Retail, luxury sectors set for lift from Cambodia-Korea JV
The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...
May Kunmakara
https://www.phnompenhpost.com/business/retail-luxury-sectors-set-lift-cambodia-korea-jv
Logger leaves timber business
Try Pheap, director general of the Try Pheap Group and widely known for his extensive involvement in the kingdom’s timber trade, told a government news outlet yesterday that he has ended his involvement in the logging business and did not burn down a lumber warehouse ...
May Titthara
http://www.khmertimeskh.com/news/35716/logger-leaves-timber-business/
Cambodia, Laos, Myanmar seen offering big investment opportunities
Business International Monitor said Thursday that Cambodia, Laos and Myanmar were expected to outperform their regional peers in terms of real economic growth in the longer term. In a statement, the London-based firm said the three countries would offer ” substantial opportunities for investors over the coming decade, ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=N2ZkOTU4YTZmZGU
Indo-Pacific trade fair opens
Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential Business and investment opportunities that are available in the region. ...
May Kunmakara
https://www.phnompenhpost.com/business/indo-pacific-trade-fair-opens
Coal: A burning question
Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal business Roundtable ...
Sorn Sarath
https://www.khmertimeskh.com/50743466/coal-a-burning-question/
Survey sheds light on coronavirus-restricted SMBs
Cambodian small and medium-sized businesses (SMBs) have recorded lower sales during the pandemic while 39 per cent of them have trimmed down their staff, a Facebook survey found. Among the business owners in Cambodia who responded, the State of Small businesses survey found that 52 per ...
Thou Vireak
https://www.phnompenhpost.com/business/survey-sheds-light-coronavirus-restricted-smbs
Agro firm, NGO pen MoU on safe food in Pursat
Local agribusiness Davane Plc and non-profit NGO Adventist Development and Relief Agency (ADRA) Cambodia will work together to promote the domestic agri-value chain and safe food market, a joint press release said. ...
Thou Vireak
https://www.phnompenhpost.com/business/agro-firm-ngo-pen-mou-safe-food-pursat
Pandemic offers challenges and opportunities to air ambulance industry
The ongoing COVID-19 pandemic presents both challenges and opportunities to medical consultancies and air ambulance businesses in Cambodia and other parts of Southeast Asia. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50807535/pandemic-offers-challenges-and-opportunities-to-air-ambulance-industry/
Wedding businesses fire back up after curbs rescinded
The event industry has risen from the ashes, with wedding organisers springing into action as venues reopen at full capacity and chefs ease back into the swing of cooking, reflecting a recovery in macroeconomic activity. ...
Hom Phanet
https://www.phnompenhpost.com/business/wedding-businesses-fire-back-after-curbs-rescinded
Cambodia promotes the establishment of an association to develop the silk sector
Cambodia promotes the establishment of local silk associations such as the Samrong District Silk Association in Takeo Province, the Khmer Handicraft Centre Association in Kampong Thom Province, the Viseth Tevy Silk Sector Development Association, the Women Weaver Silk Support and Development Association, as well as ...
Khmer Times Staff
https://www.khmertimeskh.com/501339021/cambodia-promotes-the-establishment-of-an-association-to-develop-the-silk-sector/
Pakistan eager to boost trade, investment relations with ASEAN
A five-member delegation from Cambodia attended the ASEAN-Pakistan Business Opportunities Conference 2023, which concluded in Lahore, Pakistan, on Friday. ...
Adur Pradeep
https://www.khmertimeskh.com/501342387/pakistan-eager-to-boost-trade-investment-relations-with-asean/
Cashew exports to Vietnam decline 16%, says CAC
Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ...
Nheng Chamrong
https://www.khmertimeskh.com/501361913/cashew-exports-to-vietnam-decline-16-says-cac/
Average small business loan amount rises by 250%
Small business loans are dominating banks’ loan balances, with the average borrower in Cambodia lending between $2,800 and $9,600 – a 250 percent increase. ...
Seng Mengheng
https://kiripost.com/stories/average-small-business-loan-amount-rises-by-250
Announcement Workshop on Cambodia's digital economy and business web portal
On October 20 2022, Techo Startup Center has posted an announcement workshop on Cambodia’s digital economy and business web portal on their official social media site. The primary purpose of the workshop is to disseminate to the public and private sectors information related to essential web ...
Techo Startup Center
Khmer Enterprise to double startup and SME investment to $10m
At yesterday’s luncheon discussing Cambodia’s startup and SME ecosystem, Vongsey Vissoth, permanent secretary of state of Ministry of Economy and Finance (MEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...
Bun Tharum
https://kiripost.com/stories/cambodia-khmer-enterprise-to-double-startup-sme-investment
Climate change worse threat than Ukraine war: Hun Sen
Prime Minister Hun Sen describes climate change as the single worst threat humanity faces today, predicting that – contrary to popular belief – the ongoing Russia-Ukraine conflict will end eventually through compromises. ...
Ry Sochan
https://www.phnompenhpost.com/national/climate-change-worse-threat-ukraine-war-hun-sen
Digitalisation drive gives MSMEs a business boost
More than 170 Cambodian micro-, small- and medium-sized enterprises (MSMEs) have successfully transitioned their businesses online as part of a digital drive to become more resilient in the future, under a UNDP-led programme. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-digitalisation-drive-gives-msmes-a-business-boost
Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
Cambodian CEO to chair ASEAN business awards
Sorn Sokna, chief executive of Sonatra Securities in Phnom Penh, has been made chairman of the ASEAN Business Advisory Council’s ASEAN Business Awards. ...
Cambodia has potential for social businesses
Despite challenges, Cambodia has potential for the establishment and expansion of social businesses, participants of the Microfinance & Social business Conference in Phnom Penh said yesterday. While social business in Cambodia is still in an early phase compared to micro-finance “Cambodia is a promising land” for such ...