Another setback for online company registration goal
The Ministry of Commerce has extended the deadline for companies to register online after yet another poor response to its automated online business-registration system, a ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/another-setback-online-company-registration-goal
Cambodia, Bangladesh to strengthen trade
Cambodia and Bangladesh are seeking to strengthen cooperation on trade and enhance and expand trade and business partnerships via a deal which will be signed in October. ...
Chea Vannak
http://www.khmertimeskh.com/5083529/cambodia-bangladesh-strengthen-trade/
CSX aims to boost awareness with deal
The Cambodia Securities Exchange (CSX) signed a partnership agreement with a business development company on Monday in an attempt to increase awareness about the country’s stock market among entrepreneurs. ...
Hor Kimsay
http://www.phnompenhpost.com/business/csx-aims-boost-awareness-deal
Grand Twins workers to strike anew
Striking workers at Cambodia’s only publicly listed garment factory yesterday said about 5,000 employees will hold a demonstration at the Phnom Penh business tomorrow after failing to achieve their demands. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/grand-twins-workers-strike-anew
BOC Phnom Penh Branch authorized as RMB clearing bank
China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/
Tax cuts promised for SMEs that register with GDT
In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including a two-year break on tax revenue. ...
Sok Chan
https://www.khmertimeskh.com/50487285/tax-cuts-promised-for-smes-that-register-with-gdt/
Gov’t moves to attract IT firms
Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...
May Kunmakara
http://www.khmertimeskh.com/news/18058/gov---t-moves-to-attract-it-firms/
Beachfront evictions to begin in Sihanoukville next week
The eviction of businesses along Sihanoukville’s popular O’Chheuteal Beach will begin as early as Monday, after the provincial governor returns from a trip abroad, an official said on Thursday. ...
Sek Odom
https://www.cambodiadaily.com/news/beachfront_evictions_to_begin-110076/
Ukraine eyes Cambodia
Ukraine aims to promote more bilateral cooperation and boost trade with Cambodia. At the same time, Kiev is urging Ukrainian businesses to consider investing in the Kingdom’s high performing sectors. ...
Sum Manet
http://www.khmertimeskh.com/news/28247/ukraine-eyes-cambodia/
Ratanakkiri prison boss fires back at accusers
The Ratanakkiri prison director accused of a litany of crimes by his underlings has fired back, denying their reports and accusing them of drug-taking, laziness and running illegal timber businesses. ...
Phak Seangly
http://www.phnompenhpost.com/national/ratanakkiri-prison-boss-fires-back-accusers
Cambodia opens trade center in Shaanxi
Cambodia will unveil another commercial center in China in May, to boost trade between the two countries and inform Chinese business people and tourists about opportunities in Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/news/36933/cambodia-opens-trade-center-in-shaanxi/
Concerns raised over sanctions
The repercussions of last week’s political moves in Cambodia when the Supreme Court dissolved the main opposition party has left many wondering what the repercussions will be for local businesses. ...
May Kunmakara
http://www.khmertimeskh.com/5091091/concerns-raised-sanctions/
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/