Economy and commerce

Business associations

Cambodia, and IFC promote mediation to resolve commercial disputes

Cambodia’s National Commercial Arbitration Center (NCAC) and the International Finance Corporation (IFC) are promoting mediation to resolve business disputes and build investors’ trust in commercial litigations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501039017/cambodia-and-ifc-promote-mediation-to-resolve-commercial-disputes/

Cambodia, Morocco plan business forum, keen to deepen ties: envoy

Cambodia and Morocco are planning a business forum geared towards expanding bilateral trade and investment cooperation, bridging investors of both countries, according to Cambodian ambassador to Thailand Ouk Sorphorn. ...

Hom Phanet
https://www.phnompenhpost.com/business/cambodia-morocco-plan-business-forum-keen-deepen-ties-envoy

Japanese company eyes a slice of silk pie

A Japanese company plans to invest in silk production, breeding silk worms in Battambang province to process into consumer products and exports, to boost economic growth and create more local jobs. ...

Nov Sivutha
https://www.phnompenhpost.com/business/japanese-company-eyes-slice-silk-pie

Finance ministry launches ‘Startup Cambodia’ platform

The Ministry of Economy and Finance on December 8 rolled out “Startup Cambodia”, an online platform managed by the Techo Startup Center (TSC) and Khmer Enterprise (KE) that sets out to create a supportive business environment for start-ups and develop the entrepreneurial ecosystem in the ...

Hom Phanet
https://www.phnompenhpost.com/business/finance-ministry-launches-startup-cambodia-platform

Meng: FTA with China will help us forget EBA

The loss of trade preferences in Europe would be more than offset if Cambodia manages to enter a free trade agreement (FTA) with China, said Cambodian Chamber of Commerce (CCC) president Kith Meng. Meng on Tuesday said landing an FTA with the second-largest economy in the ...

Hin Pisei
https://www.phnompenhpost.com/business/meng-fta-china-will-help-us-forget-eba

Private sector ‘regrets’ EBA partial withdrawal decision

The Cambodian Chamber of Commerce and other business chambers including the Malaysian Business Council of Cambodia, European Chamber of Commerce in Cambodia and American Chamber of Commerce in Cambodia have expressed their regret over the recommendation by the European Commission to partially withdraw the Everything ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50691649/private-sector-regrets-eba-partial-withdrawal-decision

Private sector leaders to meet with Hun Sen

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0

CCC inks 18 MoUs with Chinese firms

The Cambodia Chamber of Commerce (CCC) on Thursday signed 18 memorandums of understanding (MoUs) with a visiting delegation of Chinese business leaders from 24 firms. They involved various forms of cooperation. ...

Hin Pisei
https://www.phnompenhpost.com/business/ccc-inks-18-mous-chinese-firms

SEA leaders create development strategy

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50661055/sea-leaders-create-development-strategy/

Kith Meng re-elected as CCC president

Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...

Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/

US businessmen seek improved ties to Cambodia

US-ASEAN Business Council President Alexander Feldman wants Cambodia and the US to maintain and improve their relationship.​ ...

Ven Rathavong
https://www.khmertimeskh.com/537818/us-businessmen-seek-improved-ties-to-cambodia/

Boao Forum to further bolster Cambodia-China relations

The Boao Forum for Asia-Phnom Penh Conference brought together this week Chinese and Cambodian leading business ​people and politicians to discuss economic ties between the countries and promote inter-regional economic cooperation. ...

Sok Chan
https://www.khmertimeskh.com/50537483/boao-forum-to-further-bolster-cambodia-china-relations/

Chamber of Commerce Law forthcoming

The draft of the new Law on the Chamber of Commerce is again being reviewed by the Cambodia Chamber of Commerce (CCC). Once the proposed changes to the draft are completed, the law will be sent to the Council of Ministers for further discussion and approval, ...

Sum Manet
http://www.khmertimeskh.com/50105722/chamber-of-commerce-law-forthcoming/

Chinese companies playing active role in Lancang-Mekong Cooperation

Since the establishment of the Lancang-Mekong Cooperation (LMC) mechanism less than two years ago, many Chinese companies have been active players in the cooperation, greatly boosting regional development in the six riparian countries. Jiang Zengwei, chairman of the China Council for the Promotion of International ...

Fei Liena, Lu Juan, and Mao Pengfei
http://www.xinhuanet.com/english/2018-01/10/c_136885593.htm

Denmark’s Damco launches new head office

The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...

Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/

Legal firm to help elite gain dual citizenship

A NEW international law firm is preparing to set up shop to provide foreign citizenship or residency services to Cambodia’s wealthy elite by helping to facilitate large overseas investments as well as business expansion plans. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/legal-firm-help-elite-gain-dual-citizenship

GDT’s hands tied on sign fees

The tax authority yesterday refuted local media claims that it had endorsed a private sector call to end Phnom Penh City Hall’s taxation of billboards and commercial signage throughout the capital, which advocates have said imposes an onerous levy on local businesses. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gdts-hands-tied-sign-fees

Japanese FDI on the rise in Cambodia

The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia

Singapore delegation meets CDC

More than 40 business delegates from the Singapore-China Chamber of Commerce and Industry yesterday met the secretary-general of the Council for the Development of Cambodia (CDC) to discuss potential investments and seek local business partners. ...

Sok Chan
http://www.khmertimeskh.com/news/38688/singapore-delegation-meets-cdc/

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