Sihanoukville aims to reform tourism landscape
Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...
Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape
Interior Minister says Preah Sihanouk boom could hit sea’s health
Interior Minister Sar Kheng on Wednesday claimed the recent influx of Chinese visitors to Preah Sihanouk province was raising concerns over the condition of ecosystems on the Kingdom’s coast. Speaking during a ceremony to appoint leaders to posts at both the National Authority for Combating ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/interior-minister-says-preah-sihanouk-boom-could-hit-seas-health
Rural road work continues to boost livelihoods
The Rural Development Ministry last year paved more than 40,000 kilometres of roads in rural areas to accommodate business travel. According to the ministry’s annual report, in 2018 ministry officials worked with development partners to pave 39,045 kilometres of dirt road, 165 kilometres of asphalt ...
Sen David
https://www.khmertimeskh.com/50574457/rural-road-work-continues-to-boost-livelihoods/
‘Life goes on’ if Cambodia loses Everything But Arms
Cambodia’s business sector is exploring ways to mitigate any fallout from a possible loss of access to the EU’s Everything But Arms (EBA) agreement as talks continue before the 28-member bloc makes a final decision. The EU monitoring process is set to conclude in mid-August, ...
Husain Haider
https://www.phnompenhpost.com/national/life-goes-if-cambodia-loses-everything-arms
PM: Utility bill to be separated
Prime Minister Hun Sen on Tuesday ordered that waste collection fees be removed from electricity invoices issued by Cambodian national utility company Electricite du Cambodge (EdC). The decision will take effect from January. The move came a day after the government revoked the business licence ...
Long Kimmarita
https://www.phnompenhpost.com/national/pm-utility-bill-be-separated
Change of the guard
With the ASEAN Economic Community (AEC) expected to intensify business competition across the region, Thailand’s biggest industrial conglomerate expects to rise to the challenge under a new leader.Kan Trakulhoon is retiring as president and chief executive of Siam Cement Group (SCG) after a decade at ...
Nareerat Wiriyapong
http://www.bangkokpost.com/business/news/808916/change-of-the-guard
Turkish brands seek expansion in Cambodia
Turkish cosmetics brands looking to push further into the Southeast Asian market have met in the Cambodian capital, an embassy official said Wednesday. A joint economic commission was also set up that month by Cambodian Commerce Minister Sun Chanthol and Turkey’s Minister for Science, Industry ...
Lauren Crothers
http://aa.com.tr/en/turkey/turkish-brands-seek-expansion-in-cambodia/484526
Microfinance success stories from the countryside
When Chheung Rattana was married a few years ago, the only thing she and her new husband inherited from their families was a small plot of land to grow rice on. It was a tough start for the newlyweds, who decided that the only way ...
May Kunmakara
http://www.khmertimeskh.com/news/22923/microfinance-success-stories-from-the-countryside/
Postal service to launch e-commerce
The state-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity. Ork Bora, director-general of the Cambodia Post, told Khmer Times yesterday that after about a year of studying e-commerce, the state-owned enterprise decided ...
May Kunmakara
http://www.khmertimeskh.com/news/33904/postal-service-to-launch-e-commerce/
PTT prepares 800 million baht for expansion into Cambodia, Laos
The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...
Cambodia Least Competitive in Region on Global Index
Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...
http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html
Factory Workers Continue to Strike for Higher Wages
About 4,000 garment workers from factories that produce clothing for international brands H&M, Gap and Levi Strauss continued protesting yesterday in Phnom Penh for higher wages, union representatives said. Singaporean-owned SL Garment Processing (Cambodia) Ltd. parked three large trucks in front of their Meanchey district factories ...
BoC is set to expand after rapid growth
Having seen rapid growth since launching in Cambodia two years ago, the Bank of China (BoC) plans to expand its business operations here. According to a Xinhua report, BoC’s deputy governor Zhu Shuming said during his visit to Cambodia last Friday that its local operations have ...
http://www.phnompenhpost.com/2013042265138/Business/boc-is-set-to-expand-after-rapid-growth.html
Cambodian traders urged to attend upcoming Macau Exhibition
Ministry of Commerce appealed to the Cambodian traders to join the upcoming Macau International Exhibition to promote their products and find business partners. The appeal was made following the Macau Trade and Investment Promotion Institute (IPIM), which announced that it would hold 2014 Macau International Environmental ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjc0YjA2Nzk3NjU
Angkor ready for surge of tourists
Siem Reap hotel operators are preparing for a deluge of tourists this Khmer New Year season the likes of which is not often seen, tourism officials say. Chheuy Chhorn, deputy director of Siem Reap’s tourism department, said after attracting 170,000 visitors to the first annual Angkor ...
Hor Kimsay
http://www.phnompenhpost.com/business/angkor-ready-surge-tourists
Online registration option to be rolled out to SMEs
The Ministry of Industry and Handicraft will introduce an online registration platform for Cambodia’s small- and medium-sized enterprises (SMEs) this year, a ministry official confirmed yesterday. Heng Sok Kong, secretary of state at the ministry, said the new software for web registration was built in partnership ...
Annie Lee
http://www.phnompenhpost.com/business/online-registration-option-be-rolled-out-smes
CNRP to hold 5,000-member conference this month
The opposition CNRP will host a conference in Phnom Penh on July 27 with 2,000 members of its National Council along with about 3,000 elected commune councilors, according to a statement issued by the party Wednesday. “Although the leaders are busy visiting and helping the people ...
Mech Dara
http://www.cambodiadaily.com/news/cnrp-to-hold-5000-member-conference-this-month-63735/
Tax regulation gets a shake up
In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...
Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup
Lottery firm hopes that second bet is a charm
Malaysian-backed 5D Pan Cambodian Lottery yesterday announced an official return to operations after a failed start-up in the Kingdom five years earlier. The company, who first announced in 2010 that it would start business in Cambodia, declined to detail yesterday why it did not get off ...
Hor Kimsay
http://www.phnompenhpost.com/business/lottery-firm-hopes-second-bet-charm
Special tax on QIP rolled back
The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...
Charles Rollet
http://www.phnompenhpost.com/business/special-tax-qip-rolled-back