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Credit guarantees to SMEs reach nearly $140 million

The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $139.5 million to businesses for their working capital expansion as of July 2023. ...

Chea Vanyuth
https://www.khmertimeskh.com/501346090/credit-guarantees-to-smes-reach-nearly-140-million/

Cambodia & UK sign MoU to strengthen trade relations

Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties  ...

Khmer Times Staff
https://www.khmertimeskh.com/1298940/cambodia-uk-sign-mou-to-strengthen-trade-relations/

Korean businessmen keen on Cambodia’s investment environment

Cambodian Ambassador to Korea ChringBotumrangsay shared candid insights on the burgeoning bilateral relations, highlighting the economic synergy between the two nations at a business investment event on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501411620/korean-businessmen-keen-on-cambodias-investment-environment/

MISTI collects private sector inputs to strengthen MSME in industry 4.0

The Ministry of Industry, Science, Technology and Innovation (MISTI) organised a consultation workshop on “Business Skills Requirements in the Age of Industry 4.0,” on Wednesday. .. ...

Khmer Times Staff
https://www.khmertimeskh.com/501566127/misti-collects-private-sector-inputs-to-strengthen-msme-in-industry-4-0/

Social development
https://www.flickr.com/photos/worldbank/8758052647/in/photolist-em25EC-em25kN-ekViVH-ekVjd6-ekVjng-em263q-em25sh-ekVj8H-em266E-ekViYD-ekVjhp-em25pq-em26a9-5cWAHN

A trained medical staff listens to the heartbeat of an infant at 16 Makara hospital in Preah Vihear, Cambodia. Photo by The World Bank, taken on 30 January 2013. Licensed under CC BY-NC-ND 2.0.Social development addresses profound social problems,1 especially poverty, unemployment and social exclusion, ...

Specter of Typhoon Approaching Raises Fears of More Floods

As monthlong flooding that has so far left 122 dead slowly subsides, officials and relief agencies were on Sunday concerned that a powerful typhoon approaching Vietnam may bring more heavy rain and the risk of more floods to provinces where tens of thousands of families ...

Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/specter-of-typhoon-approaching-raises-fears-of-more-floods-45003/

Announcement on the continuation of the Implementation of the Social Accountability Framework (I-SAF) at the municipal/district/khan level on service delivery (commune/sangkat administration, primary schools and health centers) and I-SAF Phase II at municipal/district/khan administration of the capital city and provinces

On 22 April 2020, the National Committee for Sub-national Democratic Development (NCDD) issued an announcement on the continuation of the Implementation of the Social Accountability Framework (I-SAF) at the municipal/district/khan level on service delivery (commune/sangkat administration, primary schools and health centers) and I-SAF Phase II ...

National Committee for Sub-national Democratic Development

Download: pdf

Matthew Warren
matt

Santa Clara UniversityLegal Research Intern, Jun – Jul 2013Matt is from Santa Clara University School of Law in the USA. He came to ODC after his first year, and he prepared a draft briefing paper on Cambodia’s legal framework for investment, as well as a ...

Foreign banks eye Kingdom's prospects

Two more Vietnamese banks have announced they will apply for licences to operate in Cambodia, according to media reports. If accepted, Maritime Bank and Saigon-Hanoi Commercial Bank (SHB) would bring the number of Vietnamese banks in Cambodia to six, National Bank of Cambodia officials said yesterday. Experts ...

http://www.phnompenhpost.com

Thai agro-processing plant nears completion

BETAGRO Group, one of Thailand’s largest integrated agro-industry businesses, announced this week that its US$16.3 million animal feed plant in Cambodia is 95 percent complete. The plant, 12 kilometers from Phnom Penh, will initially produce 12,000 tonnes of animal feed per year, but that number ...

http://www.phnompenhpost.com/index.php/Business/

PM vows to ‘protect’ Chinese interests

Prime Minister Hun Sen on Tuesday told Chinese companies investing in Cambodia not to worry about contract cancellation in the Kingdom. Speaking at a roundtable meeting with business executives in China as co-chair of the China-Asean Expo, the prime minister told six Chinese conglomerates with ...

Meas Sokchea
https://www.phnompenhpost.com/national/pm-vows-protect-chinese-interests

Kratie authorities crack down on illegal mining

Specialists from the Kratie provincial Department of Mines and Energy cracked down on an illegal mining site in O’Tron area, Sambor district again last week. The operation was carried out after a complaint from Chinese company Hing Yuan Hanng Yeak Co Ltd. Local authorities said ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kratie-authorities-crack-down-illegal-mining

Kingdom sees 69 factories open

Cambodia’s garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report. Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdom-sees-69-factories-open

International buyers concerned over labour and human rights situation

A group of international businesses in the garment industry have expressed concern over the labour and human rights situation in the country. On Thursday, the group – which includes Nike, Adidas, and Levi Strauss – sent a letter to Prime Minister Hun Sen pleading with ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50600703/international-buyers-concerned-over-labour-and-human-rights-situation/

ADB approves $60 million loan for skills training

Asian Development Bank yesterday approved a $60 million loan to Cambodia to boost labor skills and competitiveness and help the government’s efforts to transit the economy into a skills-driven one. Cambodia is ranked 110th out of 140 economies in the 2018 Global Competitiveness Report, based on ...

May Kunmakara
https://www.khmertimeskh.com/50617576/adb-approves-60-million-loan-for-skills-training/

Timber firms face action

The government has said it will revoke the business licences and immediately halt the operations of five companies in Mondulkiri province’s Koh Nhek district if they are found to be involved in forestry crimes. The warning came as authorities probe the companies’ alleged involvement in logging ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/timber-firms-face-action

Singapore’s Ascott moves into Phnom Penh

CapitaLand’s wholly owned serviced residence business unit, Ascott Limited, has entered the Cambodian market with a contract to manage Somerset Norodom Phnom Penh, the company announced on Friday.“With our entry into Cambodia, Ascott is now present across nine out of 10 countries in ASEAN,” Ascott ...

Sum Manet
http://www.khmertimeskh.com/news/17144/singapore---s-ascott-moves-into-phnom-penh/

Trade fair to cement India-Cambodia ties

In order to further promote trade between India and Cambodia, Phnom Penh will host an Indian trade fair next month, the Commerce Ministry announced. Organized in collaboration between the Indian and Cambodian chambers of commerce, the event is intended to further develop ties between businesses in ...

Chea Vannak
http://www.khmertimeskh.com/news/28743/trade-fair-to-cement-india-cambodia-ties/

Wing to handle gov’t fees

In an effort to increase transparency and accuracy, the payment of fees for government services such as business and vehicle registration, and taxes in the future, is now being handled by Wing Specialized Bank, the Commerce Ministry announced yesterday. A memorandum of understanding (MoU) was signed ...

May Kunmakara
http://www.khmertimeskh.com/news/29819/wing-to-handle-gov---t-fees/

Direct Japan fights start

Landing at 3:10pm yesterday, the All Nippon Airways (ANA) Boeing 787-8 marked the first direct flight between Tokyo and Phnom Penh in seven years. The daily service will make for a much shorter – and hassle free – journey, and boost business and tourism, officials said ...

Sum Manet
http://www.khmertimeskh.com/news/29258/direct-japan-flights-start/

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