Cambodian PM lauds WEF’s role in boosting public-private cooperation

Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...

Khmer Times Staff

Non-sovereign loan Forum guides private sector to directly access development partners’ financial services

The Ministry of Economy and Finance has held a forum on non-sovereign loans aimed at providing directions and guides to private sector and business associations to access loans directly from international financial institutions. ...

Khmer Times Staff

Ministry launches report highlighting sector-based technology needs

To foster a vibrant and resilient innovation ecosystem in the country, the Ministry of Industry, Science, Technology and Innovation (MISTI) has launched a report, highlighting insightful input to support the mission of the private sector, academia, and policymakers. ...

Ben Sokhean

Private sector investment key to Asia infrastructure

Governments in Asia must create a more conducive environment to encourage private sector investment in infrastructure construction, according to experts, who advocate an innovative financing mechanism. ...

Khmer Times Staff

Cambodia to allow 100 percent private investment in Phnom Penh – Ho Chi Minh high-speed ​railway

Prime Minister Hun Sen  said on Wednesday  Hun Sen, that Cambodia will allow the private sector to invest 100% in the new high-speed railway linking Phnom Penh capital of Cambodia to Ho Chi Minh City of Vietnam. ...

Khmer Times Staff

CamDX to add three more ministries to its network

The Industry Science Technology and Innovation, Tourism and the Post and Telecommunications ministries will join the newly launched Cambodia Data Exchange (CamDX) platform to exchange data with other ministries as well as with the private sector. ...

Tin Sokhavuth

Royal Government and Private Sector convene GPSWG-D meeting

The Government-Private Sector Working Group D (GPSWG-D) on Law, Tax and Governance held a meeting via videoconference to discuss challenges the private sector is facing in this hard time of COID-19 pandemic. ...

Khmer Times Staff

Circular economy strategy, plan launched

The government, with support from development partners, on June 28 launched the National Circular Economy Strategy and Action Plan, as well as an affiliated platform to engage the private sector in the Kingdom’s transition towards a circular economy. ...

May Kunmakara

Electricity investment exceeds $6B

The government attracted more than $6 billion in electricity investment between 2006 and the end of last year. This is in response to rising electricity demands and is in line with government goals to reduce its cost for both commercial and residential users. ...

Thou Vireak

Private sector urged to maintain good relations with government

Minister of Labour and Vocational Training Ith Sam Heng on Monday urged the private sector to maintain good relations with the government to boost social and sustainable economic development in Cambodia. His comments were made at the Annual Government-Private Sector Forum held at a hotel ...

Niem Chheng

New law set to benefit those working in the private sector

Workers and employees in the private sector will receive the same benefits as those in the public sector if they pay their income tax and fulfill other legal requirements. The recently passed Law on Social Security Schemes states that workers and employees in the private ...

Long Kimmarita

Tax authority reveals new target

The General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based on sustainability and fair competition in the private sector. ...

Sum Manet

Cambodia business costs under fire

Private-sector representatives in Cambodia are deeply concerned by the government’s inability to reduce the cost of doing business in the country, and they warn that the country would start to lose investors if the situation did not improve. At a logistics forum hosted by the European ...

The Phnom Penh Post and ភ្នំពេញប៉ុស្តិ៍

Private sector urged to invest in cassava

Government officials yesterday called for more private investment in cassava production, arguing it will help boost and diversify Cambodian exports. ...

May Kunmakara

Election worries for tourists

Chris Leyland had forgotten about Cambodia’s national elections when he made plans to travel into Phnom Penh from Vietnam with Jess Jackson, 34, and her two children. Had Leyland, a 41-year-old from Oxford, UK, remembered that it wasn’t going to be a normal weekend in Cambodia, ...

Private side can spark investment

The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...

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 ...

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