សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Customs' taxing dilemma

Average Cambodians are to pay the price for stamping out corruption in the customs department. Prices for basic goods, such as food and clothing, rose recently after the department was ordered last week to clean up its act and apply the official tax rate, importers told ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/customs-taxing-dilemma

Micro-insurance access urged

Cambodia’s finance sector should increase insurance accessibility to its smallest lenders to help protect against indebtedness at times of disaster, an industry expert said at a conference in Phnom Penh yesterday. Speaking at the Hotel Cambodiana to an audience of industry representatives on rural entrepreneurship, Jaime ...

Hor Kimsay and Daniel de Carteret
http://www.phnompenhpost.com/business/micro-insurance-access-urged

Lending at Cambodia's banks increases 17 pct in 9 months

Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. The kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.S. dollars to customers by the end of September ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/21/c_132907523.htm

Accounting, Auditing Crucial in Development, Experts Say

Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

Im Sothearith
http://www.voacambodia.com/content/accounting-auditing-crucial-in-development-experts-say/1793321.html

Vietnamese market planned

Cambodia’s first Vietnamese wholesale market is being constructed in Phnom Penh, a Vietnamese trade officer told the Post yesterday. Tran Tu, trade attaché of the Vietnam Trade Office in Cambodia, said the new wholesale market seeks to enhance Vietnamese produce in Cambodia. The wholesale market, will be located ...

May Kunmakara
http://www.phnompenhpost.com/business/vietnamese-market-planned

Despite Denials, Levi’s Still Producing at SL Garment Factory

U.S. denim giant Levi Strauss continued to deny this week that its products are linked to the strife-torn SL Garment Factory in Phnom Penh, despite new photographs showing Levi’s trademark jeans stacked on benches at the plant in Meanchey district. The Singaporean-owned factory, which also produces ...

Dene-Hern Chen and Aun Pheap
http://www.cambodiadaily.com/news/despite-denials-levis-still-producing-at-sl-garment-factory-47389/

Cambodia's trade with China up 31 pct in 9 months

The bilateral trade volume between Cambodia and China rose by 31 percent in the first nine months of the year thanks to closer ties between the two governments, Chinese Ambassador to Cambodia Bu Jianguo said Thursday. From January to September this year, the two-way trade volume ...

ECNS News Staff
http://www.ecns.cn/business/2013/11-15/88574.shtml

Update says rubber company up to old tricks

Vietnamese rubber firm Hoang Anh Gia Lai (HAGL) has failed to keep its commitments to address human rights and environmental abuses at its plantations in Cambodia, Global Witness said in a statement yesterday. In May, the London-based NGO published an investigation into two Vietnamese rubber companies ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/update-says-rubber-company-old-tricks

Banks Urged to Divest From Ratanakkiri-Based Rubber Firm

Environmental campaign group Global Witness on Thursday called on the International Finance Corporation (IFC) and Deutsche Bank to divest immediately from a Vietnamese firm whose rubber plantations in Cambodia are accused of rampant illegal logging and forced evictions of indigenous communities. The call came exactly six ...

Zsombor Peter
http://www.cambodiadaily.com/news/banks-urged-to-divest-from-ratanakkiri-based-rubber-firm-47045/

Insurance claims through the roof

Partly triggered by recent flood damage and an increase in road accidents, claims filed with the six general insurance companies in Cambodia spiked more than 160 per cent in the nine months through to September compared with the same time last year, the latest data ...

Chan Muy Hong
http://www.phnompenhpost.com/business/insurance-claims-through-roof

H&M tries exclusivity agreement

Clothing giant H&M is testing the garment production waters by entering into exclusivity agreements with factories in Cambodia and Bangladesh, according to a report from Bloomberg News yesterday. This means that Sweden-based H&M would buy all of the factory’s output. H&M, it seems, would still be ...

Daniel de Carteret
http://www.phnompenhpost.com/business/hm-tries-exclusivity-agreement

Koh Russey Resort to exhibit in Hong Kong

Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...

Moeun Nhean
http://www.phnompenhpost.com/real-estate/koh-russey-resort-exhibit-hong-kong

Cambodia's customs officials urge importers to pay "tax fees, not pay bribe"

Cambodia’s customs officials on Wednesday called on all importers to pay”tax fees as stated by law, not pay bribe”to customs officers. The appeal came after some Chinese importers have complained that Cambodian customs officers have increased tariffs for their imported products, or not allowed their ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-11/14/c_132886796.htm

Cambodia's export up 30 pct in 10 months

Cambodia’s export has seen a 30 percent rise in the first 10 months of 2013 thanks to the surges in the exports of garment, milled rice, and rubber, trade data showed Wednesday. The Southeast Asian nation has exported goods in a total value of 5.87 billion ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/13/c_132885668.htm

Cambodia's insurance industry reports 20 pct growth in 9 months

Cambodia’s insurance industry recorded a total premium of 31 million U.S. dollars in the first nine months of the year, up 20 percent compared with the same period last year, figures showed Tuesday. It said during January-September period this year, the total amount of claims paid ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/12/c_132882328.htm

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