Preah Sihanouk provincial governor Kuoch Chamroeun warned he would revoke the business licences of water companies that do not collaborate with relevant officials to expand their reservoirs. ...

According to Japan’s The Mainichi News, the company, a renewable energy producer Aura Green Energy Co. has teamed up with another Japanese partner to launch a hybrid power generation business in 2021, with the aim of securing the country’s power supply stability. ...

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

Cambodia is at risk of “getting left behind” if it doesn’t invest more in a digitally skilled workforce as local companies look to improve their business process and customer experience through “digital transformation”, according to a panel discussion on an industrywide survey. ...

The Ministry of Economy and Finance (MEF) together with the Techo Startup Centre and relevant stakeholders yesterday launched an inception workshop to disseminate information about a rural challenge and to discuss expectations of its intended digital platform under the Sustainable Assets for Agriculture Markets, Business ...

As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...

The high-rate of special tax of 10-25 percent on oil for production is one of the burdens facing the advancement of manufacturing industries in Cambodia that have a target to increase added-value by using machinery in the production chain, according to the Japanese Business Association ...

Cambodia continues to face a multitude of challenges as digital payments and solutions graduate from a niche business to a key segment in the Kingdom’s development strategy, according to National Bank of Cambodia (NBC) assistant governor Chea Serey on March 17. ...

Century Entertainment has confirmed the opening target  and relocation  of a new casino to Dara Sakor. The project had been delayed since January. The delay was down to pandemic related business conditions including logistics problems in the delivery of essential equipment.   ...

CAMBODIA’s financial sector will not face a shortage of cash to lend to local enterprises and accelerate business anytime soon, according to Association of Banks in Cambodia (ABC) president In Channy. ...

The Cambodia Pepper and Spices Federation (CPSF) in collaboration with USAID-funded Feed the Future Cambodia Harvest II “Harvest II” launched on Monday the “Virtual Export Mission to the Middle East and North Africa”, a new digital export programme aiming to provide significant assistance and expertise ...

Officials from of the General-Directorate of Consumer Protection, Competition and Fraud Prevention (CCF) inspected fuel businesses at 101 locations nationwide and revealed 46 sellers had cheated customers by selling regular fuel as super gasoline. ...

The far too frequent inspections of mining sites by the different sets of authorities and exceedingly high costs of the equipment required to supply electricity to mining- and energy-related businesses remain a couple of the predominant issues hobbling the sector. ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) plans to waive collateral requirements for new loans to qualifying local small- and medium-sized enterprises (SME) soon, to reduce the barriers and obstacles that limit their access to the necessary cash to fund ...

Cambodia was among the Greater East Asian countries hardest hit by the Covid-19 pandemic. However meaningful steps to spur domestic investment, greater productivity among businesses and workers, and a more diversified export portfolio will be key to regain sustained economic growth, according to the World ...

The scale of progress in the Kingdom’s digital infrastructure has played a critical role in boosting the country’s growth potentials, senior telecom executives told a visiting delegation of Singapore Business Federation (SBF) on Thursday as they visited Huawei Cambodia office at Exchange Square. ...

The Ministry of Economy and Finance (MEF) and Credit Guarantee Corporation of Cambodia Plc (CGCC) are encouraging banks and microfinance institutions (MFI) to use credit guarantee mechanisms to boost financial inclusion and help expand small- and medium-sized enterprises (SME) by issuing loans to businesses that ...

Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...

The BambooShoot Foundation is looking for companies, philanthropists or business associations that will exchange more than 10 tonnes of plastic waste from the Tonle Sap Lake for 3.5 tonnes of rice. The NGO wants to use the rice to reward the 350 families from Peam ...

All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, ...