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Online recruitment portals seek competitive advantage

German-backed online job recruitment portal Everjobs officially announced plans yesterday to conduct its first career fair in Cambodia. The company, which entered into Cambodia a year ago, joins the ranks of numerous online job portals aiming to dominate the recruitment market.   ...

Ayanna Runcie
http://www.phnompenhpost.com/business/online-recruitment-portals-seek-competitive-advantage

Construction standards on the way

The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market.  ...

Igor Kossov
http://www.khmertimeskh.com/news/15449/construction-standards-on-the-way/

New US partner to boost credit reporting

Cambodia’s credit bureau is looking to leverage the resources and experience of US-based Equifax, one of the three biggest American credit report agencies, to expand its credit analysis capabilities and introduce new products to the local market, its chief executive officer said yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/new-us-partner-boost-credit-reporting

Organics finding a following

As Phnom Penh sees a sprouting of organic grocery stores across the city, the newest entrant in the market says it will go a step further and sell chemical-free pesticides to farmers to encourage the growing trend of organic products and farming techniques. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/organics-finding-following

Interbank lending gains traction

The central bank’s efforts to foster development of an interbank lending market appears to be taking off as the demand for negotiable certificates of deposits (NCDs) increased sharply last year, with the financial tool seeing wider usage among the Kingdom’s financial institutions. ...

Hor Kimsay
http://www.phnompenhpost.com/business/interbank-lending-gains-traction

Unions want meet with Minister to discuss Labor Law problems

While stakeholders have lauded the government’s move to establish a bond market, in a bid to raise more funds from domestic sources, they, however, expressed concern that not enough has been done to inform the public on how debt security can support government spending. ...

Mom Kunthear
http://www.khmertimeskh.com/news/35275/unions-want-meet-with-minister-to-discuss-labor-law-problems/

Shaky outlook for black pepper

The rapid expansion of pepper cultivation in Cambodia coincides with the spice’s plummeting world prices, creating concerns that the glut of pepper ripening on vines across the Kingdom could further erode next season’s market prices and push the sector toward a collapse. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/shaky-outlook-black-pepper

Invasive fruit flies detrimental to Kingdom’s mango exports

Cambodia’s mango shipments have been routinely blocked before making it to the international market, with the Ministry of Agriculture claiming the mangoes are not of a high enough quality to meet the sanitary and phytosanitary (SPS) requirements necessary to ship outside of the Kingdom. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/invasive-fruit-flies-detrimental-kingdoms-mango-exports

Cambodia wants GSP review

Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF) granted to the kingdom, as a less developed country, in order for its exports to have better preferential access to the North American market. ...

May Kunmakara
http://www.khmertimeskh.com/5080069/cambodia-wants-gsp-review/

Company launches digital ad operation

Cambodian Investment Management’s social-media marketing and advertising business has launched Dynamo Innovative Digital Advertising, the group said last week. Dynamo will inherit 10 clients, managing 20 social-media pages, 90 per cent of which are on Facebook and 10 per cent on LinkedIn. ...

http://www.phnompenhpost.com/business/company-launches-digital-ad-operation

CIMB the latest to add local insurer

CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer

IMF sees exports to US offsetting China slowdown

Cambodia’s economy is expected to benefit from a strong recovery in the US markets and the fall of global oil prices, driving its high growth trend, according to the International Monetary Fund’s projection for the Asia-Pacific region. ...

Kimsay Hor
http://bit.ly/1E0h3a5

Garment, footwear, travel goods exports $7B

Cambodia sold more than $6.8186 billion worth of garments, footwear and travel products on international markets in the first eight months of 2021, according to the Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/garment-footwear-travel-goods-exports-7b

China talks for ‘pra’ fish exports kick off

The process to open market access for exporting Cambodian “pra” varieties of shark catfishes to China has begun in earnest, after officials from the two countries kicked off formal phytosanitary talks, far earlier than expected. ...

Hin Pisei
https://www.phnompenhpost.com/business/china-talks-pra-fish-exports-kick

Mixed emotions as EU revokes import tariffs on long grain Cambodian rice

With the EU rolling back import tariffs on long grain white rice from Cambodia and Myanmar, market participants expect a rise in shipments from Cambodian exporters who were however still skeptical due to continued high freight rates. ...

Khmer Times Staff
https://www.khmertimeskh.com/501009558/mixed-emotions-as-eu-revokes-import-tariffs-on-long-grain-cambodian-rice/

U.S to continue maintaining positive relations with Cambodia

U.S. Secretary of State Antony Blinken affirmed that the U.S. will maintain the positive relations with Cambodia based one the existing cooperation, especially on export market and other development assistance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501126231/u-s-to-continue-maintaining-positive-relations-with-cambodia/

Selling of unregistered land scrutinised

A senior land management ministry official has warned that officials will take action against land dealers who sell unregistered plots amid a market boom. The warning came as the Ministry of Land Management yesterday held a workshop in Phnom Penh to disseminate a directive on ...

Sen David
https://www.khmertimeskh.com/50536613/selling-of-unregistered-land-scrutinised/

Korean electronics giant sees growth in Cambodia

LG Electronics has identified Cambodia as the emerging market in ASEAN with the greatest potential for increasing sales and is expanding its business here, a senior executive of the South Korean company told Khmer Times last week at the LG InnoFest 2016 Asia in Seoul. ...

May Kunmakara
http://www.khmertimeskh.com/news/21715/korean-electronics-giant-sees-growth-in-cambodia/

New five-point plan to tackle drug slum

The government has announced a new action plan to deal with the drug problem in Trapaing Chhouk, a slum in the capital’s Sen Sok district that has been an open market for drug use and distribution for over a decade.    ...

Niem Chheng and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/new-five-point-plan-tackle-drug-slum

GSP exemption pitched

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched

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