SME Bank of Cambodia open for business
The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...
Sok Chan
https://www.khmertimeskh.com/50780008/sme-bank-of-cambodia-open-for-business/
Successful businesses pivot amid the COVID-19 pandemic
Just as the world scrambled for vaccines in the face of the COVID-19 pandemic, businesses were also forced to adapt to find their own commerce cures. ...
Tom Starkey
https://www.khmertimeskh.com/50807485/successful-businesses-pivot-amid-the-covid-19-pandemic/
Cambodia plans to establish Cambodian private business centre in China
The Ministry of Commerce has been preparing for the establishment of five Cambodian private business centres in main cities of China in order to promote the sale of Cambodian products in the Chinese market. ...
Khmer Times Staff
https://www.khmertimeskh.com/501232091/cambodia-plans-to-establish-cambodian-private-business-centre-in-china/
GDT intends to simplify tax payments for all businesses
Cambodian taxes can currently be paid at 10 commercial banks, thanks to memorandums of understanding (MoU) signed by the Ministry of Economy and Finance in a bid to improve tax administration efficiency and make life easier for taxpayers, according to a General Department of Taxation ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-intends-simplify-tax-payments-all-businesses
Cambodian and Thai firms jointly launch robotic tech business
A new business introducing advanced robotic products and technology to the Cambodian market has been launched by a local conglomerate in partnership with a tech company from Thailand. ...
Kiripost staff writers
https://kiripost.com/stories/cambodian-and-thai-firms-jointly-launch-robotic-tech-business
Oxfam and Young Entrepreneurs host ‘Sustainable Business Forum’
Oxfam and Young Entrepreneurs Association of Cambodia (YEAC) co-organised on Thursday a “Sustainable Business Forum” under the theme “Together for Micro, Small and Medium-sized Enterprises Growth in Cambodia” to promote responsible, inclusive and sustainable Business practices in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320559/oxfam-and-young-entrepreneurs-host-sustainable-business-forum/
Loans offered to struggling tourism Siem Reap businesses
The government is offering tourism-related businesses in Siem Reap struggling from the slow tourist rebound a share of a $50 million pot of loans to keep operations afloat, however, concerns have been raised that the 6.5 percent interest rate may be too high for some. ...
Yatt Malai
https://kiripost.com/stories/loans-offered-to-struggling-tourism-siem-reap-businesses
Working capital loans form 54% of small business needs
Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small business ...
Rachel David
https://www.khmertimeskh.com/501482273/working-capital-loans-form-54-of-small-business-needs/
UNDP urges citizens and businesses to turn trash to Compost
UNDP urges people and businesses to use organic waste as compost to avoid dumping it in the littering field, which creates greenhouse gases that harm the environment and the planet. ...
Long Kimmarita
https://www.postkhmer.com/national/2021-09-10-1258-223368.html
First France-Cambodia business forum set for Jun 9-10
The first France-Cambodia Business Forum, scheduled for June 9-10 in Phnom Penh, seeks to promote investment, increase cooperation and expand bilateral trade between the Kingdom and its former colonial power, according to organisers. ...
Hom Phanet
https://www.phnompenhpost.com/business/first-france-cambodia-business-forum-set-jun-9-10
Electricity outages a hurdle for businesses in Cambodia
Cambodian businesses face more basic infrastructure problems like electricity outages than their ASEAN peers, according to a recent World Bank report. ...
Rachel David
https://www.khmertimeskh.com/501508284/electricity-outages-a-hurdle-for-businesses-in-cambodia/
Climate Change Affects on Livelihoods for Rural People
The Ministry of Environment, the Ministry of Economy and Finance and United Nations Development Program (UNDP) collaborated to launch the 2011 Cambodia Human Development Report (CHDR) on August 30th which identifies climate change as a threat to human development gains and a source of increasing ...
UK Sugar Firm Investigating Child Labor Claims
U.K. sugar firm Tate & Lyle on Wednesday said it was looking into recent allegations of child labor on two plantations in Koh Kong province it has been buying sugar from since 2010, but rebuked NGOs for not bringing the claims to its attention sooner. The ...
http://www.cambodiadaily.com/news/uk-sugar-firm-investigating-child-labor-claims-36637/
Hun Sen Mocks Opposition Request for Donors to Freeze Aid
Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...
http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/
Govt and UN to save coasts
The Fisheries Administration and the United Nations’ Food and Agriculture Organisation (FAO) on Friday officially launched a program to protect Cambodia’s coastline from over-fishing, erosion and other damage to coastal environments and livelihoods. Since the beginning of the year, the program has been training local officials ...
http://www.phnompenhpost.com/2013062466440/National/govt-and-un-to-save-coasts.html
Tax revenues rise, but aren’t reflective of overall GDP growth
While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. Stephen Higgins, former CEO of ANZ ...
http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth
Two listed firms post sound 2020 business
Two companies listed on the Cambodia Securities Exchange (CSX) reported sound business performance last year despite economic duress caused by the Covid-19 pandemic’s enduring stranglehold on regional and global economies. ...
May Kunmakara
https://www.phnompenhpost.com/business/two-listed-firms-post-sound-2020-business
Rental sector businesses share positive outlook for market in 2021
Despite the mass exodus of expats and foreigners causing a blip in Cambodia’s otherwise strong rental sector, realty businesses are forecasting a positive bounce back in 2021. ...
Tom Starkey
https://www.khmertimeskh.com/50814018/rental-sector-businesses-share-positive-outlook-for-market-in-2021/
CGCC executive clarifies Business Recovery Guarantee Scheme process
Small businesses raising questions about the process of applying for a loan through the newly formed Credit Guarantee Corporation of Cambodia (CGCC)’s business Recovery Guarantee Scheme (BRGS), has prompted CGCC’s chief executive officer Mr. Wong Keet Loong to provide an overview of how the scheme ...
Brian Badzmierowski
https://www.khmertimeskh.com/50840936/cgcc-executive-clarifies-business-recovery-guarantee-scheme-process/
Small businesses urged to register with NSSF
The National Social Security Fund (NSSF) has instructed its officials to focus on outreach to small enterprises and encourage them to register with the NSSF, noting that some of the businesses obligated to pay into the fund in its first month have been slow to ...
Long Kimmarita
https://www.phnompenhpost.com/national/small-businesses-urged-register-nssf