as the opposition Cambodia National Rescue Party kicked off what it promised to be three days of mass protests. But the show of force and control had more of an ...

Post Staff
http://www.phnompenhpost.com/business/barriers-block-streets-customers

‘Millions’ to be made off energy efficiency

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/%E2%80%98millions%E2%80%99-be-made-energy-efficiency

Taxi Drivers Hold Rally Against Electric Cars

Motorcycle-taxi and tuk-tuk drivers led a motorized rally of about a thousand people through Siem Reap City on Wednesday to call for lower petrol prices and a ban on the use of electric cars in the Angkor Archaeological Park. The rally, organized by the Phnom Penh-based ...

Mech Dara
http://www.cambodiadaily.com/news/taxi-drivers-hold-rally-against-electric-cars-49857/

VisionFund empowering rural women

VisionFund Cambodia, which took root in the Kingdom in 2003 as the result of a partnership with global NGO World Vision, aims to empower women and their families with small loans and other financial services, in additional to bolstering the education available for poor children ...

Moeun Nhean
http://phnompenhpost.com

China giant looks to Kingdom

Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...

http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

Kingdom boasts less time to file trademark

While still relatively small, the number of trademark applications has grown in Cambodia and the country’s low volume means that the Kingdom boasts among the fastest times in Southeast Asia for registering a trademark, a government adviser told a business workshop yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/kingdom-boasts-less-time-file-trademark

CAMFOOD expo set to bring in foreign goods

The fifth annual CAMFOOD and CAMHOTEL expo is scheduled for October 22 and will mostly feature foreign companies, giving local companies the opportunity to learn from foreign business practices as well as showcase their own products, industry leaders announced yesterday.   ...

Ayanna Runcie
http://www.phnompenhpost.com/business/camfood-expo-set-bring-foreign-goods

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