Business associations

The Thai government’s move to stabilise rice prices for the 2014 harvest season has prompted mixed reactions from local rice industry representatives. Sok Puthyvuth, president of the Cambodia Rice Federation said yesterday the policy would impact Cambodia negatively when Thailand is forced to sell ...

The Minister of Industry and Handicrafts on Monday said the Cambodia Chamber of Commerce (CCC), the country’s most prominent private-sector lobbying group, should be doing more for the country’s entrepreneurs. “Honestly, even though the Cambodia Chamber of Commerce has more resources, it has not provided ...

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

The Telecommunication Regulator of Cambodia (TRC) has issued a warning to 15 companies that offer Voice over Internet Protocol (VoIP) services for allegedly failing to pay their annual fees. In a statement published on a local media website on August 22, the TRC demanded the companies ...

Cambodia’s business community is anticipating keen interest from overseas investors as registration for the country’s international investment conference opens this week. The International Business Chamber (IBC) of Cambodia investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The ...

Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...

Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the local company’s international footprint. As part of the joint partnership, GlobalVision has purchased a 50 per cent stake in First Cambodia for an ...

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, Saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ...

Labor Ministry officials are set to meet today with about 40 local recruitment agencies to talk about formalizing the procedure for sending migrant workers to Thailand, an agency director said. The meeting will focus on how the agencies can help migrants obtain work permits and other ...

ORO Financecorp Plc held its official launch on Friday, joining the growing ranks of microfinance institutions in the Kingdom. ORO Financecorp started providing business, agricultural and tractor loans in January with a $4 million capital investment from Seng Enterprise Co Ltd of Cambodia and Creed Asia ...

The newly-formed Cambodia Rice Federation (CRF), a body that aims to unite the rice sector under one representative body in the country, just elected its first chairman and he happens to be the son of Cambodia’s deputy prime minister. He is also the CEO of ...

Cambodia’s Prime Minister Akka Moha Sena Padei Techo Hun Sen will officially open the country’s premier international investment conference in Phnom Penh later this year, according to the event’s organisers the International Business Chamber of Cambodia (IBC). The event, which will take place on October 6th ...

European mega-brands are not doing enough to ensure that the Cambodian workers who make their products receive a basic living wage, according to a report released today. Tailored Wages, an analysis of 50 of Europe’s biggest clothing brands, found that many major high-street chains are doing ...

Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...

Thailand’s Viriyah Insurance, one of the biggest firms of its kind in the country, is seeking to expand its motor vehicle business in Southeast Asia, according to a report yesterday in the Bangkok Post. ...

Through a canopy of palm leaves, sunlight falls onto 1,000 four-month-old pepper plants, each one climbing about two feet up a wooden pole in the ground. “We will be ready to harvest pepper from here in about 18 to 20 months,” says one of Kep ...

A coalition of 30 brands and three global unions have sent a letter to Cambodian Prime Minister Hun Sen calling for an investigation into the recent use of deadly force against striking garment-sector workers. The letter, dated Friday, urged the government to launch a new process ...

Six major retail, footwear and garment industry associations whose members account for over 90 per cent of garment imports in the US and Canada have called on the Cambodian government, the Garment Manufacturers Association in Cambodia (GMAC) and unions to resume wage negotiations. The open ...

The Motion Picture As­sociation of Cambodia (MPAC), an independent body that aims to protect intellectual property, officially opened its doors Wednesday, vowing to put an end to the sale of pirated DVDs in Phnom Penh as its first order of business. “We are goingto serve everybody ...

Some of the world’s largest clothing brands have warned the Garment Manufacturers Association in Cambodia of possible business ramifications should the factory representative continue with plans to impede labour monitoring. Thirteen major buyers, including Gap, H&M, Levi’s, Nike and Puma, have signed a letter to GMAC ...

Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...