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
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 ...
US firms suggest ASEAN improve financial services
Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US business Summit, which kicked ...
Kith Meng re-elected as CCC president
Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...
Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/
CDC says investments up by 18 pct in 2015
Investments in Cambodia grew by 18 per cent last year, with a bulk of this capital flowing into the infrastructure, agriculture and tourism projects, the Council for Development of Cambodia announced yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/cdc-says-investments-18-pct-2015
GMS cross-border pact on hold
Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...
Sok Chan
http://www.khmertimeskh.com/news/28140/gms-cross-border-pact-on-hold/
Firms ready to expand despite local skills gap
A Eurocham business confidence survey has revealed that 81 per cent of respondents – members of the business association – planned to increase investments and expand their operations in the Kingdom, but viewed transparency and the lack of skilled human resources as the major downsides ...
Ananth Baliga
http://www.phnompenhpost.com/business/firms-ready-expand-despite-local-skills-gap
Chamber of commerce expands
A new sub-decree to allow the Cambodia Chamber of Commerce to represent the business sector overseas, will come into force next year after Prime Minister Hun Sen signs the draft into law soon, according to a Commerce Ministry official. Soeng Sophary, the ministry’s spokesperson, said the ...
Sok Chan
http://www.khmertimeskh.com/news/33044/chamber-of-commerce-expands/
Legal firm to help elite gain dual citizenship
A NEW international law firm is preparing to set up shop to provide foreign citizenship or residency services to Cambodia’s wealthy elite by helping to facilitate large overseas investments as well as business expansion plans. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/legal-firm-help-elite-gain-dual-citizenship
Trade with China to grow
Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding trade and investment between the two countries. ...
May Kunmakara
http://www.khmertimeskh.com/news/32646/trade-with-china-to-grow/
Banker to lead Khmer-Chinese coterie
Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banker-lead-khmer-chinese-coterie
Private sector ‘regrets’ EBA partial withdrawal decision
The Cambodian Chamber of Commerce and other business chambers including the Malaysian business Council of Cambodia, European Chamber of Commerce in Cambodia and American Chamber of Commerce in Cambodia have expressed their regret over the recommendation by the European Commission to partially withdraw the Everything ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50691649/private-sector-regrets-eba-partial-withdrawal-decision
Expanding investment networks: Cambodia-UAE forum set for ‘24
The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...
Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24