14-circle-k-mai-3
Read More

Circle K opens first store in Cambodia

Amid rising competition in the food mart and supermarket sectors, US convenience store chain Circle K officially opened its first outlet in the kingdom yesterday. The store, which opened in Phnom Penh’s Tuol Kork district, will soon be followed by two more outlets from the US retail company. The stores will be operated by Circle […]

Read More
13-csx-chor
Read More

Cambodia: ADB issues guide to local bond market

Aiming to inject momentum into their nascent debt markets, the Asian Development Bank (ADB) released yesterday bond market guides for Cambodia and Myanmar. Titled ‘ASEAN+3 bond market guide’, the publications provide practical and detailed information on the investment climate, rules, laws, opportunities, and characteristics of the bond markets of the two Southeast Asian countries. Yasuyuki […]

Read More
12-factory-workers-vong-4
Read More

Cambodia: RAM maintains poor ratings

Malaysian credit rating agency RAM reaffirmed Cambodia’s poor ratings on the global and Asean scales, pointing to the country’s poor business environment and weak institutional capacity. The ratings – ‘gB1(pi)/stable/gNP(pi)’ on the global scale and ‘seaBB3(pi)/stable/seaNP(pi)’ on the Asean scale – mean the country is facing a lack of development, coupled with a poor business […]

Read More
10-chor1071
Read More

Cambodia: Chamber of Commerce Law forthcoming

The draft of the new Law on the Chamber of Commerce is again being reviewed by the Cambodia Chamber of Commerce (CCC). Once the proposed changes to the draft are completed, the law will be sent to the Council of Ministers for further discussion and approval, a CCC official said. Lim Heng, CCC’s vice-president, said […]

Read More
10-pan-sorasak
Read More

Cambodia: New deadline to register businesses online

The Ministry of Commerce has extended the deadline to register online for companies already registered under the previous, paper-based system, with businesses now having until December to complete the registration process online. The ministry launched its new business online registration system in December 2015 in a bid to improve the efficiency and transparency of setting […]

Read More