Market Shop Owners Try to Prevent Eviction
Vendors in Phnom Penh’s Ngin An market are protesting a government-backed bid by the market’s new owner to push them out by tomorrow. More than 40 representatives of 223 vendors waved a banner at the market yesterday to protest a letter from Russey Keo District Hall ...
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
Garlic leaves are a boon for farmer
Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...
http://www.phnompenhpost.com/business/garlic-leaves-are-boon-farmer
Cambodia garment sector has Asia's highest rate of unionization
Cambodia’s garment sector has the highest rate of unionization of any industry in Asia, Cambodia Federation of Employers and Business Associations Van Sou Leng said Tuesday. “Major efforts are needed to improve the quality of workplace relations,” Van said in a statement posted on the Camfeba ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDA0NmM5MWU5YjN
Exports to Japan see a big jump
Cambodia’s exports to Japan increased sharply by 39 per cent over the first three months of 2014 compared to the same period last year, according to data from the Japan External Trade Organization (JETRO). Total exports reached more than $178 million at the end of March, ...
May Kunmakara
http://www.phnompenhpost.com/business/exports-japan-see-big-jump
U.S. business executives eye investment potential in Cambodia
More than a dozen of American company representatives are visiting Cambodia to look into investment opportunities, a Cambodian spokesman said Thursday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/04/c_133621460.htm
Announcement on the entry into force of the sub-decree on requirements and procedures for business combinations.
On 4 August 2023, the Ministry of Commerce issued an announcement on the entry into force of the sub-decree on requirements and procedures for business combinations.The sub-decree on requirements and procedures for business combinations has been approved by the Royal Government of Cambodia on 6th ...
Ministry of Commerce
Nearly 30,000 firms with $8.6B capital register on OBRS
Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/nearly-30000-firms-86b-capital-register-obrs
Digital system boosts business registrations
Over 31,000 businesses, boasting a combined capital exceeding $8.9 billion, have successfully completed their registration through the Online business Registration System (OBRS) via its IT Platform phase 1. ...
Hin Pisei
https://www.phnompenhpost.com/business/digital-system-boosts-business-registrations
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Start-ups rely too much on self-funding
Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...
http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html
Trade with Thailand increases
Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...
http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html
GMAC head sets clothing export goal
Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia [GMAC] President Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he said. ...
BBAC event set to lure British firms
The number of British companies operating in the country is expected to increase in the coming years, as the British Business Association of Cambodia (BBAC) gears up to chair the Kingdom’s first Britain in Southeast Asia conference next month. The conference, which is set to draw ...
US signs over $65m in aid, but no sign of donor meeting
The government and the US Embassy yesterday signed off on half the nearly $65 million the US is giving Cambodia in aid this year, more than two months after Cambodia cancelled a major meeting with its foreign donors that was scheduled for November. Held roughly every ...
Hu to Visit Cambodia Just Before Asean Summit
Chinese President Hu Jintao will pay an official state visit to Cambodia between March 30 and April 2, a trip that will coincide with the Asean-European Union Business Summit and will finish just one day before the annual Asean summit commences in Phnom Penh, an ...
Women run Cambodia's street economy: report
Women make up the majority of street vendors selling food, clothes and a range of other retail goods across Cambodia, a new report in the peer-reviewed International Journal of Business has revealed. Using data from Cambodia’s economic census, researchers Nobuo Hirohata and Kazuhiro Fukuyo, from Yamaguchi ...
Cristina Maza
http://www.phnompenhpost.com/national/women-run-cambodias-street-economy-report
Companies pledge to put worker rights before profits
Representatives of the private sector and rights groups met yesterday at a forum on business and human rights to discuss how Cambodia’s growing industry can protect the rights of its workers. ...
Chea Takihiro
http://www.khmertimeskh.com/news/17249/companies-pledge-to-put-worker-rights-before-profits/
Local gold sales spike following Brexit vote
Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry sector. ...
Chea Vannak
http://www.khmertimeskh.com/news/34342/japanese-investment-in-light-industry-desired/