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Cambodia > Economy

UAE investors interested in Kingdom

19/02/2019 07:34 | 0 comments

UAE-based Mohammad Omar Bin Haider Holding Group PSC (MOBH) has shown interest in investing in the Kingdom’s main sectors. Cambodia should seek new investment partners as the Kingdom is facing market problems due to a change in its export policies to the EU, say insiders.

Cambodia > Economy

CWEA seeks platform for businesswomen

18/02/2019 11:08 | 0 comments

Cambodia Women Entrepreneur Association (CWEA) is a private association dedicated to providing a representative platform for women in business. Its goal is to bring issues involving women to the attention of the government and media to boost business growth and open up networking opportunities for businesswomen.

Cambodia > Economy

NagaWorld casino sees net profit of more than $390M last year

18/02/2019 09:27 | 0 comments

Phnom Penh’s NagaWorld casino posted a 53 per cent net profit increase last year at $390.6 million, a sum which is almost equal to the combined net profit of all Cambodian commercial banks in 2017.

Cambodia > Economy

SMEs bemoan gov’t tax exemption requirements

14/02/2019 14:01 | 0 comments

Small and medium enterprises (SMEs) are finding it difficult to meet the requirements to apply for tax exemption from the General Department of Taxation ’s (GDT)said Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec) president Te Taingpor.

Cambodia > Economy

First start-up professional service alliance launched

13/02/2019 14:00 | 0 comments

Cambodia Startup Advisers announced in a press release the launch of the first professional service alliance dedicated to supporting the fast-growing technology start-up industry in Cambodia.

Cambodia > Economy

Cambodia nabs 12th place in best retirement destinations

12/02/2019 11:03 | 0 comments

Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, according to International Living’s Annual Global Retirement Index 2019.

Cambodia > Economy

Trade between US and Cambodia rises 27 per cent on previous year

30/01/2019 14:03 | 0 comments

Bilateral trade volume between Cambodia and the US last year rose 27 per cent to more than $3 billion, Cambodian Minister of Commerce Pan Sorasak said on Monday.

Cambodia > Economy

Trade deficit grows once more

29/01/2019 09:14 | 0 comments

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.

Cambodia > Economy

Businesses express ‘deepest’ EBA concerns

23/01/2019 14:08 | 0 comments

Private companies have expressed their “deepest concerns” over the potential withdrawal of the Everything But Arms (EBA) preferential scheme. In a joint letter to the European Commission, they said the move will negatively impact the Kingdom.

Cambodia > Economy

Ministry to lose $60M a year in revenue

21/01/2019 09:13 | 0 comments

The Ministry of Commerce will lose $60 million in revenue annually after the government eliminated export procedures in a campaign to boost competitiveness, a senior official at the ministry has said.

 
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