News

CRF requests year-long loans for rice millers

The Cambodia Rice Federation (CRF) has asked the state-owned Agricultural and Rural Development Bank (ARDB) to extend its loan repayment period to 12 months to help rice millers buy paddy. The request was made on Wednesday at a meeting with Cambodia Chamber of Commerce (CCC) ...

Thou Vireak
https://www.phnompenhpost.com/business/crf-requests-year-long-loans-rice-millers

MoU inked to promote local bourse

Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/

Chamber president calls for stronger South Korea business ties

Cambodia Chamber of Commerce (CCC) president Kith Meng on Tuesday called for stronger business and investment relations between the Kingdom and South Korea. He was speaking on the sidelines of the World Summit 2020 in Seoul, South Korea, after a meeting between the Korea International ...

May Kunmakara
https://www.phnompenhpost.com/business/chamber-president-calls-stronger-south-korea-business-ties

Private sector leaders to meet with Hun Sen

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0

Cambodia-VN forum hears plans for cross-border SEZ

The Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vn-forum-hears-plans-cross-border-sez

CCC inks 18 MoUs with Chinese firms

The Cambodia Chamber of Commerce (CCC) on Thursday signed 18 memorandums of understanding (MoUs) with a visiting delegation of Chinese business leaders from 24 firms. They involved various forms of cooperation. ...

Hin Pisei
https://www.phnompenhpost.com/business/ccc-inks-18-mous-chinese-firms

Government collects $4.5B in revenue from tax, customs

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

Thou Vireak
https://www.phnompenhpost.com/business/government-collects-45b-revenue-tax-customs

Kith Meng re-elected as CCC president

Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...

Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/

Warehouse space shortage brought to light

The Cambodia Chamber of Commerce (CCC) recently noted that investors are facing difficulties finding warehouse space to rent at special economic zones in the country. CCC’s vice president Lim Heng told Khmer Times that the rapid rise of investment going into the country has left little warehouse space ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50621941/warehouse-space-shortage-brought-to-light/

Trade deficit grows once more

Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 ...

Hor Kimsay
https://www.phnompenhpost.com/business/trade-deficit-grows-once-more

Kingdom sees 69 factories open

Cambodia’s garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report. Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdom-sees-69-factories-open

Kingdom ranks second for FDI from VN

The Kingdom ranked second in the first half of the year for overseas Vietnamese investments, receiving about $32 million of the total $263 million outflow from the eastern neighbour. The Vietnamese General Statistics Office (GSO) said from January to June this year, that country’s businesses ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-ranks-second-fdi-vn

Industrial sector grows, but still reliant on garment factories

The government released a summary of the country’s industrial sector over the past five years, showing a marked increase in growth across a wide variety of indicators. The report, released by the Ministry of Industry and Handicrafts (MIH) last week, lacks specific data but shows a ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/industrial-sector-grows-still-reliant-garment-factories

Chamber of Commerce Law forthcoming

The draft of the new Law on the Chamber of Commerce is again being reviewed by the Cambodia Chamber of Commerce (CCC). Once the proposed changes to the draft are completed, the law will be sent to the Council of Ministers for further discussion and approval, ...

Sum Manet
http://www.khmertimeskh.com/50105722/chamber-of-commerce-law-forthcoming/

Inspection centre delayed

The opening of a quality-inspection centre for agricultural products in Kandal province, originally scheduled for the end of 2017, has been delayed, with authorities now saying it will open during the first months of 2018. ...

Chea Vannak
http://www.khmertimeskh.com/50100401/inspection-centre-delayed/

NBC’s currency museum to launch in January

The National Bank of Cambodia (NBC) will open a museum on finance and monetary matters in January 2018, a representative of the central bank has announced. ...

Sok Chan
http://www.khmertimeskh.com/5089178/nbcs-currency-museum-launch-january/

Kandal centre to monitor veggie quality

A centre to improve the standard and quality of agricultural products, especially vegetables, will be set up in Kandal province soon, the director of the provincial agriculture department said yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/5083526/kandal-centre-monitor-veggie-quality/

Cambodia, Bangladesh to strengthen trade

Cambodia and Bangladesh are seeking to strengthen cooperation on trade and enhance and expand trade and business partnerships via a deal which will be signed in October. ...

Chea Vannak
http://www.khmertimeskh.com/5083529/cambodia-bangladesh-strengthen-trade/

Russia-Cambodia body mooted

The Cambodia Chamber of Commerce (CCC) has suggested that Russia set up the Russia-Cambodia Investor Council to pave the way for the private sector in both countries to be engaged with each other. ...

May Kunmakara
http://www.khmertimeskh.com/5079877/russia-cambodia-body-mooted/

Lancang-Mekong expo kicks off in Phnom Penh

The Lancang-Mekong Cooperation’s economic and technology exhibition 2017 kicked off yesterday in Phnom Penh to enhance trade and investment between China and Cambodia, plus other Mekong countries. ...

Chea Vannak
http://www.khmertimeskh.com/news/40332/lancang-mekong-expo-kicks-off-in-phnom-penh/

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