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 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.
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.
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 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 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.
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’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.
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.
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.