News

CDC, CCC review 19th G-PSF progress

The Council for the Development of Cambodia (CDC) in collaboration with the Cambodia Chamber of Commerce (CCC) organised a meeting to review the progress of the 19th Government-Private Sector Forum (19th G-PSF). ...

Nhean Chamrong
https://www.khmertimeskh.com/501492411/cdc-ccc-review-19th-g-psf-progress/

Business forum to scale up Cambodia-Mexico trade, investment ties

Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...

Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/

Cashew nut processing competition pioneered to bolster local industry

Under a fresh initiative supported by the Department of Agro-Industry, a subsidiary of the Ministry of Agriculture, Forestry and Fisheries (MAFF), cashew farmers and processors nationwide will compete to win the top spot for local cashew nut production quality and capacity. ...

James Whitehead
https://www.khmertimeskh.com/501474741/cashew-nut-processing-competition-pioneered-to-bolster-local-industry/

Cambodia-ASEAN Business Summit slated for April

The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...

Chea Vanyuth
https://www.khmertimeskh.com/501445994/cambodia-asean-business-summit-slated-for-april/

Cambodia ready to ramp up trade ties with Malaysia

A business forum scheduled to be held on Tuesday in Kuala Lumpur, Malaysia, is expected to pave the way to enhance bilateral cooperation on trade, investment and economy between Cambodia and Malaysia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501446578/cambodia-ready-to-ramp-up-trade-ties-with-malaysia/

Expanding investment networks: Cambodia-UAE forum set for ‘24

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...

Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24

Calls out for vocational programme enrollments

The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ...

Van Socheata
https://www.phnompenhpost.com/national/calls-out-for-vocational-programme-enrollments

Canada now 9th largest trade partner

Trade between Cambodia and Canada for the first nine months of 2023 reached approximately $700 million, marking a decrease of over 22% from the corresponding period last year, according to the latest figures from the General Department of Customs and Excise’s (GDCE) International Commodity Trade ...

Hin Pisei
https://www.phnompenhpost.com/business/canada-now-9th-largest-trade-partner

Cambodia sees soaring demand for electrical factory machinery

In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0

New commission to iron out knotty gov’t-private tax issues

Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked the Working Group on Law, Tax and Governance of the Government Private Sector Forum (GPS-F) to form an ad-hoc commission to solve complicated technical tax issues by the end of this year, ...

Kang Sothear
https://www.khmertimeskh.com/501375028/new-commission-to-iron-out-knotty-govt-private-tax-issues/

Brunei Chamber is looking to explore ties with the Cambodian business community

The National Chamber of Commerce and Industry Brunei Darussalam (NCCIBD) looks forward to exploring avenues of cooperation with the business community in Cambodia, its Secretary General Haji Abdul Halim bin Haji Saim said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374007/brunei-chamber-is-looking-to-explore-ties-with-the-cambodian-business-community/

Cambodia attracts $3.76 billion investment in Q3

Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/

CDC approves investment of $256.56 million, ‘27K new jobs’

The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Nearly 30,000 firms with $8.6B capital register on OBRS

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-30000-firms-86b-capital-register-obrs

PM to chair business forum in New York

The Cambodia Chamber of Commerce (CCC) and the US Chamber of Commerce will jointly host the Cambodia-US Business Forum in New York next Friday aimed at promoting investment and business opportunities in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501358561/pm-to-chair-business-forum-in-new-york/

SEZs drive $26B exports since 2011

Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...

May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011

Exports inch up in spite of international trade falling from Jan-Aug

Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug

Cambodia, Philippines agree on private sector growth strategy

The Cambodia Chamber of Commerce (CCC) has signed a memorandum of understanding (MoU) with the Philippine Chamber of Commerce and Industry (PCCI), fostering collaboration in agriculture and the advancement of micro, small, and medium enterprises (MSMEs). ...

Van Socheata
https://www.phnompenhpost.com/business/cambodia-philippines-agree-private-sector-growth-strategy

Kingdom seeks to boost foreign investment

Domestic stakeholders and economic experts are advocating for an enhanced investment climate to elevate Cambodia’s status and attract foreign direct investment (FDI) within ASEAN.​ Tan Monivann, vice-president of the Cambodia Chamber of Commerce (CCC), is currently attending the 43rd ASEAN Summit in Indonesia. He conveyed ...

Van Socheata
https://phnompenhpost.com/national/kingdom-seeks-boost-foreign-investment

Indonesian Embassy in Phnom Penh explores agricultural cooperation with Battambang province

The Indonesian Chargé d’affaires in Phnom Penh Lauti Nia Astri and the Economic Section have visited Battambang Province to collect economic intelligence data and explore opportunities and economic cooperation, especially in food security. ...

Khmer Times Staff
https://www.khmertimeskh.com/501353280/indonesian-embassy-in-phnom-penh-explores-agricultural-cooperation-with-battambang-province/

Credai women entrepreneurs to visit Cambodia for fostering collaborations

Eight women entrepreneurs from Confederation of Real Estate Developers Association of India (Credai), Chennai, will be part of a women’s delegation to Cambodia to foster collaborations with various business bodies. ...

Khmer Times Staff
https://www.khmertimeskh.com/501347769/credai-women-entrepreneurs-to-visit-cambodia-for-fostering-collaborations/

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