UN: Investing in Women Entrepreneurs & Business Leaders is Smart Economics
(UN ESCAP Strategic Communications and Advocacy Section)- “Investing in women’s entrepreneurial leadership, and the empowerment of women, is smart economics- which is why women’s empowerment is one of the most important development priorities for the countries of Asia and the Pacifc,” said Dr. Noeleen Heyzer, ...
Study Finds Land Concessions of No Benefit
Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...
The Asian Development Bank marks 20 years in Cambodia
The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...
Responsible business in Cambodia
Given that most business models are profit-driven, the need for accountable and responsible businesses plays a significant role in minimizing its adverse effects on the environment and society contributing to sustainable development. Based on this basis, the concept of conducting business responsibly goes beyond profit ...
Sub-Decree aims to better regulate pharmacies
Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of the Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and the use of titles not ...
Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/
Korea trade keeps on climbing
CAMBODIA’S trade with South Korea grew 38 percent in the first half of 2011 on the same period last year, according to Korea Trade-Investment Promotion Agency (KORTA) statistics. The growth is partly due to increasing numbers of South Korean importers seeking business in Cambodia, KOTRA’s ...
http://www.phnompenhpost.com/index.php/2011080850915/Business/korea-trade-keeps-on-climbing.html
Cambodian poor pushed out of their homes by developers
A mother of four, with the youngest on her hip, said she was not impressed by the palatial government buildings where Cambodia’s Prime Minister Hun Sen and his Council of Ministers have their offices. Her own home is a wood-and-tin shack now partially buried under the ...
http://www.nationmultimedia.com/aec/Cambodian-poor-pushed-out-of-their-homes-by-develo-30200729.html
Rise in Cargo Reflects a Diversifying Economy
The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...
http://www.cambodiadaily.com/business/rise-in-air-cargo-reflects-a-diversifying-economy-7214/
Vietnam businesses eyeing the Kingdom
Vietnam businesses are looking to invest in Cambodia but are faced with a shortage of skilled labor and high transportation costs. The Oversea Entrepreneur Forum in Phnom Penh saw over 100 firms meet to discuss potential partnerships. It has also been said that further cooperation ...
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Border business in O'Smach
It was a big gamble for Khun Savy, travelling hundreds of kilometres and spending thousands of Thai baht for broker fees and bribes he said he paid to be smuggled into Thailand. At the O’Smach International Border Checkpoint in Oddar Meanchey province, the 29-year-old was one ...
http://www.phnompenhpost.com/index.php/2012031254987/National-news/border-business-in-osmach.html
Businesses express ‘deepest’ EBA concerns
Private companies have expressed their “deepest concerns” over the potential withdrawal of the Everything But Arms (EBA) preferential scheme. In a joint letter to the European Commission, they said the move will negatively impact the Kingdom. The letter, signed by 40 of the Kingdom’s private ...
Hin Pisei
https://www.phnompenhpost.com/business/businesses-express-deepest-eba-concerns
Monkey business stopped at border
More than 40 monkeys were rescued by customs officials at the Cambodia-Vietnam border in Memot yesterday, according to Police Lieutenant Colonel Chuon Phally, the Deputy Commander at Tbong Khmom military camp. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/24316/monkey-business-stopped-at-border/
Online business registration pushed back
The Commerce Ministry announced in a letter yesterday that it would push the deadline for companies to register themselves on its new online portal system back to June 30, after the majority of companies operating in the Kingdom failed to register by the original deadline ...
Sok Chan
http://www.khmertimeskh.com/news/23466/online-business-registration-pushed-back/
Surrogacy business shifts to Cambodia
The international market for surrogacy is proving to be very resilient in the face of legal and social disruption. Now that India, Nepal and Thailand have banned international clients from using local surrogates, clinics and brokers are shifting their business to Cambodia. ...
Michael Cook
http://www.bioedge.org/bioethics/surrogacy-business-shifts-to-cambodia/11638
Alchemy adds more Cambodia business
Singapore head quartered creative agency Alchemy has been appointed as the digital marketing agency for Total Cambodge in Cambodia. The win will see Alchemy driving the overall digital communication planning, creative and production for the brand. ...
Maeketing Interactive Team
http://www.marketing-interactive.com/alchemy-grows-cambodia-office-client-roster/
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum in ...
Sum Manet
http://www.khmertimeskh.com/news/38508/business-centre-lure-for-chinese/
Students to get business training
The Ministry of Education has included a business training programme at 25 high schools across the country to give students the soft skills necessary to create their own jobs or find suitable jobs upon graduation. ...
Mom Sophon
http://www.khmertimeskh.com/50112833/students-to-get-business-training/
CEOs: cut the business slack
Top executives from foreign firms have spoken out about the constraints of doing business in Cambodia, citing high electricity and infrastructure costs, unskilled local workers, limited transparency, a lack of local manufacturing suppliers and limited sources of raw materials as impediments to progress. ...
Sok Chan
http://www.khmertimeskh.com/news/32563/ceos--cut-the-business-slack/