News

Cambodia’s GFT sector gathers steam under EU collaboration

The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...

Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/

MoT, EuroCham agree to bolster tourism investment

The Ministry of Tourism (MoT) and European Chamber of Commerce (EuroCham) on Tuesday agreed to join hands in attracting public and private investments aimed at enhancing the Kingdom’s tourism sector through the Cambodian Tourism Marketing and Promotion Board (CTB). ...

Nhean Chamrong
https://www.khmertimeskh.com/501440070/mot-eurocham-agree-to-bolster-tourism-investment/

Cybersecurity law must be “business-friendly”

Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...

Marissa Carruthers
https://kiripost.com/stories/cybersecurity-law-must-be-business-friendly

Guidebook to manufacturing in Cambodia published

EuroCham Cambodia has published a guidebook, ‘Alternative Manufacturing and Special Economic Zones Guidebook 2024’, providing insight for entrepreneurs, investors, and industry stakeholders seeking information about Cambodia’s manufacturing sphere. ...

Seng Mengheng
https://kiripost.com/stories/guidebook-to-manufacturing-in-cambodia-published

Cambodia's burgeoning digital banking market

The impact of digital transformation on the European banking sector and the potential for Cambodia to tap into fintech innovations were hot topics of discussion at EuroCham’s latest event. ...

Seng Mengheng
https://kiripost.com/stories/cambodias-burgeoning-digital-banking-market

Dissecting the new tax law

Phnom Penh’s business community gathered on Thursday for a forum hosted by EuroCham Cambodia on “Unpacking the Law on Taxation”, with the aim of breaking down the new regulations introduced in May. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-dissecting-the-new-tax-law

Tina enlists EuroCham in push for agri loans

Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...

Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans

Tina enlists EuroCham in push for agri loans

Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...

Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans

High-skilled labour key to develop economy

A forum on human resources in Cambodia has highlighted the need to prioritize developing high-skilled labor to grow the economy. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-high-skilled-labour-key-to-develop-economy

Survey finds VAT issues as major concern

The Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. ...

Manoj Mathew
https://www.khmertimeskh.com/501175671/survey-finds-vat-issues-as-major-concern/

EuroCham urges end to solar fee for industry

The European Chamber of Commerce in Cambodia (EuroCham) is encouraging the industrial sector to implement effective renewable energy (RE) policies and calling on the government to remove capacity charges on solar energy and fully embrace renewable sources. ...

May Kunmakara
https://www.phnompenhpost.com/business/eurocham-urges-end-solar-fee-industry

Cambodia, EuroCham discuss mine action cooperation

Cambodian Mine Action and Victim Assistance Authority (CMAA) and the European Chamber of Commerce of Cambodia (EuroCham Cambodia) have discussed a cooperation on mine clearance in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501047244/cambodia-eurocham-discuss-mine-action-cooperation/

EuroCham Cambodia and GMAC ink agreement to better support European brands sourcing from Cambodia

EuroCham Cambodia and GMAC have signed a Memorandum of Understanding (MoU) that will remain in force for an indefinite duration and defines a clear set of joint actions by the two associations for the coming years. ...

Khmer Times Staff
https://www.khmertimeskh.com/501045339/eurocham-cambodia-and-gmac-ink-agreement-to-better-support-european-brands-sourcing-from-cambodia/

EUROCHAM urged to attract more investors

Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...

Sen David
https://www.khmertimeskh.com/50773408/eurocham-urged-to-attract-more-investors/

EuroCham firms wary over elections

Business confidence among EuroCham Cambodia’s predominantly European member companies fell this year as a result of a lack of positive reforms and uncertainty surrounding upcoming elections, according to a survey released yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/eurocham-firms-wary-over-elections

Renewables start to gain traction

Solar power is slowly gaining momentum in Cambodia as a viable source of electricity for the country’s growing energy needs, though stakeholders are anxious to see a real government commitment to establish a beneficial regulatory framework. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/renewables-start-gain-traction

Govt: no plan to ban used car imports

The government said yesterday it had no plans to ban the import of second-hand cars, despite concerns Cambodia lags behind other ASEAN countries on the issue and over safety and consumer protection. ...

Sok Chan
http://www.khmertimeskh.com/news/23338//

EU gives $3.9 million to attract investment

The European Union will spend €3 million ($3.9 million) on a program to encourage small and medium enterprises to invest in Cambodia. Speaking at a conference yesterday in Phnom Penh, EU Ambassador to Cambodia Jean-Francois Cautain said the five-year grant – to be managed by EuroCham ...

http://phnompenhpost.com/business/eu-gives-39-million-attract-investment
http://Daniel de Carteret

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

Regional pharma producers eye Kingdom

International pharmaceutical companies are increasingly looking to sell their products to Cambodia, although the market is full of obstacles, according to experts. After several big international players announced sales expansion plans, two companies from Indonesia, a major manufacturing hub in Southeast Asia, are planning to follow. Kalbe ...

http://www.phnompenhpost.com/2013052465819/Business/regional-pharma-producers-eye-kingdom.html

European FDI declines, China’s up

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...

http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html

Plan for EU-ASEAN summit

Minister of Commerce Cham Prasidh on Wednesday, in a meeting with the European Chamber of Commerce in Cambodia, called on delegates to host an EU-ASEAN business summit next year, according to Eurocham members who were present. The summit is expected to focus on enhancing business strategies ...

http://www.phnompenhpost.com/index.php/2011101452125/Business/plan-for-eu-asean-summit.html

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