News
Senate committee passes investment law
The new investment law will be more attractive and provide the Kingdom with better options to navigate the constantly evolving regional and global investment climate, according to Senate Third Committee chairman Mong Reththy. ...
May Kunmakara
https://www.phnompenhpost.com/business/senate-committee-passes-investment-law
New draft of investment law given National Assembly committee OK
The National Assembly committee has passed the draft bill of the new investment law. With that come hopes for it to contribute to and enhance the Kingdom’s investment environment to benefit the nation. ...
Chea Vanyuth
https://www.khmertimeskh.com/50914236/new-draft-of-investment-law-given-national-assembly-committee-ok/
New investment draft law intended to incentivise broadening of the economy
Cambodia’s new investment draft law is set to introduce new incentives for people to invest in the country. ...
Husain Haider
https://www.khmertimeskh.com/50908840/new-investment-draft-law-intended-to-incentivise-broadening-of-the-economy/
Fraud Case Highlights Bribery Around Requests for Citizenship
The Court of Appeal on Monday acquitted a South Korean businessman who allegedly stole $50,000 that was supposed to be used to acquire Cambodian citizenship for his boss in 2007. Koo Bonkwang, the former president of Commerce Central Finance, a microlender, said he paid the money ...
High Risk Seen in Kingdom’s Business Environment: Report
Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...
Hun Sen says growing Japanese investment reflects maturing economy
Prime Minister Hun Sen said Monday that the gradual increase in Japanese investment in Cambodia reflected a maturing of the domestic economy. His remarks came at a groundbreaking ceremony for a shopping mall being built by top Japanese retailer Aeon Co Ltd. The $200 million mall ...
U.S. Supports Strengthening High-Level Legal Networks in ASEAN
Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior Law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...