Economy and commerce

IT firm emerges as Single Portal Phase II’s first entry

Sabay Osja Co Ltd became the first company to apply for a licence via the government’s online business registration platform, also known as the “Single Portal”, in its second phase, according to the Ministry of Economy and finance.   ...

Thou Vireak
https://www.phnompenhpost.com/business/it-firm-emerges-single-portal-phase-iis-first-entry

Fresh mango exports up 251 percent in first eight months

The export of Cambodian fresh mangoes to international markets saw a remarkable increase of 251 percent to 163,828 tonnes during the first eight months of this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50931274/fresh-mango-exports-up-251-percent-in-first-eight-months/

Export of Cambodian longans to China imminent

Cambodian Minister of Agriculture, Forestry and Fisheries, Veng Sakhon,  has said that  China’s General Administration of Customs had recently released its list of quarantine pests in regard to the export of Cambodian longans to China. ...

Khmer Times Staff
https://www.khmertimeskh.com/50931204/export-of-cambodian-longans-to-china-imminent/

Bicycle exports jump nearly 25% so far this year

Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...

Michael Firn
https://www.khmertimeskh.com/50931087/bicycle-exports-jump-nearly-25-so-far-this-year/

Business bodies to up Cambodia-Thai trade, investment

Cambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighboring Southeast Asian nations. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-bodies-cambodia-thai-trade-investment

DBD becomes Growth Board’s first listing

DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...

Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing

More Cambodian farm produce enters Vietnam

Cambodia exported much bigger volumes of agricultural products to Vietnam in the first eight months of this year, said the Vietnam Trade Office in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/50930456/more-cambodian-farm-produce-enters-vietnam/

Is Cambodia on track to open for tourism in November?

With Phnom Penh becoming the most vaccinated city in Southeast Asia, moves are by the Ministry of Tourism and other related sub committees to formulate a workable plan within Cambodia’s tourism and investment sectors  to work towards a possible reopening of borders for fully vaccinated ...

Khmer Times Staff
https://www.khmertimeskh.com/50930468/is-cambodia-on-track-to-open-for-tourism-in-november/

Unions to request 11.6% raise to minimum wage

Seventeen union representatives from the Wage Negotiation Working Group have agreed to negotiate for a $22.20 increase in salaries for textile, garment and footwear workers for 2022. ...

Long Kimmarita
https://www.phnompenhpost.com/national/unions-request-116-raise-minimum-wage

Investing wisely in the securities market using Buffett’s time-tested techniques

Investing in the stock exchange can be a successful way of making money, whether as a source of additional cash to supplement income, generating “passive income” or even in achieving “financial freedom”. ...

Post Staff
https://www.phnompenhpost.com/banking-securities-business/investing-wisely-securities-market-using-buffetts-time-tested-techniques

International tourists to Cambodia through the three airports decreased by 92%

The number of foreign tourists visiting Cambodia through the three international airports in the first seven months of 2021 was about 50,000, down more than 92 percentage compared to the same period in 2020. According to data from the Ministry of Tourism. ...

Hin Pisei
https://www.postkhmer.com/business/2021-09-06-1435-223076.html

Gov’t leases 370ha to firm for crab farming

The government has agreed in principle to lease more than 370ha of state public land in Koh Kong province’s Sre Ambel district to a private company with plans to develop a natural crab aquaculture area and a small port.   ...

Voun Dara
https://www.phnompenhpost.com/national/govt-leases-370ha-firm-crab-farming

KE, AmCham join forces on SME ecosystem

The government-funded Khmer Enterprise (KE) and the American Chamber of Commerce in Cambodia (AmCham) have forged a partnership that will centre on building and promoting a sustainable and workable ecosystem for small- and medium-sized enterprises (SME) and entrepreneurs in the Kingdom.   ...

May Kunmakara
https://www.phnompenhpost.com/business/ke-amcham-join-forces-sme-ecosystem

Cambodia’s seven-month exports to US surge 27 percent

Cambodia’s exports were valued at $4,298 million in the first seven months of this year, a year-on-year increase of 26.8 percent, according to data from the US Census Bureau. ...

Chea Vanyuth
https://www.khmertimeskh.com/50929929/cambodias-seven-month-exports-to-us-surge-27-percent/

BRI projects help Cambodia cushion economic fallout of COVID-19 pandemic

Cambodian government chief spokesman Phay Siphan said BRI projects here like the construction of the Phnom Penh-Sihanoukville expressway, the new Siem Reap international airport, the national stadium, and the Sihanoukville Special Economic Zone (SSEZ) among others, have provided tremendous benefits to Cambodia’s economic development during ...

Khmer Times Staff
https://www.khmertimeskh.com/50929789/bri-projects-help-cambodia-cushion-economic-fallout-of-covid-19-pandemic-2/

Vietnam trade passes $6B in Jan-Jul

The bilateral trade volume between Cambodia and Vietnam topped $6 billion in the first seven months of 2021, more than doubling over the same period last year even, as both countries amp up their battles against the novel coronavirus and its more virulent variants. ...

Thou Vireak
https://www.phnompenhpost.com/business/vietnam-trade-passes-6b-jan-jul

Cambodia’s pepper exports soar over 500 percent in first eight months

Cambodia has exported 24,847 tonnes of pepper to foreign markets in the first eight months of this year, according to Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries. ...

Khmer Times Staff
https://www.khmertimeskh.com/50928495/cambodias-pepper-exports-soar-over-500-percent-in-first-eight-months/

Cashew exports grows by 340 percent

Figures from the Ministry of Agriculture, Forestry and Fisheries show that from January to August 2021, Cambodia exported about 876,521 tonnes of cashew products to foreign markets, a significant increase of 340 percent compared to the same period the previous year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50928483/cashew-exports-grows-by-340-percent/

2nd phase of business registration system up

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system

BRI projects help Cambodia cushion economic fallout of COVID-19 pandemic

Projects under the Belt and Road Initiative (BRI) have been helping buffer Cambodia’s economic development against the fallout of COVID-19, officials and academics said in recent interviews. ...

Khmer Times Staff
https://www.khmertimeskh.com/50927813/bri-projects-help-cambodia-cushion-economic-fallout-of-covid-19-pandemic/

Council for the Development of Cambodia approves 211 Japanese investment projects

The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...

Hin Pisei
https://www.postkhmer.com/business/2021-09-01-1042-222828.html

Cambodia Association of Travel Agents: Reopen tourism to put Cambodia on the map

The speed of the government’s Covid-19 vaccination campaign will provide significant opportunities for Cambodia to welcome back fully-vaccinated international visitors, as the Kingdom gears up to host the ASEAN Tourism Forum (ATF) on January 16-22, Cambodia Association of Travel Agents (Cata) president Chhay Sivlin affirmed. ...

Thou Vireak
https://www.phnompenhpost.com/business/cata-reopen-tourism-quickly-put-cambodia-map

2nd phase of business registration system up

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system

Kingdom’s largest rice exporter leads farmers in diversifying crops

Amru Rice, Cambodia’s largest producer and exporter of the grain, is working with its farmers to diversify beyond the country’s largest agriculture product and grow other foodstuffs, including black pepper, cassava and cashews. ...

Husain Haider
https://www.khmertimeskh.com/50926884/kingdoms-largest-rice-exporter-leads-farmers-in-diversifying-crops/

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