Exporter says unaffected by its partner’s debt woes
Rice exporter Cambodia-Vietnam Food Company said joint venture partner and Vietnamese state-owned Vinafood 2’s possible bankruptcy over $40 million of debt will not hurt its business prospects in the Kingdom. ...
May Kunmakara
http://www.phnompenhpost.com/exporter-says-unaffected-its-partners-debt-woes
Veggie farming to trim kingdom’s import bill
Government officials, economists and businesses discussed the implementation of a draft program to invigorate vegetable farming in the Kingdom and cut imports from neighbouring countries in half by 2018. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/veggie-farming-trim-kingdoms-import-bill
Chinese companies cozy up to army
Cambodia’s armed forces have vowed to protect Chinese businesses and investors in the Kingdom and sought to reassure corporations fearful of the country’s potential hurdles in a statement released yesterday. ...
Ban Sokrith
http://www.khmertimeskh.com/news/30208/chinese-companies-cozy-up-to-army/
Boutique hotel rises in Daun Penh
A new boutique hotel – which could cost as much as $6 million – is rising in Daun Penh, aiming to attract international business tourists who want to be close to the heart of the city. ...
Igor Kossov
http://www.khmertimeskh.com/news/13368/boutique-hotel-rises-in-daun-penh/
India urges more trade action
The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...
Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action
Minimum wage talks officially begin
Negotiations to determine 2019’s minimum wage for garment workers began at the Labour Ministry yesterday with the issue of worker welfare as the first order of business, the Labour Advisory Committee said. ...
Sen David
https://www.khmertimeskh.com/50529986/minimum-wage-talks-officially-begin/
Immigration arrests illegal foreigners
The Ministry of Interior’s department of immigration temporarily arrested 31 foreign nationals, including one Frenchman, on suspicion of staying in the Kingdom illegally in raids of two businesses in the capital yesterday. ...
Pav Suy
http://www.khmertimeskh.com/news/27484/immigration-arrests-illegal-foreigners/
Court summons businessmen in connection to timber
Although they remain publicly unnamed, nine businessmen in the timber industry were summoned to appear at the Tbong Khmum provincial court today for alleged deforestation crimes and illegal business dealings, according to officials. ...
May Titthara
http://www.khmertimeskh.com/news/22346/court-summons-businessmen-in-connection-to-timber/
Swiss grant empowers women entrepreneurs
Cambodia Women Entrepreneurs Association (CWEA) received $50,000 from the Swiss Agency for Development and Cooperation (SDC) to help develop the business and financial management skills of women entrepreneurs through training and workshops. ...
Sok Chan
http://www.khmertimeskh.com/news/26163/swiss-grant-empowers-women-entrepreneurs/
Ministry sets out rules on disposal of batteries
The Ministry of Environment on Thursday issued its first prakas on safe battery management, laying out specific guidelines on the collection, storage, treatment, delivery and disposal of batteries by households and businesses alike. ...
Kong Meta
http://www.phnompenhpost.com/national/ministry-sets-out-rules-disposal-batteries
Sihanoukville police set sights on tuk-tuk “mafia”
Municipal officials and the police have started identifying and registering the city’s previously unregulated tuk-tuk and moto drivers, following a constant flow of complaints about them from tourists and business owners, officials say. ...
Jack Laurenson
http://www.khmertimeskh.com/news/12285/sihanoukville-police-set-sights-on-tuk-tuk----mafia---/
CNRP to start selling ‘participation’ shares Saturday
The CNRP will on Saturday begin accepting donations for the television station it plans to launch before the end of this year and selling “participation” rights in the business, opposition leader Sam Rainsy said Tuesday. ...
Alex Willemyns
https://www.cambodiadaily.com/news/cnrp-to-start-selling-participation-shares-saturday-86345/
Sub-Decree Regulating Public Service Is Passed
The Council of Ministers on Friday approved a sub-decree designed to regulate the performance of the government’s administration by chastising institutions that fail to properly carry out their work in delivering public services. Though the legislation does not carry any punishment for officials that fail in ...
Number of casinos jumps by 53% in 2018
Cambodia granted 52 licences to casinos last year, bringing the total awarded to 150 at the end of 2018, thanks largely to a surge in gambling businesses in the Kingdom’s Preah Sihanouk province. ...
Hor Kimsay
https://www.phnompenhpost.com/business/number-casinos-jumps-53-2018
Price wars to subvert gains made by SMEs
Cambodian entrepreneurs and business leaders on Saturday stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/price-wars-subvert-gains-made-smes
KBank unveils capital branch
Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. ...
Sok Chan
http://www.khmertimeskh.com/news/35257/kbank-unveils-capital-branch/
Decree puts riel prices into focus
The government has issued a decree that requires all businesses to put price tags on their products and services in riel to increase transparency for consumers and boost the use of the local currency. ...
Hor Kimsay
http://www.phnompenhpost.com/business/decree-puts-riel-prices-focus
Commercial centres to open in Chinese cities
Cambodia will establish commercial centres in three major Chinese cities to provide information and support to Chinese traders and investors looking to do business in the Cambodian market, a Commerce Ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/commercial-centres-open-chinese-cities
EuroCham firms wary over elections
Business confidence among EuroCham Cambodia’s predominantly European member companies fell this year as a result of a lack of positive reforms and uncertainty surrounding upcoming elections, according to a survey released yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/eurocham-firms-wary-over-elections
Chinese firm eyes eco-tourism in Kingdom
Chinese company Ratelong Inc has plans to build a rice research facility and set up an eco-tourism business in Mondulkiri, after the proposal was welcomed by the minister of commerce earlier this week. ...
Sor Chandara
http://www.phnompenhpost.com/business/chinese-firm-eyes-eco-tourism-kingdom