NBC introduces overnight lending facility
The National Bank of Cambodia (NBC) has introduced a marginal lending facility (MLF) to address the short-term liquidity needs of banking and financial institutions in emergency situation to carry out their business operations. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-introduces-overnight-lending-facility
Telegram bot created for tourism data control
The Ministry of Tourism has created a Telegram bot and invited tourism operators and business owners to register employees on the application who have been vaccinated against the novel coronavirus. ...
May Kunmakara
https://www.phnompenhpost.com/business/telegram-bot-created-tourism-data-control
Siem Reap, Kampong Speu lift Covid restrictions
The Siem Reap Provincial Administration has lifted the 9pm-3am curfew throughout the province after a decrease in the rate of new Covid-19 cases. Kampong Speu province similarly decided to lift restrictions and reopen businesses. ...
Lay Samean
https://www.phnompenhpost.com/national/siem-reap-kampong-speu-lift-covid-restrictions
Industry ministry rolls out KhmerSME information portal
The Ministry of Industry, Science, Technology and Innovation has rolled out the KhmerSME website to provide micro-, small- and medium-sized enterprises (MSME) access to comprehensive business information, as well as ASEAN and global markets. ...
May Kunmakara
http://phnompenhpost.com/business/industry-ministry-rolls-out-khmersme-information-portal
Tax breaks to be extended beyond reopening
The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-breaks-be-extended-beyond-reopening
Aeon set to build international logistics hub
AEON Mall (Cambodia) Co Ltd’s first “multifunctional logistics business centre” is set to break ground early next month and start operations next year, in a special economic zone (SEZ) near Sihanoukville Autonomous Port (PAS), according to a port source with knowledge of the matter. ...
Hom Phanet
https://www.phnompenhpost.com/business/aeon-set-build-international-logistics-hub
SME Bank disburses $54M loans to tourism related biz
A total of $54 million in loans have been disbursed to tourism-related businesses through the state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank)’s Tourism Recovery Co-Financing Scheme as of July this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501337906/sme-bank-disburses-54m-loans-to-tourism-related-biz/
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
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/