Thai manufacturers sizing up Cambodia
Thai manufacturers are being urged to transfer some of their production facilities to Cambodia and other neighboring countries, according to a report in the Thai media yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/24478/thai-manufacturers-sizing-up-cambodia/
CCC, China’s ACFIC join forces to enhance investment ties
The Cambodian Chamber of Commerce (CCC) and the All-China Federation of Industry and Commerce (ACFIC) have announced the collaboration to strengthen investment ties between the two nations. ...
Chea Vanyuth
https://www.khmertimeskh.com/501495806/ccc-chinas-acfic-join-forces-to-enhance-investment-ties/
Industry pushes for electronic payments
With the e-commerce law hoped to be passed before the end of the year, industry experts said it is important for Cambodian businesses to begin to encourage e-commerce activity, with an emphasis on electronic payments systems. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/industry-pushes-electronic-payments
Government remains optimistic on economic growth
The government yesterday slightly lowered its growth forecast for this year – from 7 to 6.9 percent – citing slowing growth in China and Europe as well as the appreciation of the US dollar as the reasons for the cut. ...
May Kunmakara
http://www.khmertimeskh.com/news/17012/government-remains-optimistic-on-economic-growth/
School director transferred after $30k scandal
Ly Sothea, the director of the National Institute of Business (NIB) at the center of a scandal involving more than $30,000 that was withheld from teachers, was transferred from his position Monday to a new job at the Labor Ministry, though an Education Ministry official ...
Khuon Narim
https://www.cambodiadaily.com/news/school-director-transferred-after-30k-scandal-98383/
New partnership to light up electronics sector in Cambodia
Legrand, a French manufacturer of electrical equipment, entered into an agreement on Friday with local company BMSC to distribute uninterruptible power supply (UPS) devices in the Cambodian market. ...
Sok Chan
http://www.khmertimeskh.com/5096455/new-partnership-light-electronics-sector-cambodia/
Push for border use of local currencies
Business leaders from the Lower Mekong region are urging their respective governments to use local currencies for trading in border regions instead of the US dollar, arguing that this would facilitate Business transactions and reduce exchange costs, a Thai newspaper reported yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/push-border-use-local-currencies
Garments, handicrafts employ 700,000 people
The garments and handicrafts sector currently employs about 700,000 workers, a government official said. The official said Cambodia now had about 890 factories and 40,000 small businesses producing handicrafts with annual output of about $6 billion. ...
Business Registrations Up 10.8% in First 6 Months
The number of new businesses registered in Cambodia through the first six months of 2012 reached 1,694, an increase of 10.86 percent compared to the same period last year, according to figures released on Tuesday by the Ministry of Commerce. ...
Announcement on the "Official launch of business registration system on information technology platform"
On Monday, 15 June 2020, Deputy Prime Minister and Minister of Economy and Finance H.E. Aun Pornmoniroth addresses the participants while he was presiding over the official launch of business registration system on information technology platform with the participation from relevant ministries, institutions, development partners, ...
Ministry of Economy and Finance
Human rights issues alleged in renewable energy sector report
The first human rights benchmark of renewable energy companies reveals serious weaknesses in industry efforts to protect workers and communities, creating risks in a sector vital to countering the climate crisis, according to the Business and Human Rights Resource Centre (BHRRC). However, Cambodia, which aims ...
Sorn Sarath
https://www.khmertimeskh.com/50739595/human-rights-issues-alleged-in-renewable-energy-sector-report/
Exclusive ADB may offer more than $1.5b in new funding
Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...
Harrison White
https://www.khmertimeskh.com/50744668/exclusive-adb-may-offer-more-than-1-5b-in-new-funding/
Business owners embrace new online registration system
The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50751123/business-owners-embrace-new-online-registration-system/
Official launch of the Business Registration System on Information Technology Platform Phase 2
On 01 September 2021, the Ministry of Economy and Finance issued a press release on the official launch of the Business Registration System on Information Technology Platform Phase 2 collaborated with many ministries and departments. It was officially launched on September 01, 2021 at 9am, ...
Ministry of Economy and Finance
2nd phase of business registration system up
The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...
Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system
Phase two of online business registration to be launched
The Business Registration System on Information Technology Platform (OBR) Phase 2 will be launched on Sept 1 and will expand its services to many sectors. ...
Chea Vanyuth
https://www.khmertimeskh.com/50923155/phase-two-of-online-business-registration-to-be-launched/
U.S. companies confirm business expansion in Cambodia
U.S. companies will expand their businesses and inject more investment in Cambodia contributing to the economic recovery of the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/50964563/u-s-companies-confirm-business-expansion-in-cambodia/
Stimulating FDI to strengthen Cambodia’s economy
Despites the ongoing Covid-19 crisis and geopolitical tensions, foreign direct investment (FDI) inflows to Cambodia remain stable, attracting $3.6 billion last year, a senior official said on Friday. ...
Prak Chan Thul
https://kiripost.com/stories/stimulating-fdi-to-strengthen-cambodias-economy
PM asks MEF to simplify biz registration procedures
Prime Minister Hun Manet asked Deputy Prime Minister and Minister of Economy and Finance (MEF) and Chairman of the Committee on Economic and Financial Policy Aun Pornmoniroth to simplify business registration and reduce tax burdens for the self-employed in the informal economy to be formalised ...
Kang Sothear
https://www.khmertimeskh.com/501353754/pm-asks-mef-to-simplify-biz-registration-procedures/
Deadline for online business registration now extended to July
Uncertainty over business conditions and the impact of the spread of Covid-19 has prompted the Ministry of Commerce to postpone the issuing of fines until July for online business owners who are late to apply for e-commerce permits or licences. ...
Hin Pisei
https://www.phnompenhpost.com/business/deadline-online-business-registration-now-extended-july