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
Cambodia tax system worse off
Cambodia’s taxation system fell five places on the World Bank’s 2015 Doing Business index (DBI). The index, which tallied up 230 Business reforms from 189 economies, showed the ease of paying taxes in Cambodia has declined from position 85 in 2014 to 90 this year. Cambodia’s ...
Eddie Morton
http://phnompenhpost.com/business/cambodia-tax-system-worse
Local oil prices fall slowly
The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...
http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html
Single Portal enters second year
More than 6,000 businesses with over $2.6 billion in capital have been registered with the government’s online business Registration Platform in just one year since its launch, according to the Ministry of Economy and Finance. ...
Thou Vireak
https://www.phnompenhpost.com/business/single-portal-enters-second-year
IT firm emerges as Single Portal Phase II’s first entry
Sabay Osja Co Ltd became the first company to apply for a licence via the government’s online business registration platform, also known as the “Single Portal”, in its second phase, according to the Ministry of Economy and finance. ...
Thou Vireak
https://www.phnompenhpost.com/business/it-firm-emerges-single-portal-phase-iis-first-entry
Pornmoniroth assures SBF new gov’t will implement Pentagon Strategy
Deputy Prime Minister and Minister of Economy and Finance (MEF) Aun Pornmoniroth said on Tuesday that the Royal Government of Cambodia (RGC) in the 7th legislature of the National Assembly (NA) will implement the Pentagon Strategy Phase I that concentrates on seven key areas of ...
Kang Sothear
https://www.khmertimeskh.com/501335906/pornmoniroth-assures-sbf-new-govt-will-implement-pentagon-strategy/
$8B investment capital registered at single portal
More than 27,511 businesses with $8.09 billion in investment capital have been registered in the first phase of the Online business Registration System known as Single Portal under the Ministry of Economy and Finance – as of July this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501332516/8b-investment-capital-registered-at-single-portal/
Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
Singapore investors to help reboot Cambodia’s economy
Cambodia holds huge potential for Singaporean investors, who can play a role in helping the nation’s economy return to pre-pandemic levels by ploughing funds into infrastructure and other dominant sectors. ...
Bun Tharum
https://kiripost.com/stories/singapore-investors-to-help-reboot-cambodias-economy
Over 20,000 businesses featured on Single Portal
A total of 20,574 companies, with cumulative “registered share capital” of $5.77 billion, were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of December 26 at 2pm, the Online Business Registration Service (“OBRS”) reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/over-20000-businesses-featured-single-portal
Delegation of US-ABC eying trade and investment potential and opportunities in Cambodia
Delegation of US-ASEAN Business Council (US-ABC), led by its Senior Vice President and Regional Managing Director H.E. Michael Michalak, have been on a visit to Cambodia to study more potential and opportunities of trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501247354/delegation-of-us-abc-eying-trade-and-investment-potential-and-opportunities-in-cambodia/
Online biz urged to register at single portal
The Ministry of Commerce launched an online registration platform to allow owners of online businesses to register for permits and licenses, and those who run online businesses without license will have to face legal action. ...
Chea Vanyuth
https://www.khmertimeskh.com/501325759/online-biz-urged-to-register-at-single-portal/