BoC is set to expand after rapid growth
Having seen rapid growth since launching in Cambodia two years ago, the Bank of China (BoC) plans to expand its business operations here. According to a Xinhua report, BoC’s deputy governor Zhu Shuming said during his visit to Cambodia last Friday that its local operations have ...
http://www.phnompenhpost.com/2013042265138/Business/boc-is-set-to-expand-after-rapid-growth.html
Cambodian traders urged to attend upcoming Macau Exhibition
Ministry of Commerce appealed to the Cambodian traders to join the upcoming Macau International Exhibition to promote their products and find business partners. The appeal was made following the Macau Trade and Investment Promotion Institute (IPIM), which announced that it would hold 2014 Macau International Environmental ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjc0YjA2Nzk3NjU
Angkor ready for surge of tourists
Siem Reap hotel operators are preparing for a deluge of tourists this Khmer New Year season the likes of which is not often seen, tourism officials say. Chheuy Chhorn, deputy director of Siem Reap’s tourism department, said after attracting 170,000 visitors to the first annual Angkor ...
Hor Kimsay
http://www.phnompenhpost.com/business/angkor-ready-surge-tourists
Online registration option to be rolled out to SMEs
The Ministry of Industry and Handicraft will introduce an online registration platform for Cambodia’s small- and medium-sized enterprises (SMEs) this year, a ministry official confirmed yesterday. Heng Sok Kong, secretary of state at the ministry, said the new software for web registration was built in partnership ...
Annie Lee
http://www.phnompenhpost.com/business/online-registration-option-be-rolled-out-smes
CNRP to hold 5,000-member conference this month
The opposition CNRP will host a conference in Phnom Penh on July 27 with 2,000 members of its National Council along with about 3,000 elected commune councilors, according to a statement issued by the party Wednesday. “Although the leaders are busy visiting and helping the people ...
Mech Dara
http://www.cambodiadaily.com/news/cnrp-to-hold-5000-member-conference-this-month-63735/
Tax regulation gets a shake up
In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...
Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup
Lottery firm hopes that second bet is a charm
Malaysian-backed 5D Pan Cambodian Lottery yesterday announced an official return to operations after a failed start-up in the Kingdom five years earlier. The company, who first announced in 2010 that it would start business in Cambodia, declined to detail yesterday why it did not get off ...
Hor Kimsay
http://www.phnompenhpost.com/business/lottery-firm-hopes-second-bet-charm
Special tax on QIP rolled back
The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...
Charles Rollet
http://www.phnompenhpost.com/business/special-tax-qip-rolled-back
Listed Chinese firm licensed to build another solar park
The Council for the Development of Cambodia (CDC) granted a business licence to Chinese panel maker Risen Energy (Cambodia) to build a 60 megawatt (mW) solar farm in Battambang province. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726630/listed-chinese-firm-licensed-to-build-another-solar-park/
Gov’t gives $23mil to workers who lost jobs over pandemic
A total of $23 million has been given out to those affected by the closure of businesses in the tourism industry and garment factories due to the COVID-19 pandemic. ...
Sen David
https://www.khmertimeskh.com/50800806/govt-gives-23mil-to-workers-who-lost-jobs-over-pandemic/
Tech firms taking larger slice of the nation’s e-commerce pie
Businesses are forging symbiotic platforms to gain a piece of the Kingdom’s growing e-commerce sector, while challenging Facebook’s dominance in the industry. ...
Husain Haider
https://www.khmertimeskh.com/50816980/tech-firms-taking-larger-slice-of-the-nations-e-commerce-pie/
PM: Learn new skills and change career
For those in the business of touch or hands-on service, such as that of a masseuse, the future looks bleak with their career on ice due to the Covid-19 pandemic. ...
Sen David
https://www.khmertimeskh.com/50908738/pm-learn-new-skills-and-change-career/
Cambodian PM encourages more investments from Singapore
Prime Minister Hun Sen has urged Singapore to encourage more investors to do business in Cambodia. The encouragement was made during the courtesy meeting between the Cambodian Premier and visiting Singapore Foreign Minister Dr. Vivian Balakrishnan, at the Peace Palace Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501026685/cambodian-pm-encourages-more-investments-from-singapore/
Investment options in securities market at different stages of life
Much like when building a career or successfully running a business, it is important when taking care of one’s investments to know that there are different investment strategies best suited to each stage of life. ...
APSARA Authority controls the water gates to avoid flooding in the temple area
The working team of the Department of Water, Forestry, and Infrastructure Management of the APSARA National Authority on October 4, was busy controlling the water gates to avoid flooding in the Angkor site. ...
Foreign employee quota application for work in Cambodia in 2024 now open
Cambodia has opened the application window for businesses to apply for the foreign employee quota. Under the quota system, only 10 percent of a local company’s workforce can be a foreign employee. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357470/foreign-employee-quota-application-for-work-in-cambodia-in-2024-now-open/
Credit guarantees to SMEs reach $113 million
The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $113.6 million to businesses as their working capital for expansion in the first quarter of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501278434/credit-guarantees-to-smes-reach-113-million/
Incentives await investors spending for skills training
A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501457946/incentives-await-investors-spending-for-skills-training/
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Agricultural policy and administration
![](https://opendevelopmentcambodia.net/wp-content/uploads/2015/12/Cambodia-farming-150x150.jpg)
Agriculture in Cambodia accounts for approximately 56% of the labour force. The size of the sector means that policies developed here have a significant impact on the whole country. Agricultural policy and administration is managed by the Ministry of Agriculture, Forestry and Fisheries (MAFF). There ...