Thada, Datasonic sign e-motorcycle bargain
Mcls Synergy Co Ltd (Thada), a Phnom Penh-based company primarily involved in the electric vehicle (EV) business, has integrated Malaysia’s Datasonic Corp Sdn Bhd into its business expansion strategy. ...
Hin Pisei
https://www.phnompenhpost.com/business/thada-datasonic-sign-e-motorcycle-bargain
Cambodia & Morocco look to deepen ties; may boost apparel trade
Morocco and Cambodia have pledged to strengthen their trade ties. The two countries have agreed to organise a forum to explore business opportunities and urged their respective business communities to boost trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501266865/cambodia-may-boost-apparel-trade/
Fisheries sector receives innovative equipment to increase market access
Businesses involved in post-harvest fisheries received a raft of green and innovative technology, equipment and materials necessary to make Business operations and production more effective and efficient. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-fisheries-sector-receives-innovative-equipment-to-increase-market-access
Hun Manet leads Cambodian delegation to woo Singaporean investors
Prime Minister Hun Manet led a delegation of prominent people from Cambodia’s business community to the Cambodia-Singapore business Forum, with the aim of attracting more Singaporean investment to the Kingdom. ...
Marissa Carruthers
https://kiripost.com/stories/hun-manet-leads-cambodian-delegation-to-woo-singaporean-investors
Group Lease aims to raise Bt3.4 bn for expansion
Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...
The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html
Indian investors see Cambodia as gateway to Asean
Indian businesses are looking at Cambodia as a convenient hub in the lower Mekong area, as access to trade with neighboring Vietnam and Thailand improves, a government advisor said yesterday. Speaking at a seminar titled “Asean Integration and the Role of India,” Sok Siphana, a lawyer ...
Chea Vannak
http://www.khmertimeskh.com/news/28968/indian-investors-see-cambodia-as-gateway-to-asean/
Joint online tax system
The Ministry of Commerce and the Ministry of Economy and Finance’s general taxation department plan to jointly operate an online business tax registration system in a bid to strengthen tax collection in the country and root out corruption. Sok Sopheak, under-secretary of state of the Ministry ...
Chea Vannak
http://www.khmertimeskh.com/news/29545/joint-online-tax-system/
ANZ keen to exit Cambodia bank stake
Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...
The Business Times News Staff
http://www.businesstimes.com.sg/breaking-news/asia/anz-keen-exit-cambodia-bank-stake-20140325
Vietnamese funding curbs will not delay hospital development
Despite Vietnamese state-owned companies withdrawing funding from projects outside of their core business, the $20 million expansion of the Vietnamese-backed Cho Ray Phnom Penh Hospital remains on track, the hospital’s head said yesterday. In July 2012 the Vietnamese government requested that state-owned enterprises withdraw investment in ...
Daniel de Carteret
http://www.phnompenhpost.com/business/vietnamese-funding-curbs-will-not-delay-hospital-development
Tourism licences to go online
The Ministry of Tourism launched a new online system yesterday to register tourism-related businesses and tour guides who need a licence, in order to ease the licence inspection process and boost government revenues, said a senior ministry official. Neb Samouth, director general at the Ministry of ...
Chan Muyhong
http://www.phnompenhpost.com/business/tourism-licences-go-online
Financing Cambodia's Muslims
Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...
http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html
A Female Entrepreneur Remains Strong as Silk
Seng Takakneary started her business in a one-room shop with two sewing machines in 2004. Today, Ms. Takakneary’s Sentosa Silk employs about 100 staff in Phnom Penh who produce a range of fine Cambodian silk items, including pillows, curtains, bedspreads, dresses, shirts and bags. Since ...
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
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/
Cambodian Economy Hurt by Land Evictions
Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...
Full text of China-Cambodia joint press communique
The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...
Better to Ride These Bikes Than Make Them
Cambodia’s export business is in the process of changing due to shifts in manufacturing in Asia. A business publication in the country has reported unexpected growth in the “machinery and transport equipment” sector and speculated it was as [sic] “probably bicycles.” But when Cambodia jumped ...
http://www.iede.co.uk/news/2013_750/better-ride-these-bikes-make-them
Factories ‘don’t need to move’
The owners of existing factories, warehouses and other businesses in the capital that rely on large lorries to move their products will not have to relocate to the outskirts of the city. The decision came after the Phnom Penh Municipal Hall and the Garment Manufacturers ...
Long Kimmarita
https://www.phnompenhpost.com/national/factories-dont-need-move
Rules enforced: Municipality cracks down on public ads
Businesses in Phnom Penh have been ordered to dismantle signs and advertisements erected on public property without the permission of City Hall. In a letter sent to Businesses on Wednesday and published on the city’s website yesterday, City Hall said companies found to have been flouting ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/rules-enforced-municipality-cracks-down-public-ads
Indications of new strength in bilateral trade with Thailand
It was announced this week that Cambodia will soon establish a representative office, the Cambodia Business Council Centre (CBCC), in Thailand’s capital in a bid to facilitate trade and Business activities between the two kingdoms. ...
Jason Boken
https://www.khmertimeskh.com/50786411/indications-of-new-strength-in-bilateral-trade-with-thailand/