Wing to handle gov’t fees

In an effort to increase transparency and accuracy, the payment of fees for government services such as business and vehicle registration, and taxes in the future, is now being handled by Wing Specialized Bank, the Commerce Ministry announced yesterday. A memorandum of understanding (MoU) was signed ...

May Kunmakara
http://www.khmertimeskh.com/news/29819/wing-to-handle-gov---t-fees/

Cambodia-Laos MoU on GI

Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...

Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/

Joint online tax system

The Ministry of Commerce and the Ministry of Economy and Finance’s general taxation department plan to jointly operate an online business tax registration system in a bid to strengthen tax collection in the country and root out corruption. Sok Sopheak, under-secretary of state of the Ministry ...

Chea Vannak
http://www.khmertimeskh.com/news/29545/joint-online-tax-system/

Bird’s nest export plan ready to fly

Cambodia is looking to secure its first commercial contract for the export of swiftlet nests to China, but must first demonstrate compliance with the Asian giant’s hygiene protocols, a government official has said. Hean Vanhan, undersecretary of state at the Ministry of Agriculture, said swiftlet nests, ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/birds-nest-export-plan-ready-fly

Thais to facilitate blocked maize exports

A month after Thailand blocked agricultural products from Cambodia over improperly stamped and signed certification documents, the Thai ambassador on Friday pledged to seek a solution for Cambodia’s maize exports. Commerce Minister Pan Sorasak said on Saturday that Cambodian authorities are doing their utmost to solve ...

Chea Vannak
http://www.khmertimeskh.com/news/29311/thais-to-facilitate-blocked-maize-exports/

Government taking inventory of fuel stocks

The Ministry of Commerce is visiting the Kingdom’s petroleum importers to check their inventories following the release of new regulations this week that require the companies to maintain and report their stock levels, a ministry official said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-taking-inventory-fuel-stocks

Palm sugar's GI status

Kampong Speu palm sugar is expected to receive its geographical indication (GI) status certification from the European Commission’s Directorate-General for Agriculture and Rural Development by the end of this year, according to an official from the Kampong Speu Palm Sugar Promotion Association (KSPSPA). Mr. Sok Sarang, ...

Sok Chan
http://www.khmertimeskh.com/news/29070/palm-sugar-s-gi-status/

IPAC to work closely with gov’t to enhance intellectual property

Cambodia’s first independent association for promoting intellectual property (IP) is seeking closer cooperation with government agencies to help the private sector better understand IP, its benefits and the importance of registering their products. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/ipac-work-closely-govt-enhance-intellectual-property

Consumer protection draft law almost ready

Officials at the Ministry of Commerce and Council of Ministers announced yesterday that a draft consumer protection law, which is intended to ensure that food and consumer products made domestically or imported into Cambodia are safe, was almost complete. A quarter of the almost 60 ...

Chea Vannak
http://www.khmertimeskh.com/news/28562/consumer-protection-draft-law-almost-ready/

Government scrubs database that exposed Hun family riches

The Commerce Ministry has scrubbed its website of all corporate shareholder information since last month’s release of a report damned by Prime Minister Hun Sen’s children for shedding light on the first family’s sprawling business empire. ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-scrubs-database-exposed-hun-family-riches-116772/

Microsoft translation project to tackle business jargon

American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...

Hor Kimsay
http://www.phnompenhpost.com/business/microsoft-translation-project-tackle-business-jargon

Petrol prices trimmed as fuel caps are revised

The Ministry of Commerce yesterday announced it was lowering the price ceiling on gasoline sold at retail petrol stations across the Kingdom between July 12 and 21 after the latest scheduled recalculation of fuel caps.   ...

Post Staff
http://www.phnompenhpost.com/business/petrol-prices-trimmed-fuel-caps-are-revised

Minister wants access to Thai port

The commerce minister has once again called on Thailand to consider giving access to Cambodian agricultural products to transit to the Thai port of Laem Chabang before being exported to a third country. The minister also called for a memorandum of understanding (MoU) to be signed ...

Sok Chan
http://www.khmertimeskh.com/news/27000/minister-wants-access-to-thai-port/

Wing to process business registry fees

The Ministry of Commerce has tapped Wing (Cambodia) Ltd Specialised Bank to be the fourth financial institution designated to handle payments for companies incorporated using the ministry’s online registration system. ...

Hor Kimsay
http://www.phnompenhpost.com/business/wing-process-business-registry-fees

Better tests on the way to check on imported food

The expiration dates of food and consumable goods will be more rigorously tested thanks to a push by the Ministry of Commerce to install mobile equipment to do the job, according to local media. ...

Chea Vannak
http://www.khmertimeskh.com/news/26844/better-tests-on-the-way--to-check-on-imported-food/

Another setback for online company registration goal

The Ministry of Commerce has extended the deadline for companies to register online after yet another poor response to its automated online business-registration system, a ministry official said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/another-setback-online-company-registration-goal

Cambodia eyes more trade with Hong Kong

The Ministry of Commerce received a visiting business delegation led by Bruno Luk, director of the Hong Kong Economic and Trade office in Singapore, Pao Hengdara, the ministry’s chief of cabinet, said yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-eyes-more-trade-hong-kong

Export cassava to Thailand, says ministry

Cambodia’s cassava growers have been asked to target Thailand as an export market due to the high demand for the starch-tuber in the neighboring country to produce ethanol, animal feed and flour, while little is done at home to stabilize prices and provide assistance to ...

Chea Vannak
http://www.khmertimeskh.com/news/26425/export-cassava-to-thailand--says-ministry/

Oil and gas imports fall: ministry

The Kingdom’s petroleum and gas imports fell in the first quarter of this year due to waning consumer and business demands, according to the Ministry of Commerce. However, a large petroleum, lubricants and oil importer said the fall in gas imports was just relative and ...

Sok Chan
http://www.khmertimeskh.com/news/26222/oil-and-gas-imports-fall--ministry/

Garment, footwear exports on the rise

The total value of exports from the Kingdom’s garment and footwear industry increased sharply this first quarter by 39.1 percent to some $2 billion compared to about $1.5 billion in the same period last year, according to figures released by the Ministry of Commerce. ...

Sok Chan
http://www.khmertimeskh.com/news/26220/garment--footwear-exports-on-the-rise/

Minister urges Turkey to launch direct flight

Cambodian Commerce Minister Pan Sorasak yesterday urged Turkey’s ambassador to follow through on a plan announced last year to establish direct flights as part of a push to enlarge bilateral trade to $500 million a year by 2020, from the current $108 million, the ministry ...

Post Staff
http://www.phnompenhpost.com/business/minister-urges-turkey-launch-direct-flight

Fuel price caps steady as crude heating up

The Ministry of Commerce yesterday announced revised price caps on fuel sold at retail petrol stations throughout the Kingdom from June 12-21, setting a price ceiling of 3,450 riel per litre on regular gasoline, 3,500 riel per litre on premium gasoline and 3,150 riel per ...

Post Staff
http://www.phnompenhpost.com/business/fuel-price-caps-steady-crude-heating

Royal Group gets exclusive steel deal from Posco

Yong Sheng Global Trading, a subsidiary within the Royal Group conglomerate, signed an exclusive partnership agreement with Posco SS-Vina, a Vietnamese-based steel company, for exclusive distribution rights of construction materials on Tuesday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/royal-group-gets-exclusive-steel-deal-posco

CAMFEBA launches an ASEAN guidebook

The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook

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