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The Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. The agreement also presents opportunities for value-added investments in Cambodia’s downstream processing industries through a ‘plus one business model’, in which South Korean companies could expand ...

Khmer Times Staff
https://www.khmertimeskh.com/501090924/the-cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/

ASEAN sec-gen applauds implementation of RCEP

ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/asean-sec-gen-applauds-implementation-rcep

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

Cambodia earns $34.35 million e-commerce VAT from Facebook

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

Kang Sothear ​
https://www.khmertimeskh.com/1354671/cambodia-earns-34-35-million-e-commerce-vat-from-facebook/

Dr Hun Manet encourages Pfizer to continue finding investment opportunities in Cambodia

Prime Minister of the Kingdom of Cambodia, Dr Hun Manet has encouraged Pfizer to continue to find investment and business opportunities in Cambodia and promote relations with stakeholders, especially the Ministry of Health of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501366584/dr-hun-manet-encourages-pfizer-to-continue-finding-investment-opportunities-in-cambodia/

E-commerce market critical to Cambodia, CWEA says

The Cambodian Women Entrepreneurs Association (CWEA) said that e-Commerce in Cambodia is set to grow rapidly with the ease of doing business in the Kingdom. Entrepreneurs explained that the e-commerce sector has boomed in the country in recent years thanks to the rapid development of ...

Sok Sithika
https://www.khmertimeskh.com/501148275/e-commerce-market-critical-to-cambodia-cwea-says/

Deal signed to stimulate rice exports to Mongolia

A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...

Prak Chan Thul
https://kiripost.com/stories/deal-signed-to-stimulate-rice-exports-to-mongolia

Government approves new draft law on taxation

The Cambodian government on Friday approved a new draft taxation law which is said to contribute to promoting and enhancing the Cambodian business sector, increase the favorable investment environment, and strengthen fiscal compliance. ...

Chea Vanyuth
https://www.khmertimeskh.com/501266503/government-approves-new-draft-law-on-taxation/

Gold Mining Reporting Must Be More Open: NGOs

On Dec. 20, the Fair Finance Coalition, the NGO Forum on Cambodia (NGOF), and Oxfam in Cambodia issued studies on gold mining businesses at six locations in Preah Vihear, Ratanakiri and Mondulkiri provinces. ...

Lay Sopheavotey
https://cambodianess.com/article/gold-mining-reporting-must-be-more-open-ngos

Ministry discuss digital government initiatives

The Ministry of Interior convened a meeting to discuss challenges and gather insights related to the digital government initiative, in anticipation of their scheduled assembly of the Digital Economy and Business Committee (DEBC) on October 27. ...

Post Staff
https://www.phnompenhpost.com/national/ministry-discuss-digital-government-initiatives

$5.18B disbursed as wages by registered firms in 2023

Businesses and factories registered with the Ministry of Labour and Vocational Training (MLVT) paid $5.18 billion as wages last year, according to Prime Minister Hun Manet, yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501437084/5-18b-disbursed-as-wages-by-registered-firms-in-2023/

Cambodia could fall short on rice seeds

Cambodia may fall short on the domestic demand for purified rice seedlings, which could dampen rice exports, government officials have said. Ouk Makara, director of the Cambodian Agricultural Research & Development Institute (CARDI), said that businesses have been increasingly eager to purchase purified seeds from the ...

http://www.phnompenhpost.com/index.php/2012021654544/Business/cambodia-could-fall-short-on-rice-seeds.html

Mining revenues questioned

The Ministry of Industry, Mines and Energy earned US$1.52 million in non-tax revenues in 2011, a figure that an opposition lawmaker said was far lower than the actual revenues brought in on mining licences. The intake was more than 15 per cent higher than in 2010, ...

http://www.phnompenhpost.com/index.php/2012032255187/Business/mining-revenues-questioned.html

Anti-tank mine explosion kills two

A bomb explosion on Thursday killed two of three “unlicensed” men who were hired to carry out mine clearance in O’Svay commune, in Oddar Meanchey province’s Trapaing Prasat district. District police chief In Kay said the villagers had collectively hired Hok Rachhan, 18, Mao Kamsot, ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/anti-tank-mine-explosion-kills-two

Yields from fishing take a dive

Exports of fresh fish and fish products fell significantly during the first nine months of the year, raising concerns about businesses and families operating in the Kingdom’s fisheries sector.Fresh and frozen fish export shipments fell 21 per cent during the first nine months of the ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/yields-fishing-take-dive

Aeonts wins Cambodia licence

The Cambodian hire-purchase subsidiary of Aeon Thana Sinsap (Thailand) or Aeonts has become the first Japanese financial firm to receive a specialised bank licence to do credit-card business in the neighbouring country, according to a statment to the Stock Exchange of Thailand Aeon Microfinance (Cambodia), ...

Darana Chudasri
http://www.bangkokpost.com/news/asean/756956/aeon-wins-cambodia-licence

The rise of millennials and implications for Phnom Penh’s real estate sector

CBRE’s 2016 report ‘Asia Pacific Millennials: Shaping the Future of Real Estate’ sheds light on millennials thinking around the themes of work, live and play. We see many of the trends observed at a regional level as being applicable to Phnom Penh’s millennials, especially in ...

James Hodge
http://www.phnompenhpost.com/post-property/rise-millennials-and-implications-phnom-penhs-real-estate-sector

Dredging licenses up for grabs

The government has granted contracts to three unnamed private companies to invest in dredging operations along parts of the , but is withholding the companies’ names and information on the specific areas for the large-scale projects. Lim Kean Hor, the Minister of Water Resources and Meteorology, told ...

http://www.phnompenhpost.com/index.php/2012090558508/National-news/dredging-licences-up-for-grabs.html

Southwest border flooded with contraband

The southwestern areas along the Vietnam – Cambodia border are now in their usual busy time of the year, with smuggled goods entering the country with near impunity. Most of the markets in the Mekong Delta are flooded with various contraband products, mostly brought from China ...

http://tuoitrenews.vn/cmlink/tuoitrenews/business/southwest-border-flooded-with-contraband-1.97203

Higher costs forcing Chinese firms to relocate to Southeast Asia

China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said Buyers have “turned their eyes to manufacturers from Southeast Asian countries”, ...

http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html

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