Graft Risk Leads FedEx to Limit Local Business
In order to comply with legislation that prohibits bribery of public officials logistics company FedEx has limited its inbound shipments to Cambodia to those valued under $300. Customs and CamControl officials regularly impose unofficial payments to facilitate the customs and excise process. FedEx, initially announced ...
Ministry lauds businesses for cutting down plastic bag usage
The Ministry of Environment yesterday praised local supermarkets and shopping centres for reducing plastic bag usage following legislation passed last year that requires them to charge customers for plastic bags. ...
Chea Vannak
https://www.khmertimeskh.com/50520131/ministry-lauds-businesses-for-cutting-down-plastic-bag-usage/
Opening Preah Vihear border will hurt business: tourism operator
The government may reopen the border gate in front of Preah Vihear temple in a bid to strengthen ties with Thailand as diplomatic relations improve, but local tourism operators are concerned the move would hurt their business. ...
Chea Vannak
http://www.khmertimeskh.com/news/23232/opening-preah-vihear-border-will-hurt-business--tourism-operators/
Northern Michigan women teach business, sewing skills in Cambodia
Marie Eckstein, of Charlevoix, and her business partner Lin Alessio, of Interlochen, founded the nonprofit Red Dirt Road in 2012 to empower Cambodian women by teaching them business and sewing skills. ...
Stephanie Brzezinski
http://www.record-eagle.com/news/local_news/n-mich-women-teach-business-sewing-skills-in-cambodia/article_9b68a110-6920-54de-a678-3e212cfcbb33.html
As deadline passes, O’tres beach businesses fight on
Although an eviction deadline passed on Sunday for guesthouses, restaurants and bars along Sihanoukville’s popular O’Tres Beach, less than half of the businesses had left as of the evening, with others seeking to negotiate a deal with authorities that would allow them to stay. ...
Kang Sothear and Hannah Hawkins
https://www.cambodiadaily.com/news/as-deadline-passes-beach-businesses-fight-on-109828/
Sihanoukville beach businesses given a month to move out
All bars, restaurants and guesthouses along O’Tres Beach near Sihanoukville, and some on neighboring O’Chheuteal Beach, must close up shop within a month or face forced eviction, local officials confirmed on Tuesday. ...
Sek Odom and George Wright
https://www.cambodiadaily.com/news/sihanoukville-beach-businesses-given-a-month-to-move-out-108604/
Former Goldman Prize winner on bridging business-environmentalist divide
Tuy Sereivathana sits at his desk transfixed by the glow of his computer screen. On the walls of the environmentalist’s modest office are hung pictures of rare species of plants and animals found in the Cardamom Mountains, one of Cambodia’s few remaining wildernesses. ...
Nov Povleakhena
http://www.voacambodia.com/a/former-goldman-prize-winner-on-bridging-business-environementalist-divide/3377488.html
King Father Mementos a Big Business for City's Vendors
Portraits of the late King Father Norodm Sihanouk covered the floor and dozens of coin-sized badges emblazoned with his image were scattered on the sidewalk in front of the Singha Mean printing house yesterday. Kuo Ransiky, the 41-year-old owner of the printshop on Phnom Penh’s street ...
Boat owners complain new port a burden for business
The Phnom Penh Municipality opened a new port for boat operators along the riverside in Daun Penh district yesterday in an effort to regulate operations, keep the river clean, and ensure customer safety. The new port comes three years after City Hall banned boats from docking ...
High Risk Seen in Kingdom’s Business Environment: Report
Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...
New Project Aims to Help Small Businesses in Cambodia
A new project by the government and Japan’s aid agency seeks to assist small companies in Cambodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...
Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/new-project-aims-to-help-small-businesses-in-cambodia-41534/?utm_source=rss&utm_medium=rss&utm_campaign=new-project-aims-to-help-small-businesses-in-cambodia
Cambodia's new business registrations drop 12 pct in 2013
Cambodia had issued operating licenses to 2,988 new companies last year, down 12 percent from 3, 386 in a year earlier, according to the Ministry of Commerce on Wednesday. Of the 2013 new business registrations, foreign businesses registered 1,448, down 9 percent, while local registrations fell ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/22/c_133065203.htm
Police Seek Chinese New Year Beer From Local Businesses
With Chinese New Year approaching, the long arm of the law has once again reached out to local businesses in at least one Phnom Penh commune asking for their help to ensure police have enough beer to usher in the Year of the Horse in ...
Ben Sokhean
http://www.cambodiadaily.com/news/police-seek-chinese-new-year-beer-from-local-businesses-51072/
Global rice traders in Cambodia to explore business opportunities
Some 300 rice traders and millers from around 40 countries met here on Wednesday to seek opportunities to expand their rice businesses, officials said. Speaking at the opening ceremony of the World Rice Conference, Commerce Minister Sun Chanthol said the conference was an opportunity for Cambodia ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141119/global-rice-traders-cambodia-explore-business-opportunities
Business hub set to tackle key challenges before listing
The Phnom Penh Special Economic Zone has 77 tenants from nine countries and 80 per cent occupancy, but high electricity costs and corruption remain a drag on profits. The main issue is electricity costs, says PPSEZ chief executive Hiroshi Umaetsu. “If [electricity] goes from 19 ...
Charles Rollet
http://www.phnompenhpost.com/business-hub-set-tackle-key-challenges-listing
Drug slum back in business; police pledge weekly raids
As police prepared to send more than 100 suspected drug dealers and users to court Monday, the notorious Phnom Penh slum where they were arrested in two separate raids last week remained a hive of illicit activity. ...
Khy Sovuthy and Matt Blomberg
https://www.cambodiadaily.com/news/drug-slum-back-in-business-police-pledge-weekly-raids-92388/
FGVH to develop upstream, downstream plantation business in Cambodia
Felda Global Ventures Holdings Bhd (FGVH) is planning to develop upstream and downstream activities in the plantation sector in Cambodia. Chief executive officer-designate Dr Emir Mavani Abdullah said that apart from marketing its products, including palm oil-based products in Cambodia, FGVH was also planning to set up rubber ...
http://biz.thestar.com.my/news/story.asp?file=/2013/6/25/business/13283257&sec=business
Businesses know little of the letter of the law
Cambodia entrepreneurs faced considerable problems when it came to obeying tax laws and other regulations, officials at a seminar about that very subject said yesterday. The VDB Loi company organised the seminar on “New Practices and Preferential Trade Rules” with the co-operation of the General Department of Customs and ...
Tax exemption for small businesses
Prime Minister Hun Manet has unveiled plans to scrap taxes for small businesses earning less than 250 million riels, with calls being made to implement the measure and ensure businesses understand it. ...
Kuch sikol
https://kiripost.com/stories/tax-exemption-for-small-businesses
Investment accounts open
Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...
http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html