Kingdom readies for major EAEU meet
Cambodia is due to host the 3rd Joint Working Group Meeting of the Cambodia-Eurasian Economic Union (EAEU) Commission on September 7-8, which will focus on trade and investment cooperation. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-readies-major-eaeu-meet
Banks see growth in Q1
Loans and deposits at Cambodia’s 31 commercial banks grew 35 per cent and 25 per cent respectively during the first quarter of the year on what insiders called increased soundness in the Kingdom’s financial sector. Outstanding loans at the end of March hit US$4.6 billion, according ...
http://www.phnompenhpost.com/index.php/2012061256735/Business/banks-see-growth-in-q1.html
Svay Rieng Workers Strike Again, Throw Rocks
Police briefly detained 13 garment factory workers on Thursday after about 20,000 workers, some throwing rocks, continued a strike that began Monday in Svay Rieng province’s Bavet City over wages and working conditions, a union official and police said. Union leaders had on Wednesday evening agreed ...
Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/svay-rieng-workers-strike-again-throw-rocks-49506/
Video talks set stage for crucial EAEU FTA meet
The Kingdom’s technical team and its Eurasian Economic Commission (EEC) counterpart recently assembled to share thoughts and opinions as both parties prepare for the third round of preliminary working-level talks toward formally launching free trade agreement (FTA) negotiations and expand trade markets and investments. ...
May Kunmakara
https://www.phnompenhpost.com/business/video-talks-set-stage-crucial-eaeu-fta-meet
Tackle issues early to ensure growth: IMF official
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 ...
Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official
Registration of garment factories up in first half
The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft. The report also showed that the garment sector employed 733,300 workers ...
Daniel de Carteret
http://www.phnompenhpost.com/business/registration-garment-factories-first-half
Canada eyes close ties with Cambodia, ASEAN
Canada is willing to build close ties with Cambodia and other ASEAN member states in politics, trade and investment, said Canadian Foreign Minister John Baird on Wednesday. John said that Canada’s International Trade Minister Ed Fast will make a visit to Cambodia next month to ...
http://news.xinhuanet.com/english/world/2012-07/11/c_131709296.htm
SMEs set to boost the Kingdom’s economy
More than 100 local small and medium enterprises (SMEs) were registered during the first three quarters of this year, and officials expect the government’s tax incentive policy for SMEs to boost growth, said a Ministry of Industry and Handicraft report. The SMEs – 105 of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/smes-set-boost-kingdoms-economy
Over 83 pct of Cambodia's urban dwellers have access to clean water: minister
More than 83 percent of Cambodia’s urban residents have currently access to clean water, up from only 60.5 percent in 2012, Minister of Industry and Handicraft Cham Prasidh said on Thursday. ...
Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=331482
One province, one SME zone
Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...
Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/
Electric proposal Usage-based plan to lower power rates
Cambodia’s electricity regulator is set to roll out seven new plans designed to reduce electricity fees beginning in April and through 2020, with some fees dropping as low as 480 riel per kilowatt hour. ...
Yesenia Amaro and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/electric-proposal-usage-based-plan-lower-power-rates
Petrol firms told to open books
Cambodia’s petrol retailers have been ordered by the government to hand over import information and financial records in what looks to be the first steps toward installing fuel-price legislation. The Ministry of Mines and Energy (MME) announced publicly yesterday via state-owned media Agence Kampuchea Presse (AKP) ...
Eddie Morton
http://www.phnompenhpost.com/business/petrol-firms-told-open-books
Call to restrict overseas imports
Small and medium enterprises (SMEs) have called for increased restrictions over allowing imported products from abroad access to their domestic markets. ...
Chea Vannak
https://www.khmertimeskh.com/50701923/call-to-restrict-overseas-imports/
Cambodia, Laos ink MoU for securities market development
The Securities and Exchange Regulator of Cambodia (SERC) signed a Memorandum of Understanding (MoU) with the Lao Securities Commission office (LSCO) to collaborate in the regulation and development of securities markets in both countries, said an official. ...
Kang Sothear
https://www.khmertimeskh.com/501342653/cambodia-laos-ink-mou-for-securities-market-development/
Food and beverage processing SMEs show remarkable growth
The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/
Cambodia hosts the fourth senior officials’ talks with Australia with fruitful outcomes
Senior officials from the Ministry of Foreign Affairs and International Cooperation of Cambodia and Foreign Affairs and Trade of Australia have co-chaired the fourth Senior officials Talks (SOTS) between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501474353/cambodia-hosts-the-fourth-senior-officials-talks-with-australia-with-fruitful-outcomes/
Training offer for new councillors
The Ministry of Interior plans to offer training courses to new commune councillors, Interior Minister Sar Kheng revealed yesterday after a closed-door meeting with National Election Committee officials. ...
Khy Sovuthy
http://www.khmertimeskh.com/5066121/training-offer-new-councillors/
TRC curbs phone service offers
A new deadline has been set for mobile operators Cellcard, Smart and Metfone to stop their promotional money exchange program by March 30, according to the Ministry of Posts and Telecommunication. ...
Sok Chan
http://www.khmertimeskh.com/news/36631/trc-curbs-phone-service-offers/
Chhin chides ministry on ELCs
Deputy Prime Minister Bin Chhin, the Kingdom’s top authority in charge of resolving land disputes, slammed the Ministry of Agriculture over “shameful” irregularities in granting economic land concessions at the Environment Ministry’s annual meeting yesterday.During yesterday’s meeting, Chhin accused the Ministry of Agriculture of granting ...
Phak Seangly
http://www.phnompenhpost.com/national/chhin-chides-ministry-elcs
Thitikorn to open two branches in Cambodia
Listed hire-purchase company Thitikorn plans to open two branches in Cambodia next year, after being in the market for one year and finding huge opportunity and high demand for motorcycle lending there, managing director Prathama Phornprapha said yesterday. ...
The Nation News Staff
http://www.nationmultimedia.com/business/Thitikorn-to-open-two-branches-in-Cambodia-30275540.html