Logo of Phnom Penh Post newspaper Phnom Penh Post - Chamber gives talk on local investing

Chamber gives talk on local investing

Chamber gives talk on local investing

The Chinese Chamber of Commerce in Cambodia (CCCC) and investment and tax advisory firm DFDL on Wednesday held a breakfast seminar in the capital to discuss tax and investment law in the Kingdom.

A press release on the event said it aimed to provide insights on the latest labour laws to Chinese investors in Cambodia.

“The market in Cambodia for Chinese investment is booming, but at the same time it can be confusing and lack clarity for investors,” the press release reads.

DFDL and CCCC have identified the need to further educate investors and provide useful and practical advice on various types of investment.

They are looking at legal and tax perspectives to help those who have already invested in Cambodia or wish to in the future.

DFDL tax partner Clint O’Connell said the event provided Chinese investors with important information on Cambodia’s latest investments.

“We are keen to help investors understand the current regulations to make sure they get the best return on their investment and manage hurdles along the way,” he said.

Chinese investment has come to Cambodia in many forms, the press release says – from 2011 to 2015, Chinese firms provided almost $5 billion worth of loans and investment to the country.

MOST VIEWED

  • NY sisters inspired by Khmer heritage

    Growing up in Brooklyn, New York, Cambodian-American sisters Edo and Eyen Chorm have always felt a deep affinity for their Cambodian heritage and roots. When the pair launched their own EdoEyen namesake jewellery brand in June, 2020, they leaned heavily into designs inspired by ancient Khmer

  • Cambodia records first Omicron community case

    The Ministry of Health on January 9 reported 30 new Covid-19 cases, 29 of which were imported and all were confirmed to be the Omicron variant. The ministry also reported 11 recoveries and no new deaths. Earlier on January 9, the ministry also announced that it had detected the Kingdom's

  • The effects of the USD interest rate hike on Cambodian economy

    Experts weigh in on the effect of a potential interest rate expansion by the US Federal Reserve on a highly dollarised Cambodia Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by

  • PM eyes Myanmar peace troika

    Prime Minister Hun Sen has suggested that ASEAN member states establish a tripartite committee or diplomatic troika consisting of representatives from Cambodia, Brunei and Indonesia that would be tasked with mediating a ceasefire in Myanmar. The premier also requested that Nippon Foundation chairman Yohei Sasakawa

  • Kampot tourism quay ‘90% done’

    Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track, reaching 90 per cent completion, according to a senior Ministry of Tourism official last week. The project is now planned to be finished

  • Demining rat ‘hero’ Magawa dead at 8

    A landmine-hunting rat that was awarded a gold medal for heroism for clearing ordnance from the Cambodian countryside has died, his charity said on January 11. Magawa, a giant African pouched rat originally from Tanzania, helped clear mines from about 225,000sqm of land – the equivalent of 42