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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: ...

http://thesoutheastasiaweekly.com/

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 ...

http://www.phnompenhpost.com/2013020761214/Real-Estate/aeon-considering-more-malls-in-phnom-penh.html

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. ...

http://sea-globe.com/a-smooth-ride-2/

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

Huge Increase in MFI Loans, Deposits

More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...

http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html

Room for Improvement in Cambodia’s Bank Sector

While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ...

http://www.phnompenhpost.com/2013060666094/Business/room-for-improvement-in-cambodia-s-bank-sector.html

City poised for shopping mall boom

After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom

2nd phase of business registration system up

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system

IELTS available at ACLEDA’s business school

The ACLEDA Institute of Business (AIB) has teamed up with the IELTS Cambodia Official Test Centre at IDP Education to administer the English proficiency exam at the institute, as part of its ambition to gain widespread international recognition. ...

Hom Phanet
https://www.phnompenhpost.com/business/ielts-available-acledas-business-school

Fishy business: Kampong Thom Fisheries Administration crackdown fisheries crime

While the fish spawning season is still ongoing and the fishing ban is in full swing, fisheries administration officials continue to crackdown on fishery crimes to combat overs fishing and resource depletion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501114711/fishy-business-kampong-thom-fisheries-administration-crackdown-fisheries-crime/

Vietnamese business helps develop block chain technology in Cambodia

Vietnam’s Unicorn Ultra (U2U) ecosystem, an All-in-One platform for potential builders, opened its representative office in Cambodia to introduce, build and develop products applying block chain, artificial intelligence (AI), and Big Data. ...

Khmer Times Staff
https://www.khmertimeskh.com/501396143/vietnamese-business-helps-develop-block-chain-technology-in-cambodia/

New tax rates announced for businesses and employees

The Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia. Employers were instructed to deduct employee taxes according to the new rates from February onwards. Taxpayers have to submit the tax declaration by the 20th of ...

Voun Dara
https://www.phnompenhpost.com/national/new-tax-rates-announced-businesses-and-employees

SHE launches new tools for women-led businesses

SHE Investments, a social enterprise supporting women entrepreneurs, has announced the official launch of its Digital Resource Centre (DRC) and Kotra Riel app. The event was held to celebrate both the concurrent launches and the achievements of women in the work world and their importance ...

Sok Chan
https://www.khmertimeskh.com/50814158/she-launches-new-tools-for-women-led-businesses/

Capital, businesses find ways to move factories to suburbs

The Phnom Penh Municipal Hall has been holding discussions with the Cambodia Trucking Association (CAMTA) and major businesses to find an efficient way of relocating factories and warehouses to the outskirts of Phnom Penh. ...

Lay Samean
https://www.phnompenhpost.com/national/capital-businesses-find-ways-move-factories-suburbs

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