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Chinese investors keen to return to Cambodia

Chinese investors and business people are keen to return to Cambodia following the opening of China’s borders and Cambodia, on its part, is ‘China Ready.’ The bonhomie between the business communities of the two countries came to the fore once again at a forum organised ...

Chea Vanyuth
https://www.khmertimeskh.com/501243609/chinese-investors-keen-to-return-to-cambodia/

Index Creative Village to tap Cambodian market next year

Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...

Watchiranont Thongtep
http://www.nationmultimedia.com/business/Index-Creative-Village-to-tap-Cambodian-market-nex-30271560.html

Protesters want government to revitalize dilapidated beach

A representative of 18 vendors in Sihanoukville asked the government for help in reviving the area where they used to live and work, claiming that the half-finished construction sites destroyed the area and any businesses operating there.  ...

Chea Takihiro
http://www.khmertimeskh.com/news/16930/protesters-want-government-to-revitalize-dilapidated-beach/

Industry largely bullish on AEC integration

Government and business representatives continue to remain optimistic about Cambodia’s prospects after the ASEAN Economic Community integration next year, saying that the Kingdom had upped production levels and strengthened quality measures to remain competitive in the region. ...

Sor Chandara
http://www.phnompenhpost.com/business/industry-largely-bullish-aec-integration

Stock exchange ready for SMEs

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) sees small and medium sized businesses (SMEs) as the engine to drive growth on the local stock market, while the companies already listed have been growing steadily. ...

Sok Chan
http://www.khmertimeskh.com/news/25855/stock-exchange-ready-for-smes/

Government scrubs database that exposed Hun family riches

The Commerce Ministry has scrubbed its website of all corporate shareholder information since last month’s release of a report damned by Prime Minister Hun Sen’s children for shedding light on the first family’s sprawling business empire. ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-scrubs-database-exposed-hun-family-riches-116772/

Royal Group head Kith Meng urges tax rate revision

Private sector representatives argued yesterday that Cambodia’s outdated taxation laws do not accurately reflect the Kingdom’s current business climate, urging the General Department of Taxation (GDT) to revise the legal framework to promote private sector growth. ...

Hor Kimsay
http://www.phnompenhpost.com/business/royal-group-head-kith-meng-urges-tax-rate-revision

Hong Kong economic delegation visits Kingdom

Hong Kong’s top economic official will lead a 48-person delegation to Cambodia on Monday and Tuesday to explore business opportunities related to China’s Belt and Road Initiative, according to a release from the official’s office. ...

Post Staff
http://www.phnompenhpost.com/business/hong-kong-economic-delegation-visits-kingdom

IFC to boost corporate governance

The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance

Chinese encouraged to invest more

More than 50 business leaders and investors from Dezhou city, Shandong province in China, are seeking investment opportunities and Cambodian partners in the fields of agriculture, construction, machinery, food processing, technology and cars, renewable energy and sports equipment. ...

Sok Chan
http://www.khmertimeskh.com/news/39927/chinese-encouraged-to-invest-more/

Thai links set to boost trade

The Ministry of Commerce has committed to joining up with the Thai Embassy in Cambodia to build a favourable business and investment climate between the Asean neighbours. ...

May Kunmakar
http://www.khmertimeskh.com/5082631/thai-links-set-boost-trade/

Private sector warns government that high costs imperil investment

Private sector representatives are deeply concerned by the government’s inability to reduce the cost of doing business in the Kingdom, and they warned yesterday that the country would start to lose investors if the situation did not improve. ...

Robin Spiess
http://www.phnompenhpost.com/business/private-sector-warns-government-high-costs-imperil-investment

Cambodia Offers Rice To Indonesia - Bernama

Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia ...

http://www.bernama.com/bernama/v6/newsworld.php?id=690200

IFC gives Acleda a $110M loan boost

The International Finance Corporation, a member of the World Bank, and the Global Agriculture and Food Security Program (GAFSP) announced Thursday that they will provide Acleda Bank with a $110 million loan to finance rural and micro-businesses, especially agricultural enterprises. ...

Ananth Baliga
http://www.phnompenhpost.com/business/ifc-gives-acleda-110m-loan-boost

SME board possible this year

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year

Cambodian firm probed over S’ville plastic waste

Kun Nhem the director-general of the General Department of Customs and Excise, said on Sunday that the owner of a Cambodian business is being questioned over the discovery last week of 83 plastic-rubbish filled containers at Sihanoukville Autonomous Port. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/cambodian-firm-probed-over-sville-plastic-waste

IFC provides $50m to Amret micro-lender

The International Finance Corporation (IFC) will provide a $50 million financing package to Amret Co to help the Cambodian microfinance institution increase lending to smaller businesses, particularly those in the agriculture sector and rural areas, it said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-provides-50m-amret-micro-lender

Tax registration deadline pushed back

The tax department issued a notice yesterday extending the deadline for businesses to finish their tax registration until May 31, the latest in a long string of delays that followed the introduction of strict new rules on tax registration in 2014.​​ ...

Jonathan Cox
http://www.khmertimeskh.com/news/23887/tax-registration-deadline-pushed-back/

Credit life insurance provides a safety net for borrowers

More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. ...

Hor Kimsay
http://www.phnompenhpost.com/business/credit-life-insurance-provides-safety-net-borrowers

Watchdog eyes telecom, ISP licenses

The Telecom Regulator of Cambodia (TRC) has called on 34 telecom operators and Internet service providers (ISPs) to submit their business performance reports by the end of this month to ensure they are in compliance with their licensing agreements, officials said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/17944/watchdog-eyes-telecom--isp-licenses/

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