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
Kep issues reminder to renew ad licences or face fines and closure
Kep provincial governor Som Piseth has issued a reminder that all advertising licences in the province are now due for renewal. Businesses which fail to comply will be fined, and may face temporary suspension, or even the closure, of their operations. ...
Chea Sokny
https://www.phnompenhpost.com/national/kep-issues-reminder-to-renew-ad-licences-or-face-fines-and-closure
Earning money and making a difference
Social enterprise may be more than just a buzzword if last Saturday’s attendance at Cambodia’s second-ever conference on the matter was anything to judge by. The 350 person-plus crowd of attendees consisted predominately of Cambodians, for whom doing business appears to be about more than merely ...
Cambodia, Brazil ink broad new agreement
Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...
PM wants more Japanese investment in Cambodia
Prime Minister Hun Sen, speaking at the Mekong- Japan Business Forum in Tokyo on October 9, invited Japanese firms to visit Cambodia and convince themselves that it a worthy country for their investments. ...
Ven Rathavong
https://www.khmertimeskh.com/50540098/pm-wants-more-japanese-investment-in-cambodia/
Cambodia, South Korea commit to stronger trade relations
Prime Minister Hun Sen and his South Korean counterpart, President Moon Jae-in, on Friday agreed to work together to boost trade and investment between the two nations. On Saturday, Mr Moon left Cambodia after a three-day state visit during which he also led a delegation ...
May Kunmakara
https://www.khmertimeskh.com/50587660/cambodia-south-korea-commit-to-stronger-trade-relations/
VN a top investor in Cambodia
Viet Nam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects.It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said, noting the two countries are ...
Viet Nam News Staff
http://vietnamnews.vn/economy/276481/vn-a-top-investor-in-cambodia.html
Government confirms foreigners will need work permits for long-term visas
// // // // An Immigration Department official yesterday confirmed that foreigners requesting a long-term extension of their business visas would need to produce a work permit, with implementation of the rule starting September 4. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/government-confirms-foreigners-will-need-work-permits-long-term-visas
Businesses told to ban drugs
The Interior Ministry on Friday warned guesthouses and clubs that they will face the law if they do not step up their efforts to ban illegal drugs use in their facilities. As part of the ministry’s ongoing campaign against drugs, the ministry said it has ...
Pech Sotheary
http://www.khmertimeskh.com/5088222/businesses-told-ban-drugs/
Firm asked to pay fine for illegally mining in K Speu
Kampong Speu provincial authorities will once again allow Sok Chanly Co Ltd to mine marble in Oral district’s Trapaing Chor commune if the company pays a fine of 50 million riel ($12,500) after the authorities earlier detained five individuals who were caught mining without a ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/firm-asked-pay-fine-illegally-mining-k-speu