News
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
https://kiripost.com/stories/cambodia-promotes-tourism-at-worlds-leading-travel-trade-show
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
https://www.khmertimeskh.com/501229929/more-than-10700-new-business-establishments-set-up-in-cambodia-in-2022-an-increase-of-39-percent/
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
https://www.khmertimeskh.com/501222359/cambodias-business-establishments-increase-50-pct-in-10-years/
Japanese company eye trade and business potential in Cambodia
A delegation of Japan-based FORVAL Corporation is eying more trade and business potential in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501070362/japanese-company-eye-trade-and-business-potential-in-cambodia/
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
https://www.phnompenhpost.com/business/cambodia-morocco-plan-business-forum-keen-deepen-ties-envoy
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
https://www.khmertimeskh.com/50936577/cambodia-and-turkey-promote-cooperation-among-businesses/
Associations set to liaise on training, financial support to businesswomen
Three associations have entered into a partnership to boost financial inclusion and raise awareness about tools, products and services among women entrepreneurs. ...
Thou Vireak
https://www.phnompenhpost.com/business/associations-set-liaise-training-financial-support-businesswomen
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
http://www.khmertimeskh.com/5088222/businesses-told-ban-drugs/
EuroCham Holds First Annual General Meeting
The European Chamber of Commerce (EuroCham) held its first annual general meeting Thursday at the Sofitel Hotel in Phnom Penh where a board of directors was elected and the French and German chambers merged with EuroCham in order to reinforce the interests of European companies ...
http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/
Discount shops attracting crowds
Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on Sihanouk Boulevard, within sight ...
http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html
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 ...
http://www.phnompenhpost.com/2013062066376/Business/business-chambers-merge-with-eurocham.html
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 ...
Qatar Airways touches down in Cambodia
With the launch of daily scheduled services, Qatar Airways becomes the only Middle Eastern airline flying to the South East Asian nation – and destination number 125 served worldwide. Guests gathered at Phonm Penh International Airport in celebration of the new air link, connecting Cambodia ...
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 ...
http://www.cambodiadaily.com/business/nagacorp-reports-23-percent-profit-growth-9646/
US Seeks Infrastructure Deals in Cambodia
Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...
http://www.cambodiadaily.com/business/us-seeks-infrastructure-deals-in-cambodia-7945/
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
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 ...
http://www.phnompenhpost.com/Business/siam-city-cement-to-enter-kingdom-with-local-partner.html
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 ...
http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia
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 ...
