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Moody's says debt is stable, open to risk

Ratings agency Moody’s kept the outlook on Cambodia’s government debt at stable, though the firm said that the risk of default was still high and had raised concerns over the country’s ability to manage its finances. In a report released on Sunday, Moody’s said that Cambodia’s ...

Internet Cafes, Phone Kiosks Told to Install Security Cameras

The government has instructed the owners of all venues providing Internet and telephone access to the public to install security cameras on their premises to record the identity of users in an effort to crack down on terrorism and cyber-crime, states a government directive obtained ...

Myanmar’s economic promise no threat to investment here: experts

Myanmar’s moves toward economic and political reform would not subtract from Cambodia’s regular stream of foreign investment, experts and insiders said – at least not in the short run. Word of an investor-friendly Myanmar has spread quickly with the US’s partial waiver on trade sanctions in ...

http://www.phnompenhpost.com/index.php/2012033055328/Business/myanmars-economic-promise-no-threat-to-investment-here-experts.html

In Cambodia, Project Alba helps farmers increase income, protect against seed raiders

In parts of rural Cambodia, farmers’ primary source of income comes from harvesting rice — once a year. This is a poor outcome compared to other ASEAN countries which harvest twice or thrice a year. To help increase farmers’ income, Victor Combal-Weiss and Guillaume Virag founded ...

http://sgentrepreneurs.com/2012/09/12/in-cambodia-project-alba-helps-farmers-increase-income-protect-against-seed-raiders/

Telecom Cambodia postpones plan to list on local bourse

State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...

http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448

Japanese Funder Blames City Hall

Japan’s aid arm, the Japanese International Cooperation Agency (JICA), which is funding a drainage project along Phnom Penh’s Street 63, said yesterday that while it was true sections of the busy road remained in a deplorable condition, responsibility lay with City Hall. “This is [a] ...

http://www.cambodiadaily.com/news/japanese-funder-blames-streets-ruin-on-city-hall-29321/

Sathapana borrows $15m for micro loans

Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...

http://www.phnompenhpost.com/business/sathapana-borrows-15m-micro-loans

PTT petrol stations filling up

Thailand’s PTT Cambodia, a subsidiary of the kingdom’s state-owned oil and gas conglomerate PTT Public Company Limited, expects to more than double the amount of petrol stations it manages in Cambodia by the end of 2017, a senior executive in the company said this week. ...

Laura Ma
http://www.phnompenhpost.com/business/ptt-petrol-stations-filling

OZ takes Renaissance scrip for cash

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/

Gov’t begins effort to send workers back to Thailand

With Thailand and Cambodia both feeling the pinch from the sudden exodus of more than 200,000 Cambodian workers out of Thailand, the two countries are now working together to try and get them back to their old jobs legally, as fast as possible. Some 225,000 Cambodians, ...

Phorn Bopha
http://www.cambodiadaily.com/news/govt-begins-effort-to-send-workers-back-to-thailand-62083/

Questions raised over land sale at lakeside

Developer Shukaku has sold off close to 1.3 hectares of land at the capital’s controversial Boeung Kak lake site to a Singapore-listed HLH Group company, according to a statement from HLH. HLH subsidiary D’Lotus Development purchased the land at Boeung Kak in Daun Penh district for ...

Chan Muyhong
http://www.phnompenhpost.com/business/questions-raised-over-land-sale-lakeside

‘Reforms sink commerce ministry’s revenue by 50%’

A reduction in red tape saw Ministry of Commerce revenue decline 50 per cent last year compared to 2018, its annual report revealed. However, it said the bureaucratic reforms would boost the Kingdom’s competitiveness. The report showed that the government had eliminated some export procedures ...

Thou Vireak
https://www.phnompenhpost.com/business/reforms-sink-commerce-ministrys-revenue-50

Only ‘legal’ SMEs to benefit from aid package: Ministry

The $800 million to $2 billion COVID-19 stimulus package announced by Prime Minister Hun Sen last month will only be given to those businesses that are legally registered and are formally verified, the Ministry of Economy and Finance has said. ...

Harrison White
https://www.khmertimeskh.com/50708031/only-legal-smes-to-benefit-from-aid-package-ministry/

Announcement on the detection of methanol in hand-sanitized alcohol products

On 17 April 2020, the Ministry of Commerce issued an announcement on the detection of methanol in hand-sanitized alcohol products. More than 80 tonnes of methanol were found, the announcement said. The ministry also asked businesses, businessmen, companies and individuals to stop selling and distributing ...

Ministry of Commerce

Download: pdf

Inspiring tech entrepreneurship

The arrival of Startup Weekend in Cambodia marked a new beginning for high-tech entrepreneurship as more than 80 people worked on all kinds of new business ideas all weekend at Yellow Tower across the Tonle Sap from The Riverside. Chief Marketing Officer Joey Pomerenke of Startup ...

http://www.phnompenhpost.com/index.php/2012062556987/Business/tech-entrepreneurship.html

Toll trains said to stop March 31

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...

http://www.phnompenhpost.com/index.php/2012032055123/Business/toll-trains-said-to-stop-march-31.html

Flag of convenience scheme retired

The days of cocaine smuggling, illegal fishing and human trafficking using ships bearing the Cambodian flag appear to have come to an end as government officials claim that, as of today, all foreign-owned ships operating through Cambodia’s “flag of convenience” scheme must be stripped of ...

Kali Kotoski
http://www.phnompenhpost.com/business/flag-convenience-scheme-retired

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

Partnerships and collaborations

Ministry of PlanningODC and the Ministry of Planning has formed a collaborative partnership with an effort to engage CSOs in and strengthen the implementation and review process of the country-specific goals of the UN 2030 agenda for sustainable development.Read moreMinistry of Education, Youth and SportOpen ...

Japan provides grant assistance for raising awareness of environment issues, promoting remedial study and developing quality university for physical education through ICT

On 27 February 2023, the Embassy of Japan in the Kingdom of Cambodia issued a press release on the Grant Assistance for Japanese NGO projects. The Government of Japan will provide US$843,946 in total for three recipient organizations to carry out the following projects:Nature Center ...

Embassy of Japan in the Kingdom of Cambodia

Download: pdf

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