Industry ministry rolls out KhmerSME information portal
The Ministry of Industry, Science, Technology and Innovation has rolled out the KhmerSME website to provide micro-, small- and medium-sized enterprises (MSME) access to comprehensive business information, as well as ASEAN and global markets. ...
May Kunmakara
http://phnompenhpost.com/business/industry-ministry-rolls-out-khmersme-information-portal
Tax breaks to be extended beyond reopening
The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-breaks-be-extended-beyond-reopening
Aeon set to build international logistics hub
AEON Mall (Cambodia) Co Ltd’s first “multifunctional logistics business centre” is set to break ground early next month and start operations next year, in a special economic zone (SEZ) near Sihanoukville Autonomous Port (PAS), according to a port source with knowledge of the matter. ...
Hom Phanet
https://www.phnompenhpost.com/business/aeon-set-build-international-logistics-hub
SME Bank disburses $54M loans to tourism related biz
A total of $54 million in loans have been disbursed to tourism-related businesses through the state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank)’s Tourism Recovery Co-Financing Scheme as of July this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501337906/sme-bank-disburses-54m-loans-to-tourism-related-biz/
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
AI making new waves to policymaking challenges
Artificial Intelligence (AI) is capable of creating a new wave of challenges before the policymakers, opined a subject expert, highlighting the need for great caution amid governments, businesses and individuals facing increased cyber security risks. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501348542/ai-making-new-waves-to-policymaking-challenges/
E-commerce tax earnings hit $52.2M in first 8 months
Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-tax-earnings-hit-522m-first-8-months
New investment law entices Hong Kong investors
Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-investment-law-entices-hong-kong-investors
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
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Accredited lab to boost food safety nationwide
The Laboratory of Environment and Food Safety (LEFS) at Institut Pasteur du Cambodge (IPC), is now accredited for food microbiology testing, enabling it to further assist food processing businesses to identify potential food safety hazards and improve the safety and quality of food products. ...
Prak Chan Thul
https://kiripost.com/stories/accredited-lab-to-boost-food-safety-nationwide
Kampong Speu governor courts investors in Hong Kong
Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...
Van Socheata
https://www.phnompenhpost.com/business/kampong-speu-governor-courts-investors-hong-kong
CDC pitches ‘Plus One’ to Japan investors
A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-pitches-plus-one-japan-investors
Cambodia to benefit from China’s commitment to free trade and sharing its large domestic market with the world
China’s broader push for its pathway to modernization has fueled expectations that the nation will bring more opportunities and create a dynamic of growth that will deliver wide-ranging benefits for the world, according to business leaders and analysts. ...
Khmer Times Staff
https://www.khmertimeskh.com/501213673/cambodia-to-benefit-from-chinas-commitment-to-free-trade-and-sharing-its-large-domestic-market-with-the-world/
Vietnam steps up trade promotion in Cambodia
The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501304682/vietnam-steps-up-trade-promotion-in-cambodia/
Cambodia, Pakistan mull joint trade-body committee
Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...
Van Socheata
https://www.phnompenhpost.com/business/cambodia-pakistan-mull-joint-trade-body-committee
Ministry, tourism firm talk ‘sustainable’ trips
The Ministry of Environment held a March 22 press conference with tourism firm All Dreams Cambodia on the protection of the Kingdom’s natural resources and sustainable development that is resilient to climate change in conjunction with private tourism-linked businesses. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/ministry-tourism-firm-talk-sustainable-trips
Real estate firm behind first ‘gold bond’ books solid 2022
Golden Tree Co Ltd (GT), the real estate firm behind the Kingdom’s first green bond, reported sound business performance last year, amid economic stress stemming from the Ukraine conflict and prolonged Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/real-estate-firm-behind-first-gold-bond-books-solid-2022