Cambodia promotes tourism at world’s leading travel trade show

BERLIN, GERMANY: A delegation from Cambodia’s Ministry of Tourism is at one of the world’s largest travel trade shows, ITB Berlin, to drive business from Europe into the country. ...

Marissa Carruthers

More than 10,700 new business establishments set up in Cambodia in 2022, an increase of 39 percent

Cambodia issued operating licenses to 10,701 new companies in 2022, up 39 percent from 7,677 firms in 2021, said a Ministry of Commerce’s report released on Monday. ...

Khmer Times Staff

Cambodia’s business establishments increase 50 pct in 10 years

Cambodia has 753,670 business establishments, employing 2.98 million people, the preliminary results of the 2022 Economic Census said here on Wednesday. ...

Khmer Times Staff

Cambodia, Morocco plan business forum, keen to deepen ties: envoy

Cambodia and Morocco are planning a business forum geared towards expanding bilateral trade and investment cooperation, bridging investors of both countries, according to Cambodian ambassador to Thailand Ouk Sorphorn. ...

Hom Phanet

Cambodia and Turkey promote cooperation among businesses

Cambodia and Turkey held yesterday afternoon via videoconference a business forum to enhance and promote cooperation among businesses from both countries. ...

Khmer Times Staff

Businesses told to ban drugs

The Interior Ministry on Friday warned guesthouses and clubs that they will face the law if they do not step up their efforts to ban illegal drugs use in their facilities. As part of the ministry’s ongoing campaign against drugs, the ministry said it has ...

Pech Sotheary

Business chambers merge with Eurocham

The French and German chambers of commerce have both merged into the larger European Chamber of Commerce in Cambodia in order to gain combined strength and be more effective as an interface between European business and the Cambodian government. The agreement is set to be formalised ...

Cambodia’s Small Businesses Serve as Backbone of Sustainable Economy

Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the ...

Naga Corp Reports 23 Percent Profit Growth

NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement. In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that ...

Siam City Cement to enter Cambodia with local partner

Siam City Cement and the Chip Mong Group will co-build a new cement plant in the Toukmeas district of Kampot by 2015 in order to take advantage of the “huge” demand in Cambodia. The plant will cater specifically to the Cambodian market, although they will also ...

T.K. Garment Co moves across the border for cheaper wages

When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...

Cambodia, Among Others, Feeding China's Demand for Timber

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

Credit bureau makes doing business easier

A report released by the World Bank on Tuesday highlighted Cambodia as the most improved country in terms of businesses getting credit, due to the establishment of the country’s first credit bureau in March. Cambodia ranked 133 out of 185 in the World Bank’s report, up from 141 ...

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