Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
AI making new waves to policymaking challenges
Artificial Intelligence (AI) is capable of creating a new wave of challenges before the policymakers, opined a subject expert, highlighting the need for great caution amid governments, businesses and individuals facing increased cyber security risks. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501348542/ai-making-new-waves-to-policymaking-challenges/
E-commerce tax earnings hit $52.2M in first 8 months
Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-tax-earnings-hit-522m-first-8-months
New investment law entices Hong Kong investors
Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-investment-law-entices-hong-kong-investors
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
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Accredited lab to boost food safety nationwide
The Laboratory of Environment and Food Safety (LEFS) at Institut Pasteur du Cambodge (IPC), is now accredited for food microbiology testing, enabling it to further assist food processing businesses to identify potential food safety hazards and improve the safety and quality of food products. ...
Prak Chan Thul
https://kiripost.com/stories/accredited-lab-to-boost-food-safety-nationwide
Kampong Speu governor courts investors in Hong Kong
Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...
Van Socheata
https://www.phnompenhpost.com/business/kampong-speu-governor-courts-investors-hong-kong
CDC pitches ‘Plus One’ to Japan investors
A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-pitches-plus-one-japan-investors
Cambodia to benefit from China’s commitment to free trade and sharing its large domestic market with the world
China’s broader push for its pathway to modernization has fueled expectations that the nation will bring more opportunities and create a dynamic of growth that will deliver wide-ranging benefits for the world, according to business leaders and analysts. ...
Khmer Times Staff
https://www.khmertimeskh.com/501213673/cambodia-to-benefit-from-chinas-commitment-to-free-trade-and-sharing-its-large-domestic-market-with-the-world/
Vietnam steps up trade promotion in Cambodia
The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501304682/vietnam-steps-up-trade-promotion-in-cambodia/
Cambodia, Pakistan mull joint trade-body committee
Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...
Van Socheata
https://www.phnompenhpost.com/business/cambodia-pakistan-mull-joint-trade-body-committee
Ministry, tourism firm talk ‘sustainable’ trips
The Ministry of Environment held a March 22 press conference with tourism firm All Dreams Cambodia on the protection of the Kingdom’s natural resources and sustainable development that is resilient to climate change in conjunction with private tourism-linked businesses. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/ministry-tourism-firm-talk-sustainable-trips
Real estate firm behind first ‘gold bond’ books solid 2022
Golden Tree Co Ltd (GT), the real estate firm behind the Kingdom’s first green bond, reported sound business performance last year, amid economic stress stemming from the Ukraine conflict and prolonged Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/real-estate-firm-behind-first-gold-bond-books-solid-2022
Phnom Penh Water Supply Authority to meet clean water demand
The Phnom Penh Water Supply Authority, under the Ministry of Industry, Science, Technology and Innovation, is expanding the capacity of water supplies and building new water treatment plants to meet the increasing demand for pipe water as urbanisation development and business activities rise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501249575/phnom-penh-water-supply-authority-to-meet-clean-water-demand/
Workers given three paid days off to vote
The Ministry of Labor and Vocational Training has announced that private businesses and employers will allow their staff a paid three-day leave to return to their home provinces and vote in the upcoming National Election. ...
Ponlue Pok
https://kiripost.com/stories/cambodia-workers-given-three-paid-days-off-to-vote
Cambodian PM lauds WEF’s role in boosting public-private cooperation
Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397414/cambodian-pm-lauds-wefs-role-in-boosting-public-private-cooperation/
Strengthening resilience key to coping with crises
An in-depth study into the impact of Covid-19 on tourism-related businesses in Siem Reap has revealed that while solid networks helped strengthen resilience, existing debts and the structure of the labor system hampered it. ...
Yatt Malai
https://kiripost.com/stories/strengthening-resilience-key-to-coping-with-crises
MoT, SME Bank launch financial scheme to help tour operators in SR
The Ministry of Tourism (MoT) in collaboration with the Small and Medium Enterprise Bank of Cambodia (SME Bank) early this week launched financial schemes aimed at providing tourism business owners to develop or expand their operations in Siem Reap province. ...
Nhean Chamrong
https://www.khmertimeskh.com/501468046/mot-sme-bank-launch-financial-scheme-to-help-tour-operators-in-sr/
Info ministry urges ethical practices in journalism, media
The Ministry of Information has reiterated calls for news writers and media outlets to uphold and adhere to editorial principles, emphasising their role in fostering the professional values of Cambodian journalism, following the ministry’s revocation of a media group’s business license for “serious breaches of ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/info-ministry-urges-ethical-practices-in-journalism-media