Ministry to fine, shutter businesses employing children
The Ministry of Labour and Vocational Training said yesterday that businesses employing children will be shut down and fined or may even face criminal charges. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501395352/ministry-to-fine-shutter-businesses-employing-children/
PM meets top Australian business leaders
Several top Australian business leaders yesterday evinced interest in trade collaborations and investment opportunities in Cambodia as Prime Minister Hun Manet met them in separate meetings during his visit to the country. ...
Manoj Mathew
https://www.khmertimeskh.com/501450457/pm-meets-top-australian-business-leaders/
US Calls for improved business climate in Cambodia
The US-ASEAN Business Council has requested that Cambodia cooperate to facilitate US company investment, Business, and trade in the Kingdom, particularly to improve the climate. ...
Mao Sreypich
https://kiripost.com/stories/us-calls-for-improved-business-climate-in-cambodia
Businesses encouraged to register for IP rights
The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501480749/businesses-encouraged-to-register-for-ip-rights/
ASEAN-International Wholesale Market opens for business
The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...
James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/
Minister wants better business relationship with Hunan province
Minister of Public Works and Transport Sun Chanthol on Tuesday called on China’s Hunan province to promote bilateral trade, cooperation and investment, and seize opportunities in many potential sectors. He was speaking at the Hunan Investment Promotion and Machinery Expo in Phnom Penh on Tuesday to ...
May Kunmakara
https://www.phnompenhpost.com/business/minister-wants-better-business-relationship-hunan-province
Foreign investors complain about the Kingdom’s business strictures
Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN. ...
Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/
New business activity ongoing despite Coronavirus challenges
Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...
Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/
Walmart looks to expand Cambodian business
Walmart, the world’s largest retailer intends to learn more about Cambodia’s trade and investment potential, potentially expanding its business in a future collaboration with the Ministry of Commerce. ...
Van Socheata
https://www.phnompenhpost.com/business/walmart-looks-expand-cambodian-business
Cybersecurity law must be “business-friendly”
Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...
Marissa Carruthers
https://kiripost.com/stories/cybersecurity-law-must-be-business-friendly
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
From Alibaba, a Trove of Cambodian Treasures
From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website. Alibaba.com – which claims more than 80 million users worldwide and is ...
http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/
Brit brands target local market
MORE UK-based brands were looking to set up shop in Cambodia, Britain’s ambassador to Cambodia, Mark Gooding, said yesterday. Gooding said at Costa Coffee’s official opening in Phnom Penh he was pleased by the arrival of the international chain, the largest coffee brand in the UK, ...
http://www.phnompenhpost.com/2013030161680/Business/brit-brands-target-local-market.html
ADB Report Links Corruption, Political Culture in Cambodia
The government is beset with high-level corruption, a lack of transparency in public procurements, poor auditing practices and political interference in the country’s main anti-corruption body, a report produced by the Asian Development Bank (ADB) sent to the media yesterday states. In a 66-page report that ...
http://www.cambodiadaily.com/business/adb-links-corruption-political-culture-6525/
Real Estate Market Showing Signs of Recovery
Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...
http://www.voacambodia.com/content/real-estate-market-showing-signs-of-recovery/1580588.html
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Rubber Firm Clears Kreung Land, Sparking Latest Complaint
Representatives of nearly 200 ethnic Kreung families living in Ratanakkiri province’s O’Chum district on Tuesday filed a complaint with local rights group Adhoc, accusing a Vietnamese rubber company of clearing their ancestral land, local officials and a rights worker said. Chhay Thy, provincial investigator for Adhoc, ...
http://www.cambodiadaily.com/news/rubber-firm-clears-kreung-land-sparking-latest-complaint-11876/
A smooth ride?
It’s not a claim every country can make, but Cambodia builds its own cars. A country known for its low-skilled workforce, the Kingdom exceeded expectations with its January release of the Angkor Car, a mini-electric vehicle able to get up to 300 kilometres per charge. ...
Gov’t revenues rise 11 pct
Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...
http://www.phnompenhpost.com/2013062166406/Business/gov-t-revenues-rise-11-pct.html
In Washington, ‘Mekong Days’ Puts River in Focus
Advocacy groups, environmentalists and policy-makers have wrapped up five days of events surrounding Mekong River issues in Washington. “Mekong Days,” a series of talks, films and other forums that ended Tuesday, highlighted issues in the region, where some 60 million people live. The Mekong River, a major ...
http://www.voacambodia.com/content/in-washington-mekong-days-puts-river-in-focus/1630640.html