The Cambodia Chamber of Commerce (CCC) plans to open several offices overseas, aiming to establish the first one by next year. The new offices are envisioned as centres to promote foreign investment in the kingdom. Their role will also be to help Cambodian companies export their products abroad, according to Tan Monivann, CCC’s vice president. […]
Read MoreThe railroad connecting Serey Sophorn in Poipet to Battambang, a section of the western rail line that runs for 65 kilometres, officially opened Sunday. The service will stop at Serey Sophorn, Mongkul Borey, Chomka Jek, Phnom Toch, Toul Somrong, Chroy Sdao, Chundeu Sva, Otaky, Siem and Battambang. Cambodia is now one step closer to having […]
Read MoreLHN Group, a Singapore-based real estate management group, has purchased 108 freehold apartments for $12.5 million from Spring CJW Development Pte. Ltd., a local developer. The apartments are part of Axis Residences, a condominium building whose completion is slated for December in Phnom Penh’s Sen Sok district. “The board is pleased to announce that it […]
Read MoreRepresentatives of Cambodia, Thailand and Vietnam gathered yesterday in Phnom Penh to discuss ways of improving trading procedures in Asean, particularly in agricultural goods, as part of a workshop organised by German development agency GIZ. Participants identified two priority areas to be addressed during the workshop and in future negotiations: streamlining bureaucratic procedures and harmonising […]
Read MoreThe General Department of Taxation collected more than $761 million in taxes during the first three months of the year, a slight increase of about 10 percent compared to the same period in 2017. GDT’s director general Kong Vibol announced the figures yesterday during his department’s monthly meeting, and said the positive results are the […]
Read MoreKingsmen CMTI Plc, a Thai provider of design and construction services for retail and corporate interiors, will inaugurate its first office in Cambodia next month, according to a company representative. Nontwaris Jatepiyawat, director of Kingsmen in Cambodia, told Khmer Times the company has been operating in the kingdom since February, but that the official ceremony […]
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