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Opposition members criticise law changes

The National Assembly’s spokesman yesterday dismissed a statement released by the dissolved opposition CNRP criticising an extraordinary session of parliament called this week to pass amendments to the Penal Code and constitution. An extraordinary session was held on Wednesday to discuss and then approve the Penal ...

Khy Sovuthy
http://www.khmertimeskh.com/50108994/opposition-members-criticise-law-changes/

Malaysian company buys Cambodian advertisement agency

Go communication Group of Malaysia bought all shares of Active Event Management, advisement agency in Cambodia but it keeps all staff and management team for the agency. The announcement was made in the meeting under witness of information minister H.E Khieu Kanharith, he is also spokesman ...

http://thesoutheastasiaweekly.com/?p=4534

Job Seekers Flock to Weekend Career Forum

Employers and job seekers traded resumes for business cards by the thousands yesterday in Phnom Penh for the final day of the weekend-long 8th annual Career Forum on Koh Pich. A total of around 15,000 people attended the forum sponsored by the French Chamber of Commerce, ...

Thousands of Striking Factory Workers Briefly Block City Road

Nearly 6,000 striking garment factory workers briefly blocked Road 371 in Phnom Penh’s Meanchey district on Friday to bring attention to their demands for higher salaries, union officials and protesters said. Marking the third day of strike action, the mainly female workers moved into the middle ...

Shipments of cargo increase by 7.3 per cent

Cargo shipments through Sihanoukville’s Deep Sea Port increased more than seven per cent year-on-year in 2012. Port officials say this growth is a result of Cambodia’s economic performance and an improving global economy. “It is a fast rate of growth compared with previous years. We had ...

http://www.phnompenhpost.com/2013011660801/Business/shipments-of-cargo-increase-by-7-3-per-cent.html

Residents left in dark again

Residents in the vicinity of Kab Ko market in Phnom Penh’s Chamkarmon district found themselves fumbling in the dark yet again yesterday on the second consecutive day of hours-long power outages. According to locals, electricity to the street failed around noon on Wednesday and was restored ...

Sen David and Stuart White
http://www.phnompenhpost.com/national/residents-left-dark-again

British PM's trade envoy to visit Cambodia to boost trade, investment ties

British Prime Minister’s Trade Envoy Lord Puttnam will visit Cambodia from March 4 to 7 to strengthen bilateral trade and investment relations, according to a press statement from the British Embassy here on Monday. During his visit, Lord Puttnam will call on Prime Minister Hun ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/euruope/2014-03/03/c_133157100.htm

For Yunus, charity is not the only way

Professor Muhammad Yunus, a Nobel laureate who is considered the founding father of microfinance, urged an assembled crowd at the Royal University of Phnom Penh yesterday to start thinking about creating so-called social businesses. “Charity money goes, and does wonderful work, but it doesn’t come back,” ...

Joe Freeman
http://www.phnompenhpost.com/business/yunus-charity-not-only-way

Mixed outlook in Asean for BBL

Bangkok Bank’s international business this quarter is expected to witness a slowdown due to global market uncertainty, while Vietnam, which is an important market for BBL, has been sidelined by currency woes. Cambodia has some 40 banks, 10 of which are foreign. Given the size ...

Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Mixed-outlook-in-Asean-for-BBL-30255115.html

New arbitration center president calls for court system’s support

The newly established National Commercial Arbitration Center (NCAC) may have been set up to al­low businesses to settle disputes outside the court system, but it still needs support from judges and court officials to do its work effectively, its president said on Friday. Speaking at ...

Kang Sothear
http://www.cambodiadaily.com/business/new-arbitration-center-president-calls-for-court-systems-support-72408/

Minister reassures moto-taxi drivers over law

Interior Minister Sar Kheng said Tuesday that he would try to find a solution for moto-taxi drivers who have complained about a stipulation in the newly adopted traffic law that says motorbikes can carry a maximum of two adults and one child. Mr. Kheng said that ...

Khuon Narim
https://www.cambodiadaily.com/news/minister-reassures-moto-taxi-drivers-over-law-73932/

More local software urged : UNCTAD

Less developed countries should promote domestic software development that meets local needs and capabilities, bringing development gains, a United Nations Conference on Trade and Development (UNCTAD) report published last week says. Locally developed software is more likely to fit the culture, context and language where it ...

http://www.phnompenhpost.com/index.php/2012120360049/Business/more-local-software-urged-unctad.html

Vietnam-funded bridge and road project launched in Cambodia

A bridge and road project, the construction of which was funded with donations from Vietnamese expats and businesses in Cambodia, was launched in Troey Koh, Kampot city, the capital of Kampot province, on September 26. ...

Khmer Times Staff
https://www.khmertimeskh.com/50942304/vietnam-funded-bridge-and-road-project-launched-in-cambodia/

More $100 million added to support SMEs and agriculture sector

The government has allocated $100 million to support small and medium enterprises, agriculture and agro-industry sector enabling them to make their business recover from the pandemic-stricken period. ...

Chea Vanyuth
https://www.khmertimeskh.com/501025171/more-100-million-added-to-support-smes-and-agriculture-sector/

The Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. The agreement also presents opportunities for value-added investments in Cambodia’s downstream processing industries through a ‘plus one business model’, in which South Korean companies could expand ...

Khmer Times Staff
https://www.khmertimeskh.com/501090924/the-cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/

ASEAN sec-gen applauds implementation of RCEP

ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/asean-sec-gen-applauds-implementation-rcep

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

Cambodia earns $34.35 million e-commerce VAT from Facebook

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

Kang Sothear ​
https://www.khmertimeskh.com/1354671/cambodia-earns-34-35-million-e-commerce-vat-from-facebook/

Dr Hun Manet encourages Pfizer to continue finding investment opportunities in Cambodia

Prime Minister of the Kingdom of Cambodia, Dr Hun Manet has encouraged Pfizer to continue to find investment and business opportunities in Cambodia and promote relations with stakeholders, especially the Ministry of Health of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501366584/dr-hun-manet-encourages-pfizer-to-continue-finding-investment-opportunities-in-cambodia/

E-commerce market critical to Cambodia, CWEA says

The Cambodian Women Entrepreneurs Association (CWEA) said that e-Commerce in Cambodia is set to grow rapidly with the ease of doing business in the Kingdom. Entrepreneurs explained that the e-commerce sector has boomed in the country in recent years thanks to the rapid development of ...

Sok Sithika
https://www.khmertimeskh.com/501148275/e-commerce-market-critical-to-cambodia-cwea-says/

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