Economy and commerce

Business associations

CABS provides opportunity for regional connectivity, says MoC

Cambodia’s commitment and efforts in unleashing the broader ASEAN market and beyond cropped up for discussion on Monday evening during the cocktail networking event of the Cambodia-ASEAN Business Summit (CABS) at Sofitel Phnom Penh Phokeethra in the capital. ... ...

Nhean Chamrong

Kep issues reminder to renew ad licences or face fines and closure

Kep provincial governor Som Piseth has issued a reminder that all advertising licences in the province are now due for renewal. Businesses which fail to comply will be fined, and may face temporary suspension, or even the closure, of their operations. ... ...

Chea Sokny

India-Cambodia Joint Business Council launched

In a significant move aimed at bolstering economic ties between India and Cambodia, the India-Cambodia Joint Business Council (ICJBC) was officially launched on Friday. ... ...

Taing Rinith

Expanding investment networks: Cambodia-UAE forum set for ‘24

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ... ...

Van Socheata

Cambodia’s EoDB index still positive: EuroCham

Cambodia's ease of doing business (EoDB) index remains positive despite external challenges including global inflation and the Russia-Ukraine conflict, according to the Business Confidence Survey 2023 by the European Chamber of Commerce (EuroCham). ... ...

May Kunmakara

Thai fugitive linked to casino fire received Cambodian citizenship, shares business ties with Tycoon Ly Yong Phat

Fugitive Thai politician Vatana Asavahame, linked to management of the Poipet casino devastated by a deadly fire last week, received Cambodian citizenship in a 2008 royal decree, according to documents viewed by CamboJA. ... ...

Jack Brook and Sovann Sreypich

CARD, UN on nutrition drive

The Council for Agricultural and Rural Development (CARD), in collaboration with the UN World Food Programme (WFP), have launched a dissemination strategy for the SUN Business Network (SBN) – a key part of the global Scaling Up Nutrition (SUN) Movement – in a bid to ...

Mom Kunthear

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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