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Revenue from business registration fees rises

Revenue from business registration fees rose 13 percent to about $2.4 million in the first 11 months of the year over the same period last year, with 4,076 businesses registering at the Commerce Ministry compared to 3,618 in the year-ago period, the ministry said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/18655/revenue-from-business-registration-fees-rises/

Turkey joins the air cargo business

Turkish Airlines, a member of the Star Alliance network, has become the newest player to enter into Cambodia’s air freight business after launching operations last Saturday.    ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/turkey-joins-air-cargo-business

Inside the Hun family's business empire

Cambodian Prime Minister Hun Sen’s family has amassed a “vast fortune”, with stakes in at least 114 domestic companies spanning most of the Kingdom’s key sectors, including major energy, telecoms, mining and trading firms, according to an investigation by Global Witness, which accuses the Hun ...

Shaun Turton and Phak Seangly
http://www.phnompenhpost.com/national/inside-hun-familys-business-empire

China business delegates bullish on Cambodia

Delegates gathered at the Cambodia-Fujian Business and Tourism seminar in Phnom Penh yesterday to discuss opportunities for investment in the Kingdom through increased trade in both the energy and garment sector. ...

Hor Kimsay
http://www.phnompenhpost.com/business/china-business-delegates-bullish-cambodia

World Bank: Cambodia business climate improves

Cambodia continued to improve its business environment over the past year, according to the World Bank’s “Doing business 2017” report that measures the regulations that enhance business activity and those that constrain it in 190 countries. The World Bank made this assessment despite the Kingdom’s ...

Sum Manet
http://www.khmertimeskh.com/news/31306/world-bank--cambodia-business-climate-improves/

US businesses give Cambodia mixed marks

U.S. companies doing business in Cambodia are optimistic about the country’s overall investment environment, but remain dissatisfied with the supply of cheap and skilled labor, corruption, tax structure, and attitudes toward the U.S., according to a new survey. ...

Ben Paviour
https://www.cambodiadaily.com/news/us-businesses-give-cambodia-mixed-marks-133739/

Evictions sweep away Sihanoukville beach businesses

The New Year brought a new wave of evictions and development to more than 5 square kilometres on Preah Sihanouk province’s Ochheuteal Beach, though local authorities remain in the dark about what company is behind the development. ...

Cheng Sokhorng and Robin Spiess
http://www.phnompenhpost.com/business/evictions-sweep-away-sihanoukville-beach-businesses

Australian Investor Jailed After Business Dispute

An Australian businessman who once fronted a telecommunications firm in Cambodia has been sent to Prey Sar prison on fraud charges in a case one of his associates said was triggered by a disgruntled partner in a failed business venture. Frank May, 63, the former chief ...

http://www.cambodiadaily.com/news/australian-investor-jailed-after-business-dispute-7759/

Polls scaring off new business: ministry

The number of new businesses registering in Cambodia slid 20 per cent in the first half of this year compared with the same time in 2012 as investors fret over putting money into the economy during a potentially instable election year, a senior official said. Data ...

http://www.phnompenhpost.com/business/polls-scaring-new-business-ministry

Cambodian, Thai firms form business alliance

SBI Royal Securities, a subsidiary of Japanese-based SBI Holdings, has concluded a basic agreement to form a business and capital alliance with one of Thailand’s leading securities firms, in a move that could attract more investment from Cambodia’s northern neighbour. The agreement with Thailand’s Finansia Syrus ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodian-thai-firms-form-business-alliance

Businesses need help fighting corruption: CAMFEBA

Corruption is weighing on businesses, and the avenues to address it are limited, according to Cambodia’s leading employer association. At a joint conference with the International Labour Organization (ILO) and the Cambodian Federation of Employers (CAMFEBA) in Phnom Penh yesterday, the employer representative called on the ...

Daniel de Carteret
http://www.phnompenhpost.com/business/businesses-need-help-fighting-corruption-camfeba

Time for business to step up

Commerce Minister Sun Chanthol called on business owners to clean up their activities in the Kingdom, in order to remain competitive, especially in light of the ASEAN Economic Community integration due to be realised at the end of the year. Private sector companies have traditionally raised ...

Hor Kimsay
http://www.phnompenhpost.com/time-business-step

Hun Sen says business breeds bribes

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

Chan Muyhong
http://phnompenhpost.com/business/hun-sen-says-business-breeds-bribes

Thai business seeks openings in Cambodia

In anticipation of increasingly adverse export conditions, entrepreneurs from six northeastern provinces of Thailand are trying to strengthen ties with their counterparts here. ...

Naomi-Collett Ritz
http://www.khmertimeskh.com/news/12544/thai-business-seeks-openings-in-cambodia/

Local businesses lead surge in registrations

The Ministry of Commerce received more than 2,100 new business registrations in the first half of the year, surpassing the 2,020 registrations received at the halfway mark of 2014. ...

Sok Chan
http://www.phnompenhpost.com/post-weekend/local-businesses-lead-surge-registrations

New year pardons delayed to Visak Bochea day

The Ministry of Justice has announced that Royal pardons and reductions of prison sentences have been pushed back to Visak Bochea Day in May, as a result of prisons not offering enough information about potential candidates. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23812/new-year-pardons-delayed-to-visak-bochea-day/

Borei Keila evictees call for gov’t clarification

About 30 members of the displaced Borei Keila community rallied outside Phnom Penh City Hall on Friday, seeking clarification about the compensation on offer to them amid complaints that municipal authorities have not been keeping the community informed. ...

Khuon Narim
https://www.cambodiadaily.com/news/borei-keila-evictees-call-for-govt-clarification-102882/

Livelihood incentive for workers as industrial park enters JV

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv

Livelihood incentive for workers as industrial park enters JV

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv

Cambodia taps Japanese blockchain tech for payment system

The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money.   ...

Nikkei
http://asia.nikkei.com/Politics-Economy/Economy/Cambodia-taps-Japanese-blockchain-tech-for-payment-system

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