Cambodian officials and Japanese airline All Nippon Airways discussed on Friday the possibility of starting a direct flight between the Kingdom and Japan next year, in a bid to facilitate the increase in bilateral business and investment transactions, according to a State Secretariat of Civil ...

Cambodia’s “Economic Free­dom”—a broad measure of how well individuals and businesses can create and protect their wealth —was classed as “mostly unfree” in a new report released by the Washington-based Heritage Foun­dation, which identified corruption and bureaucracy as impediments to free markets. ...

JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...

With the threat of eviction hanging over businesses on Sihanoukville’s O’Chheuteal and O’Tres beaches, land rights advocates congregated in Phnom Penh this week to give voice to thousands of families locked in land disputes with powerful firms turning swaths of coastline into tourism destinations. ...

Prime Minister Hun Sen yesterday pledged to start a new bank with an initial capital of $100 million to provide financing for small and medium enterprises (SMEs), with industry players saying its success hinged on whether concessional or low interest rates could be provided to ...

Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...

T-Shop Cambodia, a Phnom-Penh based electronics and gadget shop founded in 2012, has announced that due to nationwide interest it is offering franchise options, with two already sold. This makes it the first Cambodian-owned business to sell franchises, according to CEO Bung Hor. ...

Banteay Meanchey province, nestled between the better known provinces of Siem Reap and Battambang, once suffered from a lack of business activity partly due to a long-running border dispute with Thailand. Recent indications, however, show the area is recovering some lost ground on the infrastructure ...

With the recent announcement that two Taiwanese banks plan to open branches in Cambodia, the number of commercial banks in the country will swell to 34 and may even go higher as foreign businesses seriously consider Cambodia an alternative to more costly countries such as ...

The border with Cambodia still sits as the core of a dispute between the two countries – although things look calm on the surface, as politically “viral” groups in Thailand remain busy with other issues. However, feelings could heat up if the power arrangement in Bangkok ...

The World Bank and Asian Development Bank issued a report on Tuesday, urging Cambodia to improve its electricity supply and workforce in order to be competitive. Intermittent electricity, informal payments and a low-skill labor force are all major constraints to doing business in Cambodia, the ...

In a bid to encourage companies to list on Cambodia’s beleaguered stock exchange, a new prakas released today will allow businesses to delay their monthly prepayment of tax on profit to the end of the year, according to an announcement on the Cambodia Securities Exchange. ...

In a lush, gated compound 12 kilometres south of central Phnom Penh, the young minds that will one day lead Cambodia are being shaped – or at least that’s what one philanthropic foundation, which is investing millions of dollars in a unique, long-term project, hopes. “When ...

Salt producers must now add iodine to their product or face losing their business licence after the government passed a Prakas banning sales of non-iodised salt. The move aims to tackle iodine deficiency, which is considered the leading preventable cause of intellectual and developmental disabilities ...

Shinhan Bank announced on Dec. 23 that it has opened a new branch in Steng Min Chey, an emerging developing area in Phnom Penh, in order for Shinhan Khmer Bank, a subsidiary of Shinhan Bank in Cambodia, to accelerate its business in the country. ...

The ASEAN-Korea Centre has hosted a seminar to promote investment in Cambodia’s agricultural industry. Co-organized with the Council for the Development of Cambodia (CDC), the “Investment and Business Environment Seminar on Cambodia” was held at Hotel Shilla in Seoul on June 29. About 70 Koreans attended. ...

RepRisk, the leading provider of dynamic business intelligence on environmental, social, and governance (ESG) risks, has released its Special Report on the Lower Mekong Basin, the second in a series of reports on the Association of Southeast Asian Nations (ASEAN), an economic and political organization ...

The Association for Rubber Development in Cambodia will submit a letter to the government asking it to suspend export taxes on rubber due to the sharp decline in its price and to prevent more farmers from going out of business, its secretary general, Men Sopheak, ...

South Korea’s Hyundai Engineering won a $120 million deal from a Japanese retail giant Aeon Co. to build a shopping mall in the Kingdom of Cambodia, a deal that is expected to help the Korean engineering company that has been focusing on plant construction diversify ...

For the city’s homeless, Phnom Penh’s busy intersections, pagodas, markets and tourist sites are places of work, where many beg for money, and often lay their heads. Others drag carts or bags around the capital, collecting recyclable waste and scrap materials to sell. ...