TEAC officially launched in Cambodian to boost Chinese producers
To boost Chinese investment in Cambodian garment industry, the Textile Enterprise Association of the Chinese Chamber of Commerce also know as TEAC has been officially launched in Phnom Penh.Enjoy Ho, chairman of TEAC said that they will represent the interests of Chinese textile enterprises in ...
YNFX News Staff
http://www.yarnsandfibers.com/about-us
New Cambodia-Thai border gate
Terminal facilities, a road connecting to National Road 5 and a bridge linking Stung Bot in Cambodia with Ban Nong Ian in Thailand will begin construction next year. The entirety of the bridge, including Cambodia’s side, will be constructed by Thailand, according to Va Sim Soriya, ...
Chea Vannak
http://www.khmertimeskh.com/news/33374/new-cambodia-thai-border-gate/
US businessmen seek improved ties to Cambodia
US-ASEAN Business Council President Alexander Feldman wants Cambodia and the US to maintain and improve their relationship. ...
Ven Rathavong
https://www.khmertimeskh.com/537818/us-businessmen-seek-improved-ties-to-cambodia/
Insurance industry sees double-digit premium growth
Total premiums for general insurance rose 16.4 percent last year to about $61.6 million, from $53 million in 2014, with property, fire, vehicle and medical insurance leading the way, the Insurance Association of Cambodia said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/21463/insurance-industry-sees-double-digit-premium-growth/
Japanese FDI on the rise in Cambodia
The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia
Denmark’s Damco launches new head office
The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...
Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/
Cambodia, and IFC promote mediation to resolve commercial disputes
Cambodia’s National Commercial Arbitration Center (NCAC) and the International Finance Corporation (IFC) are promoting mediation to resolve business disputes and build investors’ trust in commercial litigations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501039017/cambodia-and-ifc-promote-mediation-to-resolve-commercial-disputes/
Business forum to scale up Cambodia-Mexico trade, investment ties
Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/
Another commercial arbitration center planned
The Cambodia Chamber of Commerce has discussed the possibility of establishing arbitration and a mediator to solve commercial conflicts in Cambodia’s business community, where every conflict now ends up in the court system. ...
Chea Vannak
http://www.khmertimeskh.com/news/24705/another-commercial-arbitration-center-planned/
Singapore delegation meets CDC
More than 40 business delegates from the Singapore-China Chamber of Commerce and Industry yesterday met the secretary-general of the Council for the Development of Cambodia (CDC) to discuss potential investments and seek local business partners. ...
Sok Chan
http://www.khmertimeskh.com/news/38688/singapore-delegation-meets-cdc/
Taxes and capital obstacles for small business owners
The exclamations of dismay that come from small-business people in Cambodia when someone tries to take a picture of their shop are to be expected, as they believe the photo will be used to make them pay taxes they cannot afford, but that doesn’t mean ...
Chinese-owned shops are on the rise in central Phnom Penh
Informal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from Phnom ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-owned-shops-are-rise-central-phnom-penh
Work permits now required for long-term visa renewals
The Immigration Department yesterday confirmed that foreigners requesting long-term business visa extensions in the country are now required to submit a work permit proving their place of employment. ...
Niem Chheng
http://www.phnompenhpost.com/national/work-permits-now-required-long-term-visa-renewals
Loba, EAcham ink MoU to up trade, freight
The Logistics Business Association (Loba) on November 20 signed a memorandum of understanding (MoU) with the European American Chamber of Commerce and Industry (Belgium) Beijing Representative Office (EAcham) to further enhance Cambodia-China trade, investment and freight relations. ...
Hin Pisei
https://www.phnompenhpost.com/business/loba-eacham-ink-mou-trade-freight
Shared ministry database to speed up online business registration
Interior Minister Sar Kheng has recommended the creation of a sub-decree to formally connect the interior ministry’s General Department of Identification (GDI) and the Ministry of Economy’s Cambodia Data Exchange Platform (CamDX) databases after a successful pilot of the scheme. The announcement came at a ...
Khmer Times Staff
https://www.khmertimeskh.com/50745177/shared-ministry-database-to-speed-up-online-business-registration/
‘Single Portal’ integrated registration system welcomes nearly 50 firms
Forty-seven companies have successfully registered via a newly-launched information technology e-business registration platform as of the end of the second week of this month, Ministry of Economy and Finance secretary of state Phan Phalla said. ...
Thou Vireak
https://www.phnompenhpost.com/business/single-portal-integrated-registration-system-welcomes-nearly-50-firms
Business registrations far speedier thanks to internet
“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...
Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/
Single Portal’s Phase II in August
The Ministry of Economy and Finance is set to deploy Phase II of its Businesses Registration Platform, also known as the “Single Portal”, next month, following more than a year of smashing success since its debut ...
Thou Vireak
https://www.phnompenhpost.com/business/single-portals-phase-ii-august