To fight illegal logging, officials seek out saws
Desperate to cut down on illegal logging, Kampong Thom forestry officials are trying out a new strategy: disarming loggers before they can get to the trees by cracking down on chainsaw dealers and other sellers of equipment used to fell trees. On Sunday night, the Baray ...
Sen David
http://www.phnompenhpost.com/national/fight-illegal-logging-officials-seek-out-saws
New rice body gets president
The newly formed Cambodia Rice Federation (CRF), an organisation aimed at uniting the entire rice sector under one representative body, will be headed by Sok Puthyvuth, son of Deputy Prime Minister Sok An. Puthyvuth, who is also CEO of SOMA Group, a multifaceted business that includes ...
Chan Muyhong and Eddie Morton
http://www.phnompenhpost.com/business/new-rice-body-gets-president
Clash at Koh Kong SEZ protest
A 60-year-old woman was injured and sent to hospital yesterday when police cracked down on anti-eviction protesters blocking a busy bridge in Koh Kong province, villagers said. More than 100 villagers locked in a dispute with the company that manages the Koh Kong Special Economic ...
Sen David and Pech Sotheary
http://www.phnompenhpost.com/national/clash-koh-kong-sez-protest
Ports: Strong growth in 2019
Cambodia’s two key listed autonomous ports reported strong business performance last year before the ongoing Covid-19 pandemic which is currently ravaging the transport sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ports-strong-growth-2019
Cash infusion set for financial sector
The government will disburse between $500 and $600 million in low-interest loans to financial institutions to enable them to provide loans to businesses at lower interest rates. ...
May Kunmakara
https://www.phnompenhpost.com/business/cash-infusion-set-financial-sector
SME competition set for July
The private sector plans to launch the first small and medium-sized enterprise (SME) competition in Cambodia to promote the SME sector and seek financial loan support for business expansion. ...
Thou Vireak
https://www.phnompenhpost.com/business/sme-competition-set-july
Kandal deputy police chief suspended over alleged land grab
The Ministry of Interior on Tuesday suspended Brigadier General Sreng Sokha, Kandal provincial deputy police chief, for running a real estate business and allegedly grabbing more than 40 hectares of land in Takhmao city. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50716112/kandal-deputy-police-chief-suspended-over-alleged-land-grab/
Smart Axiata launches help for startups/SMEs
To support startups and small businesses across Cambodia, Impact Hub Phnom Penh is launching a new education programme for entrepreneurs with funding from Smart Axiata’s $1 million COVID-19 relief fund. ...
Khmer Times Staff
https://www.khmertimeskh.com/50768946/smart-axiata-launches-help-for-startups-smes/
Smart Axiata’s 1 Million USD COVID-19 Relief Fund brings assistance to Kingdom’s farmers amid pandemic
With many garment factories, construction sites and other businesses closing due to COVID-19, thousands of workers lost their jobs and had to return home to farming and earning a living by working in agriculture. ...
Trials and tribulations of entrepreneurship
A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...
Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/
Path to high value-added aquaculture sector studied
A study has been undertaken to look at the upgrading of fishery businesses in Battambang and Kampong Chhnang provinces. Those upgrades could then be replicated in other provinces in the country. ...
Sok Chan
https://www.khmertimeskh.com/50811787/path-to-high-value-added-aquaculture-sector-studied/
Seven more financial institutions join CGCC
Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc
Single Portal records 10,536 companies in just 19 months
A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single Portal, in the 19 months since its launch in mid-2020. ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-records-10536-companies-just-19-months
In Cambodia’s Siem Reap, $880m airport faces hurdles to success
Down a dirt road in Cambodia’s Siem Reap province, behind homes and a few sundry shops, construction teams are busy working to transform an empty rice field into an international airport capable of handling 10 million travellers by 2030. ...
Danielle Keeton-Olsen
https://www.aljazeera.com/economy/2022/2/16/in-cambodias-siem-reap-990m-airport-faces-hurdles-to-success
Garment workers protest factory’s move, fear shutdown
Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/garment-workers-protest-factorys-move-fear-shutdown
$150 million tourism package released
The government yesterday released a financial intervention package of $150 million to revive the tourism sector by financing businesses affected by the Covid-19 pandemic in the last two years. ...
Kang Sothear
https://www.khmertimeskh.com/501077244/150-million-tourism-package-released/
NBC: Loans, deposits see double-digit 2022 growth
The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth
Tie-ups eyed for gainful rice types
Minister of Agriculture, Forestry and Fisheries Dith Tina urges the Cambodian Agricultural Research and Development Institute (CARDI) to focus on partnering with businesses to monetise the creation of different varieties of rice to create new income streams. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/business/tie-ups-eyed-gainful-rice-types
Social media platforms taking over e-Commerce segment
Social media is rapidly taking over the e-Commerce sector in the Kingdom with almost all local businesses promoting their services using social media platforms, a latest market report has revealed. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501340001/social-media-platforms-taking-over-e-commerce-segment/
Cambodia-India ties strengthening
Ambassador Devyani Khobragade highlighted the increased business interactions aimed at bolstering bilateral trade. ...
Samban Chandara
https://www.phnompenhpost.com/national/cambodia-india-ties-strengthening