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Court grills villagers on fence suit

Twelve Preah Vihear villagers were called to court this week regarding an ongoing land dispute they claim has resulted in the bulldozing of their family land and livelihood. The villagers are among some 67 families in Kulen district’s Srayong Cheung village who say the government sold ...

Phak Seangly
http://www.phnompenhpost.com/national/court-grills-villagers-fence-suit

Amret MFI gets $10M loan to aid SME reach

Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...

Hor Kimsay
http://www.phnompenhpost.com/business/amret-mfi-gets-10m-loan-aid-sme-reach

Cambodian massage parlours told to shape up

Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism. The directive seeks to professionalise the practice ...

Charles Rollet
http://www.phnompenhpost.com/cambodian-massage-parlours-told-shape

A road changes course

The rules of Sothearos Boulevard are once again shifting. After recently converting the road to a one-way street – a move that was largely ignored by the motos and cars that use the busy thoroughfare – the Phnom Penh Municipality released a new statement on Saturday ...

Sen David
http://www.phnompenhpost.com/road-changes-course

Prayut makes his pitch for border investment

Thailand wants more Japanese businesses to expand their investment in Thailand, especially in government-promoted special economic zones (SEZs) that could be used as production bases once the Asean Economic. ​ The prime minister said Thai border trade of 900 billion baht a year could potentially grow ...

Lamonphet Apisitniran
http://www.bangkokpost.com/business/news/615412/

Law on food safety edges closer to approval

The UN’s Food and Agriculture Organization and the Ministry of Commerce held a workshop yesterday to garner feedback from NGOs and businesses on the draft National Food Law.The new law deals with the safety, labelling and advertising of food and agricultural products for local consumption ...

Xueying Chen
http://www.phnompenhpost.com/business/law-food-safety-edges-closer-approval

Tax incentives offered to SMEs that register

Tax preferences have been offered to small and medium enterprises (SMEs) as incentives for encouraging informal ones to register and update business information.​ ...

Chea Vannak
https://www.khmertimeskh.com/50692394/tax-incentives-offered-to-smes-that-register

Unemployed to get $40 per month

The Ministry of Labour and Vocational Training has instructed enterprises, business owners and travel agencies in five provinces to prepare the proper forms for the suspension of employment contracts.​   ...

Long Kimmarita
https://www.phnompenhpost.com/national/unemployed-get-40-month

Possibility of second C-19 wave causes deep concern

Business activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. ...

Sorn Sarath
https://www.khmertimeskh.com/50781586/possibility-of-second-c-19-wave-causes-deep-concern/

Tourism Ministry announces nationwide one-day karaoke, club, bar and alcohol ban on December 8

The Ministry of Tourism advised the owners or managers of karaoke, entertainment clubs, bars and beer gardens across the country to suspend business for one day, on December 8, to join the national mourning on the death of Prince Norodom Ranariddh. ...

Khmer Times Staff
https://www.khmertimeskh.com/50983966/tourism-ministry-announces-nationwide-one-day-karaoke-club-bar-and-alcohol-ban-on-december-8/

Credit guarantees to SMEs reach nearly $140 million

The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $139.5 million to businesses for their working capital expansion as of July 2023. ...

Chea Vanyuth
https://www.khmertimeskh.com/501346090/credit-guarantees-to-smes-reach-nearly-140-million/

Cambodia & UK sign MoU to strengthen trade relations

Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties  ...

Khmer Times Staff
https://www.khmertimeskh.com/1298940/cambodia-uk-sign-mou-to-strengthen-trade-relations/

Korean businessmen keen on Cambodia’s investment environment

Cambodian Ambassador to Korea ChringBotumrangsay shared candid insights on the burgeoning bilateral relations, highlighting the economic synergy between the two nations at a business investment event on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501411620/korean-businessmen-keen-on-cambodias-investment-environment/

Foreign banks eye Kingdom's prospects

Two more Vietnamese banks have announced they will apply for licences to operate in Cambodia, according to media reports. If accepted, Maritime Bank and Saigon-Hanoi Commercial Bank (SHB) would bring the number of Vietnamese banks in Cambodia to six, National Bank of Cambodia officials said yesterday. Experts ...

http://www.phnompenhpost.com

Thai agro-processing plant nears completion

BETAGRO Group, one of Thailand’s largest integrated agro-industry businesses, announced this week that its US$16.3 million animal feed plant in Cambodia is 95 percent complete. The plant, 12 kilometers from Phnom Penh, will initially produce 12,000 tonnes of animal feed per year, but that number ...

http://www.phnompenhpost.com/index.php/Business/

PM vows to ‘protect’ Chinese interests

Prime Minister Hun Sen on Tuesday told Chinese companies investing in Cambodia not to worry about contract cancellation in the Kingdom. Speaking at a roundtable meeting with business executives in China as co-chair of the China-Asean Expo, the prime minister told six Chinese conglomerates with ...

Meas Sokchea
https://www.phnompenhpost.com/national/pm-vows-protect-chinese-interests

Kratie authorities crack down on illegal mining

Specialists from the Kratie provincial Department of Mines and Energy cracked down on an illegal mining site in O’Tron area, Sambor district again last week. The operation was carried out after a complaint from Chinese company Hing Yuan Hanng Yeak Co Ltd. Local authorities said ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kratie-authorities-crack-down-illegal-mining

Kingdom sees 69 factories open

Cambodia’s garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report. Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdom-sees-69-factories-open

International buyers concerned over labour and human rights situation

A group of international businesses in the garment industry have expressed concern over the labour and human rights situation in the country. On Thursday, the group – which includes Nike, Adidas, and Levi Strauss – sent a letter to Prime Minister Hun Sen pleading with ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50600703/international-buyers-concerned-over-labour-and-human-rights-situation/

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