Cambodian government agrees in principle to waive $50,000 insurance policy and $3,000 deposit for incoming travelers
Prime Minister Hun Sen has approved in principle to eliminate the $3,000 deposit, and $50,000 insurance for investors, business people and experts. ...
New Indonesia Chamber of Commerce promises boost in trade: Ambassador
Indonesia’s ambassador to Cambodia says a new chamber of commerce will help his country find more business opportunities in the Kingdom and boost bilateral trade. The Indonesia Chamber of Commerce Cambodia (IndoCham) was formed this month. ...
Michael Firn
https://www.khmertimeskh.com/50942124/new-indonesia-chamber-of-commerce-promises-boost-in-trade-ambassador/
Foreign companies welcome planned investment law
Groups representing US and European businesses in Cambodia have welcomed the Draft Law on Investment, which was approved by the National Assembly last week. ...
Michael Firn
https://www.khmertimeskh.com/50934034/foreign-companies-welcome-planned-investment-law/
PM: Entertainment venues allowed to reopen on Dec 1
Authorities are set to lift restrictions on some “high-risk” businesses after November 30, including nightlife entertainment venues that rely heavily on alcohol sales such as KTV/karaoke parlours, nightclubs and bars, which have all been closed longer than other establishments. ...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-entertainment-venues-allowed-reopen-dec-1
Best operating costs in Kingdom: TMX
Cambodia has the lowest operating costs among nine countries in Asia that are recognised as major manufacturing hubs, according to Asia-Pacific business transformation consultancy TMX. ...
May Kunmakara
https://www.phnompenhpost.com/business/best-operating-costs-kingdom-tmx
Tackling corruption: AmCham Cambodia urges US companies to abide by local and international laws
The American Chamber of Commerce Cambodia (AmCham) recently organized a comprehensive forum on the crucial issue of business ethics and anti-corruption. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353527/tackling-corruption-amcham-cambodia-urges-us-companies-to-abide-by-local-and-international-laws/
Press release on the launch of EBA withdrawal investigation by European Commission counterproductive to Cambodia’s socio-economic transformation
On 11 February 2019, the European Chamber of Commerce in Cambodia issued a press release to express its regret in respect to the decision taken by the European Commission to initiate the formal investigation into a withdrawal of preferences granted to the Kingdom of Cambodia ...
European Chamber of Commerce
South Korean Embassy Denies Role in Strike Suppression
The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...
Denise Hruby
http://www.cambodiadaily.com/news/south-korean-embassy-denies-role-in-strike-suppression-50364/
The granting of E-commerce permit or license and conducted many workshops and trainings as well
On 15 September 2021, the Ministry of Commerce issued a press release on the granting of E-commerce permit or license and conducted many workshops and trainings as well.From the 1st of December 2021 hereafter, the businessman, sole proprietor, company or foreign branch, that has been ...
Ministry of Commerce
Recruitment agencies plan protective measures for maids
The Association of Cambodian Recruitment Agencies (ACRA) plans to propose a set of measures to the government that would put the association in charge of improving protection for Cambodian maids working in Malaysia. A human rights worker, however, disapproved of the plan because it only involved ...
South Korean manufacturers eye Cambodia
South Korean investors were in Phnom Penh yesterday seeking opportunities in electronics manufacturing, an industry that experts have said could represent the next stage of growth for Cambodia’s economy. Eleven delegates from Changwon City, South Korea, a manufacturing hub in the country, met with 70 local ...
Alcoholic beverages banned before and on national elections day
The Ministry of Tourism has directed restaurants, canteens, KTVs, discos, bars and beer gardens not to sell alcoholic beverages on July 28-29, in conjunction with the national elections. If such business owners sell alcohol on the specified days, they face having their operating licenses suspended ...
Voun Dara
https://www.phnompenhpost.com/national/alcoholic-beverages-banned-and-national-elections-day
Rice sector facing collapse, millers warn
About half of the country’s rice millers and exporters went out of business last year and those clinging on are likely to follow suit within two years unless the government injects capital into the sector and takes measures to curb the flood of imported rice ...
May Kunmakara
http://www.khmertimeskh.com/news/22030/rice-sector-facing-collapse--millers-warn/
Thailand, Cambodia strengthen ties
Thailand and Cambodia have agreed to boost economic and business ties during an official visit to Thailand by Cambodian Prime Minister Hun Sen.The visit marks a major thawing in bilateral relations strained in recent years. The visit by Cambodian Prime Minister Hun Sen was the ...
Ron Corben
http://www.voacambodia.com/content/thailand-cambodia-strengthening-ties/3110946.html
Oil and gas imports fall: ministry
The Kingdom’s petroleum and gas imports fell in the first quarter of this year due to waning consumer and business demands, according to the Ministry of Commerce. However, a large petroleum, lubricants and oil importer said the fall in gas imports was just relative and ...
Sok Chan
http://www.khmertimeskh.com/news/26222/oil-and-gas-imports-fall--ministry/
Cambodia, Uruguay sign visa-free agreement for diplomatic, service passport holders
Cambodia and Uruguay on Thursday signed an agreement on visa exemption for diplomatic and official passport holders, aiming at creating close contacts among the two countries’ diplomats, officials and business people, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian ...
Bulldozers bedevil busted businessman
A businessman was tried by Phnom Penh Municipal Court yesterday on charges of breach of trust in connection with losing six bulldozers worth an estimated $1.7 million he had hired to dig and clear land for his Por Sen Chey district business in 2008. According to ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/bulldozers-bedevil-busted-businessman
Guards tell vendors it’s time to go
More than 100 vendors from Phe Leu market in Kratie town protested yesterday after they arrived at work to find security guards refusing to let them sell at their usual spots, vendors said. More than 20 unarmed guards blocked the protesters, forcing them to set up ...
Sen David
http://www.phnompenhpost.com/national/guards-tell-vendors-it%E2%80%99s-time-go
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