business

Military Tycoons Will Be Asked to Choose: Oknha or Soldier?

Officially designated “oknha” — tycoons who have donated hundreds of thousands of dollars to the government — who are also in the military will be asked to choose to be either oknha or soldier, Defense Minister Tea Banh said.

A fish sauce production line in Phnom Penh

State Bank to Give $100M Boost to Small Business Investment

A new state-owned bank with an initial investment of $100 million will be established to provide low-interest loans to small businesses and address what an industry association calls a capital shortage in the sector, the Industry Ministry said.

Phnom Penh

World Bank Warns of Risks of Losing EBA

The World Bank has warned of the economic risks of Cambodia losing preferential trade access to the European Union, and urged the government to be ready with measures to mitigate the potential shocks to the economy.

Europe, Corruption and Electricity on Agenda at Gov’t-Business Forum

Top business representatives including Kith Meng and Bretton Sciaroni raised corruption, electricity prices and the potential loss of European markets for export as the most pressing concerns for Cambodian businesses during the high-level Government-Private Sector Forum with Prime Minister Hun Sen on Friday.

បុរសម្នាក់កំពុងតែកាន់ទូរសព្ទ តំឡើងកម្មវិធី WeChat ក្នុងទូរសព្ទរបស់គាត់។ រូបភាព៖ ហ៊ុន សិរីវឌ្ឍន៍

Commerce Minister Requests Khmer-Language WeChat App

Commerce Minister Pan Sorasak has asked a visiting Chinese delegation to create a Khmer-language version of the popular app WeChat to help promote e-commerce in Cambodia, according to an announcement.

After Kith Theang Arrest, Sar Kheng Urges More Drug Crackdowns

A day after police arrested the owner of the Rock Entertainment Center, Kith Theang, over a recent 50 kilogram drug bust, Interior Minister Sar Kheng on Monday ordered the nation’s police forces to improve their efficiency in stamping out the trade and use of drugs.