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”. ...
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/