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Strengthening Capacity in Property Valuation Is A Key Factor for Real Estate Development in Cambodia

vutha — Wed, 05 Oct 2011 02:19:46 +0000

In the last two years in 2010 and 2011, real estate in Cambodia has realized its growth again though it is not the same as previous years from 2006 to 2008. The growth of real estate has brought with investment and contributed to economic development. The economic growth in Cambodia is expected to [...]

Cambodia Securities Exchange launched officially

vutha — Fri, 22 Jul 2011 12:40:02 +0000

Creating stock exchange in the Kingdom of Cambodia is the initiative between Cambodian government and Korea Exchange since 2007. Cambodia Securities Exchange (CSX) will be held 55 percent by Cambodia and 45 percent by Korea Exchange. The both sides planned to open it at the end of 2009 but the plan failed because [...]

The easiest way of grabbing low rate car loans from Cambodian commercial banks

vutha — Fri, 06 May 2011 08:26:19 +0000

Whether you’re a resident of Cambodia or anywhere else in the world, with the present global financial hangover, everyone is looking for ways to save money in every little way possible. If you’re a prospective vehicle buyer in Cambodia, you must be looking for the commercial banks that specialize in offering loans at [...]

How to Obtain a Loan for Small Business

vutha — Sat, 02 Apr 2011 09:49:59 +0000

Loans are a great asset for all the wannabe businessmen and every huge business has its base with a small business which subsequently transforms into a vast business empire. For every person who wishes to start a business or wishes to inflate the flourishing business, loans provided by the financial institutions and [...]

SECC suspended five trading companies

vutha — Fri, 04 Mar 2011 02:51:19 +0000

Cambodia’s the Securities Exchange Commission of Cambodia – SECC- halted temporarily five domestic trading companies without the necessary regulatory framework.

Ming Bankosal, SECC director, said that Cambodian companies offering derivatives trading had operated without the necessary regulatory framework being in place, according to the [...]

Vietnamese products to gain Cambodian market share

vutha — Mon, 29 Nov 2010 01:44:01 +0000

Most of goods in the market are imported from foreign countries. Not so much products are made in Cambodia. Normally, I noticed that Cambodian consumers always think that Cambodia-made goods have not good quality. How do you think about? Recently, Vietnamese investor is constructing its first supermarket in Cambodia in order to promote [...]

Sales of steamed small snails are lucratvie

vutha — Sat, 27 Nov 2010 14:33:49 +0000

A boy dressed in blue shirt, black trousers and black cap is putting small snails into plastic bag for his customer in Hun Sen park on the morning in the first day of Water Festival ceremony. Normally, if you really want to buy steamed small snails, you go around to riverfront and [...]

Small business: thee-wheel cart full with roasted bananas

vutha — Sat, 27 Nov 2010 14:04:23 +0000

A man is pushing his three-wheel cart which is full with roasted bananas and tomatoes at Steung Meanchey Market. He routinely does it from place to place in the whole day. It is the kind of business makes me earning a little to live from hand to mouth. Income from his business [...]

Plastic used to protect phone from scratches

vutha — Fri, 19 Nov 2010 03:31:54 +0000

You will feel disappointed when your favorite, new phone just bought is scratched or damaged by solid objects accidentally. After buying an expensive handset of mobile phone, you will rush to have your mobile covered by plastic at phone shops or places where provide such services. The service cost for covering plastic on [...]

15 companies got licence to act on the Cambodia stock exchange

vutha — Wed, 03 Nov 2010 14:42:48 +0000

Ministry of Finance and Economics’ the Securities and Exchange Commission of Cambodia granted 15 of 22 companies with the licence to act on the Cambodia stock exchange, which is scheduled to launch in July next year.

Keat Chhon, commission chairman and Economy and Finance Minister, said that granting the licences was [...]

SECC issued licence for securities firm to OSK Indochina Securities

vutha — Fri, 22 Oct 2010 12:54:03 +0000

OSK Holding Bhd has announced that OSK Indochina Securities Ltd (OSKISL) has been issued the licence for securities firm by Sec the Securities and Exchange Commission of Cambodia (SECC). OSK Indochina Bank Limited provides banking products and services. Its deposit products include savings, current, and fixed deposit accounts.

Taxpayer shall do its self-assessment of income and other necessary entries in a modern tax system of Cambodia today. It means that taxpayers under the real tax regime shall declare tax payment to pay taxes themselves at the General Tax Department of Ministry of Economy and Finance (MEF). This will maintain a fair [...]

Foreign ownership property law passed by NA

vutha — Fri, 16 Apr 2010 02:31:08 +0000

The National Assembly of Cambodia passed the new law for Foreign Ownership Property last week before the law would be moved to Senate and signed by the King. It is hopeful that the passage of the law will help boost the more investment.

Daniel Parkes, Cambodia country manager for CBRE Richard [...]

Women Face Obstacles for Small Businesses

vutha — Sat, 20 Mar 2010 14:46:36 +0000

Limited education, poor money management and cultural restrictions are among the main challenges for women to conduct business in the country, according to an advocate for Cambodian business women.

More and more women are curious about owning their own businesses, but challenges remain, said Keo Davy, vice president of the Woman’s [...]

Border police takes money from cassava vendors

vutha — Thu, 18 Feb 2010 07:59:35 +0000

While the prime minister ordered to clean up all illegal checkpoints set up along the national roads in order to take money from Cambodian farmers who transport their vegetable and products to the market. By the way, the premier also ordered all border policemen to stop taking money from people who export their [...]

What does the mean to be successful?

vutha — Fri, 22 Jan 2010 04:37:48 +0000

There are people who had money, property, power and status. Why weren’t they happy? Because having those things is not the same as being successful. They’re lost sight of what was essential. They got addicted, becoming slaves to big money and the things that go with it. In the process, they damaged their own lives [...]