Business associations

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. ...

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. ...

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. ...

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. ...

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. ...

A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...

US investments in Cambodia increased 15-fold last year, due mainly to the construction of a new Coca-Cola plant in the Phnom Penh Special Economic Zone, according to a statement from the Council for the Development of Cambodia (CDC). ...

Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years. ...

Italy will set up a chamber of commerce in Cambodia this year with the aim of promoting and strengthening trade and investment opportunities in the kingdom.   ...

The government should speed up amendments to its investment laws ahead of two major business conferences set for next year when visiting foreign investors will get first-hand knowledge of the economy, the head of a local business association said yesterday. ...

The Cambodia Chamber of Commerce (CCC) and China Foreign Trade Center on Tuesday signed a cooperation agreement with the aim of exchanging business and investment information between the two countries. CCC director-general Nguon Meng Tech told Khmer Times yesterday after the agreement signing that both sides ...

A new sub-decree to allow the Cambodia Chamber of Commerce to represent the business sector overseas, will come into force next year after Prime Minister Hun Sen signs the draft into law soon, according to a Commerce Ministry official. Soeng Sophary, the ministry’s spokesperson, said the ...

China is considering setting up an industrial zone in Cambodia and says it will announce new areas of cooperation with Asean nations in line with Cambodia’s industrial development policy. The issues were discussed on Saturday when Commerce Minister Pan Sorasak met Xu Ningning, executive president of ...

The high-profile investment conference, held under the tagline “Cambodia: The Kingdom of Opportunity Along The ‘One Belt, One Road”, saw representatives of more than 200 Chinese companies gather at a hotel conference centre on the outskirts of the capital. The full-day event was jointly organised ...

Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding trade and investment between the two countries. ...

With the Internal Revenue Service (IRS), the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia yesterday held a presentation for investors and financial institutions ...

The government will not increase the rate for income tax and other taxes for the next two years, but will instead concentrate on expanding the base for tax collection, taking into account that there are still many individuals and businesses that do not pay tax ...

China has pledged to increase its investment in Cambodia in return for the Kingdom’s commitment to its regional policies and economic initiatives in Southeast Asia. Wang Lei, secretary-general of the Chinese-ASEAN Expo (CAEXPO) Secretariat, said on Wednesday that Cambodia had thrown its full support behind China’s ...

The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...

Canada is keen to sign an investment protection agreement with Cambodia to boost trade between both countries following the visit of Canadian Foreign Minister Stephane Dion to the Kingdom last Friday. ...

Half of US businesses operating in Cambodia believe that political stability in the country is such that they are confident in expanding their operations, according to an annual report by the American Chamber of Commerce in Singapore and the US Chamber of Commerce’s International Affairs ...

Just a month since their election, the leaders of the nation’s apex rice industry have cast a motion to extend their terms – a move some have greeted with suspicion. ...

A Memorandum of Understanding (MoU) has been signed between Matrade and the Cambodia Chamber of Commerce, said Malaysian International Trade and Industry minister Datuk Seri Mustapa Mohamed. ...

Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...