The Nation

Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...

The bilateral trade volume between Vietnam and Cambodia continued to grow during the first seven months of this year, prolonging an increase after three years of declines that ended in 2016. ...

Private-sector representatives in Cambodia are deeply concerned by the government’s inability to reduce the cost of doing business in the country, and they warn that the country would start to lose investors if the situation did not improve. At a logistics forum hosted by the European ...

The ASEAN-Korea Centre has hosted a seminar to promote investment in Cambodia’s agricultural industry. Co-organized with the Council for the Development of Cambodia (CDC), the “Investment and Business Environment Seminar on Cambodia” was held at Hotel Shilla in Seoul on June 29. About 70 Koreans attended. ...

Thai makers of farm products and agricultural machinery should expand into Cambodia to capitalise on that country’s rising demand for such products, according to Commerce Minister Apiradi Tantraporn. ...

Rosatom, Russia’s state nuclear-energy agency, is bullish on the outlook of its business in Southeast Asia after the speedy development of a project in Vietnam and a range of agreements with every country in the region except Singapore, the Philippines and Brunei. ...

The Don Sahong hydroelectric dam threatens the last 80 Irrawaddy dolphins in the Mekong River – as well as the livelihoods of the people downstream in Cambodia, who depend heavily on the river’s resources. ...

As Thailand is surrounded by neighbouring countries that only circulate banknotes, the Royal Thai Mint is eyeing Cambodia, Laos, Myanmar and Vietnam (CLMV) for its regional expansion plan. Deputy director-general of the Treasury Department Werawut Sripaoraya said that officials would tour Laos and Cambodia this year ...

Listed hire-purchase company Thitikorn plans to open two branches in Cambodia next year, after being in the market for one year and finding huge opportunity and high demand for motorcycle lending there, managing director Prathama Phornprapha said yesterday. ...

Thailand and China have agreed to strengthen ties in trade and investment, while the Chinese have been urged to invest more in the Kingdom, particularly in the focused super-clusters and 10 special economic zones (SEZs). ...

Sara Lamsam, president and chief executive officer, said yesterday that the company has formed a 49:51 joint venture called Sovannaphum Life Assurance with its partner Canadia Investment Holding, the holding company of Canadia Bank, Cambodia’s second-largest bank. ...

Thailand and Cambodia have agreed to strengthen ties in trade, investment, and other forms of cooperation, aiming for double-digit annual growth in bilateral trade from now on. Foreseeing the importance of human-resources development to make the Greater Mekong Subregion countries the core of the Asian ...

THAILAND and Cambodia will work on strategies next month in a bid to boost bilateral trade by 30 per cent a year over the next five years, while also stimulating more investment in planned special economic zones (SEZs). ...

Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...

Siam City Cement (SCCC)’s board of directors has approved a 40-per-cent share in a joint-venture company in Cambodia, Chip Mong Cement Corporation, a first step in its strategy to take advantage of the upcoming Asean Economic Community. ...

Asia has a unique opportunity to fight climate change and lift many more people out of poverty if it invests more in the communities living in its forests, experts said. ...

The National Broadcasting and Telecommunications Commission (NBTC) has signed a memorandum of understanding with the Telecommunication Regulator of Cambodia. The deal involves information exchange and collaboration in many aspects. The move also aims to further strengthen ties between the telecom regulators. ...

Siam Cement Group expects to pour between US$200 million and $300 million (Bt7 billion to Bt10.7 billion) of additional investment into Cambodia over the next five years, said Aree Chavalitcheewingul, vice president for regional business of SCG Cement-Building Materials. ...

Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...

Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...

A GOOD media planning strategy is essential for small and medium-sized enterprises from Thailand to break into Cambodia, a marketing guru told a recent seminar. Somphob Ritthikulprasert, executive adviser at ARS Chemical (Thailand), said to tap into Cambodia’s growing consumer market, Thai SMEs should learn how ...

RTB Technology, an IT-gadget distributor, is gearing up to cash in on the emerging market for connected devices as it aims to grow revenue this year by 10 per cent to Bt450 million. However, apart from expanding its line of products to cover the two ...

The Phnom Penh branch, which will serve customers from all over Cambodia, is BBL’s 29th international branch and the third in Cambodia of a Thai bank. The bank resumed operations on December 30 as the 45th commercial bank in Cambodia and held the grand opening yesterday. ...

Workers from Myanmar, laos, Cambodia and Vietnam now get better coverage. Migrant workers from Myanmar, Laos, Cambodia and Vietnam can now buy healthcare insurance and enjoy healthcare benefits that are on par with what Thais get via the country’s universal healthcare scheme. ...